Question

In: Operations Management

How would you respond to this post? We live in uncertain times. If it sounds doomsday-ish,...

How would you respond to this post?

We live in uncertain times. If it sounds doomsday-ish, then you’re reading it correctly. At any given moment there are important, powerful things happening around us. In the past, it could be argued that rapid technological advancements fit this description. Right now, one could make a case for anything from COVID-19 to the Climate Crisis. And some companies and products are thriving in the chaos. The first example that comes to mind, probably because it’s directly related to the auto manufacturers listed in the posted article, is Tesla. Tesla has demonstrated everything referenced in the article. Each car has a big monitor that keeps the people inside connected. [Smart Products & Productivity.] Tesla cars, generally, can only be serviced by Tesla service centers. Owners aren’t really allowed to obtain and work on their own cars, which is very different than times past. The level of customer service is as important as the service itself [Servicitization.] For Digitization, the product itself is pretty digital, but another example could be how a Tesla is built (as a model, not an individual product.) Tesla can mock up a car and see what it would look like in a computer long before manufacturing begins. For personalization, those who order Tesla's can do so from the comfort of their own home. They can choose their own features, color, and more. It’s like Build-A-Bear for moms and dads. For Regulation, Tesla has to follow the same federal rules and regulations as all other car manufacturer. What sets them apart is how they go above and beyond. This is especially true in how they handle EPA regulations. As eco-cars they come with a guilty free conscience and a sense of civic duty.

Solutions

Expert Solution

Answer:

Response to the post:

With change in time and technology we inevitably can’t be untouched by technology advancements and development. Modern companies like Tesla are making cars which are safe environmental friendly and appeals to millennial. The basic fact remains simple that technology is meant for better good of humankind as rightly said in this post, similarly, climate change are also inevitable as earth has limited resources.

Even, in the upcoming times technology change will happen again, wherein, the limited resources like oil will be finished from the earth and we will move towards electric vehicles. So, with the change in time and circumstances we will have further developments and revolutions in the technology as well as climate.

Today, an extremely serious situation has come up that could end in death or destruction which is called COVID-19. And, is moving from COVID-19 towards the climate crisis which is apparent, however, we have no control over happening of these powerful things around us.


Related Solutions

How would you respond to this post? The role of a leader in the success of...
How would you respond to this post? The role of a leader in the success of employees and an organization is critical to continuous progress. A leader's style has a direct influence on people and results. As Warrick (2016) stated, leaders can either create a thriving culture or become an obstacle to success. Hence various theories of leadership have been studied to help understand their overall impact and also to identify what makes a great leader. In this discussion, I...
How would you respond to this post? The two companies that will be compared are Verizon...
How would you respond to this post? The two companies that will be compared are Verizon (VZ) and T-Mobile (TMUS), both are direct competitors. Information will be gathered from the MSN Money website. In terms of management efficiency ratios and key ratios, VZ's return on equity is 33.6% compared to the industry, which is at 10.24%. VZ's return on assets is 7.11% compared to the industry at 4.99%. VZ's return on capital is 8.41% compared to the industry at 5.04%....
How would you respond to this post? A group is defined as two or more people...
How would you respond to this post? A group is defined as two or more people that are gathered together to for a common purpose (Warrick, 2016). Groups can then be broken into either formal groups or informal groups. Formal groups are created so that the individuals work together to achieve a specific outcome (Warrick, 2016). Formal groups are usually present with members of a department or a committee that oversees an operation (Warrick, 2016). While informal groups are individual’s...
How would you respond to this post? Ratio analysis provides a lot of information on a...
How would you respond to this post? Ratio analysis provides a lot of information on a company regarding debt, liquidity, profitability, efficiency, per-share metrics, and relative value (Byrd, Hickman, & McPherson, 2013). However, there are potential pitfalls to using ratio analysis to measure a company. For example, comparing these numbers to the industry average might not be the best idea (Carlson, 2019). The industry average is, well, average; most people want to invest in companies that are more than even...
Find audio clips of adventitious lungs sounds. Discuss what makes these sounds, how would we identify...
Find audio clips of adventitious lungs sounds. Discuss what makes these sounds, how would we identify them, and what the implications would be if they go unrecognized. Summarize your findings
How would you respond to the post below? The ethical values of an establishment can influence...
How would you respond to the post below? The ethical values of an establishment can influence its performance of a business. It is a factor that will impact their relationship with consumers and productivity within the workplace. They must display ethical consciousness to become a successful business in the global market. Ethics refers to the values of an individual that differentiate right from wrong ( Warrick, 2016). Ethical companies have a high chance of meeting the needs of consumers because...
How would you respond to this post? A company’s level of productivity is made known when...
How would you respond to this post? A company’s level of productivity is made known when the company is able to successfully lower cost while increasing efficiency. It has been referred to as outputs/inputs and tradeoffs are the most important part of this equation (Vonderembse & White, 2013). When productivity is active in a business, it is able to drive and increase business performance. Oftentimes a company begins to produce more of a product giving consumers more to consume. Meanwhile,...
How would you respond to this post? The first thought of current leaders may have us...
How would you respond to this post? The first thought of current leaders may have us thinking about the politicians, high-earning Chief Executive Officers, philanthropists, or athletes. However, there are leaders in every organization and around in every aspect of existence. Leadership is an extremely complex topic, some have defined it as an impact connection among leaders and followers who plan realistic vicissitudes in results that replicate their collective drives (Hourston, 2013). However, an uncomplicated description is the one that...
How would you respond to this post? There are several strategies companies who offer services can...
How would you respond to this post? There are several strategies companies who offer services can use to optimize their resources. The various strategies include scheduling for peak demand, chase demand, scheduling appointments or reservations, adjusting or sharing capacity, and cross-training employees (Vondermbse & White, 2013). Some restaurants can utilize reservations to help organize their busy time. In this case, management can have a clear idea of what the demand is, at what time, and can plan to schedule appropriate...
How would you respond to this post? In today's world, establishing a solid supply chain network...
How would you respond to this post? In today's world, establishing a solid supply chain network regarded as one of the main factors for getting a successful competitive edge. Companies are now participating in systems for manufacturer rationalization and restructuring. In most commodities such systems promote single-sourcing. A single supplier company has the advantage of providing socially compatible actions and reacts at a much quicker rate that is not found with multi-supplier organizations. Similar to multi-supplier organizations, a single manufacturer...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT