Operations management is applicable to all firms, whether manufacturing and service.
What is management?
- Management refers to the management of an organization, such as a corporation, non-profit organization, or government agency.
- This is the art and science of managing company resources.
- Management includes the activities of setting an organization's strategy and coordinating people's efforts to achieve goals using available resources such as financial, natural, technological and human resources.
- His two concepts of "running a business" and "changing a business" are managed to distinguish between the continuous provision of goods and services and the adaptation of goods and services to the changing needs of customers.
- There are two concepts used. See trends. The term "administrators" can also refer to people who lead an organization, i.e. management.
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