The Main Influences On Operation Management

1112 WordsDec 4, 20145 Pages
Operations management is an area of management concerned with overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods or services. The main influences on operation management include;  Globalisation  Technology  Quality expectation  Cost-based competition  Government policies  Legal regulation  Environmental sustainability  Cooperate social responsibility (CSR) Globalisation Globalisation is the change in a business from a company associated with a single country to one that operates in multiple countries. Globalisation effects the business in a negative and positive way as it provides the business with new customers, gives business the provision of cheaper inputs and cost effective production processes. Technology Technology is the application of knowledge that enables people to create new products or perform establish tasks in a new and improve way. Technology gives business access to new production processes and product lines. Technology can change the business as the rapid development of technology allows new systems to be incorporated into its business. Quality expectation Quality is the features and characteristics of products (goods) and services that bears its ability to satisfy stated or implied needs. Quality expectation can go a long way within a business as the consumers influences on a business it what drives the business, certain quality standard is to be uphold. Cost-based

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