Homework: Operations Management
Use any of these companies:
1) Caplin and Notion
2) NPV
3) IRR
4) Payback period
5) Break even point
6) Equality/ sept RAN
In accordance with the University's Digital Assessment Policy and Online Similarity Checking Policy all standard academic summative submissions of coursework, i.e. those that are primarily text-based and contribute towards a final named GCU award at SCQF Level 9 (Bachelors / Ordinary degree) or above, will be submitted online through Turnitin.
Details
Select an organisation and provide a review of its operations using a wide range of sources. It is anticipated that you will cover the following areas:
1) Use a range of qualitative and quantitative tools as appropriate to evaluate an organisation's operational effectiveness which includes its processes and a review of its financial position.
2) Critically evaluate the different tools and data sources in terms of their reliability and appropriateness, justifying which ones you have used in your review.
Students are expected to demonstrate up-to-date research on the subject, and apply examples to demonstrate your understanding of that subject. It is also important that you do not rely solely on company literature for applied examples as this is likely to put forward a view of the world that suits company management.
A. A ‘critical assessment' requires you to analyse the topic in terms of both benefits and challenges associated with the topic. Therefore, your assessment should encompass several arguments and/or perspectives.
B. You should undertake a keyword academic literature search and aim for a ‘balanced approach' to your writing. The evidence must come from findings which have been published in academic literature or sourced through available organisational / body documentation, with complete reference details given (using the Harvard referencing system) within the reference page. You cannot rely on anecdotal evidence.
C. You may also wish to discuss any possible challenges the organisation may face in implementing your recommendations. Again, arguments should be based on findings conveyed in secondary literature in terms of challenges encountered, lessons learned and benefits gained.
D. You need to reflect on weaknesses in the evidence reviewed and identify any research gaps in the literature which highlights the opportunity for further research or lead to recommendations for the organisation.
E. Remember that you must structure your submission in accordance with reporting conventions.
Format your homework 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 homework, 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.