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Business Operations of Marks and Spencer Assignment

   

Added on  2021-02-21

8 Pages2233 Words64 Views
BusinessOperations
Business Operations of Marks and Spencer Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3(a) Important of operations management for an organization. Identify various departments inan organization and analyse how their functions link to achieve the organizational goals........3(b) Demonstrate the collaboration of the departments in a flowchart representing theorganizational chart.....................................................................................................................5TASK 2............................................................................................................................................6(c) Follow three steps make a strategic plan for Marketing Department of an organization......6CONCLUSION ...............................................................................................................................7REFRENCES ..................................................................................................................................8
Business Operations of Marks and Spencer Assignment_2
INTRODUCTIONBusiness operation is define as activities which are conducted in an organisationfor running business and earning money. This can be vary on the basis of severalfactors such as industry, business type, size and many more. There are also severalelements of business operations like staffing, procedure, technology used and so on(Choi, Chan and Yue, 2016). Organisation taken for respective report is Marks andSpencer which is founded in 1884 by Michael Marks and Thomas Spencer. It is a retailstore which offer variety of products like clothing, food, drinks, home etc. Topicsincluded in respective importance of operations management, relationship betweendifferent departments and action plan for any product. TASK 1(a) Important of operations management for an organization. Identify variousdepartments in an organization and analyse how their functions link to achieve theorganizational goals.Operational management is define as administration business practices whichare concern with the designing and controlling of the production procedure. It is alsorelated to redesigning of business operations for the production of products andservices according to customers demand (Greene and et. al., 2013). In respect of Marksand Spencer they develop as well as maintain effective operational management andthrough it they gain various benefits, from which some major are mentioned below:- By adopting operational management respective company able to develop aswell as attain their objectives and goal in successful manner. This will also help in enhancing productivity of employees and by it staffs able todesign more attractive products that attract customers properly. It will also help Marks and Spencer in enhancing their goodwill at marketplaceimpressively. Operational management also enhance motivation level of employees whichdirectly or indirectly leads to fuller utilization of resource. These are some of the major advantage of operational management which aregain by Marks and Spencer while conducting their business functions and practices.
Business Operations of Marks and Spencer Assignment_3

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