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 what are the three elements that require integration, What are the ...

What are the three elements that require integration to be successful in operations and supply chain management?

Explain the employers responsibility, Describe the employers responsibility...

Describe the employers responsibility, giving at least three examples. Be sure to use a credible academic/professional source and include the link in your summary.

Explain upward communication, Explain Upward Communication. Upward Com...

Explain Upward Communication. Upward Communication: It moves in the form of feedback from subordinate to the superior.  It takes the forms of: - Reports through Subordinat

Explain productivity change for labour and investment, Charles Lackey opera...

Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 25% in the last year. On far too many occas

Benefits of e-business, Benefits of E-Business There are many benefits...

Benefits of E-Business There are many benefits claimed for e-business, including: 1.      Increased capacity 7 days, 24 hours  2.      Reduced transaction costs/ cost of

Describe three challenges that firms face, Identify and explain three chall...

Identify and explain three challenges that firms face in the future regarding quality

Greater flexibility of core staff in an organisation, How is greater flexib...

How is greater flexibility of core staff achieved in an organisation? Greater flexibility of core staff into an organisation is accomplished by the follow: a. Shorter term a

Explain what order size would you recommend, A manager just received a new ...

A manager just received a new price list from a supplier. It will now cost $1.00 a box for order quantities of 801 or more boxes, $1.10 a box for 200 to 800 boxes, and $1.20 a box

Describe delaying completion of the project, Using the data in Table 13-1, ...

Using the data in Table 13-1, what is the latest possible time that C may be started without delaying completion of the project? Table 13-1 The following represents a project with

Explain demand for product is not a constraint, Which of the following is t...

Which of the following is true? Once you complete the five steps, the process is complete Another constraint will always appear when the original constraint is broken Dema

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