Project: Analyzing Tesco's Operations, Efficiency, and Management

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Added on  2023/02/02

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AI Summary
This project provides an overview of Tesco's operations management, focusing on key operational functions and the roles and responsibilities of managers. It examines key operational approaches such as Six Sigma, Total Quality Management, and Just-in-Time delivery, evaluating their value. The project also assesses the impact of external business environment factors, including political, economic, social, technological, legal, and environmental factors, on decision-making. Furthermore, it explores how operational efficiency can be improved to meet business objectives and goals, emphasizing the importance of corporate governance and ethical standards. The project concludes with recommendations for future improvement, highlighting the significance of effective operation management in enhancing Tesco's performance and systematic growth. References are provided to support the analysis.
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Project part 2
MANAGEMENT AND
OPERATIONS
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Introduction
Management and operation consist several functions
that assist to meet with desired level of results and
outcomes.
In this regard, manager and leaders of the business
contribute their significant participation to gain
competitive results in the business.
In this context, present presentation based on Tesco
which is retail sector enterprise and deal in different
areas of the world.
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Introduction to the key operations of the
organisation
Operation management contain several
activities and tasks that assist to improve
production system in the chosen business.
In this regard, in Tesco manager utilise
several resources to maintain effective
functioning at workplace.
With the help of effective functioning,
desired level of efficiency can be
accomplished in the business environment.
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Key operational functions, identifying roles and
responsibilities of managers in the key
operational functions
In the operational management, manager
and leaders possess certain roles and
responsibilities to develop positive results.
Therefore, they can work in appropriate
manner to accomplish goals and objectives.
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Role and responsibilities of manager
Focus on daily operations
Staffing
Set goals
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CONTINUE.....
Liaising
Administration
Delegation
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Key operational approaches to operations
management and their value
There are following certain key operational approaches
in operation management of the chosen business to
gain more value and importance:
Six sigma
Total quality management
Just in time delivery and continuous
improvement process
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Evaluation of the impact of external business
environment factors that affect decision making
by leaders
In the Tesco, there are several external
factors exists that create major impact on
the operations and functions of the
business. In this regard, continuously
regulations maintained with values, ethics,
and sustainability. Hence, it consider
following elements that create major
impact on the work performances:
Political factors
Economic factors
Social factors
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CONTINUE....
Technological factors
Legal factors
Environmental factors
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How operational efficiency can be improved
successfully to meet with business objectives and
goals
In the operation management of Tesco, there are
leaders and managers play important role to increase
their efficiency and effectiveness.
In this regard, it is essential to make relationship with
corporate governance so that they can implement
ethical standard in the organisation.
In this regard, it is important to focus on the principles
that possess by corporate governance which build
positive interest of stakeholders.
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CONTINUE.....
In addition to this, leaders distributed roles and
responsibility of team members in positive
consideration and according to special qualification.
It helps to focus on the maintain creativity and
effectiveness at workplace.
Managers of Tesco focuses on regulate different rules
and policies that would be beneficial to attain more
growth at workplace.
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Conclusion and recommendations for
future improvement
In order to improve desired level of results, it can be
stated that operation management is most useful
consideration to increase positive results in the
business.
This is because, operation managements help to focus
on the development of production department and
work in desired manner.
It also enhances positive results and performances to
maintain systematic growth of Tesco.
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