BA 611 Organizational Theory OT Smart Factory Journal Summary

User Generated

An_C

Business Finance

BA 611

BA

Description

Part 1: Summary: Please make sure you follow the below FORMAT for each part and each part should be min 300 words

Pick one of the following terms for your research: analyzability, core technology, interdependence, joint optimization, lean manufacturing, noncore technology, service technology, small-batch production, smart factories, or technical complexity.

FORMAT

Find one peer reviewed academic article (within the past 3 years) that closely relates to the concept. Your submission must include the following information in the following format: DEFINITION: a brief definition of the key term followed by the APA reference for the term; this does not count in the word requirement. SUMMARY: Summarize the article in your own words- this should be in the 150-200-word range. Be sure to note the article's author, note their credentials and why we should put any weight behind his/her opinions, research or findings regarding the key term.

Part 2: Summary:

Pick one of the following terms for your research: code of ethics, conscious capitalism, corporate social responsibility (CSR), culture, ethical dilemma, external adaptation, mission culture, social capital, values-based leadership, or whistle-blowing.

Part 3 : Summary:

Pick one of the following terms for your research: bounded rationality perspective, cognitive biases, decision learning, devil’s advocate, groupthink, incremental decision model, management science approach, nonprogrammed decisions, rational approach, or satisficing.

Part 4: Summary:

Pick one of the following terms for your research: authority, competition, confrontation, dependency, empowerment, intergroup conflict, negotiation, organizational politics, power, or rational model.

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Here you go. In case of any further inputs please let me know!It was good working with you! 👋 Thanks for using Studypool. Take care and good luck!All the best

Running head: SMART FACTORY

1

Journal Article Research Summaries
Name
Course
Tutor
Date

SMART FACTORY

2
Journal Article Research Summaries
PART 1
Smart factory

Definition
Smart factory
The terms smart factory refers to technological system that offers flexibility in the
production process so that it can optimize operations over a broad networks, besides learning and
adapting to new operational environments with little or no human intervention (Büchi, Cugno &
Castagnoli, 2020). In sum, the smart system refers to the implementation of a system that is able
to adapt to the changing environmental conditions in the production process.
Summary
In this article, the authors examine the concept of smart factories, especially with regard
to the performance of organizations. The authors indicate that while there is some evidence that
the smart factory is capable of enhancing the performance of companies, there is little effort that
has been directing at researching the concept. In its findings, the article indicates that the concept
of smart factory is one of the enabling technologies and its implementation in an organization is
likely to lead to enhance the performance of an organization by offering it better speed,
flexibility and enhanced production capacity. The bottom line is that smart factory is enhancing
the competitive advantage of a company.
The authors of this article are seasoned scholars whose works have been published and
referenced widely across the world. They are scholars in the Management Dep...


Anonymous
Excellent resource! Really helped me get the gist of things.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags