1.What is operations management? 2.Why is operations management important for a business? 3.How does operations management effects...

Fantastic news! We've Found the answer you've been seeking!

Question:

1.What is operations management?

2.Why is operations management important for a business?

3.How does operations management effects the profitability of abusiness?

Related Book For answer-question

Financial Management for Decision Makers

ISBN: 978-0138011604

2nd Canadian edition

Authors: Peter Atrill, Paul Hurley

See More Books

Posted Date: Nov 28, 2022 01:00 PM

See More Questions

Is it really important for a business to try to meet the needs of different types of investors when formulating its dividend policy?
What is operations management and how is it used in both manufacturing and service organizations?
Why is it so important for a small business owner to develop a management succession plan? Why is it so difficult for most business owners to develop such a plan? What are the steps that are involved...
What type of motor would you specify for a meat grinder if the motor is to be exposed?
Descriptive commentary about corporate social performance is sometimes included in annual reports. Is this indicative of good performance, or is it just window dressing? How can the credibility of...
Discuss what is meant by optimal behavior in the wumpus world. Show that our definition of the PL-WUMPUS-AGENT is not optimal, and suggest ways to improve it.
Plaintiff sought to enforce against the defendant estate a promise made by his now-deceased uncle to pay Plaintiff a sum of money if Plaintiff refrained from the use of alcohol and tobacco for a...
Hillsborough Co. has an available-for-sale investment in the bonds of Schuyler Corp. with a carrying (and fair) value of $70,000. Hillsborough determined that due to poor economic prospects for...
How Safe Are You? Assume one of your favorite activities is mountain climbing. When you go mountain climbing, you have several safety devices to keep you from falling. You notice that attached to one...
Figure 4-34 shows an EER diagram for a restaurant, its tables, and the waiters and waiting staff managers who work at the restaurant. Your assignment is to: a. Develop a relational schema. b. Show...
What is the relationship between the cost of living and inflation? Your task is to write a structured essay in which you explain and analyse the above article in terms of course concepts and apply...
How do you prepare ballotine using poultry meat? Explain in about 130 - 150 words.
What type of occupancy would a church be classified as? Explain.
Discussion Question: Answer the following questions in the discussion:' 1) What is the differences bet ween occupational performance areas and performance skills in the OT practice framework? 2) What...
explain difference with example between realised and earned in accrual accounting.
How do you prepare galantine using poultry meat? Explain in about 140 - 160 words
Simon sold goods to Lawrence for $2200 including GST. Lawrence paid his account within the discount period and received a settlement discount of 2%. Assume GST of 10%. Using the gross method, the...
Define a traverse in Surveying?
The B.C. Port Authority is considering acquiring a new ferry at a cost of $122 million. Equal payments are to be made annually over 40 years and the implied interest rate is 5%. Required: (a)...
Prairie WindPower Ltd. is a venture that will operate for five years, at which time it will be wound up. $50 million in shares have been sold to the public, and $20 million in five-year bonds have...
Does the matching principle mean that expenses have to equal revenues? Explain.
The microfinance concept has been a blessing for many people in developing countries. Its success there causes some to wonder if it can spur growth in areas of developed nations that need...
An institution that many people know little about and some governments find worrisome is offshore financial centers. They operate with little oversight, few regulations, and often little taxation....
What is the appeal of the eurocurrency market?

1.What is operations management? 2.Why is operations management important for a business? 3.How does operations management effects...

Question:

Expert Answer:

Operations management is the field of business that focuses on the planning coordination and contr... View the full answer

Financial Management for Decision Makers

Students also viewed these accounting questions