Management

Revised Unit 3 Assignment: Management

Operations management it the area concerned with the efficiency and effectiveness of the operation in support and development of the firm’s strategic goals. Other areas of concern to operation management include the design and operations of system to provide goods and services. Operations management is the planning, scheduling, and control of the activities that transform inputs (raw materials and labor) into outputs (Finished goods and services). A set of recognized and well-developed concepts, tools, and techniques belong within the framework considered operations management. While the term operations management entails up views of manufacturing environments, many of these concepts have been applied in service settings, with some of them actually developed specifically for service organizations.

One of the four management functions that make up the management process is described in the following sections:

1. PLANNING

2. ORGANIZING

3. INFLUENCING

4. CONTROLLING.

Operations management is a management   function. It involves managing people, equipment, technology information and other resources. Operations Manager is the central core function of every company. This is true whether the company is large or small, provides a physical good or a service, and is for profit or not for profit. Every company has an operations management function. Actually, all the other organizational functions are there primarily to support the operations function.

The term “Levels of Management’ refers to a line of demarcation between various managerial positions in an organization. The number of levels in management increases when the size of the business and work force increases and vice versa. The level of management determines a chain of command, the amount of authority & status enjoyed by any managerial position. The levels of management can be classified in three broad categories:

1. Top level / Administrative level: It...