Question

In: Operations Management

Using your current organization or one you have worked for in the past, what efforts were...

Using your current organization or one you have worked for in the past, what efforts were taken to assess and/or understand its external environment? In your opinion were those efforts active or passive? Were they sufficient? Why or why not?

Solutions

Expert Solution

My previous organization have taken many effort and pain in understanding and accessing the external environment, some of the efforts are mentioned as below:

  • Competitors- The existing competition in the market was deeply studied so that the current situation can be analysed.
  • Legal complications- Many export and import rules were taken into consideration so as to ensure that we comply by all such rules and regulations while conducting business.
  • Suppliers- The bargaining power of suppliers were also considered so as to analyse future trends.
  • Economic conditions- Various external factors related to the economy of the market, paying capacity of the customers etc. were studied.

The efforts were very active and proactive and were not passive. Appropriate seriousness was given to both present and future issues. Prompt action was taken at every point wherein data showed a dip in the revenue. Most of these efforts were sufficient but the political factor was one factor that could have been analysed and was missing.


Related Solutions

look at your current workplace or one you have worked for in the past.  Do you think...
look at your current workplace or one you have worked for in the past.  Do you think there was/is a potential for fraud at this organization (do not name the organization just a general description such as large retail organization, city government, etc)?   Give specific examples.
Using the organization/company that you work for, or have worked for in the past, how do...
Using the organization/company that you work for, or have worked for in the past, how do they (1) align the budget with organizational goals and (2) align the budget with the mission of the company? How are capital decisions made? If you were in a position that you could change things, what would you change? Why? Support your answer with credible sources. If you have never worked for an organization, use the library to find an article related to budgeting....
Consider the encryption efforts of one of your current or past employers, or research a typical...
Consider the encryption efforts of one of your current or past employers, or research a typical enterprise network and discuss the following: Where is encryption deployed in the enterprise, and what critical data or business process is it protecting? How does the organization handle management of cryptographic keys? Explain the policies, tools, and/or protocols used for key generation, key exchange, key storage, key use, key destruction, and replacement of lost keys.
What particular GUI environments have you worked in? What were your favorite features in these GUIs?...
What particular GUI environments have you worked in? What were your favorite features in these GUIs? What would you have liked to add or change? What (if any) command-line interfaces have you used? What did you like/dislike about them? Were there any tasks you could not accomplish or where you felt limited by not having a graphical interface? Were there any tasks that you felt could be carried out more easily from the command line than from a GUI?
Select an organization of your choice. The organization can refer to a current or past workplace;...
Select an organization of your choice. The organization can refer to a current or past workplace; it could be anonymous (Company X) or you may mention the name. You can also pick an organization you participate in as a customer/client, trustee, stockholder, stakeholder, or interested party. Identify your role in relation to the company that you pick. The major requirement is that you have access to enough information about the organization to address the question in some detail. What are...
Select an organization of your choice. You may select a company you have worked for, would...
Select an organization of your choice. You may select a company you have worked for, would like to work for, or design your own organization. Another option is to select two of the most admired companies or two companies of your choice and determine the organizational design and structures they use. In an essay, address the following topics: ? Describe organizational functions as they relate to the organizational structure, culture, and design of the organization(s). ? Define and provide an...
Consider your current company, or a company that you have formerly worked for, and describe and...
Consider your current company, or a company that you have formerly worked for, and describe and critique the budgeting processes that are used for that organization.
Does the organization you work for or have worked for have a method for evaluating their...
Does the organization you work for or have worked for have a method for evaluating their effectiveness, achievement of organizational goals, and the meeting of client needs? If so, please describe it. If not, name a few ways an organizations can evaluate themselves. Why is this important? 
Think about your current or former job. If the organization where you were working were to...
Think about your current or former job. If the organization where you were working were to go off track strategically, was there any readily available control mechanism to alert management of the deviation? Make sure to complete the Chapter 15 Reading, prior to beginning your participation in the Unit 5 Discussion.Understand what is meant by organizational control. Differentiate among different levels, types, and forms of control. Know the essentials of financial controls. Know the essentials of nonfinancial controls. Know the...
What is your sense of others’ willingness to support change efforts for improvement in your organization?...
What is your sense of others’ willingness to support change efforts for improvement in your organization? Why do you believe as you do? (Please include in-text citation and a reference page)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT