690 week3 mil1, business and finance homework help

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  1. Submit the Operations Management section (Section I) of your project management plan.

    Assess the history and trends of operations management, focusing on the business or company from your business plan in the Marketing and Strategy course. Provide rationale for the selection of your business development opportunity. Detail initial estimates of demand based on your forecasts and justify your selection of forecasting methods. Determine site location(s) and provide specific quantitative rationale for your selection.

    For additional details, please refer to the Final Project Guidelines and Rubric document and the Milestone One Guidelines and Rubric document in the Assignment Guidelines and Rubrics section of the course.
  2. By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign™ services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution's policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.

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MBA 690 Milestone One Guidelines and Rubric The final project for this course is the creation of a project management plan. In Milestone One, you will submit the operations management section (Section I) of your project management plan. Assess the history and trends of operations management, focusing on the business or company from your business plan in the Marketing and Strategy course. Provide rationale for the selection of your business development opportunity. Detail initial estimates of demand based on your forecasts and justify your selection of forecasting methods. Determine site location(s) and provide specific quantitative rationale for your selection. Consider the underlying business information needs of the new business and what information requirements will be needed. Outline the management information structure of the proposed business information system for your new business opportunity as part of the overall proposal based on the feedback received from Module Two. Consider specific IS concepts in Chapter 12 to outline your proposed system. For example, what elements do you plan to incorporate into your management information system? What linkages in the information structure are proposed? Prompt: Assess the history and trends of operations management, focusing on the business or company from your business plan in the Marketing and Strategy course. Specifically, you should assess the significant forces that have shaped operations management in recent history and answer the following:       How did these forces impact the business operations of your company? If your company does not yet exist, how do you envision these forces will impact the business operations of your company? Critique the key obstacles and issues that confronted company management during the evolution of operations management into the modern era. How did your company’s management handle these obstacles? If your company did not exist then, how do you think they would have responded to these issues? Assess changes to operations management philosophies and organizational structures in response to the evolving complexity of business operations. In other words, what has changed and why? Analyze the business operations of your selected company. Consider questions such as these in your response: o What organizational processes does the company use? o How do the business operations support the strategic plan, mission, and vision of the company? o What factors affect productivity and profitability? Determine the key trends in production, quality, resource, and information management with a focus on the business operations of your company. Assess the impact of these key trends on the business operations of your selected company and on the business product, service, or other idea in your business plan. Note: If, for some reason, you cannot use the company and product, service, or other idea from your business plan, you will need to work with your instructor to select another company and corresponding business product, service, or idea. Specifically, the following critical elements must be addressed: a) Assess the significant forces that have shaped operations management in recent history. How did these forces impact the business operations of your company? If your company does not yet exist, how do you envision these forces will impact the business operations of your company? b) Critique the key obstacles and issues that confronted company management during the evolution of operations management into the modern era. How did your company’s management handle these obstacles? If your company did not exist then, how do you think they would have responded to these issues? c) Assess changes to operations management philosophies and organizational structures in response to the evolving complexity of business operations. In other words, what has changed and why? d) Analyze the business operations of your selected company. Consider questions such as these in your response: What organizational processes does the company use? How do the business operations support the strategic plan, mission, and vision of the company? What factors affect productivity and profitability? e) Determine the key trends in production, quality, resource, and information management with a focus on the business operations of your company. f) Assess the impact of these key trends on the business operations of your selected company and on the business product, service, or other idea in your business plan. Rubric Guidelines for Submission: Your paper should adhere to the following formatting requirements: It is submitted as an APA-style Microsoft Word (or open source) document, 8-10 pages (not including title and reference pages), double-spaced, using 12-point Times New Roman font and one-inch margins. There should be a minimum of two references cited in APA format. Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions. Critical Elements Significant Forces Key Obstacles Proficient (100%) Comprehensively assesses the significant forces that have shaped operations management in recent history or will shape it in the future, focusing on impact on business operations of selected company Accurately critiques the key obstacles or issues that confronted or will confront company management during evolution of operations management into modern era, focusing on management of selected company Needs Improvement (75%) Assesses the significant forces that have shaped operations management in recent history or will shape it in the future, but response lacks a focus on impact on selected company or is cursory or inaccurate Critiques the key obstacles or issues that confronted or will confront company management during evolution of operations management into modern era, but response lacks a focus on management of selected company, is cursory, or is inaccurate Not Evident (0%) Does not assess the significant forces that have shaped operations management in recent history or will shape it in the future Value 15 Does not critique the key obstacles or issues that confronted company management during evolution of operations management into modern era 15 Changes Business Operations Comprehensively assesses changes to operations management and organizational structures in response to evolving complexity of business operations Comprehensively analyzes business operations of selected company Key Trends Accurately determines key trends in production, quality, resource, and information management, focusing on business operations of company Impact Comprehensively assesses the impact of identified key trends on business operations of selected company and business idea Articulation of Response Submission has no major errors related to citations, grammar, spelling, syntax, or organization Assesses changes to operations management and organizational structures in response to evolving complexity of business operations, but assessment is cursory or inaccurate Analyzes business operations of selected company, but response is cursory or inaccurate Determines key trends in production, quality, resource, and information management, but response is not focused on business operations of company or has gaps in accuracy or detail Assesses the impact of identified key trends on business operations of selected company and business idea, but assessment is cursory or inaccurate Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Does not assess changes to operations management and organizational structures in response to evolving complexity of business operations 15 Does not analyze business operations of selected company 15 Does not determine key trends in production, quality, resource, and information management 15 Does not assess the impact of identified key trends on business operations of selected company and business idea 15 Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas 10 Total 100%
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Explanation & Answer

Attached.

Samsung Operations Management – Outline
Thesis Statement: The analysis of operation management in Samsung and especially in home
monitoring system ensure that there is focus on the needs of the management and that of the
clients.
I.

Significant Forces
A. Competition
B. Threat of new entrants
C. Substitution

II.

Key Obstacles
A. Technology
B. Costs

III.

Operations Management Philosophies and Organization Structure

A. Leadership
B. Diversification
IV.

Business Operations

A. Resource centralization
B. Innovation
V.

Key Trends
A. Competitiveness
B. Value chain

VI.

Impact of the Trends

A. Research and development
B. Features


Running head: SAMSUNG OPERATIONS MANAGEMENT

Samsung Operations Management
Name
Institution

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SAMSUNG OPERATIONS MANAGEMENT

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Samsung Operations Management
Operations management is critical in enabling the process of production, and it makes
sure that the products produced meet the needs of the consumers. The process makes sure that
there is the maximization of the motives of the company in the distribution of the products in the
market. The focus on the principles of the business in helping to increase the profitability aspect
is considered, and this ensures that there is the transformation of the resources of the company in
the management process. There is also focus on the processes that the enterprise adopts in
helping to increase the efficiency of the systems created and in the resources that help in
increasing the productivity of the company. The approach that the company uses in the
validation of the processes is through setting goals that increase the competitiveness in the
market and the analysis of the efficiency of the operating environment. The analysis of operation
management in Samsung and especially in home monitoring system ensure that there is focus on
the needs of the management and that of the clients.
Significant Forces
Samsung is known to be diverse in its operations, and this means that the main company
objectives are to enhance the operations of the different departments as it helps in increasing the
durability of the products. Samsung brands are well positioned in the market, and this helps in
making sure that there is the building of the portfolio of the manufacturing company and the
improvement of the research and development process (Jung & Chung, 2016). The strategy in
the management of the operations of the company is embedded in the economic strategy,
effectiveness and efficiency and this help in making sure that there is an increase in the
competition in the market. The three levels of the management of the operations make sure that
there is focus on the design of the products of the company and in the case, there is an analysis of

SAMSUNG OPERATIONS MANAGEMENT

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the needs of the company in making sure that the home monitoring system becomes competitive
in the market.
The forces that shape operations management in Samsung includes competition in the
market especially from other competitors that are involved in making appliances such as
Samsung. It is important that there is an analysis of the advantages that the products offer as
compared to the competitors and this helps in gaining the confidence of the consumers. There is
an analysis of the factors that helps in the improvement of the operating environment and
competition especially in the technological environment is intense helping the company to come
up with the strategies of the improvement of the performance of the company (Mazzola &
Perrone, 2013). The threats of new entrants in the market make sure that there is an improvement
in the operation management environment where the analysis is done according to the needs of
the consumer and this makes it important to focus on the activities that ensure that there...


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