In teams, you are to research businesses in an industry. Each team member will be expected to do the following for their business.
• Explain the company’s business and its main product.
• Explain the company’s mission statement, goals, and strategies.
• Determine your logistics, such as location, equipment, number of employees, etc.
• Discuss any potential issues that the company would have to consider – Legal, environmental, etc.
• Discuss how the company measures the quality and reliability of their product – forecasting, productivity measures, etc.
• Discuss how the company competes against other businesses in terms of operations.
Sample Solution