hi guys can you please answer some of these stuff? its for my business case about business philos and strategies.. i need everyones opinions and answers..
here goes:
1. Using the operations system model, describe fully kripy kreme’s production philosophy? How does it maintain the freshness of its doughnuts?
2. Describe wal-mart’s key objectives and how have Sam Walton’s own key factors in building a business contribute to the success of wal-mart?
3. Describe the financial transactions that led to the establishment of BET holdings and how it has managed to grow over the years
Sorry, I do not have specific knowledge about Krispy Kreame, Wal-marts or BET, other than what I have read in the newspapers. Your questions require specific research which you will have to do. Start with Google.
1.
To describe Krispy Kreme's production philosophy using the operations system model and understand how it maintains the freshness of its doughnuts, you can follow the steps below:
1. Start by researching the operations system model. This model usually includes inputs, processes, outputs, and feedback loops. It describes how a company's operations function to create products or services.
2. Look for information about Krispy Kreme's production processes. This may involve searching for articles, case studies, or official company resources. Determine what inputs go into their production system, such as ingredients, equipment, and labor.
3. Identify the processes involved in making Krispy Kreme doughnuts. This could include steps like mixing the dough, proofing, frying, and glazing. Pay attention to any unique techniques or quality control measures they use.
4. Understand how Krispy Kreme maintains the freshness of its doughnuts. This could involve looking into factors like the timing of doughnut production to ensure a fresh supply, the use of high-quality ingredients, efficient distribution methods, and the proper storage or packaging techniques.
Remember to analyze the information you find and consider how Krispy Kreme's production philosophy aligns with the operations system model. Explain the key components of their production system and how they contribute to maintaining doughnut freshness.
2. To describe Walmart's key objectives and understand how Sam Walton's factors contribute to its success, you can follow these steps:
1. Research Walmart's mission and vision statements, as these often reflect the company's key objectives. Look for official sources such as Walmart's website, annual reports, or public statements made by its executives.
2. Identify Walmart's key objectives based on the information you find. These may include factors such as low prices, customer satisfaction, large product selection, operational efficiency, or market dominance.
3. Investigate Sam Walton's key factors in building a business. Look for biographies, interviews, or articles about his entrepreneurial journey and management philosophy. Consider factors such as his focus on customer service, cost-cutting measures, supply chain management, and emphasis on employee motivation.
4. Analyze how Sam Walton's key factors have contributed to Walmart's success. Connect his approaches to the company's achievements and growth over the years. Highlight specific examples if available.
Remember to provide supporting evidence and explanations for each point in your description. Ensure that you tie together Walmart's key objectives and Sam Walton's factors to demonstrate their impact on the company's success.
3. Since I do not have specific knowledge about BET Holdings' establishment or growth, I recommend conducting research to answer your third question. Start by searching for articles, news reports, or official resources related to BET Holdings' financial transactions and growth. Look for information about its founding, acquisitions, partnerships, investment strategies, or any other notable financial events. Analyze the gathered information to describe the financial transactions that led to its establishment and discuss how it has managed to grow over the years.