Explain the meaning of the terms: (i) Operations Management [2 Marks] (ii) Transformation System [2 Marks] (b)
Question:
Explain the meaning of the terms:
(i) Operations Management
[2 Marks]
(ii) Transformation System
[2 Marks]
(b) Explain the basic characteristics of Management
[6 Marks]
(c) Evaluate how Operations Management contributes to an organization's competitive position
[5 Marks]
(d) You are the local business analyst for a branch of a foreign company operating a subsidiary in Kenya showing the following results: (Clearly show all your workings)
Parent Country
Kenya
Sales (units)
20,000
Labour (hours)
20,000
15,000
Raw materials
$20,000
Sh.20,000
Capital equipment (hours)
60,000
5,000
(i)
Compare the results for the partial labour productivity measures for the parent and subsidiary companies
(ii)
Compute the multifactor productivity measure for labour and capital
[5 Marks]
[5 Marks]
(iii) Determine the raw materials productivity measure, and explain why the figures might
be greater in the subsidiary company (Assume $1 = Sh.100)
[5 Marks]
Small Business Management Launching & Growing Entrepreneurial Ventures
ISBN: 978-1133947752
17th edition
Authors: Justin Longenecker, William Petty, Leslie Palich, Frank Hoy