GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Optimising Operations
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Corporate Social Responsibility
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An Introduction to Operations Management
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An Introduction to Employees, Management and Operations
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Detailed explanation-1: -Operations management (OM) is the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization.
Detailed explanation-2: -BUSINESS ADMINISTRATION. OPERATIONS MANAGEMENT. Examines problems encountered in planning, operating, and controlling production of goods and services. Topics include: waiting-line management, quality assurance, production systems, project management, and inventory management.
Detailed explanation-3: -Course Description Topics include operations strategy, process design, capacity planning, facilities location and design, forecasting, production scheduling, inventory control, quality assurance, and project management. The topics are integrated using a systems model of the operations of an organization.
Detailed explanation-4: -Operations management is concerned with the transformation of ‘inputs’ into ‘outputs’ that meet the needs of the customer. The concept of operations management is equally applicable for both production as well as services industry.