In: Operations Management
1. In this discussion question you will discuss the value chain.
How do companies determine their value chain? At what point(s) does management define the value chain for a product/service? What benefit and importance does a value chain provide for decision making?
2. In this discussion question you will management assessment tools.
Cost-volume-profit may be one of the most valuable assessment tools available to management. Discuss why CVP is so important and provide a real life example you may have been involved in or find of interest as far as break-even for a product/service.