What must companies focus on in order to survive in business


Paper Assignment

1. What must companies focus on in order to survive in today's business environment? Use at least two unique references. Length: 4-5 paragraphs.

2. Read the case: Prime Bank of Massachusetts, available in the Operations Management textbook, Chapter 2. Develop a list of changes for the operations function that should be considered by the bank. Use at least one unique reference. Begin by identifying operations management decisions that would be involved in operating a bank, for example, layout of facility, staff, and drive-through service. Then identify ways that they can be improved at Prime Bank in order to support the strategy focused on customer service. Use at least two unique references. Length: 4-5 paragraphs.

3. In the product screening stage of new product development, what are some questions that may need to be explored by the operations function? By marketing? By finance? Use at least two unique references. Length: 4-5 paragraphs.

4. Describe how consumers can use the Internet to shop in new ways. Use at least two unique references. Length: 4-5 paragraphs.

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

Text Book: Operations Management- An Integrated Approach by R. Dan Reid and Nada R. Sanders, 5th EDITION.

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Operation Management: What must companies focus on in order to survive in business
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