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Q: Factors affecting operations management
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What are the key environmental factors affecting operations management?

global competition advanced technology scarcity operation resources social responsibility


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What are the factors effecting production and operations management?

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.


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What is the difference between internal and external factors?

In any Company there are Internal Factors affecting the company and External Factors affecting the company. Internal Factors are Management Descisions on what sort of business the company is in, quality of services or stock sold by the company. External Factors affecting the company include the Global Financial Crisis, government policies, and central bank interest rates.