Business report Essay Example | Topics and Well Written Essays - 2000 words

Business report - Essay Example The company itself will be analysed with the way they conduct their services under the operation strategy and the basis of their service delivery. When it comes to the delivery of the equipments also the Olympic panels will be looking at the environmental impact of the company providing the logistics. TABLE OF CONTENT 1.0 Introduction The main purpose of this plan is to look at the specific operational management issues that Olympics had. Furthermore the operational management issues will be analyzed and so will the solutions that UPS provided during the solving of the said issues. UPS being one of the global logistics service providers will also be discussed. In addition the strategy that UPS uses when it comes to logistics especially during the Olympics are of core importance to this paper and the plan the UPS had for Olympics to help sort out the operational management issues. ... This is done in order to look at some of the aspects individually and thus it will be easier to understand the concepts individually thereafter the concept will be linked to the topic in question and this will enhance the analysis being easy and simple. This will mostly be tackled in the first question and after that the next perspective which is UPS will be looked at as a whole then linked with its activities during the Olympics. The theories and arguments will be supported by evidence from books both physical and e-books where possible in cases where the sources need to be quoted. The paragraphs will be split in order to talk about each idea individually for simplicity and clarity. 2.0 Operational Management Operational Management is a major component of management that is mostly concentrates on overseeing, designing and also controlling the procedure when it comes to production and also the scheming and redesigning business processes in the productions of goods and services. Opera tional management involves mostly the responsibility of ensuring that business operations are efficient in terms of utilizing few resources that are needed and maximizing effectiveness in relation to attaining the customer requirements. Operational management will also be referred in the same breath as its involvement with managing the steps that will adapt to the inputs like labor and materials and match them with the output in the sense of goods or service. Operational management can also be referred to as Operation strategy. According to Jones and Robinson (2012), operation strategy is usually a plan for managing operations over the long term basis in order to achieve business goals and thus achieve competitive advantage. Their definition

Two choose one. will upload later Essay Example | Topics and Well Written Essays - 1000 words

Two choose one. will upload later - Essay Example say will establish businesses internationalisation and focus on the economic, environmental, political, and social impacts of business internationalisation. The content in the essay borrows from Economics, International Business, and Critical Political Economy. The main aim of internationalisation is to maximise profits and formation of capital. Businesses set out to international platforms to harness the innovation and influence the price and quality of assets in other regions. Firms may also internationalise in order to present a strategic marketing alliance or technological front as compared to their competitors. Similarly, an enterprise may in its choice of location, be keen to find resources that reduce its direct costs and increase its assets base (Dunning, 2001, p.184). In the search for reduced costs of production, firms try to harness cheaper alternatives in order to maximise profit margins in a competitive market. Most times, the local market offers a high price for factors of production. With internalisation, prospects of cheaper factors of production set. At times, firms go global in order to meet their international demand. Export to foreign markets may affect their product demand due to increased shipping cost. Production at a subsidiary plant may increase returns for the parent company. The reason of internationalisation compares the advantages of the process to the business to the benefits and costs of accessing cross-border transactions (Dunning, 2001, p.187). In Economics, demand adjusts supply and consumption influences production. Thus, Economics is a system that is responsive, elastic, and automatic (Coase, 1937, p.387). Economics tries to achieve this balance by focusing on the production process and its impact on the price. Firms are characterised by the price mechanism. In internationalisation, firms optimise production by sourcing cheap sources of factors of production such as labour. With the establishment of a foreign firm, it is