1 Write short notes on: Outsourcing strategies for capital productivity Implementation of operations Basic competitive priorities Market survey method of forecastingAns: Outsourcingstrategiesfor capitalproductivity:"CapitalProductivityiscapitaldeployed inplant,machinery,buildings,andthedistribution systems as well as working capital are the components of the cost ofmanufacturing. Outsourcing strategies then capacity requirements are determined,itiseasytofigureoutwhethersomegoodsorservicescanbeoutsourced.Outsourcing can reduce the capital and manpower requirements. Also the availablecapacities can be used to augment the core competencies thus reducing the cost ofthe product orservice to thecustomer.Further, outsourcing also helps inimproved product design and even enables better networking and collaborations. However lack of expertise, quality considerations, nature of demand, and cost factors mayrestrict outsourcing.Lack of expertise , the outsourced 'rm may not have the requisite expertise to do therequired job.Quality consideration -Loss of control over operations may result in lower quality.Nature of demand , -this afects the business, especially if no production facilitiesare built in the organization.Cost , It may notbe worthwhile when the fixed costs that go along with making theproduct does not get reduced considerably.Implementationofoperations: Implementation ofoperations Implementation isthe operations. Whenplanning and controlling functions implementation of operations.