Adopting Strategy and Operations Management Essay - 30

Adopting Strategy and Operations Management - Essay ExampleThe author of the paper states that for the companys operational perspective, they would be losing millions from the sales due to this market stagnation, but they must also augment it and continue and salvage what profit that could be had. Their target customers should be well inform of which stores are still operational so that somehow profits could still be derived while even offering discounts to entice the market. Business is al counsels a gamble it is something indefinite, uncertain, and ever-changing. It is important to be readily flexible in shifting and adapting operations should a profitable venture present itself. In an article by Sam Grobart for Bloomberg, he cites that mobile ads are garnering much profit for the companies that engage in it. In this age of social media and smartphones, the bridge of communication to the consumers can be easily bridged, which is why many companies should be shifting their attentio n into this. Google, which garners the most profit out of this, has also adopted its operations in a way wherein Android devices could also benefit. With the introduction of mobile-payment schemes, they have enabled their advertisers to have more of a monopolized attention to the consumers through their smartphones