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.
Nobody downloaded yet

Management concepts - Essay Example

Comments (0) Cite this document
This paper is an evaluation of the Case Study of Concept Design Services as they transformed and redefined their corporate mission, products and distribution systems. I will address the issues of operations management, using the transformation model to demonstrate decision points in the organization’s change…
Download full paper
Management concepts
Read TextPreview

Extract of sample
Management concepts

Download file to see previous pages... According to CEO James Thompson, operations management within Concept Design Services “totally transformed our outlook, our resources, and our prospects” over a ten-year period, resulting in a phenomenal unanticipated financial success (Chambers, 2003, p. 46). Management assessed Concept Design Services original growthelement, industrial plastic components, and noted the decrease in sales and the unreliability of the market in both purchasing the product and requesting larger orders. As Concept Design Services diversified into household goods and plastics, the demand for inexpensive household products expanded. At this time Concept Design Services was faced with the issue of an increasingly competitive pricing market from smaller manufacturers that could produce a duplicated item within a tightly controlled overhead. Even while these items appeared to be duplication, they were not the quality of the Concept Design Services items. Concept Design Services evaluated their product line, deleted the less profitable industrial enterprise, and developed a niche market with a new designer and a new concept. Designer household plastics became the “it” item for new homebuyers and those with a desire for fashionable home decoration. While developing the new product line, Concept Design Services created a new distribution network that brought the product closer to the consumer and the point of purchase. Placing their designs and color coordinated products at eye level in retail markets and chain stores, Concept Design Services launched their products with enhanced publicity by providing visible merchandise on television cooking shows, color magazine advertisements, newspaper articles and advertisements, and point-of-sale color brochures and self-service displays (Chambers, 2003, p. 48). As a first step in transformation, Concept Design Services changed their inputs, by changing the direction and gaining control of the process that transforms resources. Next in the transformation process, Concept Design Services changed the physical design of their product, changed the customer base for their product, and changed the information available to customers to market a chic, new product. At this time Concept Design Services changed the distribution process, or output, so that the customer had better service and a quicker turnaround time for product availability. While enacting the new focus for Concept Design Services, operations management utilized the four dimensions, of operations management in the following ways: Volume-The company concentrated on providing a high volume product (plastic housewares) and abandoned the low volume product (industrial plastics). The new high volume product required an entire new division of designers, colors, marketing, and increased the cost per unit of the new plastic housewares. This change was capital intensive as it required paying royalty payments to Italian designers in return for the endorsements and designs, an operating cost that was not previously anticipated (Chambers, 2003, p. 53). Variety-The Company moved from a low variety (only specific models of industrial plastics) to a high variety (plastic housewares with multiple colors and designs). The higher variety brought a more complex set of circumstances requiring more mouldings, more tooling changes, more color changes and more waste of the product ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Management concepts Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1426276-management-concepts
(Management Concepts Essay Example | Topics and Well Written Essays - 2000 Words)
“Management Concepts Essay Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/macro-microeconomics/1426276-management-concepts.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Case management concepts to care for patients with high-risk complex needs
2001). The outpatient goals which case management is trying to achieve are achieving the expected outcomes, shorter hospital stays, more appropriate or decreased utilization of resources, coordination of care across services, and evaluating the process of patient care, pathways and outcomes (Id.).
4 Pages(1000 words)Essay
Management Concepts
Apart from these, Hogsmeadow now offers a varied collection of items of customer’s interest thus drawing more of people with every passing year. There are two sales area; indoor and outdoor selling different items as per the suitability. Despite a tremendous growth in number of visitors, the sales and profitability has not seen that significant raise as expected.
8 Pages(2000 words)Essay
Management concepts
The organisational structure can be of two kinds, one is classical and the other one is modern. The classical organisational structure consists of centralised structure, bureaucratic structure and divisionalised structure (Natural Resources Management and Environment Department, 1997).
4 Pages(1000 words)Essay
Essay on Management Concepts
(Gilbert C., Winne S., Sels L.) Levels of management There are three levels of management. The first is strategic management, that operated by the superior management, dealing with policy making, crisis handling and direction-setting. The decisions made at this level would be typically for a longer period.
8 Pages(2000 words)Essay
Project Management Concepts
The present study consists of two divisions; the first part consists of various stages of a project life cycle while the second part of the study deals with the preparation of a project plan for KFC Hale. There are many guidelines, obligations, rights, and criteria for different cases and their consequences on both for the employee and the employer.
6 Pages(1500 words)Coursework
Marketing Management Concepts
The bank currently offers a wide array of banking services like online banking, online trading, and trust online services. From opening and maintaining a savings and checking accounts, payments of bills, trading of stocks and other investment tools, People's bank offers online support and services to its customer (People's Bank 2005).
2 Pages(500 words)Essay
Management Concepts
With a single supplier and being completely dependent on the customers, the organization faces both supplier and buyer powers. The scope of the organization in terms of facing economic
7 Pages(1750 words)Essay
Management Concepts - Case Study
It then started investing in the Asian countries as well. However, the expansion has not been found to be successful in many countries. At the same time, many of the veterans have left the bank. This has resulted in huge financial losses
2 Pages(500 words)Essay
Management Concepts - Case Study - Motivation
st of the operators including Leo had been facing frustration on account of pressures from customers to increase the quality and their feeling of being powerless to change anything. The company had also been facing financial problems with its cash flow being negative for 3 years
2 Pages(500 words)Essay
Statement of Career Goals Essay
My career goal goes beyond mere acquisition of academic qualification but explores the practical approach in the context of daily life. I have always learnt that talent can take me far but I need personal
1 Pages(250 words)Essay
Let us find you another Essay on topic Management concepts for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us