ARBUS101 Chapter Notes - Chapter 10: Operations Management, Quality Management, Management Consulting
Document Summary
Canada is one of the largest producers of forest products on the globe. Support investment and innovation by providing targeted tax credits for specific activities that initiate new investment by manufacturing companies creating a manufacturing innovation centre of excellence. Strengthen the labour market by promotion careers advanced manufacturing to. Canadian youth and expanding the canadian jobs grant program. Increase value added manufacturing exports by developing policy and regulation to build free trade and expand key trade corridors with other countries. Research and development (work directed towards the innovation, introduction, and improvement of products and processes) are crucial factors to making a country become more competitive. Things canadian manufacturers have done to regain competitive edge. Maintain close relationships with suppliers and other companies to satisfy costumer needs. Adopt production techniques such as enterprise resource planning. Production- the creation of finished good and services using the factors of production: land, labour, capital, entrepreneurship and knowledge.