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Homework: Chapter 2 Suggested Homework Score: 0 of 1 pt 10 of 15 (9 complete) HW

ID: 394901 • Letter: H

Question


Homework: Chapter 2 Suggested Homework Score: 0 of 1 pt 10 of 15 (9 complete) HW Score: Problem 2.6 Que Identify how changes within an organization affect the OM strategy for a company. For instance, discuss what impact the following internal factors might have on OM strategy a) Maturing of a product b) Technology innovation in the manufacturing process. c) Changes in laptop computer design that builds in wireless technology a) Select all of the correct impacts the maturing of a product might have on OM strategy below. (Check al that apply,) A Product changes decrease. B. Labor skills decrease c. Capital investment is added for new equipment or processes D. Product design needs to be revised. E, Manufacturing process stabizes. F. Inventory needs to be revised Click to select your answers) and then click Check Answer Clear All Chack Answer

Explanation / Answer

Total weighted scores are shown below:

Calculations and explanations: The weighted score is the weighted average for a particular country. For Mexcico its weighted average = (3*0.4) + (6*0.2)+(3*0.1)+(2*0.1)+(4*0.1)+(3*0.1) = 3.6

Similarly total weighted score for other countries have been computed.

The lowest score is that of Panama and hence Ranga should select Panama.

Selection criterion Weight Mexico Panama Costa Rica Peru Trust 0.40 3.00 3.00 4.00 2.00 Society value of quality work 0.20 6.00 4.00 8.00 8.00 Religious attitudes 0.10 3.00 3.00 3.00 5.00 Individualism attitudes 0.10 2.00 2.00 1.00 1.00 Time orientation attitudes 0.10 4.00 6.00 7.00 3.00 Uncertainty avoidance attitude 0.10 3.00 2.00 4.00 2.00 Total weighted score 3.6 3.3 4.7 3.5