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Hi, need to submit a 750 words essay on the topic MBA Subject Operational Strategies and Change Managmen.As far as quality is concerned Wace Burgess has an excellent reputation in the market. Its sale
Hi, need to submit a 750 words essay on the topic MBA Subject Operational Strategies and Change Managmen.
As far as quality is concerned Wace Burgess has an excellent reputation in the market. Its sales figure is also impressive. As a reward for all these things, the company is likely to get a big order from the retail giant Marks & Spencer. Marks & Spencer is one of the leading retailers in the UK. Every weak 21 million people visit M & S store (Marks & Spencer, n.d.).
The order from Marks and Spencer is much different from those orders which usually Wace get. Average orders that Wace receive are of 6000 to 8000 sheets. Whereas this order from M & S is expected to be of 600,000 sheets which is much bigger than the average orders (8000 sheets) that Wace normally get. If Wace can successfully meet this huge order of M & S and impress the large retailer with its excellent quality, it would definitely get more orders like this. Wace Burgess should accept this order because this can change the future of the company.
Since the company wants to hold its first place in the market and achieve significant future growth, it should accept the order although it might impose a huge pressure on production facilities.
There are various short-term risks which are associated with the M & S order. This order is so huge that would create enormous pressure on the production team. As a result quality of the final product for this order might fall. Short term reward is that company use the fact that it has received such a huge order from a company like M & S. Wace Burgess can get some new medium level order by properly presenting the story of M & S order.
A medium-term risk would be employee satisfaction which might reduce due to sudden extra work pressure. Some workers might even think of leaving the job. As a result employee turnover might increase.
Wace Burgess has created an excellent reputation in the market. It is renowned for its quality. Now, if it fails to deliver the M & S order in time with the required amount it might affect its reputation which it has earned after hard works of so many years. This would be the long-term risk of accepting this huge order.
