Operations Management: A Report on Business Environment and Structure

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Added on  2023/03/16

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This report provides a detailed analysis of operations management, exploring key aspects such as business structures, economic environments, and the impact of customer service on business performance. The report begins with an overview of operations management, its significance, and the different types of business structures. It delves into the local, national, and international economic environments and how they affect business operations. The report also examines the importance of customer service in building a strong brand image and achieving higher market positions. Furthermore, it outlines the benefits of effective customer services and provides a concluding summary of the key findings. The report also includes a list of references used in the analysis.
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How
Business Operate
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Table of content
Introduction
Kind of business on the basis of public as well as private
Several structures of business
Impact of local, national, international economic environment
on the company performance
Impact of buyer's services on organization success
Benefits of clients services
Conclusion
References
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Introduction
Management of firm has develop plain to operating business
activities in an effective manner. Operations activities includes
manage inventory of raw material as well as finish goods, control
over inflow or outflow, produce high quality commodities and
services etc. All these factor has help organization to gain
competitive benefit as compare to competitors at market place.
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Kind of business on the basis of public as
well as private
In the world several kind of
organization has work and each
one has different goals and
objectives related to operating
business activities. Mostly
private as well as public two
type of company has run their
business in UK.
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Several structures of business
TESCO has big organization which are operating their business
activities at international level. Some different type of firm
structures are explain as follows:
Sole proprietorship:
General partnership:
Limited partnership:
Corporations:
Non profits company
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Impact of local, national, international
economic environment
TESCO has world largest
organization which are
operating their business at
global level. So that, their
performance may affected by
different type of economical
environment.
Local:
National:
International:
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Impact of buyer's services on organization
success
Management of an organization
has develop effective
customer's services in order to
improve clients satisfaction.
Through this activities, firm has
build strong brand image at
market place which help to
achieve higher market position,
profitability, awareness about
product features, quality,
technology at market place.
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Benefits of clients services
There are various positive as well as negative benefits associated
with customer's services of the company. It is a management
responsibilities to manage all activities related to consumers
effectively which help to enhance buyers satisfaction in positive
ways.
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Conclusion
From the above report it is concluded that operations is a one of the
important activities which are help to run enterprises effectively. It
is a management responsibilities to manage all task with in
organization effectively to gain higher profitability, sustainability
in long period of time.
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References
Amit, R. and Zott, C., 2015. Crafting business architecture: The
antecedents of business model design. Strategic
Entrepreneurship Journal. 9(4). pp.331-350.
Bernstein, M. H., 2015. Regulating business by independent
commission. Princeton University Press.
Doppelt, B., 2017. Leading change toward sustainability: A
change-management guide for business, government and civil
society. Routledge.
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