Thought for the day:
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Transcript of Thought for the day:
Thought for the day:
“Think ahead. Don't let day-to-day operations drive out planning.”
Donald Rumsfeld (Former: American Secretary of Defense)
Operations
Influences on Operations Management
Get an A
Knowledge
Application & Analysis
Evaluation
A
Grade
Understand
Define, Clarify, describe, extract, identify, outline, recall, recount,
state summarie
Compare, Contrast, distinguish,, construct,
calculate, explain.
Apply, Examine, Analyse, Interpret, Formulate.
To what extent, Evaluate, discuss, justify, advise, recommend.Band 6
Band 5
Band 4
Band 2/3
Starter:
Brainstorm influences on business operations .
Influences
• globalisation,• technology, • quality expectations, • cost-based competition, • government policies,• legal regulation • and environmental sustainability
Knowledge
Target • Learning Objective Who? Keywords
Understand the influences on Operations: globalisation, technology, quality expectations, cost-based competition, government policies, legal regulation and environmental sustainability And define corporate social responsibility
ALLD/C
Band 3/4
Explain the the difference between legal compliance and ethical responsibility
MOSTB/C
Band 5
SOMEA
Band 6
Influences Syllabus
– globalisation, technology, quality expectations, cost-based competition, government policies, legal regulation, environmental sustainability
– corporate social responsibility – the difference between legal compliance and ethical responsibility
– environmental sustainability and social responsibility
• What is globalisation?
…………………Your thoughts?
• It is the increasing integration of the international economy• The Economist described it as the “The Death of Distance”• Deregulation of world product, capital and labour markets designed to increase financial and factor mobility and movement of goods and services
• Globalisation involves fundamental changes in economic geography – including the spatial division of different stages of production – The expansion of “global sourcing”
What is Globalisation?
• Increased specialisation in particular goods and services
• Greater global economic interdependence
What is Globalisation?
Homework
• Pg 26
NAME ON IT!!!
Hand in Hard copy please
Question 1 - 5
Activity
DefineExplain
• questions.• In pairs answer the questions
25 mins
A3 = Globalisation
Factors Behind The Rapid Expansion of Global Trade
Fall in Sea Transport
Costs
Declining Air Freight Costs
Fall in communicatio
ns costs
Decline in tariff and non-
tariff restrictions
Rising Real Living
Standards
Liberalisation of Domestic
Markets
A tariff is a tax on imports or exports (trade tariff) in and out of a country
Import• Bring in to the country
Export• Take out of the country
Exchange Rates
Australia dollar strong• AUSD$1 = SING$1.25• So if Australia wants to sell for AUD$20 will have to sell for…
• SING$25• If AUD keeps getting stronger ….the more expensive the selling price (to maintain profit margin)
Australian dollar weak• AUSD$2 = SING$1• So if Australia wants to sell for AUD$20 (will have to sell for…
• SING$10• If AUD keeps getting weaker.. Can be cheaper..
Activity
DefineExplain
In groups of four.
Q 1 - 4
A3 Sheets = Currency (first half of sheet)
Country Gains from Trade
• Google ‘Gains from trade’.. Wiki.
• Note.
Country Gains from Trade
• specialisation and trade– decreasing costs
– differences in demand
– increased competition
– trade as an ‘engine of growth’
Arguments for Restricting TradeMethods of restricting trade
– tariffs
– quotas
– administrative barriers
Arguments for restricting trade
– infant industry argument
– to prevent dumping
– to prevent establishment of a foreign-based monopoly
– to spread risks
– pursuing national interests (but against world interests)
• exploiting monopoly power
• protecting declining industries
– non-economic arguments
• So far…• - Globalisation (import/export/exchange rates/ restricted trade)
Activity
DefineExplain
In groups of four.
Q 5 – 8
A3 Sheets = second half of sheet (trade)
Complete questionsDiscuss answers
Technology
Aim: Understand the influences of technology on Operations.• a very important role in the application of the operations function of business.
• Technology may be defined as the design, construction and/ or application of innovative devices, methods and machinery upon operations processes.
• Think: Mobile phones, laptop computers, desktop computers, gaming consoles, security devices
Technology
Such technologies enable people to• communicate more easily • enable improved processes.
Technology can be seen to be both • a range of devices • as well as a range of enabling processes.
Technology in operations
• Technologies can be applied to, and integrated with, the range of processes that characterise the operations function in business.
• At an administrative level, technology assist with organisation, planning and decision making and are in control of operational processes.
Technology in operations
At a processing level, technologies are used in:• manufacturing• logistics • distribution• quality management• all aspects of inventory management • supply chain management • sourcing.See Table 2.1
Technology in operations
Cambridge Text book
• Different cultures (pg 20)• Robotics (pg 21)• CAD (pg 22)• CAM (pg 24)
Your group will explain the concept to the class … you can use youtube etc to support explaination…
Homework
• Pg 27-28 case study
Hand in
Hard copy please
Question 1 - 6
Technology• Generally, technology is the application of science or knowledge that
enables people to do new things or perform established tasks in new and better ways.
• A pair of scissors, for example, is a piece of technology that allows for the more efficient cutting of materials.
• More specifically, business technology involves the use of machinery and systems that enable businesses to undertake the transformation process more effectively and efficiently. Most technology impacts every aspect of
business, assisting employees to work more productively.• Play (first minute)
• …Will be some more technology in Chapter 3 of in Action book.
Target • Learning Objective Who? Keywords
Understand the influences on Operations: quality expectations, cost-based competition, government policies, legal regulation and environmental sustainability and define corporate social responsibility
ALLD/C
Band 3/4
Activity
DefineExplain
In Groups…
Pull out main points for your topic – how it influences operations.Write on the A3 Paper.
4 mins = 12mins
Swap tables… add to the paper
Half class…. 3 tables…(6 tables = 2 of each)
• Quality & Cost – Based competition
• Government Policies & Legal regulations
• Environmental & CSR
Activity
DefineUnderstand
….. Now return to each table and note all the main points. Under each heading(cut paper to separate topics)
= 30mins (5 mins each)
• Quality
• Cost – Based competition
• Government Policies
• Legal regulations
• Environmental
• CSR
Homework
• Pg 31
Hand in
Hard copy please
Question 1 - 9
Homework
• (potential Exam question)
• ‘Business must act in a socially responsible and ethical manner
because current legislation is inadequate’… discuss
• HWK: Write 20 mark essay answer.
• APPLICATION expected! Hand in
Hard copy please
Target • Learning Objective Who? Keywords
Explain the the difference between legal compliance and ethical responsibility
MOSTB/C
Band 5
Play
11mins
Activity
Understand
Explain the the difference between legal compliance and ethical responsibility
Research… detail!
Take notes.
Will be handed in.
Pg 35 – 38
10mins
In Silence
Mini Debate
‘Business must act in a socially responsible and ethical manner
because current legislation is inadequate’
Homework
• (potential Exam question)
• ‘Business must act in a socially responsible and ethical manner
because current legislation is inadequate’… discuss
• HWK: Write 20 mark essay answer.
• APPLICATION expected! Hand in
Hard copy please