Answer to Question #198057 in Management for zainab

Question

Describe the fundamental concept of Operations management with the help of relevant examples 

Answer 1

Any business organization's operations are critical. As a result, operations management is concerned with controlling company personnel that are directly involved in goods manufacturing or service provision by the firm, thus achieving the firm's strategic objectives. Planning, controlling, and organizing are also part of operation management.

·        Planning: Activities that determine a course of action for an organization's potential decision-making.

·        Organizing: Activities that establish a specific system of responsibilities and authority within an organization in order to achieve organizational goals and objectives.

·        Controlling: Organizational practices that help a company's actual performance match its expected performance.