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Business operation & system - Essay Example

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Running Head: Business Operations & Management Business Operations & Management Table of Contents Table of Contents 2 Introduction 3 Business of Choice 3 Essential Components for Effective Business Operations Management 5 Internal & External Interactions 7 Importance & Significance 8 Environmental Changes & Responses 9 Technological Changes & Responses 10 Management Challenges 11 Methodological Tools 12 Conclusion 14 References 15 Introduction Since few decades, there have been enormous developments in almost every sector of human society that has resulted in significant alterations in the field of business as well…
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Business operation & system
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"Business operation & system"

Download file to see previous pages Contrary to few decades ago, nowadays, operations managers are enjoying a noteworthy status and importance in the companies; however, at the same time, they are confronting the pressure of ensuring efficiency and efficacy in different processes of the business. In particular, this report is an attempt to identify and examine different aspects of operations management while utilizing case study of an organization that will enable a comprehensive understanding of different strategies and techniques of operations management that will be beneficial for huge number of organizations globally. Business of Choice As mentioned earlier, the report includes a case study that will make it easier to understand the importance of operations management in an organization. For this reason, the researcher has selected ‘Tesco’ (Humby, Hunt & Phillips, pp. ...
Contrary to other organizations, Tesco has not only been able to tolerate the adverse impact of global recessions and economic booms but one can observe significant expansion and development in its outlets and centres that is one of the major reasons of its success in the British, as well as global market. For this reason, the Tesco has been the choice of this report that will include its different processes, infrastructure, and activities to carry out the process of scrutiny in the context of operations management. (System Diagram of Tesco’s Retail Store) From this introduction of Tesco, the company does not stand less than a legend in its field as it has been successful in surviving with success for so many years since its establishment in the year 1919. Due to such long success story, Tesco has remained in focus of critics and business experts (Humby, Hunt & Phillips, pp. 15-46, 2007) since a long time, and everyone is always looking for the magic formula of Tesco that has enabled the company to survive, as well as achieve success during recessions as well. Once again, contrary to usual organizations, Tesco has put no efforts in hiding its magic approach, and has been discussing it everywhere, calling it ‘Tesco’s way’ (Humby, Hunt & Phillips, pp. 41-77, 2007). While analyzing Tesco’s way, it is an observation that it is nothing but an efficient application and implementation of operations management’s strategies and methodologies that have facilitated the organization to achieve success in the field. In particular, integration of technology with trained staff, and amalgamation of infrastructure with efficient planning in different ...Download file to see next pagesRead More
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