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Textbook Notes for Business Administration - Retail Management at Seneca College


SENECABusiness Administration - Retail Management OPM400Mary DraneSummer

Business Administration - Retail Management OPM400 Chapter Notes - Chapter 1-6: Time Series, Operations Management, Quality Assurance

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Efficiency refers to operating at minimum cost and time, whereas effectiveness refers to achieving the intended goals (quality and timeliness). The tra
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SENECABusiness Administration - Retail Management OPM400JeffSummer

Business Administration - Retail Management OPM400 Chapter Notes - Chapter 2: Triple Bottom Line, Environmentalism, Corporate Social Responsibility

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Refers to the firms impact on the environment ex. Fair and beneficial business practices toward labour, the community and region in which the firm cond
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SENECABusiness Administration - Retail Management OPM400JeffSummer

Business Administration - Retail Management OPM400 Chapter Notes - Chapter 2: Ryanair, Lululemon Athletica

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Strategic fit fitting activities to strategy: horizontal strategic linkages. All functional areas must coordinate their own strategies to successful. R
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SENECABusiness Administration - Retail Management OPM400JeffSummer

Business Administration - Retail Management OPM400 Chapter Notes - Chapter 2: Corporate Social Responsibility, Triple Bottom Line, Environmentalism

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SENECABusiness Administration - Retail Management OPM400JeffSummer

Business Administration - Retail Management OPM400 Chapter Notes - Chapter 3: Delphi Method, Exponential Smoothing

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Qualitati(cid:448)e te(cid:272)h(cid:374)i(cid:395)ues i(cid:374) fo(cid:396)e(cid:272)asti(cid:374)g: ma(cid:396)ket resea(cid:396)(cid:272)h, sales t
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SENECABusiness Administration - Retail Management OPM400JeffSummer

Business Administration - Retail Management OPM400 Chapter Notes - Chapter 2: Environmentalism, Liquid Oxygen, Corporate Social Responsibility

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Lo1 a sustainable operations and supply chain strategy. A strategy should describe how a firm intends to create and sustain value for its current share
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SENECABusiness Administration - Retail Management OPM400JeffSummer

Business Administration - Retail Management OPM400 Chapter Notes - Chapter 3: Computer Data Storage, Time Horizon, Delphi Method

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Forecasting is to guide every aspect of an organization, from the strategic level all the way down to an organization"s day-to-day activities. Example:
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SENECABusiness Administration - Retail Management OPM400JeffSummer

OPM400 Chapter 8: OPM-chapter-8-Notes

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Ig(cid:373)a"s (cid:272)o(cid:396)e is a(cid:374) idea that (cid:272)a(cid:374) tu(cid:396)(cid:374) a (cid:272)o(cid:373)pa(cid:374)y i(cid:374)side o
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SENECABusiness Administration - Retail Management OPM400JeffSummer

Business Administration - Retail Management OPM400 Chapter Notes - Chapter 1: Retail, Accounts Payable, Liquid Oxygen

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Supply chain sequence of organizations their facilities and activities that are involved in producing and delivering a product. Sequence begins with su
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SENECABusiness Administration - Retail Management OPM400JeffSummer

Business Administration - Retail Management OPM400 Chapter Notes - Chapter 1: Liquid Oxygen, Customer Retention

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Involves specialists in product design, purchasing, manufacturing, service operations, logistics, and distribution. Businesses then use analytic- mathe
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SENECABusiness Administration - Retail Management OPM400JeffSummer

Business Administration - Retail Management OPM400 Chapter Notes - Chapter 3: Computer Data Storage, Information System, Shortage

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Forecasting is to guide every aspect of an organization, from the strategic level all the way down to an organization"s day-to-day activities: example:
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