Supply Chain Management for production industry

GRIN Verlag
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Essay from the year 2006 in the subject Business economics - Supply, Production, Logistics, grade: 5,0 (excellent), University of Pécs (Faculty of Business and Economics), 14 entries in the bibliography, language: English, abstract: Each business or organization is involved in a supply chain - it is hard to imagine any process in production or service providing that is not affected by a supply chain. Supply chains must be managed to coordinate the inputs with the outputs in a company to achieve the appropriate competitive priorities of the firm’s enterprise process. To reach this strategic goal, SCM controls and optimises the key processes that are involved in the value-adding process. Parts of the process are all activities, that are involved in material or information flow. In this context, the management has to decide about several circumstances, where current practice should be critical proved: kind, place and capacity of buffer storage species, number and capacity of means of transport production logistics’ general principles identification and enhancement of interfaces between involved companies determination of production- and transportation lot size in the face of logistics way of organisation of logistic-oriented positions in the firm9
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Publisher
GRIN Verlag
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Published on
Jan 7, 2007
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Pages
14
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ISBN
9783638589253
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Language
English
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Genres
Business & Economics / General
Business & Economics / Production & Operations Management
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Content Protection
This content is DRM protected.
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Available on Android devices
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Eligible for Family Library

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Essay from the year 2006 in the subject Business economics - Economic Policy, grade: 4,0 (gut), University of Pécs (Faculty of Business and Economics), course: Entrepreneurship Studies, 24 entries in the bibliography, language: English, abstract: It seems helpful to me, first to clarify the two most important terms of the title of this essay. The first term is “regional policy” that includes two parts that should be explained: region and special policy for regions. Regions Regions are marked through a number of special criteria: o “singleness (unique position) o otherness (differentiation criteria) o commonness (culture, traditions, landscape) o collective identity (shared history, doom) o regional awareness (feeling of belonging together, identification) o government’s organisation (administration, policy) o elected representation (self-determination, -administration) o homogeneity (socio-economical, cultural, ethnical) o functional togetherness (networks) o power-connection (domination, dependency, interconnections) o inter-organisational networks (socio-economical milieu) o openness (cross-linking, knowledge-transfer) o global competitiveness (competition, networks)” The policy that especially affects the concerns of regions is called “regional policy”. Regional policy aims to support the planned development of regions in the way of coordinated measure setting. As regional policy is embedded in the nationwide policy, it aims from the viewpoint of the national government to • maximise economic growth and • minimise social costs As development of regions always includes entrepreneurship to create regional value, I would like to collect state of the art knowledge about how regional policy can support entrepreneurship. Here the question appears, what could been understand under regional policy. Regional policy Regional policy is the sum of law, strategies and measures for setting and influencing a framework and processes in particular areas of a nation through the government. With special regional policy government seeks to reduce spatial disparities in economic. The last term I would like to introduce for my essay is Entrepreneurship. In this context, entrepreneurship is not each business activity in a wider understanding of the term but I mean the field of founding new enterprises based on an idea for providing products or services that are not available in or near the region yet.
Essay from the year 2007 in the subject Business economics - Economic Policy, grade: 5,0 (sehr gut), University of Pécs (Faculty of Business and Economics), course: Public Policy II, 24 entries in the bibliography, language: English, abstract: As first approach to the topic it seems helpful to me to define which factors make a region. In general the literature mentions three ways how regions could be differentiated: • Definition through enumeration, i.e. with examples • Definition in the negative through enumeration of “non-regions” • Definition on basis if constructive criteria Most common in literature is the last approach, meanwhile the European Union in particular also follows the first possibility for defining the regions within the E.U. As a workable definition of a region the following definition on basis of constructive criteria is suggested: Regions A region is a geographical part of a whole economy that could be identified by means of political and administrative institutions. As constructive criteria a region is defined through free trade between certain regions, mobility of production factors, consistent currency, fiscal and macro-economic policy and shared (superior) institutions. The wider a nations’ area is and the more regions a nation contains, the bigger the chance that the regions have different levels of economic development and economic power. The overall development of an economy is the sum of the development of the individual regions, more exactly the sum of individual economies. From this follows that the economic power of the certain regions must be bettered should the macroeconomic development be improved. This cognition lead to the development of a special field of public policy: regional (economic) policies. Regional policy should achieve two major goals: • maximise economic growth and • minimise social costs As I would show in the next chapter, regional (economic) policy includes a number of instruments. From this the definition of regional policy is as follows: Regional policy Regional policy is the sum of law, strategies and measures for setting and influencing a framework and processes in particular areas of a nation through the government. With special regional policy government seeks to reduce spatial disparities in economic.
Essay from the year 2007 in the subject Business economics - Economic Policy, grade: 4,0 (gut), University of Pécs (Faculty of Business and Economics), course: Corporate Finance, 26 entries in the bibliography, language: English, abstract: Two fields of policy have a strong impact on a national economy and its development. The first of the two policies that are designed to supplement each other, falls into governments responsibility, more exactly it is formulated by the minister of finance. This one is fiscal policy. The second one, monetary policy, is designed by the national bank. For making clear the difference between both I would like to explain both policies as an introduction to the topic of this paper. “The government’s choice of tax and spending programs, which influences the amount and maturity of government debt as well as the level, composition, and distribution of national output and income. Many summary indicators of fiscal policy exist. Some, such as the budget surplus or deficit, are narrowly budgetary. Others attempt to reflect aspects of how fiscal policy affects the economy. For example, a decrease in the standarized-budget surplus (or increase in the standarized-budget deficit) measures the short-term stimulus of demand that results from higher spending or lower taxes. The fiscal gap measures whether current fiscal policy implies a budget that is close enough to balance to be sustainable over the long term. The fiscal gap represents the amount by which taxes would have to be raised, or spending cut, to keep the ratio of debt to GDP from rising forever. Other important measures of fiscal policy include the ratios of total taxes and total spending to GDP.” In the way of deciding about the amount of expenditures and premises for spending, fiscal policy is an important tool for government for setting macroeconomic conditions.
Concept of the Corporation was the first study ever of the constitution, structure, and internal dynamics of a major business enterprise. Basing his work on a two-year analysis of the company done during the closing years of World War II, Drucker looks at the General Motors managerial organization from within. He tries to understand what makes the company work so effectively, what its core principles are, and how they contribute to its successes. The themes this volume addresses go far beyond the business corporation, into a consideration of the dynamics of the so-called corporate state itself.

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