Professional Documents
Culture Documents
Engineering Management-Business Functions
Engineering Management-Business Functions
Operations Management is important activity due to its design and management of products,
processes, services and supply chains. It considers the acquisition, development, and utilization
of resources that firms need to deliver the goods and services their clients want.
The survey of OM ranges from strategic to tactical and operational levels. Representative
strategic issues include determining the size and location of manufacturing plants, deciding the
structure of service or telecommunications networks, and designing technology supply chains.
Tactical issues include plant layout and structure, project management methods, and equipment
selection and replacement. Operational issues include production scheduling and control,
inventory management, quality control and inspection, traffic and materials handling, and
equipment maintenance policies.
To become an operations manager, your best skill will be your ability to communicate well
with people from all walks of life. The people working under you will need to respect you, but
also feel that you are approachable. This can be a hard balance to strike.
Another important skill is time management. With your job covering so many different facets of
a business, you will need to be able to manage your time well and prioritize when necessary.
To become an operations manager, you will need a four-year bachelors degree in business, or a
similar field. More importantly, you will need to have quite a bit of work experience behind you
before you will be considered for this type of role.
The best major you can have in college is business administration. A degree in marketing,
finance, or accounting, would also be applicable. Some operations managers have a degree in the
field they work in, for instance engineering or communication and then complete an MBA later
on.
Operations managers that work for the big companies and demand a higher salary often have a
postgraduate qualification, usually an MBA. If you are currently working somewhere in the
business field, and have your sights set on becoming and operations manager, then completing an
MBA is a good idea. There are many study options available, including online degrees which
allow you to complete your coursework on your own time.
2. Choose a firm/company with an existing marketing unit and draw the organization chart
of the firm showing the marketing unit and its relationship with other unit.
Monopolistic Competition
Many firms
Free entry and exit
Differentiated but highly substitutable product
Oligopoly
Small number of firms
Product differentiation may or may not exists
Barriers to entry
Monopoly
There is a market power
One product
Barriers to entry
Price Taking
1. The individual firms sell a very small share of the total market and, therfore, cannot influence
market price.
2. The individual consumer buys too small a share of industry output to have any impact on market
price.
NIKE “RUN”
Reference:
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b. Publicity Release
White House Hosts Weatherization Supply Chain Industry Event with NASCSP
Washington, D.C. – June 15 — The White House, together with the National Association for
State Community Services Programs (NASCSP), held the first ever Weatherization Supply
Chain Industry Event this morning. This event showcased the value, economic impact, and
contribution to technological advancements of the Department of Energy’s (DOE)
Weatherization Assistance Program (WAP) supply chain.
“Weatherization enables suppliers to develop cutting‐edge technologies that reduce energy costs
for those homes that can least afford it,” said Steve Payne, NASCSP’s board president and
weatherization director of the Department of Commerce, Community Services and Housing
Division in Washington state. ”These manufacturers create the green technology jobs that our
country needs to compete in the global energy economy.”
Since the program’s inception over 35 years ago, seven million homes were weatherized and
continue to save an average of $400 in heating and cooling costs each year. Weatherized
homes saved $2.1 billion nationally last year. Additionally, a recent University of Minnesota
study found that every dollar spent on Weatherization in their state created an additional $1.09
in economic activity, while every direct job created added an additional .77 indirect jobs in the
state.
Rodrick Williams, founder and owner of Energy Specialists Inc. in Alaska noted, “As the
largest residential energy efficiency program in the country, Weatherization is a real job
generator. In 2010, with the influx of Recovery Act funds, Weatherization supported more than
14,000 American jobs—many through small businesses and individual contractors, like my
company.”
WAP works to reduce home energy costs and improve the health and safety of low‐income
families. This event highlighted, not only the benefits to low‐income families, but also the
extended influence that WAP has on manufacturers, suppliers, and service installers. Since
nearly all WAP products are made in the U.S., the economic impact of WAP extends far
beyond the households served.
The Weatherization Network leads the nation in advancing technology, research, and work
practices that make residential energy upgrades cost effective, safe, and comprehensive. WAP
forms the foundation of the Home Performance industry and has a direct and immediate impact
on the growth and sustainability of the private market.
About NASCSP
NASCSP is the premier organization advocating for and enhancing the leadership role of States
in preventing and reducing poverty. State administrators of two federal programs—the U.S.
Department of Health and Human Services’ Community Services Block Grant (CSBG) program
and the U.S. Department of Energy’s Weatherization Assistance Program (WAP)—comprise
NASCSP’s membership. Both CSBG, which funds Community Action Agencies (CAAs), and
WAP, an energy efficiency program, address the needs of low‐ income families.
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REFERENCE:
http://www.waptac.org/Print-Media/Press-Release-Examples.aspx