Which of the following statements about operations management is TRUE? O Operations management is not important for lawyers. O Operations is all about manufacturing plants. O Operations management is in all job descriptions. Every work requires operations.
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- Which of the following is not a role of operations management? - to add value in the transformation process - to ensure there are quality management processes - to investigate the most cost effect effective production methods - to hire the best (most suitable) production operatives.Describe the 4 Vs of Operations management with the help of examples..Please provide academic and professional references.Word Limit 100- 120 wordsESSAY What is Operations Management? What are major OM decisions? What are the key differences between goods and services? The operations plan will ensure the business is able to produce the product or to provide the services that the business had planned in the marketing plan.A. TRUEB. FALSE ANSWER:
- Which one of the following statements regarding operations management is TRUE? 1:- Inputs to a production system include capital and materials, but not human resources. 2:- Operations management deals only with manufacturing organizations because service organizations do not have tangble outputs. 3:- Typical inputs to a production system are processes and consumer goods. 4:- Customer participation and information on performance are two special types of inputs to a production systemWhich of the following is the least concern of the Operations Manager? a. Organizing b. Coordination c. Planning d. ControlWhich of the following would be important in most operations management strategies? A) Aligning with the organizational strategy. B) Pursuing a low-cost approach to production. C) Constantly improving quality D) A and C above. E) A and B above.
- Please help me with this question a. The extract mentions that operations are at the core of Goldman Sachs, support this statement by discussing the concept of operations management . b.According to the extract above, operations are carried out with a good flow. Examine the design of goods/services and human resources/job design in the context of Goldman Sachs. c. Illustrate a transformational model for Goldman Sachs illustrating the purchase of stock by a customer.When identifying inputs, discussing the transformation process, or identifying outputs you may take liberties in line with the context of the scenario provided. please note this is one question and not multiple .Note - need the correct option without explanation as fast as possible!! Which of the following activities is NOT direct responsibility of operations management? A) Developing an operations strategy for the operation. B)Determining the exact mix of products and services that customers will want. C)Designing the operation's products, services and processes. D)Planning and controlling the operation.Note - need correct option without explanation as fast as possible!! Which of the following functions is NOT a core Function of an organisation? A)The operations function B)The marketing (including sales) function C)The product/service development function D)The accounting and finance function
- a. Design Processi. Explain why the service design process is more difficult than the product design b. Process Strategyi. Explain the difference between assembling a car and assembling an electronic equipment according to process strategy? c. Operations Strategyi. Explain the understanding of the theory of Comparative Advantage which was initiated by David Ricardo ii. Briefly describe the application of this theory to operations management and give an example. d. Operations and Productivityi. Explain why management is an important determinant of productivity?ii. Explain why the knowledge society is very important in productivity in acompanyWhat do we mean by micro-operations? A)The other functions of the business. B)Small operations. C)The component transformation processes which together make up the macro-operation. D)The more detailed activities carried out within operations. Note- Only need the correct option without explanation as fast as you can!usiness Operations ManagementQ&A LibraryRumi is leading a diverse team of individuals. In her team, Aahan is a fresher with no previous work experience. Simone is a seasoned professional with 12 years of industry experience. These 2 are exceptionally promising while the rest team members are average. There are 2 important events taking place next week. A foreign delegation is coming to visit their office with whom a power lunch is lined up the next day at a continental restaurant. The same day there is conference and networking meet, where Rumi’s team has to represent their organization. Due to the overlap of both events, Rumi is perplexed which one to delegate which assignment. a. If Aahan has to entertain the foreign delegates at the power lunch, which learning theory would help him sail through successfully and why? b. If Simone would represent the organization at the networking event, then for her to be able to perform well, which three universal traits of Eysenck’s model…