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Resistance To Change

Consider the following scenario: Harold and Maude Smith have grown their small hotel business from one local hotel Harold inherited […]

What is the etiology of pyloric stenosis?

A three-month-old baby boy comes into your clinic with the main complaint that he frequently vomits after eating. He often has a swollen upper belly after feeding and acts fussy all the time. According to his parents, the vomiting has become more frequent this past week and he is beginning to lose weight. After careful […]

Operational Risk

1277Operational RiskImagine.a.company.that.sells.some.of.the.hottest.products.on.the.planet.with.just.a.few.products.representing.a.disproportionate.share.of.revenues..Imagine. further. that. this. company. has. relied. on. a. single. Chinese. supplier.and.location.to.build.these.products..And.imagine.even.further.that.this.Chinese.supplier.is.secretive,.ofen.showing.an.unwillingness.to.share.information.publicly,.particularly.about.labor.problems..If.this.scenario.sounds.operationally.risky.(and.strategically.risky.as.well),.you.just.fgured.out.why.Apple.has.made.a.decision.to.diversify.its.supplier.base.by.expanding.its.outsourcing.to.a.second.supplier.located.in.Taiwan.Tis.chapter.will.discuss.the.many.potential.operational.failures.through.the.prism.of.the.four.pillars.of.supply.chain.risk—supply.risk,.demand.risk,.process.risk,.and.environmental.risk..We.will.profle.operational.risks.that.happen.every.day.in.these.four.areas..We’ll.also.discuss.these.risks.in.the.context.of.two.basic.operation.horizons.and.present.a.program.that.traditionally.has.been.utilized.to.mitigate.and.manage.operational.risks.OpeRatiOnal RiSkSBy. far,. a. disproportionate. set. of. supply. […]