Thought for the day:

1. Thought for the day:

2. OperationsInfluences on Operations Management

3. Get an A A Grade To what extent, Evaluate, discuss, justify, advise, recommend. Band 6 Evaluation Apply, Examine, Analyse, Interpret, Formulate. Band 5 Application & Analysis Compare, Contrast, distinguish,, construct, calculate, explain. Band 4 Understand Define, Clarify, describe, extract, identify, outline, recall, recount, state summarie Band 2/3 Knowledge

4. Starter: Brainstorm influences on business operations .

5. Knowledge Influences • globalisation, • technology, • quality expectations, • cost-based competition, • government policies, • legal regulation • and environmental sustainability

7. Influences Syllabus • globalisation, technology, quality expectations, cost-based competition, government policies, legal regulation, environmental sustainability • corporate social responsibility • the difference between legal compliance and ethical responsibility • environmental sustainability and social responsibility

8. What is globalisation? …………………Your thoughts?

10. What is Globalisation? • It is the increasing integration of the international economy • The Economist described it as the “The Death of Distance” • Deregulation of world product, capital and labour markets designed to increase financial and factor mobility and movement of goods and services • Globalisation involves fundamental changes in economic geography – including the spatial division of different stages of production • The expansion of “global sourcing”

11. What is Globalisation? • Increased specialisation in particular goods and services • Greater global economic interdependence

13. Homework NAME ON IT!!! Hand in Hard copy please Question 1 - 5 Pg 26

14. Activity • questions. • In pairs answer the questions • 25 mins • A3 = Globalisation • Define • Explain

15. Fall in Sea Transport Costs Declining Air Freight Costs Fall in communications costs Decline in tariff and non-tariff restrictions Rising Real Living Standards Liberalisation of Domestic Markets Factors Behind The Rapid Expansion of Global Trade A tariffis a tax on imports or exports (trade tariff) in and out of a country

16. Import Export Take out of the country • Bring in to the country

17. Exchange Rates Australia dollar strong Australian dollar weak AUSD$2 = SING$1 So if Australia wants to sell for AUD$20 (will have to sell for… SING$10 If AUD keeps getting weaker.. Can be cheaper.. • AUSD$1 = SING$1.25 • So if Australia wants to sell for AUD$20 will have to sell for… • SING$25 • If AUD keeps getting stronger ….the more expensive the selling price (to maintain profit margin)

18. Activity In groups of four. Q 1 - 4 A3 Sheets = Currency (first half of sheet) • Define • Explain

19. Country Gains from Trade • Google ‘Gains from trade’.. Wiki. • Note.

20. Country Gains from Trade • specialisation and trade • decreasing costs • differences in demand • increased competition • trade as an ‘engine of growth’

21. Arguments for Restricting Trade Methods of restricting trade • tariffs • quotas • administrative barriers Arguments for restricting trade • infant industry argument • to prevent dumping • to prevent establishment of a foreign-based monopoly • to spread risks • pursuing national interests (but against world interests) • exploiting monopoly power • protecting declining industries • non-economic arguments

22. So far… • - Globalisation (import/export/exchange rates/ restricted trade)

23. Activity In groups of four. Q 5 – 8 A3 Sheets = second half of sheet (trade) Complete questions Discuss answers • Define • Explain

24. Technology Aim: Understand the influences of technologyon Operations. • a very important role in the application of the operations function of business. • Technology may be defined as the design, construction and/ or application of innovativedevices, methods and machinery upon operations processes. • Think: Mobile phones, laptop computers, desktop computers, gaming consoles, security devices

25. Technology Such technologies enable people to • communicate more easily • enable improved processes. Technology can be seen to be both • a range of devices • as well as a range of enablingprocesses.

26. Technology in operations • Technologies can be applied to, and integrated with, the range of processes that characterise the operations function in business. • At an administrative level, technology assist with organisation, planning and decision making and are in control of operational processes.

27. Technology in operations At a processing level, technologies are used in: • manufacturing • logistics • distribution • quality management • all aspects of inventory management • supply chain management • sourcing. See Table 2.1

28. Technology in operations Cambridge Text book • Different cultures(pg 20) • Robotics (pg 21) • CAD (pg 22) • CAM (pg 24) Your group will explain the concept to the class … you can use youtubeetc to support explaination…

29. Homework Question 1 - 6 Hand in Hard copy please Pg 27-28 case study

30. Technology • Generally, technology is the application of science or knowledge that enables people to do new things or perform established tasks in new and better ways. • Apair of scissors, for example, is a piece of technology that allows for the more efficient cutting of materials. • More specifically, business technology involves the use of machinery and systems that enable businesses to undertake the transformation process more effectively and efficiently. Most technology impacts every aspect of business, assisting employees to work more productively. • Play (first minute)

31. …Will be some more technology in Chapter 3 of in Action book.

33. Activity • In Groups… • Pull out main points for your topic – how it influences operations. • Write on the A3 Paper. • 4mins= 12mins • Swap tables… add to the paper • Half class…. 3 tables… • (6 tables = 2 of each) • Quality & Cost – Based competition • Government Policies & Legal regulations • Environmental & CSR • Define • Explain

34. Activity • ….. Now return to each table and note all the main points. Under each heading • (cut paper to separate topics) • = 30mins (5 minseach) • Quality • Cost – Based competition • Government Policies • Legal regulations • Environmental • CSR • Define • Understand

35. Homework Question 1 - 9 Hand in Hard copy please Pg 31

37. Homework Hand in Hard copy please (potential Exam question) ‘Business must act in a socially responsible and ethical manner because current legislation is inadequate’… discuss HWK: Write 20 mark essay answer. APPLICATION expected!

38. Play 11mins

39. Activity Explain the the difference between legal compliance and ethical responsibility Research… detail! Take notes. Will be handed in. Pg 35 – 38 10mins In Silence • Understand

40. Mini Debate ‘Business must act in a socially responsible and ethical manner because current legislation is inadequate’

41. Homework Hand in Hard copy please (potential Exam question) ‘Business must act in a socially responsible and ethical manner because current legislation is inadequate’… discuss HWK: Write 20 mark essay answer. APPLICATION expected!