SCHEMENER’S PROCESS MATRIX | Degree of Interaction and Customisation | | LOW | HIGH | Degree of Labour Intensity | LOW | Car wash company having 200 franchise | Courier services | | | Low-cost airline | | | | Mobile phone service provider | Automobile repair garage | | | Private bus service plying between Mumbai and Nasik with 24 buses (40-seater each) | Rent-a-car agency having 100 cars | | | Casino General Entertainment
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Learning & Growth Objective in the learning and growth section is the foundation for achieving the goals set in the business processes‚ customers‚ and financial sections. The investment in learning & growth holds the key to future sustainable competitive advantage and will eventually become the intangible assets of the company. As Verizon is a communication/ technology company in a fast-paced industry‚ it is imperative to have the capability for continuous improvement and innovation in order
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consider diversification as doing something new. Firms that are successful seek to transfer their winning business know-how to new activities. For these firms diversification means looking at new industries or new markets as exciting opportunities for growth and profits. Firms that have been successful but face mature‚ less profitable markets‚ frequently seek to regain old glory in new businesses. For these firms diversification is about survival‚ often including avoiding take-over. In all‚ diversification
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Team C ’s Debate on the Growth of Economic Globalization GMGT520 External Environment of Global Business Week 5 Team Assignment TEAM C: September 17‚ 2005 Abstract Human societies across the globe have established progressively closer contacts over many centuries‚ but recently the pace has dramatically increased. Jet airplanes‚ cheap telephone service‚ email‚ computers‚ huge sea vessels‚ instant capital flows‚ all these have made the world more interdependent than ever. Multinational corporations
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GDP GDP (gross domestic product)‚ is the market value of all final goods and services produced in a country in a given time period. This definition has four parts: Market value‚ final goods and services‚ whether it was produced within a country‚ and the time period. GDP is a market value‚ which means that goods and services are valued at their market prices. A final good (or service)‚ is an item bought by its final user during a specified time period‚ a final good contrasts with an intermediate
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explain why it is said “economic growth is a race between depletion and invention. AS Macroeconomics / International Economy Economic Growth Growing economies provide the means for people to enjoy better living standards and for more of us to find work. But what is economic growth and how best can a country achieve it? Defining economic growth Economic growth is best defined as a long-term expansion of the productive potential of the economy. Sustained economic growth should lead higher real living
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The Shell Directional Policy Matrix is another refinement upon the Boston Matrix. Along the horizontal axis are prospects for sector profitability‚ and along the vertical axis is a company’s competitive capability. As with the GE Business Screen the location of a Strategic Business Unit (SBU) in any cell of the matrix implies different strategic decisions. However decisions often span options and in practice the zones are an irregular shape and do not tend to be accommodated by box shapes. Instead
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Algae are simple organisms that typically produce their own food through photo-synthesis. They are similar to higher plants‚ but they lack many of the distinct organs that you will find in a higher plant. The higher plants are believed to have evolved from algae‚ and algae are believed to have gotten their capacity for photosynthesis from cyanobacteria. Algae can be unicellular as well as multi-cellular. Large and complex forms found in the ocean are commonly referred to as seaweed and can look very
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ORGANIZATIONAL GROWTH _______________________________________ Growth is something for which most companies‚ large or small‚ strive. Small firms want to get big‚ big firms want to get bigger. Organizational growth‚ however‚ means different things to different organizations. How‚ then‚ is growth defined? How is it achieved? How does a company survive it? PHASES OF GROWTH A number of scholars and management theorists have developed models of how organizations change and grow. One such model is
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Product Process Matrix A common classification of production process structures We often classify processes based on their physical configuration‚ material and product flow‚ flexibility‚ and volume expectation. There are four different process types‚ which a manager can choose‚ keeping in mind the relative importance of the following attributes:- Quality‚ Time‚ Flexibility‚ and Cost. These are: 1. Job process 2. Batch process 3. Line process‚ and 4. Continuous process Job
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