India is changing rapidly. From last years it has accepted many different trends and systems of the western countries. Often people might hear each other saying India is under the westernization impact or you are getting modern. The term modernization and westernization are confused with each other. But in fact both are different. The question here arises is what should India opt for? Is modernization better than westernization? Modernization: It symbolizes the shift into a lot of trendy techniques
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Assignment 1: Operation Decision Assume you have been hired as a managing consultant by a company to offer some advice that will help it make a decision as to whether it should shut down completely or continue its operations. It currently uses 100 workers to produce 6‚000 units of output per month (working 20 days / month). The daily wage (per worker) is $70‚ and the price of the firm’s output is $32. The cost of other variable inputs is $2‚000 per day. It also tells us that the firm’s fixed cost
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Do you think that advertising should be restricted? Why? What form(s) should this restriction take? Advertising is beginning to dominate today’s society‚ brainwashing young‚ vulnerable viewers. Advertising has and will affect everyone‚ whether it’s a new facial wash on a TV advert or the latest mobile phone on a billboard‚ each uses the same manipulation technique to persuade the viewer. Advertising has always affected people of many ages in both positive and negative ways‚ so why is it only now
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In present society if you ask a woman what her career is‚ and she is known as a stay-at-home mom‚ people have the tendency to look down on her. However‚ if she is a working mom‚ they might ask‚ "how does she manage it all?" This problem with many women makes it harder for them to choose between their children and work. One cannot be the best career woman and the best mother at the same time; a woman has to choose one over the other. There are some married women who are economically strong and their
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Weed should stay illegal Marijuana is the growing topic in Americans daily lives; shockingly people are blind to realize that this substance will probably be one of the deadliest drugs in the next decade. “History repeats itself” a wise man once said‚ and this isn’t the first time or the last time America will use the excuses to make illegal substances that kill. The generations of the 20th century where blind and medically illiterate to the dangers of cigarettes in fact they believed it was
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India Scenario - IKEA - Swedish furniture retailer proposal to invest 105 billion rupees ($1.95 billion) in the country to open 25 stores The company’s planned investment is the largest by a foreign retailer in India since the country amended its laws in late 2011 to allow 100% foreign ownership in single-brand retail ventures. IKEA has already outlined its long-term approach in India by proposing to open 10 stores in the country in the next 10 years of operation followed by 15 additional
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What are IKEA’s competitive priorities? IKEA’s competitive priorities basically fall into two major categories: price and design. It wants to have the greatest number of people afford‚ at the lowest cost possible‚ its good quality and functional products. They put logic in the design of their products which helps IKEA to price lower than competition while maintaining certain quality standard. 1. Describe IKEA’s process for developing a new product. IKEA’s process for developing
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What Would You Do? Scenario 1- Della the Delinquent Cat Lady As the president of the board of directors of the cat shelter‚ I am faced with rather or not Ms. Della should remain as part of the staff at the cat shelter. There are several problems that have been brought to my attention and I feel that now is the time to figure out exactly what should be done regarding the matter. After‚ evaluating the situation and giving it a great deal of consideration‚ I have come up several solutions to
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CHAPTER Operations Strategy and Competitiveness Before studying this chapter you should know or‚ if necessary‚ review 1. 2. The role of the OM function in organizations‚ Chapter 1‚ pp. 3–4. Differences between strategic and tactical decisions‚ Chapter 1‚ 9–10. 2 LEARNING OBJECTIVES After studying this chapter you should be able to 1 2 3 4 5 6 7 8 9 Define the role of business strategy. Explain how a business strategy is developed. Explain the role of operations strategy in the organization
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IKEA The strategy of IKEA adopted was cost leadership strategy. The cost leadership strategy is an integrated set action taken to produce goods or services with feature that are acceptable to customers at the lowest cost relative to that of competitors. Firms using the cost leadership strategy commonly sell standardized goods or services to the industry’s most typical customers. IKEA sells a lifestyle that customers around the world embrace a signal they have arrived good taste and recognize
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