Describe the operations function and the nature of the operations managers job.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 25% (12 reviews)
The operations function consists of all activities that are related directl...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Management Leadership questions
-
Describe the nature of operations management in the following organizations. In doing this, first identify the outputs of the organization and then use the four decision types to identify important...
-
S & S Printing has 15 employees and 5 job classifications. Positions and wages for these employees are given in the table. (a) What is the mean salary per job classification? (b) What is the mean...
-
Function Space Dependence: Determine whether each subset S of C(R) in Problems 1-3 is or is not linearly independent? 1. S = {et, e-t} 2. S = {et, tet, t2et} 3. S = {sin t, sin 2t, sin 3t}
-
Observing and Correcting Employee Actions is the same as Discipling Employees Question 2 options: True False
-
What are the additional three enablers that are required for unattended operation of a mixed-model automated production cell?
-
The following are various audit procedures performed to satisfy specific transaction-related audit objectives as discussed in Chapter 6. The general transaction-related audit objectives from Chapter...
-
Consider the inspection described in Example 2.11. Six parts are selected randomly without replacement from a bin of 50 parts. The bin contains 3 defective parts and 47 nondefective parts. Let \(A\)...
-
Powers Rental Service had the following items that require adjustment at year-end. a. Earned $6,420 of revenue from the rental of equipment for which the customer had not yet paid. b. Interest of...
-
In week two, we explored the fundamentals of entering into a contractual relationship with another party. For this discussion board activity, explain why knowing the business needs of another party...
-
A 24 factorial design has been run in a pilot plant to investigate the effect of four factors on the molecular weight of a polymer. The data from this experiment are as follows (values are coded by...
-
Identify the three major functional areas of business organizations and briefly describe how they interrelate.
-
List five important differences between goods production and service operations; then list five important similarities.
-
1. A company provided income statements for the past five years. In looking at the percentage columns for each year, you notice that sales are 46 percent higher in year 5 than in year 1. The company...
-
Assume the net assets transferred from the investee qualify as a business, as that term is defined in FASB ASC Master Glossary. At what amount will the Licenses be reported in the financial...
-
How do metacommunity dynamics, encompassing processes of dispersal, colonization, and local extinction, influence species distributions and community structure across spatial scales, and what are the...
-
How do relationships change with age? Might Sternberg's triangular theory of love differ between an 18-year-old couple and a 50-year-old couple? Provide examples.
-
differences between life cycle costing and traditional management accounting technique
-
Bharat Shipping Ltd. of Bombay acquired a new ship, M.V. Jalabahi at a cost of ~ 25,00,000. The ship was ready for service on 1.1.2015. Upto 31.3.2015, the ship had made 2 complete voyages one to...
-
List the procedures that should be adopted in compiling financial statements.
-
Vectors are drawn from the center of a regular n-sided polygon in the plane to the vertices of the polygon. Show that the sum of the vectors is zero.
-
What are the functions of activator proteins and repressor proteins in transcription? Explain how these proteins work at the molecular level.
-
Prepare a table similar to that shown in Problem 7 b for cookies sold in a bakery. List what you believe are the three most important customer requirements (not including cost) and the three most...
-
A computer repair service has a design capacity of 80 repairs per day. Its effective capacity, however, is 64 repairs per day, and its actual output is 62 repairs per day. The manager would like to...
-
Identify four potential unethical actions or inactions related to capacity planning, and the ethical principle each violates.
-
Problem: Module 3 Textbook Problem 5 Learning Objective: 3-6 Using the straight-line method show how bonds issued at a discount. affect financial statements Diaz Company issued $91,000 face value of...
-
Manvir had to make payments of $1,125 every 6 months to settle a $22,000 loan that he received at 4.52% compounded semi-annually. a. How long did it take to settle the loan?
-
If I invest a single amount of $14,000 in an account earning 8% p.a. compounding quarterly for 5 years, how much interest will I have earned in those 5 years?
Study smarter with the SolutionInn App