Operational Efficiency College Essays Samples For Students

PROESSOR

Penalty Rates
Penalty rates refer to the compensation paid to employees for working unsociable hours in the Australian employment sector (Craig and Brown 2015). Penalty rates have been adopted in the Australian service industry for over a century, as they have been considered instrumental in promoting the Australian way of life and business growth through opening the shops on weekends. The adoption of penalty rates in the Australian service sector has been considered instrumental in influencing the business operations on Sundays, which has developed into a peak day of activities (Knox 2009).
The study seeks to integrate an analysis ...

Outsourcing refers to the process of contracting specific tasks, services, and business processes to outside contractors and entities. Outsourcing is one of the most effective strategies to increase operational efficiency, reduce costs, and tackle shortages of skilled labor. In the current era, business analysts utilize this perspective in different scenarios and they attain long-tern benefit from the perspective of outsourcing. Outsourcing is prevalent in all sectors of the economy including services, manufacturing, customer services, information technology, and retailing. The outsourcing trend is also increasing rapidly in the healthcare industry due to the challenges faced by healthcare enterprises. Many healthcare ...

INFORMATION TECHNOLOGY: MCDONALD’S

EXECUTIVE SUMMARY
Application of the information systems is essential for the organizations in the modern business environment. It signifies the methods which can improve the operational efficiencies of the business and at the same time assist in innovating new practices which may differentiate and create a competitive edge for the business. Application and effective use has been analyzed in this report using the example of McDonalds which is a leading player in the fast food industry. Innovating new methods helps the businesses in sustaining the competition from the competitors and proposing new methods which enhance customer satisfaction. The use of ...

Business

IKEA’s Value Chain Analysis
The revolutionary idea of studying the value chain embedded in an entity was postulated by Michael Porter as part of which he tried to depict how the entity accumulates customer value along with the chain of activities that it performs. Stated otherwise, the value-chain analysis is an analytical framework that identifies business activities or process inputs that eventually create value for the customers of the company or/and provides competitive advantage to the entity.
Owned by Stichting INGKA Foundation, IKEA is the world’s largest furniture retailer with the presence in more than 40 countries ...

Part 1

Relocation of Bit Technology Inc. to a new headquarters in China is a cost cutting strategy for the high-tech manufacturing firm. The foregoing summarizes resource and operational factors considered in the decision. The competitive strategy that reflects Differentiation Strategy with a Product Lifecycle Focus, concentrating on the High End, Traditional, and Low End segments.
Threats to the transition of the global firm are analyzed in a Porter’s Competitive Analysis, defining six (6) barriers to emerging market entry of multinational enterprises (MNE) looking to expand their growth prospectus through offshore manufacturing of parts (Table 1).
- Economies of Scale - The ...

Virgin Australia Holdings is an airline based in Virgin Australia. With its profound ideologies on proper customer care and favorable air ticket charge, it has managed to win the trust of many customers. Virgin Australia chief executive, John Borghetti notes that for a business to be successfully run, a mix of priorities as opposed to narrow focus must be employed. In February 28, 2012, Virgin Australia Holdings proposed new structure of its business that was meant to meet the standards of air navigation act. (Virgin Australia announces proposed new structure 2012).

Organizational change in the airline industry, although difficult, is inevitable. ...

Strategic Warehouse Management MGT 496

Irina Weisblat

Introduction

Whenever a company is seeking to expand its operations and particularly to a foreign country, it is an important thing for such a company to ensure that it thoroughly considers all the possibilities it has for growth. In order to attain such operational efficiency, the company has to have a set of measures that it adopts to track the progress of its growth in the foreign market as quickly as possible in order to mitigate the losses that come from trying to adjust to the business environment of the host country. One such important measure is the ...

Abstract

This paper explores the different elements of business, specifically in the case of Apple, Inc. This company has been selected in view of the numerous material that is available on the Internet with regard to past and present empirical data on Apple, Inc. The elements of business – legal environment, social environment, economic environment, management structure, operational issues, financial issues, and potential change factors – are crucial issues that are discussed in this paper. Each of these elements must be appropriately addressed since weakness in any one of the elements would create problems for the entire business organization. Compliance with policies ...

The University Bookstore – Textbook Department experience a peak season business usually in the first few weeks of each school semester. The bookstore serves about 21,600 customers in a 12 workdays of the peak season of semester at a daily time frame of 9 am- 9pm. About 30 percent of the bookstore’s customers buy four books while 25 percent buy three. Twenty percent of the customers buy two books while 15 percent buy five books, 10 percent buy one book.
The bookstore spends .5 minutes for every one book of cash transaction per customer, 1.6 minutes for every ...

Analysis of Business and Corporate Levels Strategies

Analysis of Business and Corporate Levels Strategies

Introduction

The increased market competitions at both domestic and global levels have become a major concern of the managements of business organizations. High competition occurs as a result of many companies engaging in the same line of production, leading to the supply of similar products and services to the market. Different organizations adopt various strategies to help them improve their competitive positions and maintain their market share. Primarily, business organizations use strategic pricing methods to enhance their customer base. Also, different marketing strategies such as strategic market mix are adopted to improve the ...

Ericsson Company is global leader in the provision of telecommunications services and equipments. The company offers a variety of services to both fixed network operators and mobile operators in the world. Some of these services include; support, managed services, network roll out, network designs and optimization, learning services, consulting, systems integration and network design and optimization. As one of the top giants in telecommunications, Ericsson has identified appropriate strategies in order to preserve its prominent position in the highly competitive industry of telecommunications. The business level strategies identified for the company were mainly directed at promoting the company’s service ...

Operational efficiency

The input that is established to run a business and the inherent outcome of the business operation is referred to as operational efficiency. The ratio of input and output must be positively inclined to one another to ensure that there is a balance. There is a direct correlation between input and output. If the input is negative or positive, it is possible that a similar will be replicated in the output. Inputs can be human resource, capital, and time. Each entity is analyzed and evaluated based on the variable attached to it. For instance, capital is analyzed based on the cost while the ...

Introduction

Customer loyalty is crucial for every business. In case of a business losing customer loyalty, it faces several problems in the form of loss of market share and revenue. Repetitive sales from the consumer helps create better and improved market position. In case of retail industry, customer loyalty is extremely important and essential for long term success (Payne and Frow, 2005). In present times where in E commerce has taken over, a firm like TESCO would require ensuring customer loyalty in order to survive the competition. Moreover they are also expanding their businesses and customer loyalty can help them maintain their ...

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Introduction 3

About Amazon.com 3
E-Commerce Solution Key Elements of Amazon.com 4
Technology Infrastructure 4
Datawarehouse and DataMining 6
Datamining to operational efficiency and acheiving sales goals 6
Network Security Threats in E-Commerce Applications 7
Controlling Network Security Threats in E-Commerce Applications 8
Payment Gateway 9
Conclusion 9

Reference 11

Introduction
E-Commerce is a present day business methodology addressing various needs of organizations. It enables consumers and merchants to reduce costs and simultaneously improving on the quality of products and services. It ...

Burger king is a global fast food chain that began in 1953. Burger King began as a restaurant based in Jacksonville and Florida. The restaurant ran into financial crisis that led to its sale to Miami based franchises who bought it and gave it the name Burger King. The two franchises were James McLamore and David Edgerton. The company has changed hands in for the past half a century and lately 3G capita of Brazil has acquired majority shares in Burger King and have restructured the company to realize more profits. Burger King operates more than 12000 restaurants across the United States ...

Business Process and System

Abstract
This paper is on business process and systems of Pars Food Ltd. The paper is divided into two essays with first essay on the task of how total quality management and supply chain management of Pars food ltd can help the company in achieving its long term objectives. The second essay will discuss how organizational structure, employee selection and training helps in achieving the aligned organization, value added products and competitive advantage and differentiation aspects of Pars Food Ltd’s strategy and vision.
Business Process and System

Increase Market Share: Expansion to Europe

According to Bernard J LaLonde, professor at Ohio State ...

Abstract

The Federal Aviation administration requirements for the development of strong sustainability plans in the airports in the United States of America caught enormous attention from the airports. The pilt program was scheduled to accommodate only 10 airports but with the number of interested parties increasing, the project took over 20 airports. Selected sustainability plans from the airports taking part in the program suggest that the pilot program in many of the airports took a similar shape while it slightly differed in some of the airports. Environmental conservation, economic development, involvement of staff in decision making and practical administration were some of ...

Analysis of the value chain management of Toyota

Introduction:
In this era of globalization and cut throat business environment the organizations need to develop themselves consistently in order to not only sustain their business but also grow in view of the competition and the choice of next best alternatives available to the consumer all over the world.
Toyota as an organization is a prime example of constantly innovating and changing to maintain its position as a market leader by having a sustained production stream of quality automobiles and thus the success is well documented and the reputation that Toyota has earned in quality, reduction in costs and quality ...

Capital markets are markets in which institutions and individuals buy and sell financial securities. Capital markets channel funds from wealth savers institutions that need funds for long term investments. Capital markets comprise of both the equity and debt markets. Investors participate in the capital market in order to maximize their wealth by buying, holding and selling financial securities in order to take advantage of price fluctuations in the capital market. There are various theories that have been developed to explain the performance of investors’ portfolio. One of the dominant theories is the efficient market hypothesis. This paper discusses the ...

Training involves vocational instructions for the already employed persons. The idea and concept of training was first used in the Second World War (Lathan, 2001, p 31). Training that is work related is significant as emerging techniques, methods, synthetic materials, tools, power sources, and the increased dependence on automation result in extensive changes in the work place. Training at the work place may take on two forms: onsite and off –the-job training. Onsite training sessions include those that are carried out within the actual establishments; most of these sessions are conducted by senior employees. On the other hand off-the-job training ...