Business Operations and Management

Business Operations and
Management

INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................2
Functions of business operations............................................................................................2
An evaluation of the company’s operations management decisions......................................4
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................9

INTRODUCTION
Definitions
Business operations are defined as the functions in an organization to keep it running and to
gain profit from those operations within the firm. In other words, it is defined as the activities
conducted by the staff of a business in order to generate revenue and sales and to cover expenses
in an organization (What are Business Operations?, 2020).
Explanation
Business operations are the core activities or functions without which the running of any
firm cannot be possible specially any profit organization because their aim is to make more and
more sales and revenue. These operations includes strategies, production, logistics, supply chain,
quality control, HR, leadership, processes, staffing, technologies and many more (Zurich and
Documentation, 2018).
Overview of Dacia Renault
It is one of the leading automobile manufacturer international firm. It is founded in 1966
and headquartered in Romania. In 1999, the government of Romania sold Dacia to the Renault
group which is a French car manufacturer after 33 years and now Renault group is known as the
parent organization of Dacia. It’s chief executive officer is Christophe Dridi. It’s production
output is approximately 3,49,528 and number of employees are approximately 14,294.
Report’s Outline
The following discussions are based on the various types of business operations including
functions and their explanations with examples in context of Dacia Renault UK.
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MAIN BODY
Functions of business operations
Operational strategy
It is defined as the strategies made by the upper level management to achieve the goals or
objectives of a firm either short term or long term. These strategies are used for the effective
management in an organization so that it leads to the smooth functioning of it. Most of the
strategies includes cross functional interactions, corporate strategies, strategies related to
customer driven, core competencies development and development of product or service of the
firm (Barnes, 2018).
Productions
It is defined as the technical relationship between the inputs of raw materials and outputs
of final product. Quantity and quality of output totally depends on the physical inputs. Every
business uses this concept of minimal use of input and maximum gaining of output with low cost
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