Eco 550

Operations Decision

Name

Date

Instructor

Introduction

In an organization, when the operations are started up then, it becomes necessary for it to ensure that, better quality results are available to them. Here, in the present situation, there is a case that, the organization shall incur certain kinds of costs and it shall also earn some revenue by way of sales of its products. There are certain environmental factors required to be considered by an organization. All the above mentioned things shall be taken into consideration in the present situation.

Fictitious Business Selected

The organization selected for the current situation is engaged in the business of manufacturing of jars, mugs and other kinds of containers. The containers made by the organization are manufactured by making use of plastic (Bragg, 2012). The organization makes use of raw plastic and gives it proper shape in order to produce the products which are useful for the people. The containers and jars prepared by the organization are useful for household use as well as for use in hotels and restaurants.

Environmental Scan Factors

There are various environmental factors which should be considered by the organization regarding the current situation. The environmental factors include political factors, social factors, technological factors and economic factors. All these factors are important in some or the other manner for the organization. In the present situation, the most important factors for the organization include social factors and governmental factors. Regarding the social factors, it is said that, organization needs to produce the products which meet the requirements of people living in society.

The products should be of the quality as desired by the customers. Different customers have different tastes and preferences. Therefore, it becomes incumbent on the organization to manufacture products as per the requirements of customers. Customer satisfaction...