ECO 550 Assignment 2 Operations Decision This file of ECO 550 Assignment 2 Operations Decision consists of:
ECO 550 Assignment 2 Operations Decision
This file of ECO 550 Assignment 2 Operations Decision consists of:
1. Briefly describe the details of the fictitious business that you created for this assignment.
2. Assess the current environmental scan factor. Determine the factors that will have the greatest impact on plant operations and management’s decision to continue or discontinue operations.
3. Evaluate the financial performance of the company using the information provided in the scenario. Consider all the drivers of performance, such as company profit or loss for both the short term and long term. Be sure to show the calculations that helped you reach your conclusions.
4. Recommend how the company can improve its profitability. Then develop a brief plan to implement the recommendations.
5. Assess the circumstances in which the company should discontinue operations. Provide a rationale with your response.