Question: Why an MBA student needs to gain knowledge in the area of operations management. Why is it important to know the role of operations management,

Why an MBA student needs to gain knowledge in the area of operations management. Why is it important to know the role of operations management, its functions, and its implications in a company's decision making?

Step by Step Solution

★★★★★

3.48 Rating (151 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

An MBA student needs to gain knowledge in the area of operations management for several reasons 1 Comprehensive Understanding of Business Operations O... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Hyten Corporation On June 5, 1998, a meeting was held at Hyten Corporation, between Bill Knapp, Director of Marketing/Sales, and John Rich, director of engineering. The purpose of the meeting was to...

This case was written by Professor Michele Greenwald, Visiting Professor of Marketing at HEC Paris, for use with Advertising and Promotion: An Integrated Marketing Communications Perspective 7th...

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Project management concepts a. What is a project and what are its main characteristics? b. How is a project different from an operation? c. Explain the concept of "deliverables." d. It mentions the...

Unit 2: Designing the Operations Designing the operations of an organization or your department - precedes operational management. For .ll _ . example, suppose a wallet manufacture's mission is to '...

DO NOT COPY AND PASTE FROM OTHER WEBSITE OR CHEGG POST. WILL GIVE THUMBS DOWN IF ANSWER IS NOT COMPLETE OR I AM NOT SATISFIED WITH ANSWER!!!!! MAKE AN OPINION AND REPLY FOR THIS PARAGRAPHS (120 WORDS...

PROGRAMME HANDBOOK: JANUARY 2016 INTAKE ASSIGNMENT 2: HUMAN RESOURCES DEVELOPMENT Read the case study below and answer the questions that follow. National HRD in Finland, Russia, and South Africa...

MGMT4308 DR. HUANG Knowledge Base for General Environmental Analysis1 The general environment is composed of factors that can have dramatic effects on firm strategy. We divide the general environment...

Copyright 2007 by Kelley School of Business, Indiana University. For reprints, call HBS Publishing at (800) 545-7685. For the exclusive use of A. Alnajrani, 2016. BH 257 Business Horizons (2007) 50,...

Between Wendys and McDonalds, which fast-food drive-through window is faster? To answer the question, a random sample of service times for each restaurant was measured. Can we infer from these data...

Use an algebraic approach to solve the problem. If 6 is subtracted from seven times a certain number, the result is the same as if 26 is added to three times the number. Find the number.

Which of the following techniques should be used in order to make an HR system globally acceptable? Question 5 options: Train managers to align company values with local attitudes and customs. Hire...

AirBorne is a small airline operating out of Boise, Idaho. Its three flights travel to Salt Lake City, Reno, and Portland. The owner of the airline wants to assess the full cost of operating each...

Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs for one batch are as follows: Direct materials.... $67,900 Direct labor...

Refer to Exercise 7.25 and allocate the joint costs using the sales-value-at-split-off method. In exercise Alomar Company manufactures four products from a joint production process: barlon, selene,...

At the end of 2016, Safer Co. has accounts receivable of $700,000 and an allowance for doubtful accounts of $25,000. On January 24, 2017, it is learned that the company's receivable from Madonna Inc....

Refer to the data in Exercise 7.22. The support departments are ranked in order of highest cost to lowest cost. In exercise Eilers Company has two producing departments and two support departments....

Can we put that she will be making weekly payroll deductions inthe amount of $52.75 to the housing equalling $211.00 monthly

Many experts claim that, although VHS came to dominate the video recorder market, Betamax was a superior technology. Assume that these experts are correct, so that, all other things equal, a world in...

Starting in the 1990s, the U.S. electric utility sector underwent a process of consolidation. Utility companies merged, acquired other utilities, and moved from their home bases in one state across...

Its hard to be a start-up. To get funding from major venture capitalists with deep pockets requires having a good story. NOTHAM Foodss story had two parts that the companys charismatic founder Daniel...

Draw each of the following vectors, label an angle that specifies the vectors direction, then find its magnitude and direction. a. b. c. d.

a. Write vector C in component form. b. Draw a coordinate system and on it show vectors c. What are the magnitude and direction of vector Let

Draw each of the following vectors. Then find its x- and y-components. a. = (3.5 m/s 2 , negative x-direction) b. = (440 m/s, 30 below the positive x-axis) c. = (12 m, 40 above the positive x-axis).