Question: preparing for my exams, I need to know some ideas of answering those questions, please help QUESTION THREE (20 MARKS 3.1 Operations Management is very
preparing for my exams, I need to know some ideas of answering those questions, please help

QUESTION THREE (20 MARKS 3.1 Operations Management is very important for business so that it can survive. Discuss the different operations strategies and objectives that assist a business to gain advantage over others that you know. Support your answer with examples. (10) 3.2 Organisations play an important role in developing their employees. Discuss some of the ways that companies to develop their own personnel. (10) Inriated By Academic Director Document No Authorised By Mr Ramfundall Revision No 01/2045 Head Office - Main Campus CONTROLLED COPY Ruvision Dais 0104/2015 Page 9 of 10 QUESTION FOUR (20 MARKS) The focus on HRM is now moved to the strategic utilisation of employees and the measurable impact of employee programs over business. Nowadays successful companies need to be adaptive, resilient, quick to change direction and customer-centred. Within such an environment the effectiveness of HRM is crucial to business success. 4.1 Discuss the tasks of the human resource manager. (10) 4.2 Distinguish between job description and job specification. (10) QUESTION FIVE (20 MARKS) 5.1 Describe three (3) common reasons why a business should have cash available. (6) 5.2 Ordinary shares, also known as common shares, have a lower priority for company assets and only receive dividends at the discretion of the corporation's management. They are generally entitled to one vote per share. Explain the advantages and disadvantages of ordinary shares. (14)
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