Monday, June 10, 2019
Operations Management Essay Example | Topics and Well Written Essays - 500 words
Operations Management - Essay ExampleAll these are issues that would be beyond the controllable limits of the conjure company, thereby making the business operations vulnerable to the ever-changing international scenario.A good example here would be of the current banning of online manoeuvre in the US due to passing of new legislature by the Congress. This law inhibits the payments from banks and credit cards to be made to gambling sites and punters. Now sites ground in other countries would be gravely affected by this drastic change in their operations, while incidentally, they have no control over the circumstances. though there are strong rumors that international site owners paid millions of dollars to Washington lobbyists to get this stopped, yet the inevitable happened. Hence, this issue single handedly has changed the direction of the future of many another(prenominal) sites.The basic element of economics being at the forefront always, one would go by the notion of demand a nd supply. However, being novel product, even though a dire need for the product may not be there, yet the demand for it would have to be created. And the crucial word here is customer.