Case Study Of Tourism

Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. Operations management is concerned with converting materials and labor into goods and services as possible to maximize the profit of an organization and also to meet customer requirements.

Operations management refers to all levels of an organisation and how best to efficiently convene, fund, maintain and maximise its services and/or operations, both internal and external. The core goal/objective of operations management it to maximise outputs while reducing and minimising the inputs required to achieve the desired results.

According to Investopedia ULC (2012), " Operations management is concerned with converting materials and labor into goods and services as efficiently as

Operational strategies are the core functions of an organization because these operations intensify to produce something innovative and worthy. Organizational operations are associated with the performance and work quality of an organization because these operations are practical demonstration of a project. Companies mostly use these operations to run their functions effectively in order to have a positive result.

The first day of my class during operations management, my professor, Professor. Lee first thought the class that “operations management is the set of activities that create value in the form of goods and services.” It is transformed by having inputs that produce outputs, which is also stated in the novel as for the basic essentials in operations management. Alex’s position is pretty much an operations

James, T. (2011) defines Operations Management as the management of the processes which aid production of goods and or services. This implies that all production activities must be coordinated well to ensure a lean process of resource management is adopted.

Operations Management in an organisation is repsonsible for managing and in making decisions concerning the activities that convert inputs into outputs , that is goods and services. This covers both short term actvities as well as longer term activities to meet strategic goals. Inputs can be the raw materaials need to manufacture goods such as furniture or the computers needed to create a service like online shopping site. Operation management’s role is to make decisions to improve how operation activities function, for example, to improve the final quality of the output or to change production methods to be more efficient in terms of cost and in time.

Operations management (OM) is that phase of an organization where inputs are put into operations to acquire required output (services) without compromising on quality. In other words operations management is also described as combining and transforming various resources in the operations sub-system into value added services in line with formulated policies of the organization. (Kumar and Suresh, 2009)

Operation is where goods are manufactured or assembled. Individual operations could include organizing the parts to make new cars & the final tune for a new car's engine. Hyundai motors are known for their reliability which comes from efficient operations. Currently, the company has increased its production capacity. Also, they have separate departments for activities like painting, welding etc.

The success of the economic agents depends on a multitude of forces, such as the managerial ability to combine and exploit the resources in an efficient manner, the ability to manage the labor force or the ability to develop positive relationships with the external stakeholder, such as the customers, the business partners, the public and so on. Still, while all these factors are crucial, they are merely adjacent to the core operational function which builds towards organizational success, namely the organizational operations.

Organizational functions within an organization are Sales and Marketing, production, human resources, finance, Research & development, and Purchasing etc. Each of them work together to achieve the organizational objectives. Interrelation of these function relay on the base on dependency and also the structure of organization. Relationship of these function different in each organizational structure. Interrelation of these function have some advantages and disadvantages.

Operation management system relates to the concept of how an organization is able to offer their goods and services with satisfying the customer and maintaining quality (Mullins & Gill, 2013). It is a fact that the operation system of any firm is major resources arrangement that is often linked with the production and delivery of its product and services.

Operations management function is focused mainly of production of goods and services and for this it needs support from other departments such as finance and marketing. The scope of operations management can vary from organization to organization. Operations function consist of interrelated activities that are directly focused on production and delivery of goods and services. Thus it can be present in manufacturing as well as service industry such as healthcare and

Operations management focuses on managing the processes of producing and distributing products and services. Operations activities often include product creation, development, production and distribution. It deals with all operations within the organization. Related activities include managing purchases, inventory control, quality control, storage, logistics and evaluations. The nature of how operations management is carried out in an organization depends very much on the nature of products or services in the organization, for example, retail, manufacturing, wholesale, etc.

In a world, where humans do their best to survive, a never ending need for goods and services is always in people`s mind. In order to meet with these requirements, raw materials and processes should be organised and managed. In other words, `operations` is needed so that resources can be worked on to obtain products. Operations strategy has become a basic thing for organizations. In order to survive in the business world,