Past Year Questions OPM 530 COMPILATION OF PAST YEAR QUESTIONS OPM 530 – INTRODUCTION TO OPERATIONS MANAGEMENT JAN 2012 – OCTOBER 2006 CHAPTER 1- Introduction to Operations Management and Productivity JUN2012 a) Define productivity and elaborate on any four (4) importance of productivity to an organization. (10 marks) b) Discuss any five (5) challenged faced by today’s operations managers (10 marks) APR 2011 a) Define operations management with the aid of appropriate diagram. b) Discuss any
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CONFIDENTIAL BM/SEP 2011/ENT300/ETR300 UNIVERSITI TEKNOLOGI MARA FINAL EXAMINATION COURSE COURSE CODE EXAMINATION TIME FUNDAMENTALS OF ENTREPRENEURSHIP ENT300/ETR300 SEPTEMBER 2011 3 HOURS INSTRUCTIONS TO CANDIDATES 1. This question paper consists of four (4) parts : PART A (20 Questions) PART B (20 Questions) PART C (5 Questions) PART D (2 Questions) 2. Answer ALL questions from PART A‚ B‚ four (4) questions from PART C‚ and one (1) question from PART D. i) ii) iii) Answer PART A in the True/False
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Wal-Mart and Target are similar and different in many ways. Wal-Mart has better prices than Target‚ Wal-Mart’s and Target’s products are about the same but Target is better‚ and Target has a better atmosphere than Wal-Mart. Wal-Mart and Target have similar products but Target products are better than Wal-Mart’s. Wal-Mart as a better selection in fresh produce such as vegetables than Target does. Both of these stores have about the same selection in frozen products and household products. Target has a
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Wal-Mart and Target. Both companies have their financial year ended in January. Income Statement of the Target is showing gross margin but there is no such break up in Wal-Mart income statement. Income Statement of the Wal-Mart is showing directly operating income. Both companies have cost of goods sold over 70% of their revenue for the recent year. Wal-Mart has two sources of revenue while Target has only one source. Operating income of the Wal-Mart has decreased during the recent financial year while
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Leaders are in service to their team Wal-Mart Cheer - An actual structured chant that was created by founder Sam Walton to lift morale every morning Finance For the fiscal year ending January 31‚ 2009‚ Wal-Mart reported a net income of $13.6 billion on $404 billion of revenue(3.4% profit margin). For the fiscal year ending January 31‚ 2006‚ Wal-Mart ’s international operations accounted for
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Tangible Resources Tangible resources are assets to the company. According to Shane Thornton who works for eHow‚ Tangible resources are anything and everything that helps a company operate and do business. Tangible items are similar to three of your five senses. The senses that companies use are sight‚ touch‚ and feel. The major component that is under this subject is Land‚ Labor‚ Capital‚ and Stocks. Land is one of the most important parts that are under the category of tangible assets. Land
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activities where competitive strategies can be applied primary vs secondary Porters competitive forces model view of firm‚ competitors and environment Traditional Competitors New Market Entrants Substitute products and services Customers Suppliers Analyze Amazon and Walmart.com using the value chain and competitive forces model Amazon Activity Example Secondary Activity Administrative‚ finance infrastructure Legal‚ accounting‚ financial management HR Management Personnel‚ lay recruitment‚ training
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particular assignment of business economics is focused on Five Year Plans. The assignment provides a detailed and comparative analysis about 10th‚ 11th and 12th five year plans in relation to various parameters and economic areas. It also provides a detailed assessment of the economy as a whole as well as contribution of individual sectors in comparison with plan targets. What basically is Five Year Plan? First Five Year Plan was implemented in Soviet Union in 1920 by Joseph
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Michael Porter’s five forces model‚ the Target brand proves to be capable of making a high profit. Target’s industry faces several barriers to entry. First‚ Target and its current nation-wide competitors enjoy significant economies of scale. Purchasing inputs in bulk enables Target to reduce pricing in their stores. Also Target benefits from brand loyalty with their customer which makes it difficult for competitors to gain customers. Due to its high level of power as a buyer‚ Target purchases large
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PUBLIC-PRIVATE SECTOR COOPERATION FOR DEVELOPMENT IN MALAYSIA 13 Public-Private Sector Cooperation for Development in Malaysia MUHAMMAD RAIS BIN ABDUL KARIM‚ Malaysian Administrative Modernization and Management Planning Unit (MAMPU) Prime Minister’s Department Kuala Lumpur‚ Malaysia Introduction MALAYSIA’S GROWING competitive edge in the world economy was underscored in The 1995 World Competitiveness Report published by the World Economic Forum and the International Institute of Management
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