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

Define the operations strategy, What is operations strategy?  Answer: Op...

What is operations strategy?  Answer: Operations strategy is the plan and actions taken at operational level to support and implement the business strategy. An operations strate

Describe system safety working group, You are preparing a Preliminary Hazar...

You are preparing a Preliminary Hazard List (PHA) for a new aircraft, as the System Safety Engineer. Describe 5 (five) credible hazards/mishaps you would include in this list for f

Testing the optimality, Step 1 : It is observed that cost of transportation...

Step 1 : It is observed that cost of transportation is to Rs. 144. Step 2: Testing the Optimality : After obtaining the initial basic feasible solution the next step is to test

What decision management business intelligence missing piece, Please read t...

Please read through the question, then answer each item of my question to get full points. Review the following short article by visiting the link below then answer the question

Job Design, compare and contrast job design with related or dependent proce...

compare and contrast job design with related or dependent processes

Explain the first step in the process is idle, A bottleneck is an operation...

A bottleneck is an operation that has the lowest effective capacity of any operation in the process. TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement i

Explain what purpose does the project charter serve, a. What purpose does t...

a. What purpose does the Project Charter serve? b. What are the main components or sections of the Project Charter? c. What purpose does the Project Definition Document serve

Explain operating a business in an ethical manner, Operating a business in ...

Operating a business in an ethical manner takes time, effort and commitment. What are the key elements to a company having successful organizational ethics? What can we do as manag

Explain activity immediate predecessor normal time, The Scott Corey account...

The Scott Corey accounting firm is installing a new computer system, and several things must be done to make sure the system works properly. The following table provides informatio

Explain operating cost & labour cost, A location analysis for Temponi Contr...

A location analysis for Temponi Controls, a small manufacturer of parts for high-technology cable systems, has been narrowed down to 4 locations. Temponi will need to train assembl

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