In: Operations Management
11. Perrier water would be substiture of Ozarka water because both are brands of natural bottled water.
12. Modern societies have evolved ethics against murder to exclude more people to do muders as with traditional ethical values the murder cases were on an increase.
13. Ethical decision making is often a tough choice among the shades of gray because ethical decision means decide between wrong and right thing to do. So it becomes difficult at times to decide what is the right decision and whether it will be worthy or not.
14.Matrix structure would be the best suited one. Matrix structure is a structure used when the firm operates in projects which are for specified time period. Under this structure, there are cross functional teams having project managers and supervisors at different levels.
15.A long term effort to infuse the organisation with a sense of purpose and values is a strategy. Strategy is a set of action designed to realise a long term goal.
16. Divisional organisational structure is usually decentralised as most of the decisions are left to the autonomous divisions created although management is centralised.
17. The model that gives a groeth view of business is the financial model. It is through the financial measure (profits) which depict the successful growth of business.
18. Raw materials,transportation and parts are the elements of supply chain and logistics. Supply chain is the movement of raw material and parts from one place to other through transportation facilities.
19.Stability category is a part of financial ratios. If the financial ratios are ideal then the position of the company is said to be stable.
20. Synergy is most likely to be seen in a comapny with unrelated growth. When a company donot have a continuous growth, it takes upon to synergy-mergers and acquisitions for financial benefits, higher levels of growth and lessen competitions.