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Business Operations and Management

   

Added on  2023-01-04

9 Pages2490 Words91 Views
Business DevelopmentLeadership ManagementData Science and Big Data
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Business operations and
management
Business Operations and Management_1

Contents
INTRODUCTION..........................................................................................................................................................3
MAIN BODY..................................................................................................................................................................3
Introduction to Business operation.............................................................................................................................3
Description of Bentley Motor Limited.......................................................................................................................5
Evaluation of Bentley operation management decisions............................................................................................6
CONCLUSION...............................................................................................................................................................7
REFERENCES...............................................................................................................................................................8
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INTRODUCTION
Business operations is defined as activities which a business engage on the daily basis
with a view to increase value and earn profits as well. Employees and the other members
associated with an organisation are responsible for effective implementation of operations which
help a company to attain objectives within stipulated time period (Barnes, 2018). Business
operations required to be managed for which various business practices are developed with an
objective to enhance efficiency. It is stated that operations management is associated with
transforming raw material into finished products as well as services that is offered in the market
in order to earn profits. For the present report, Bentley Motors is taken into consideration. The
company deals in manufacturing and designing of luxury cars and SUVs. The report will cover
concept and functions of business operations. In addition to this, there is evaluation of respective
company operations management associated with aspects such quality control, logistics, supply
chain, human resource, location strategies etc.
MAIN BODY
Introduction to Business operation
Business operations is referred as actions as well as activities that engage in continuous
basis or regularly for attained organisation objectives in an effective and efficient manner. It is
important for a business entity to ensure that all the daily activities and operation is executed
properly as it help in generating high profits and revenue which is beneficial for a business entity
to strengthen its market performance and gain higher growth as well. It is stated that all the
operation in which a company indulge on continuous basis required to be improved so that
efficiency and performance is maintained properly. For this, business entities perform various
functions, which are as follows:
Measure performance- The Process of performance measuring is take place from the
stage of goal setting. In easier terms, an organisation should generate some attainable
objectives associated with the clear targets(Butner and Ho, 2019). Once the objectives
are determined then measurement procedure should be analysed by the company.
Streamline all processes- The businesses and companies are required to be updated &
move towards the current scenario. The another method of doing so is to bring some
Business Operations and Management_3

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