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1. Discuses why it is important to study a course like operation management for MBA students.

2. Define product. Distinguee between goods and service.

3. Briefly discuses the 10 critical decision made by operation manager.

4. Following

5. A) Distinguish between goal and objective

B) Distinguish between Objective and Strategy.

6. Discuses why important to calculate productivity of an individual firm.

7. Briefly discuses the factor that effect the strategy formulation of a firm.

1. Discuses why it is important to study a course like operation management for MBA students.

Operations Management activities are at the core of all business organizations. By deals with understanding and integrating business processes within and between organizations it is important to study Operations Management for MBA students.

Regarding business it is important to know how goods and service are produced. (how produce)

It is needs to know to a student what operation manager do. (manager work)

Operation Management is a costly part of an organization. So, to clear understanding of OM is very much important in organization. (costly)

Related activities of OM in an organization are (related activities)

* managing purchases

* inventory control

* quality control

* storage

* logistics

* evaluations

So it is important to be understood above OM related activities.

OM is included of analysis internal processes in the organization. So, a great deal of analysis the process will be efficiency and effectiveness. (analysis)

50% or more of all jobs are in operation management related areas such as customer service, quality assurance, production planning and control, job design, inventory management and more. So, it is important to study OM for MBA student for getting a suitable job. (jobs)

1. Define product. Distinguee between goods and service.

Production of goods versus service operation

* Characteristic...