Explain what is an industry, Operation Management

Assignment Help:

What is an industry?

(a) Industry is a group of diverse businesses under common owners.

(b) Industry is a group of firms whose products have same and similar attributes such that they compete for the same buyers.

(c) Industry is any business organization engaged in manufacturing activities.

(d) All business organizations excluding those in service sector are industry.


Related Discussions:- Explain what is an industry

Explain obstacles and the boat was operated properly, A water skier who bre...

A water skier who breaks his leg after a tumble while water skiing, where the lake was free of obstacles and the boat was operated properly, will probably fail to recover in an act

Explain managements and unions at odds against each other, State how produc...

State how production standards place managements and unions at odds against each other. Why do some unions prefer the right to strike in this matter while others prefer arbitration

Explain purpose of completing the applied project, Students will choose lea...

Students will choose leader/s for the purpose of completing the applied project, which will be completed in two separate components (Mid Term and Final)-see syllabus, each of which

Explain when a female supervisor demands sexual favours, When a female supe...

When a female supervisor demands sexual favours from a male employee so that he can keep his job or get a raise, it is called this- a. same sex harassment b. quid pro quo har

What happen to the degree of objective risk, If a corporation doubles the n...

If a corporation doubles the number of exposure units, what may be said to happen to the degree of objective risk? Explain your answer and state the basic principle illustrated.

Limitations of basic wage rate, What is the concept of comparative norm in ...

What is the concept of comparative norm in determining the basic wage rate? Why there are limitations to this approach? What has led companies to grant various forms of individual

Trade off between delivery and flexibility, Trade off Between Delivery and ...

Trade off Between Delivery and Flexibility Pagell et al (2000) argue that the trade-off concept is based on Skinner's quandary that a manufacturing plant could not be configur

Describe how the eoq technique helps, Explain how the EOQ technique helps e...

Explain how the EOQ technique helps explain the following: All things being equal, the production inventory quantity will be larger than the economic order quantity.

Outline the positives as well as negatives of each approach, In a group env...

In a group environment, should leaders be assigned at the beginning of a project or should leaders emerge as the group is working on the project? Outline the positives and negative

Iventory control and management, Nuvyug Industries Ltd. Has an annual requi...

Nuvyug Industries Ltd. Has an annual requirement of 5,000 pieces of brake cylinders for its popular brand of golf carts. Each brake cylinder has a carrying cost of ` 25 per unit pe

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd