Question

In: Operations Management

McDonalds was able to implement global innovations in their restaurants using Layout strategy: True False It...

McDonalds was able to implement global innovations in their restaurants using Layout strategy:

True

False

It is true that manager of a Global Business’s Supply Chain has significant visibility at the upper management due to the responsibilities given. However, one of the following statements is NOT True

a.

Supply chain is a very large portion of the business’s cost structure

b.

Supply chain activities can be performed independent of the company’s marketing and finance functions

c.

Supply chain is designed to be flexible to react to new product introductions and new market entries

d.

Supply chain is measured on the success of company’s cost, quality, delivery and customer responsiveness

Operations Management in the Service industry creates value by transforming inputs into outputs, giving due consideration to significant direct Customer contact.

True

False

Solutions

Expert Solution

1) True

McDonalds was able to implement global innovations in their restaurants using Layout Strategy which helps them to optimize the space utilization and ergonomically design the structure for ease of employees and customers. They try to maintain the same structure helping to attain same level of comfort

2) b

The supply chain activities cannot be performed independently of marketing and finance functions. The supply chain is closed linked to all the functions in the company. The marketing prepares the promotion plan basis input from supply chain on possible delivery date. Supply chain being the cost center works closely with finance as it impacts the profit and loss statement of the organization

3) True

The Operations management in service industry relies heavily on direct customer contact and believes in building value by converting inputs to desired level of output

If you liked my answer, please give an Up-vote. This will be quite encouraging for me. Thank you!


Related Solutions

The Qwerty layout is an optimal layout for one-finger typing on smartphone True / False Explain:
The Qwerty layout is an optimal layout for one-finger typing on smartphone True / False Explain:
if the global strategy is a threat for Alibaba, how is the company able to globalize...
if the global strategy is a threat for Alibaba, how is the company able to globalize effectively? Please giving recommendations that help the company and explain thoroughly.
A short straddle is a long volatility strategy. True or False
A short straddle is a long volatility strategy. True or False
1. TRUE OR FALSE Increasing global market competitiveness can spread chronic diseases. 2. TRUE OR FALSE...
1. TRUE OR FALSE Increasing global market competitiveness can spread chronic diseases. 2. TRUE OR FALSE Globally, infectious diseases are expected to rise while chronic diseases are expected to decrease in the future. 3. Chronic diseases, such as heart diseases, strokes, cancers result in the following conditions except; A. reduced quality of life B. burdened caregivers C. reduced health care cost D. shorter life span 4. TRUE OR FALSE: The top risk factor for mortality, globally in 2017 was poor...
Using block diagram, design the architectural layout of the simplified model of a symmetric Cryptosystem. Implement...
Using block diagram, design the architectural layout of the simplified model of a symmetric Cryptosystem. Implement a cryptosystem columnar transposition technique with a 4 x 4 matrix arrangement. Test your code with ‘cryptography’ as the plaintext. prefer python but it doesn't matter.
What strategy was McDonalds using to set prices in Russia (ethnocentric, polycentric or geocentric pricing)? What...
What strategy was McDonalds using to set prices in Russia (ethnocentric, polycentric or geocentric pricing)? What are the pros and cons of their approach? Given the economic crisis, what should the company do about its prices? Should they raise them? Why or Why not? Cohon considered whether they should be seeking more creative solutions to bring volume back up “What if we were to take out a bunch of ads on national television and guarantee prices for a certain period...
MANAGERIAL ACCOUNTING - TRUE OR FALSE STATEMENTS. (PLEASE SKIP IF YOU ARE NOT ABLE TO ANSWER...
MANAGERIAL ACCOUNTING - TRUE OR FALSE STATEMENTS. (PLEASE SKIP IF YOU ARE NOT ABLE TO ANSWER THEM ALL. THANK YOU!) If volume increases, all costs will increase. The relevant range of activity is the activity level where the firm will earn income. The high-low method is used in classifying a mixed cost into its variable and fixed elements. Contribution margin is the amount of revenues remaining after deducting cost of goods sold. Both variable and fixed costs are included in...
TRUE or FALSE? Correct if FALSE 1. There is no way to expand an economy using...
TRUE or FALSE? Correct if FALSE 1. There is no way to expand an economy using fiscal policy without incurring (or increasing) a budget deficit. 2. The existence of budget deficits must mean that the government is conducting an expansionary fiscal policy. 3. When a government finances its expenditures by printing money rather than collecting taxes, this can lead to “too much money chasing too few goods” and hyperinflation.
True or False (proof or counterexample): If a strategy profile survives IESDS then it must also...
True or False (proof or counterexample): If a strategy profile survives IESDS then it must also be a Nash equilibrium.
“A differentiation strategy is oriented to high quality products or services”. True or false? Explain.
“A differentiation strategy is oriented to high quality products or services”. True or false? Explain.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT