Operation Management

trading trading operations Management Section A: 4 tag Each 1. establish the nature and scope of operations anxiety in legal injury of intersection decisions. Ans . Operations trouble is often apply along with occupation electric charge in literature on the subject. It is on that pointfore, expedient to attend 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 scarcely any difference between the edges produ7ction management and operations management .But, there are a least(prenominal) two points of trait between mathematical product management and operations management .First, the term production management is more apply for a organisation where tangible goods are produced .Whereas ,operations management is more frequently utilize where various inputs are transformed into tangible services .Viewed from this perspective, operations management will cover such services governance as banks ,airlines ,utilities ,pollution control agencies super bazaars, educational institutions ,libraries ,consultancy firm and jurisprudence departments, in addition ,of course ,to manufacturing enterprises. The second distinction relates to the growth 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 management are used interchargeably . mountain range 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 installment machinery ,purchasing and storing raw material and con! verting them into saleable products. Added to the above are separate related topics such...If you want to get a adequate essay, hostel it on our website: OrderCustomPaper.com

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