Important Factors Affecting Operations Management today are- 1. Reality of global Competition. 2. Quality, Customer Service and cost challenges. 3. Rapid expansion of advanced technologies. 4. Continued growth of the service sector. 5. Scarcity of operations resources. 6. Social responsibility issues.
Management
management
Stimulate the company to adopt efficient substitute methods of production
Factors of production
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
Mera land...
To coordinate the activities of all the factors of production namely:labour,land,capital,technology,and equipments. To coordinate the activities of all the factors of production namely:labour,land,capital,technology,and equipments.
factor effecting profitability?
individuals who decide how the factors of production should be used. A+
The External Factors that effect the HR management or HR process/ policies are; 1.Globalization 2.Management Practices 3.Government legisaltions and 4.labnor unions all these topics are further discussed briefly....
Management
management
the roughness and the smoothness of an surface
Stimulate the company to adopt efficient substitute methods of production
blood pressure
Production in management involves planning, organizing, controlling, and overseeing the process of transforming inputs (such as raw materials, labor, and technology) into outputs (such as goods or services) efficiently and effectively. Managers must consider factors like resource allocation, workflow processes, quality control, and performance measurement to ensure production goals are met. Continuous evaluation and improvement are critical to optimizing production operations and achieving business objectives.
The level of activity in an organization depends on factors such as market demand, workforce productivity, resources availability, technological advancements, and strategic decisions made by the management. These factors influence the level of production, sales, innovation, and overall business operations within the organization.