Question: QUESTIONS 1. What do you understand by operations management (OM)? How does it differ from management of other functional areas? 2. What does the process

QUESTIONS 1. What do you understand by operations

QUESTIONS 1. What do you understand by operations management (OM)? How does it differ from management of other functional areas? 2. What does the process of OM consist of? What is the role of the operations manager in this process? 3. What are the various inputs required for transformation into outputs? Give examples. 4. What are the various types of transformations? Give examples. 5. Describe the relationships among inputs, components of inputs, transformation processes, and outputs for the following systems. a. An airline b. A bakery c. A dry cleaner d. An accounting firm e. A clothing manufacturer 6. Describe the historical developments leading to the current OM processes. 7. Why has OM been gaining increased recognition in recent years? Give examples. 8. What has the field of OM contributed toward economic welfare of society? 9. What do you understand by operations strategy? Describe some strategies associated with opera- tions strategy 10. What are the grounds for competitive strategies that add value to the output of goods and services? Give examples

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