Sunday, May 12, 2019
Understanding business operations Essay Example | Topics and Well Written Essays - 2000 words
Understanding contrast operations - demonstrate Exampleper will examine current models of business operations by considering how these organizations might theoretically infer a competitive advantage by drawing on the examples of two organizations. One of the presented models will be based on an organization which is volume intensive and second will be based on a business model which is margin intensive.There is little question that technology is evolving rapidly, and the impact that these technological advances have on our modern economy can be profound. In this regard, organizations who have made each attempt to be constant and consistent innovators in technological development and application in their business models have reached an unparalleled success. Technological advances in such areas as supply chain, inventory management, distribution, and business supervise has significantly unnatural the bottom line of a number of different businesses.For the purpose of this essay t he offset business model that will be examined is that of Wal-Mart and how the implementation of technology in their business organization has affected the way that we as consumers may have shifted our buying procedures. The format for this discussion is to give a apprize background on Wal-Mart followed by a discussion as to how their innovation has helped make this organization the community it is today. There is little question that Wal-Mart is a truly global company which according to Reuters (2010) has operations in over fourteen nations with both retail and online sales in their portfolio. Wal-Mart has a focus on timed household items however the company has recently diversified into membership format retail operations as well as diversifying their product offerings to include groceries. One could theoretically define their product offerings to be in the traditional household retail sector.When questioned as to how Wal-Marts business model has affected the goods we buy and the choices unattached one must make an examination of
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