Homework
o What activities are involved in the operation function? And how does operations interact with other functional areas?
o List and explain the five steps of strategy formulation. Follow the steps to outline a strategy for a company organization with which you are familiar.
o Gather mission and vision statements from two different companies. What do they tell you about the organizations? Are their mission and vision reflected in the way they do business?
o Select 2 different types of business/organization, well-known brands (e.g. McDonald, Toyota, Amazon, HP, Kiewit Construction, Dell computer, Sheraton hotels, Google, Macy's department store, Walmart, iHop, US Department of Labor, MODOT, Microsoft Corp., Amtrak transportation, ...). Then provide examples of their actual practices in quality, time, cost and flexibility from your experience and/or readings, be specific on your writing of these examples. Below suggested reading from University of Cambridge explains the dimensions of quality, time, cost and flexibility.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o 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.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.