ASSEMBLY LINE METHODS An assembly line is a production arrangement of workers and equipment in which the product that is being assembled passes consecutively from operation to operation, with each station adding to the work of previous stations, until the product is completed.  Assembly line methods were originally introduced to […]

FRAMEWORK FOR DETERMINING THE NEED FOR A BUSINESS ALLIANCE Defining “Alliance” The definition of the word “alliance” varies from executive to executive, company to company, and industry to industry. Companies that have entered into alliance don’t necessarily agree on what is meant by “alliance”. The fact is that there are […]

HOW TO WORK WITH SUBCONTRACTORS Subcontracting refers to the process of entering a contractual agreement with an outside person or company to perform a certain amount of work. The outside person or company in this arrangement is known as a subcontractor, or may also be called a freelance employee, independent […]

THE CHALLENGE OF ATTAINING SUSTAINABLE GROWTH The sustainable growth rate (SGR)  of a firm is the maximum rate of growth in sales that can be achieved, given the firm’s  profitability, asset utilization, and desired dividend payout and debt (financial leverage) ratios.  Variables typically include the net profit margin on new […]

USING ORGANIZATIONAL CHARTS TO STUDY ORGANIZATION STRUCTURE Organizational charts are detailed representations of organization structures and hierarchies. They are typically used to provide both employees and individuals outside the organization with a “snapshot” picture of its reporting relationships, divisions of work, and levels of management.  Obviously, smaller firms – whether […]

KEY ISSUES IN OPERATIONS As an organization develops plans and strategies to deal with the opportunities and challenges that arise in its particular operating environment, it should design a system that is capable of producing quality services and goods in demanded quantities in acceptable time frames.    Designing the System […]

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Johny Watshon

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