The participation of women in the U.S. laborforce has risen dramatically since 1970.a. How do you think this rise affected GDP?b. Now imagine a measure of well-being thatincludes time spent working in the home andtaking leisure. How would the change in thismeasure of well-being compare to the changein GDP?c. Can you think of other aspects of well-beingthat are associated with the rise in womenslabor-force participation? Would it bepractical to construct a measure of well-beingthat includes these aspects?
Lecture 11 Corporate Strategy ● This begins with developing a customer driven operations strategy ● Provides an overall direction that serves as the framework for carrying out organizations functions ○ Finance ○ Marketing ○ Operations ○ Overall goals with it score competences ● Developed by the higher level committee ● Informs ○ Operations, marketing, and finance so that they concurrently design their strategies ● Determines the markets the firm will serves and the response the firm will make to changes in market conditions or the competitive environment ● Provides resources to develop the firm’s core competences and core processes ● Identifies the strategy the firm will empl
