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Operations management is the management of the productive resources of the firm which includes raw materials, human resources, land, equipment and facilities in the manufacture of goods or the delivery of services. It entails the design and control of operations processes centred around activities and people in order to provide maximum value. Its origins are in manufacturing organisations and the rational school of management with figures such as F.W.Taylor and Henry Ford as its early pioneers. Operations focuses on all activities which engage the resources of an organisation. Today, the environment for most managers is dominated by competition. The customer has choice and the effectiveness of the operations function is rising in importance as a contributor of value addition and competitive differentiation.
Define importance of Training and Education. Importance of Training and Education: Training and education bring employees to a standard whether they can carry out industrial
Owner Kay Fay is considering franchising her Oriental Express restaurant concept. She believes people will pay $5.50 for a large bowl of noodles. Variable costs are $2.75 a bowl. F
Calculate the start and finish times for each activity and determine the minimum number of weeks for completing the project. Find the critical set of activities for the project.
Human resource activities that do NOT relate to motivating workers include: Answer career development performance management training initiatives retention initiatives
If random variable X follows the Normal distribution. X~Normal(10,10). Which among the following statements are correct? Answer a. P(X b. P(X=10)=0 c. P(X>8)=1-P(X
An intentional relinquishment of a legal right is a (n): Answer Infringement Breach of contract Waiver Termination liability
Conduct an analysis of American Apparel. Assess American Apparel's vertical integration, global strategy, and diversification. Compare American Apparel's approach to Google's
Of all the advantages of franchising, which one would appeal to you as an entrepreneur? Which disadvantages would you dislike the most and why?
Task time estimates for the modification of an assembly line at Jim Goodale's Carbondale, Illinois, factory are as follows- a) 6.0 - b) 7.2 - c) 5.0 a d) 6.0 b,c e)
Your answers for your two questions should total at least 200 words 1. How can employers guard against pay inequities in the workforce? 2. Explain the meaning of disparate i
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