Friday, March 15, 2019
Operations Management Essay -- essays research papers
trading operations ManagementOperations management focuses on managing the processes of producing and distributing products and function. Operations activities a great deal allow in product creation, development, production and distribution. It deals with all operations within the organization. related activities include managing purchases, inventory control, quality control, storage, logistics and evaluations. The nature of how operations management is carried come on in an organization work outs very much on the nature of products or services in the organization, for shell, retail, manufacturing, wholesale, etc. In operation management a bully deal of focus is on efficiency and effectiveness of processes. competency is when processes atomic number 18 being completed at the lowest cost possible. forte is having the reform processes that will create the most value for the company. In addition, operations processes depend solely on the decisions made by management. When m anagement makes decisions, the opinion of morals comes in to play. Managers who fail to provide leadership and in corporeal systems that help oneself good conduct share responsibility with those who knowingly benefit from corporate misdeeds. Executives who force out ethics run the risk of personal and corporate liability. wiz example would be Bank of America (BofA), the depose that I currently bank with. BofA has begun operations of combining ... Operations Management Essay -- essays research written documentOperations ManagementOperations management focuses on managing the processes of producing and distributing products and services. Operations activities often include product creation, development, production and distribution. It deals with all operations within the organization. Related activities include managing purchases, inventory control, quality control, storage, logistics and evaluations. The nature of how operations management is carried out in an organization depends very much on the nature of products or services in the organization, for example, retail, manufacturing, wholesale, etc. In operation management a great deal of focus is on efficiency and effectiveness of processes. Efficiency is when processes are being completed at the lowest cost possible. Effectiveness is having the right processes that will create the most value for the company. In addition, operations processes depend solely on the decisions made by management. When management makes decisions, the concept of ethics comes in to play. Managers who fail to provide leadership and incorporate systems that facilitate ethical conduct share responsibility with those who knowingly benefit from corporate misdeeds. Executives who ignore ethics run the risk of personal and corporate liability. One example would be Bank of America (BofA), the bank that I currently bank with. BofA has begun operations of combining ...
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