1
Q
what is operations management
A
the management process, activities, decisions relating to the way goods and services are produced and delivered
2
Q
(+) of operational management
A
-economies of acle
-increased productivity
-innovation/speed
-long term efficiency
3
Q
(-) of operational management
A
-unable to meet demand
-potential loss of market, stock and brand reputation
-increased varibale cost
business
flashcards
Decks in class (43)
# Cards
-
101 enterprise13
-
102 business plans5
-
103 markets42
-
104 market research16
-
105 business structure22
-
106 business location7
-
107 business finance30
-
108 business revenue & costs25
-
109 marketing5
-
110 the marketing mix3
-
111 product21
-
122 price8
-
113 promotion6
-
114 place9
-
115 decisions about the marketing mix9
-
116 new technology8
-
117 finance5
-
118 budgeting12
-
119 business finance25
-
120 cash flow12
-
121 the income statement7
-
122 ratio analysis11
-
123 HR department3
-
124 changes in working practices9
-
125 workforce planning4
-
126 recruitment27
-
127 training18
-
128 appraisal13
-
129 workforce preformance7
-
130 organisational design16
-
131 moivation1
-
132 management and leadership33
-
133 employer employee relationships13
-
134 operations3
-
135 added value10
-
136 production11
-
137 productivity9
-
138 technology7
-
139 lean production14
-
140 quality13
-
141 purachsing12
-
142 research and development7
-
143 economies of scale17
