Question: 1.) Describe what the transformation process is for the type of business you have selected (goods or services). Highlight the inputs, outputs, and value created
1.) Describe what the transformation process is for the type of business you have selected (goods or services). Highlight the inputs, outputs, and value created during the transformation process.
2.) Identify and describe a company similar the type of business you have selected that you have a working knowledge of. Review the companys operations management functions and identify strengths and areas for improvement in the process.
3.) Describe strategic and tactical decisions and provide a real-world example of how each type of decision would be applied in a business context.
4.) Which factors affect the decision-making process for a goods-based organization? Which factors affect the decision-making process for a service-based organization?
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