Please read the following:Textbook Reading: Ch. 1, Section 1.4 “Strategy and Competitiveness” Operations and Supply Chain Management for MBAs Seventh Edition, Jack R Meredith and Scott M Shafer.Also see the attached by Michael Hammer.Case: “Wyatt Earp – The Buffalo Hunter (F. Robert Jacobs, Irwin/McGraw-Hill, 1998)” This short case discusses Wyatt Earp’s innovations in operations to hunt and hide buffalos. Issues discussed in this case touch upon process choice, capacity, quality control, compensation, work structuring, and organizational structure. As you read the case, please take some time to formally answer the following questions, though they will not be turned in for a grade. This exercise is to help you better explore the topic of strategic operations.Thought Questions:Compare Wyatt’s buffalo hunting to the approach used by the old-timers?What are the key elements of business success from an operations perspective?Relate these ideas to Wyatt’s approach. Were the buffalo hunters irresponsible in killing off the great buffalo herds as they did?

In this assignment, we will bring together everything you have learned in this course. You will read and analyze a case, and you will serve as the “ethics expert” to Marianne Barner.First, read the following Case Study, “IKEA’s Global Sourcing Challenge: Indian Rugs and Child Labor.” (Provided through the Harvard Business Publishing website.Assignment Guidelines and Grading CriteriaMax of two pages, single-spaced (not smaller than 11-point font), plus not more than two pages of charts, tables, or figures.Citations can be listed on a separate page and NOT included in the page count.A title page is not necessary but be certain to give the file a unique name that identifies your team.Assignment Questions:For this assignment you are asked to do the following:Your team will serve as an ethics advisory board to Marianne Barner and address the following questions:What actions should Marianne Barner take regarding the contract with Rangan Exports, one of IKEA’s Indian rug suppliers?Also, what long-term strategy would you suggest she take regarding IKEA’s continued operation in India? Should the company stay, or should it exist, and why?Describe the impact of such a decision and how you would manage it.