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Management and Operations: Key Approaches, Importance, and Factors

   

Added on  2023-01-13

16 Pages952 Words64 Views
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MANAGEMENT AND
OPERATIONS
Management and Operations: Key Approaches, Importance, and Factors_1
TABLE OF CONTENT
• Introduction
• Key approaches of operation management
• Importance and value of operations management
• Factors of business environment
• References
Management and Operations: Key Approaches, Importance, and Factors_2
Management and operations refers to the controlling
and designing of products and services for to enhance
the efficiency of the company. It basically includes
the conversion of raw material and labour to the
goods and services that maximise the profit of the
business.
INTRODUCTION
Management and Operations: Key Approaches, Importance, and Factors_3
There are different theories of operations management that includes the planning,
controlling, directing, organising by which the performance of the Tesco increases and thus
with that there is an increment in the productivity as well (Operations Management of
Tesco, 2020).
KEY APPROACHES OF OPERATION
MANAGEMENT
Management and Operations: Key Approaches, Importance, and Factors_4

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