trading operations Management Section A: 4 tag Each 1. establish the nature and scope of operations charge in legal injury of intersection decisions. Ans . Operations trouble is often apply along with toil prudence in literature on the subject. It is on that pointfore, effective to read the nature of operations management .Operations management is understood as the process whereby resources or inputs argon born-again into more useful products .A split second reading of the sentence reveals that, there is just any difference between the landmarks produ7ction management and operations management .But, there are a least(prenominal) two points of short letter between proceeds management and operations management .First, the term production management is more apply for a arranging where tangible goods are produced .Whereas ,operations management is more frequently expend where various inputs are transformed into tangible services .Viewed from this perspective, operations management will cover such services organization as banks ,airlines ,utilities ,pollution control agencies super bazaars, educational institutions ,libraries ,consultancy firm and police force departments, in addition ,of course ,to manufacturing enterprises. The second distinction relates to the organic evolution of the subject. Operation management is the term that is used now a days .
Production management precedes operations management in the historical growth of the subject The two distinctions non withstanding, the terms production management and operations manage ment are used interchargeably . ! backcloth of Production and Operation Management The scope of production and operations management is indeed vast .Commencing with the selection of arrangement production management covers such activities as acquisition of land, constructing build ,procuring and install machinery ,purchasing and storing raw material and converting them into saleable products. Added to the above are opposite related topics such...If you want to get a adequate essay, assign it on our website: OrderCustomPaper.com
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