DECA Team Whitewater PI

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4 Terms

1
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Explain the nature of operations

  • What it means: Operations encompasses all the day-to-day activities and processes required to run a business efficiently and deliver goods or services to customers.

  • How to address it in the case study: Explain how the business in your case operates on a daily level. Mention key operational functions like inventory management, quality control, production, logistics, facilities management, or customer service delivery.


2
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Explain the nature of overhead and operating costs

  • What it means:

    • Operating Costs: The everyday expenses needed to keep the business running (e.g., raw materials, direct labor, utilities).

    • Overhead Costs: Fixed ongoing administrative expenses not directly tied to producing a specific product or service (e.g., rent, insurance, executive salaries, software subscriptions).

  • How to address it in the case study: Identify the main expenses relevant to the scenario. Discuss how your proposed solution impacts the company's bottom line—whether it reduces overhead, optimizes operating costs, or requires a capital investment that pays off over time.


3
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Discuss business process thinking and its impact

  • What it means: Business process thinking is the practice of viewing a business as a series of interconnected workflows (processes) designed to achieve specific goals, rather than as isolated departments.

  • How to address it in the case study: Show the judge that you understand how a change in one area (e.g., purchasing) impacts other areas (e.g., customer satisfaction or order fulfillment). Explain how optimizing workflows leads to greater efficiency, fewer errors, and better team collaboration.


4
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Explain the causes of business process change

  • What it means: Identifying the internal or external drivers that force or encourage a business to modify how it operates.

  • How to address it in the case study: Clearly state why the business in your prompt needs to change its current operations. Common causes include:

    • External: Technological advancements, shift in customer expectations, new market competition, or regulatory changes.

    • Internal: Bottlenecks, rising costs, poor quality control, scaling/growth challenges, or inefficiency.