Operations And Program Management Allotted Time Take...

Week Three Quiz Course Number and Section: BUSN 6110 – South Campus Course Title: OPERATIONS and PROGRAM MANAGEMENT Allotted time: Take home quiz. Due back no later than 5:00, EST, November 3, 2014 Please email me your answers using the Webster Connections/Blackboard email, and bring a hard copy with to class, week four. You are reminded†¦. †¢ You are on your honor to do your own work. †¢ Please do not cut/paste your answers. †¢ No credit will be given if you do so. †¢ Please answer all questions in your own words. Call me if you need anything†¦407-249-5959 Please keep in mind that some questions have multiple parts. QUESTION 1: Identify how changes in the external environment may affect the OM strategy for a company. For example, what†¦show more content†¦As an every day more globalized world, terrorist attack has changed the way as governments and companies improve its security. Companies under target attack could stop operations regionally and globally especially those related to the financial system. Impossibility to run a supply chain effectively and the difficulties for transportations in the area of impact created a generalized chaos. Looses on labor hours and the lack of communication due to mobile networks collapse are some of the general elements that OM had to face. c. The much discussed decrease in the quality of American primary and secondary school systems. This situation creates huge deficits on performance of future undergraduates and graduates students’, reducing levels of competence with international Universities. Also, expenses on companies training would increase as well as human resources selection processes. d. The rapid rate at which the cost of health insurance is increasing The increase of health insurance is pushing companies to reduce their workforces from fulltime to part time contracts worsening quality of benefits for employees. Large companies are the most harmed having to restructure their labor cost in order to benefit the bottom line. QUESTION 2: Describe the product development cycle. Introducing a new product is an activity that involves a high risk and requires the application of a high content of resources; material, financial and human that