Process TypeTASK 1 For burger king operation, outline all the elements of operations design with reference to customer requirements (new performance objectives). Burger King’s has always tried to maintain its strong foothold in the market by constantly catering to the customers predicting their requirements and tastes and adopting inventive measures like adding new ingredients to the existing ones. Its business strategies have neve...
Understanding Equilibrium in EconomicsIn economics, market is defined to be the forum for interaction of the demand and supply side agents, for the purpose of buying and selling of various goods and services. The term “Equilibrium”, thus, in the economic sense, represents the situation where the demand and the supply side players reach to a mutually agreed position regarding the price and quantity of product or service the concerne...
Types of InnovationThe major objective of this presentation is to evaluate the significance of contextual factor, i.e. innovation and entrepreneurship on Adidas Company.It examines how these factors can improve the quality, effectiveness and business activities of Adidas.Adidas is German corporation, which offers variety of products, i.e. cloths, shoes and accessories to target its potential customers. Innovation is the process of initiatin...
The UK Economy and Its Effect on Business Organization in the NationThe study focuses on the nature and characteristics of the UK economy. It also highlights on how the economic system of this nation affects on the business organization of this nation. The UK economy is highly developed economy and is the fifth biggest in the globe as accounted by GDP (Gross Domestic Product). This nation has been ranked ninth biggest in terms of PPP( purchasi...
The problem statement within the supply chain management is the short description of the issues that needs to be addressed to improve the level of efficiency. In order to conduct essential qualitative research on supply chain management, it is essential to identify the exact issues within the logistics operations. In order to deal with the challenges of modern business, it is essential to mobilize the suppliers and producer better quality o...
Section A: Case Study1. Culture impacts the focus of the business. This is evident from the Whirlpool where the focus shifted from efficient manufacturing to innovation. This shift helped the company to ensure that products may be differentiated from the competitors on account of quality and features rather than being the lowest cost providers only. Innovation allows the business to develop competitive advantage. This is because the produc...
Fundamental Concepts of Monetary SystemIn any economy currency plays an important role. Apart from acting as a medium of exchange currencies help to measure values, acts as a store of value and a unit for standardizing values of material goods and services. Regular currency includes paper notes, coins and money issued by central bank of a nation. Currency is actually capture in form of circulating bank notes and coins within an economy. Govern...
Distance studentsThe presentation is formed by the team of consultants who are helping organizations to improve the business. The specific contextual factor selected for the assessment is Knowledge Management and e-Commerce.The company that has been selected for the assessment is Adidas. Knowledge Management and e-commerce Knowledge Management refers to as the process of using, creating and sharing the information and resources of the organi...
Adidas Strategic DirectionStrategic management is considered as the on-going process that includes monitoring, planning, assessment and analysis of all the activities that are necessary to achieve the organizational objectives and goals. Changes that take place in business environment create the need to assess the strategies for long run success of business. The process starts with “assessing the organization's current strategic directio...
Features of Perfect CompetitionCherries are sold in a market that is perfectly competitive in nature. Perfect competition is a specific market structure in which there are several firms offering a homogeneous product. As there is freedom of both entry as well as exit along with perfect information, business concerns are expected to acquire normal profits (Baumol and Blinder 2015). The level of prices is also at a comparatively low level owin...
Supply Chain and LogisticsSupply chain and logistics are two important parts of an effective business system. A supply chain ensures the flow of materials from the producer to the retailer such that there is always a steady supply of products that are demanded by the customers. On the other hand, logistics is the transportation model that is used by business organizations to transport raw materials from the supplier to the manufacture and prod...
Maximum annual output options In ancient days a tribe of natives on the mythical continent of Atlantis was able to produce two commodities to eat. They could harvest fish from the sea and they could grow a form of wild oats. Table 1.a. and Graph 1.a. both show the maximum annual output combinations of fish and wild oats that could be produced by the natives of Atlantis. Table 1.a. Maximum annual output options ...
Overview of the UK Housing MarketThe analysis of housing market of UK is an interesting aspect for several reasons. Housing market in UK holds a pivotal position in the economy. As compared to other European nations UK has a much higher owner occupation rate. In 2011, UK’s owner occupation rate was 70% as compared to a rate of 45% in Germany and 56% in France. The housing price in UK has constituted a steady upward trend in the last few ...
Challenges Facing Moorebank Intermodal CompanyIn the current era of globalization, one of the key sources of gaining competitive advantages in the market is the effective supply chain and logistics management. This is due to the reason that, due to the initiation of the concept of the globalization, contemporary business organizations are having their operations in different countries around the world. Thus, more effective and cost benefit way...
Significant economic growthThe United Kingdom has over the years, developed into one of the most highly developed economies in the global scenario with considerable market orientation in the economy. Being the sixth largest economy in the world in terms of the nominal GDP as well as the ninth-largest in terms of the purchasing power parity, the country has shown impressive growth trends in all the aspects of growth (Capie and Webber 2013...
Product DescriptionThis report will focus on the product Shokubutsu which contains natural skin- caring agent, Green tea extract. The green tea content in this product softly cleanses and rejuvenates skin in order to provide an appropriate balance and refreshing shower experience for skin. The pleasant essence of this product gives a serene and relaxing feeling to the users throughout the day (Osman et al. 2016). In addition to providing a r...
Contemporary Theories of Supply Chain ManagementGlobal supply chain management includes a network of suppliers and manufacturers along with warehouses, distribution centers, retailers and wholesalers. This network in the supply chain is created among the companies all over the world that is responsible for managing, producing or distributing specific kinds of goods and products. There are also a range of special facilitating systems such as info...
Customer Demands in the Cruise IndustryCustomers in the modern day look forward to high quality services, different varieties of experiences, quick delivery, at the lowest prices. To succeed in achieving all these targets and demands of the customers it is extremely crucial for the business organization to understand the needs of customers and satisfy their demands in the most efficient way possible. This policy is applicable to every kind of in...
Impact of Taxing Sugar-Sweetened Drinks on Consumers and Sellers Tax incidence When a tax is imposed, it has an impact on the distribution of social and social welfare. Tax incidence analyses impact of an imposed tax on economic welfare (Moulin 2014). The group or individual who bears the tax burden directly or indirectly realizes the incidence of taxation. The impact of taxation is a part of the microeconomic lesson on de...
Using supply and demand analysis to identify factors determining bottled water price in the UKWater is acknowledged as life and without water life wouldn’t have sustained in the planet earth. Without having water for drinking not a single living organism would have sustained in the earth and all of the living being are dependable on the water source of the planet earth for living (Shiva 2016). Well, it is good to know that there is more ...
Section 1: Problem StatementSection 1: Problem Statement This case centers on Albert Ashwood who is being accused of sexual assault towards about 25 women in the organization and wrongful use of power to obtain sexual favours from female employees (Johnson, 2015). He holds an executive position as a regional Vice President and has been a part of Silver Moon Resorts & Spas for thirty years. He however holds the confidence of the ...
Forms of media and the development of media studiesMedia refers to communication outlet or the tool that is used for the purpose of the delivering of information in the society. It refers to a channel of the general communication that serves the purpose of providing entertainment in the society. This essay discusses why the studying of media is more important and why it should not be consumed. This essay talks about the importance of studyin...
The Importance of Supply Chain Management in the Cruise IndustryThis report outlines the case study of Cruise International, Inc., a virtual organisation committed to delivering superior quality of service and embracing continuous innovation and improvements as per the respective information. Today customer asserts more on different varieties, high quality, lowest price and quick delivery including superior customer services (Casadesus-Masane...
About the Arabian Construction CompanyThe Arabian Construction Company is one of the best-known construction companies in the Middle Eastern region. The Arabian Construction Company was established in the year of 1967 in the country of Lebanon, and was and continues to be owned as well as managed by the Mikati and Meherhbi families. The first office of the company was opened in 1969 in the city of Abu Dhabi in to support the ever-increasing de...
Green Supply Chain Management practices at Haigh's ChocolatesThe report critically examines the chosen case study on the basis of range of articles on sustainable engineering practices like the green supply chain management. The chosen case study reports on environmental sustainability practices by Haigh's Chocolates. The chosen subject area to be critically analysed is “Green Supply Chain Management”. According to the chosen ...