Nobody downloaded yet

Evaluating the Business Impact, Operations Management Issues and Effectiveness of Business Decision-Making Relations to Recent Natural Disaster Events - Term Paper Example

Comments (0) Cite this document
The underlying purpose of this discussion is to provide the reader with a more informed understanding of the business impact, operations management issues and effectiveness of business decision-making relations to recent natural disaster events…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.3% of users find it useful
Evaluating the Business Impact, Operations Management Issues and Effectiveness of Business Decision-Making Relations to Recent Natural Disaster Events
Read TextPreview

Extract of sample "Evaluating the Business Impact, Operations Management Issues and Effectiveness of Business Decision-Making Relations to Recent Natural Disaster Events"

Download file to see previous pages The paper tells that the problems and issues that have been identified with BMW Manufacturing Company, one of the biggest car producing corporation, is that the materials it is using to build cars that must be transported to South Carolina, the United States from its European  manufacturing plant are: 1) supply of car parts has been temporarily disabled because of the eruption from an Icelandic volcano that grounded most outbound and inbound air flights since the ash cloud reduced visibility, which may cause accidents if flights continue with normal operations; 2) how to get or secure critically needed car parts from other suppliers; 3) how to reroute and ship the car parts needed to South Carolina; and 4) how to keep the plant in South Carolina operational in the meantime until the natural disaster has been overcome. The response of the company regarding the natural disaster that affected their operations is first to find alternate shipping routes so that the parts needed in South Carolina can be flown in. BMW Manufacturing Company also contacted its other suppliers if they can fill the supply requirements until the situation in Europe goes back to normal. And while the company is waiting for that to happen it will reduce its normal daily production as well as shorten the working shifts of its employees so that the company is still running and its workers will still have a job to go to everyday. In considering the events that happened with BMW, I can say that in making business decisions, any business company must understand that customers, investors, and business partners remain the same. And that the company is expected to deliver what it must deliver no matter what happens because of commitments and agreements that were made before the disaster happened. Therefore, BMW Manufacturing Company is expected to make good on every delivery that was promised and should see to it that necessary people, as well as the equipment to make good on that promise, are available Lynch. In this particular business sense, BMW is doing its best to find a solution to the problem it is currently encountering so that the negative effect, financial and otherwise, it may have on the company, in the long run, will not be very overwhelming. Taking into great consideration that the car manufacturing industry has just started to recover and grow again, which is putting heavy pressure on every manufacturer and supplier across the whole industry. Although BMW is doing making the correct decision by trying to find other ways on how to transport the much-needed supplies from their European manufacturing plant and making some adjustments in the local daily production and working shifts of its employees. It can also avoid encountering such problems again in the near future by trying to make appropriate changes in its business priorities and objectives. While the monitoring of the company’s survival on a daily basis is being done without lapses, short-term solutions are only good for a particular span of time. But since times are changing environmentally and economically, BMW must acknowledge that the way that things may have been done yesterday may no longer be how they should be done tomorrow. It may be difficult to try and make changes where long-term solutions are interlinked with the company’s short-term goals, but this will make the company more flexible in times when unforeseen events arise and when the company’s usual method of dealing with business must be made so it can easily adjust to the necessary change. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Evaluating the Business Impact, Operations Management Issues and Term Paper”, n.d.)
Evaluating the Business Impact, Operations Management Issues and Term Paper. Retrieved from
(Evaluating the Business Impact, Operations Management Issues and Term Paper)
Evaluating the Business Impact, Operations Management Issues and Term Paper.
“Evaluating the Business Impact, Operations Management Issues and Term Paper”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Evaluating the Business Impact, Operations Management Issues and Effectiveness of Business Decision-Making Relations to Recent Natural Disaster Events

Business Decision Making

...” (Bowett 2011). In the decision-making approach, it is essential to attain for information. However, it is a fact that has to be primarily glanced for. Facts provide basics for efficient business activities. Technical information (explaining how to perform tasks and follow procedures) must be along with the “declarative knowledge (indicating what has to be done), semantic knowledge (depicting relations between facts) and casuistic knowledge” (Olszak & Ziemba 2006, p. 1). So-called implicit knowledge is a great part of understanding in an organization. Distribution of information possessions and their recurrently implicit nature is the outcome in some...
12 Pages(3000 words)Essay

Business Decision Making

...? Business Decision Making According to Baker decision making can be defined as the process of developing a solution toa problem. In addition, decision making can also be termed as the process of selecting the best alternative courses of actions from all the available options. In business, decision making is an inherent management activity. In the business arena, every manager whether of a high, middle or low level in an organization, has to encounter a situation which requires them to make a...
6 Pages(1500 words)Coursework


...?Business proposal Plan for the collection of primary and secondary data Secondary data on Dubai buyer market is extremely easy to find. Statistics regarding buyers such as their annual income, cost of property in Dubai, duration of the payment term, mortgage rates, availability of bank financing and the level of financing can all be gathered as it is available from the Dubai government, banks and property dealers. Facts and figures about costs, mortgage rates, deposit rates and annual expected returns are also available online. Since there are no taxes on property in Dubai, it makes finding out property costs simpler. Statistics show that a one bedroom apartment will cost around AED 700000, a two bedroom apartment from AED1100000... ...
11 Pages(2750 words)Essay

Business Decision Making

...The Management of Lambert A.N. Financial Consultant Planning and Control of Expenditure May 24, Report Introduction Capital expenditure decisions are one of the most important decisions that firms make. It usually involves a large outlay of funds and so care must be taken to ensure that the most profitable alternative is chosen. In order to facilitate this process, several criteria are used in making this decision. These criteria relate to different capital budgeting/investment evaluation techniques. Included among them are: i. The net present value (NPV); ii. The internal rate of return (IRR); iii. The...
10 Pages(2500 words)Assignment

Business Decision Making

...?Sur Business Decision Making? Research Document Submitted to XXXXXXXXX Graduate Faculty of the School of XXXXXXXX in Partial Fulfillment of the Requirements for the Degree of XXXXXXXXXX by XXXXXXXX City, State November, 2013. Table of Contents P2. 2: Impact of fiscal and monetary policy 4 P2: 3 Impact of Apple company competition policy 6 P3: 1 How market structures determines pricing 6 P3: Relationship of Market forces of demand and policy 7 P3: 3 Pest analysis of Wal- Market Supermarket 8 P4. 2 Analyse the impact of global factors on UK Supermarkets 9 P4: 3 Evaluate the impact of three policies of the...
7 Pages(1750 words)Assignment

Decision making in business

...dimension of management decision making dictates the nature and kind of decisions which unfold and by whom. Top management makes strategic decisions while upper management and middle managers make decisions that are routine and recur with anticipated outcomes. Operational managers make the routine and recurring decisions necessary to facilitate nonroutine and nonrecurring decisions of higher level management (Harrison & Pelletier,...
41 Pages(10250 words)Scholarship Essay

Business Management & Decision Making

... the aircrafts and on the exterior. According to Porter, ‘fit is a far more central component of competitive advantage than most realize” and the CEO of Ryanair agrees that one has to move away from the discipline of the model (Leavy, 2003). This means decisions have to be taken depending upon the market conditions and the situation that confronts at every stage. However this can work as along as the current strategy is effective but when traditional market collapses, Ryanair would face further challenges. Ryanair has been able to manage growth so far because they follow a high degree of standardization. They do not have direct competition in most routes and use secondary airports. They keep costs down and all these may appear... a profit...
8 Pages(2000 words)Essay

Business Decision Making Process

...for the higher management to improve upon the decision making process by learning tools and techniques which contribute towards improving the overall effectiveness of the decisions made. It is important to note that decision making and problem solving are often considered as the same however, there are certain subtle differences which need to be taken into account for decision making and problem solving. It is important to understand that decision making takes place at every level of the organization i.e. from top management of the...
10 Pages(2500 words)Essay

Business Decision Making departure station. Question 4: How many times a month do you make this journey by train? Comment on the descriptive statistics for the number of times a month passengers make their journeys. How accurate are these results? Descriptive Statistics Variable n Minimum Maximum Mean SE(Mean) SD times journey made each month 250 1 24 12.06 .52 8.22 The mean number of times a month passengers make their journeys is 12 times with minimum 1 travel and maximum 24 travels and the standard deviation is 8.22. Previous research indicates that the average number of times that passengers make journeys on this train service is 14 times a month. Do your results match this result? Null...
8 Pages(2000 words)Assignment

Business decision making

...information required by organizations for efficient and effective management. In the operational level, management information systems help the organization produce output for planning and controlling. It also helps the organization in recording and processing transactions, monitoring and measuring performance as well as decision making (Berenson, Levine, and Krehbiel, 2012). Strategic management is one of the crucial functions of an organization. With management information systems, it is easier to formulate the organization structure of the organization. As management information...
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Evaluating the Business Impact, Operations Management Issues and Effectiveness of Business Decision-Making Relations to Recent Natural Disaster Events for FREE!

Contact Us