ways that banks compete for customers
1. From time to time, various groups clamor for import restrictions or tariffs on foreign-produced
goods, particularly automobiles. How might these be helpful? Harmful?
2. List the key ways that organizations compete.
3. Explain the importance of identifying and differentiating order qualifiers and order winners.
4. Select two stores you shop at, and state how they compete.
5. What is the Balanced Scorecard and how is it useful?
6. Contrast the terms strategies and tactics.
7. Contrast organization strategy and operations strategy.
8. Explain the term time-based strategies and give three examples.
9. Productivity should be a concern of every business organization.
a. How is productivity defined?
b. How are productivity measures used?
c. Why is productivity important?
d. What part of the organization has the primary responsibility of productivity?
e. How is efficiency different from productivity?
10. List some factors that can affect productivity, as well as some ways that productivity can be improved.
11. It has been said that a typical Japanese automobile manufacturer produces more cars with fewer
workers than its U.S. counterpart. What are some possible explanations for this, assuming that
U.S. workers are as hardworking as Japanese workers?
12. Boeing’s strategy appears to focus on its 777 midsize plane’s ability to fly into smaller, nonhub
airports. Rival European Airbus’s strategy appears to focus on large planes. Compare the advantages and disadvantages of these two strategies.
13. Name 10 ways that banks compete for customers.
14. Explain the rationale of an operations strategy that seeks to increase the opportunity for use of
technology by reducing variability in processing requirements.
15. Identify two companies that have time-based strategies, and two that have quality-based
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