We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Operations Mangement (Five Questions) - Coursework Example

Comments (0)
Summary
In modern hyper-competitive world, a company’s operations, finance, and marketing must be much at all levels from central operations to final execution. In functional departments like operation and finance, functions of marketing look alike. In general, these three entities…
Download full paper
GRAB THE BEST PAPER
Operations Mangement Coursework (Five Questions)
Read TextPreview

Extract of sample
Operations Mangement (Five Questions)

Download file to see previous pages... An organization uses operating performance to attract and retain customers and also serve them in a profitable manner (Hsu, Tan, Kannan &Keong Leong 2009, p. 835). Operations vary in different industries, but in general, they include things like on-time delivery, customer acquisition, running efficiently, and developing new products and services.
According to Barney (1991, p. 56), the internal organization of resources in a firm is the determinant of the firm’s performance and strategy. Barney further defines resources as capabilities, assets, attributes, knowledge and information, and all things that are under control of the firm to enable it implement strategies that aid in improving effectiveness and efficiency. Porter (1996), on the other hand, asserts that the most essential resources are the ones that are hard to imitate, superior in use, more valuable, and difficult to substitute. According to the two authors, a firm’s competitive advantage resides on inherent heterogeneity of strategic resources that are controlled by the firm (Barney 1991, Porter, 1996).
Therefore, failure to strategically integrate operations, finance, and marketing results in a weak and inconsistent company’s strategy, and its execution will be inefficient and flawed. In today’s world operation activities have become the dominant element in planning and management of production capacity (Stevens 2009, p. 5). Whether you are running a manufacturing firm or a service company, the organization deals with issues of what and the amount of production, and means of measuring performance. In many firms, operations are viewed as an identical partner with finance and marketing.
The operations staff of an organization concerns with the planning and management of production capacity, accompanied by production facilities and equipment. Operations gives an ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Coursework
As brought out in the case example, IT systems security is seen to be something that can bring about exposure of sensitive company information and also that of some of the employees. At the same time an employee who has been terminated from the firm may feel to a greater extent disgruntled and use the information at his or her disposal very much top the detriment of the firm that has fired him or her.
5 Pages(1250 words)Coursework
Coursework
This also increases utility in the economy as the amount of disposable income will rise. There are also some common secondary objectives of macroeconomic policies. One of these is sustainable growth. This means an increase in growth over a period of time and that which is not affected by the environment and other structural factors.
5 Pages(1250 words)Coursework
Module Questions Law Coursework
A criminalist is a person who is far off involved on a crime scene to gather evidences and propose ideas of what possibly could have happened. Whereas, a criminologist is a person who studies the possible reasons of an occurrence of a crime, possible reasons of why a criminal may commit a crime or the patterns that describe the root cause of prolonged crimes.
3 Pages(750 words)Coursework
English Coursework - Questions
List 6 reading and listening activities and the reason you did them. Example: Watching the news: information. (Point #7) How would questions on a novel differ from questions on a short factual text? Think about what information you want your students to know after they have read the piece.
9 Pages(2250 words)Coursework
IT Questions Coursework
They are would also have to target a completely different clientele in comparison to those that they had attracted while dealing with books only. Due to these considerations, they would have to lose credibility in terms of the quality of service they provided.
3 Pages(750 words)Coursework
Operations Management Coursework on Night Club Events
Researchers have indicated that days to come, America will remain constant as the most powerful country on earth for a long time. However, the United States military and economic strength would go down if attacked by
6 Pages(1500 words)Coursework
Coursework
t that the changes in the figures from the original ones have led to net losses and also a negative margin of safety, this has been caused by the reduction in the cost of goods sold and also the reduction in sales volume due to low quality products. Therefore some of the measure
3 Pages(750 words)Coursework
This coursework for entrepreneurship module. I need to answer one of the three following questions. I will write this questions in instructions area
In his book, Gerber (1995) stated that 40 percent of new businesses dissolve within the first year of starting while up to 80 percent fail within their first years. It is in this light that the trend of buying
8 Pages(2000 words)Coursework
Coursework
If he uses systematic sampling, determine the following: 6. A family has two children. Let x be a random variable which represents the number of girls the family can have. Construct a probability distribution which shows the possible number of girls the family can
2 Pages(500 words)Coursework
Coursework Management (Discussion Questions)
The author states that Mexican-American history spans more than 400 years and varies from region to region within the United States. Approximately ten percent of the current Mexican-American population are descended from the early colonial settlers; their families claim hundreds of years' residency in the country.
3 Pages(750 words)Coursework
Let us find you another Coursework on topic Operations Mangement Coursework (Five Questions) for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us