4th : 23-12-2012 _ Learner Signature Assignment – I 1. Discuss the role of operations manager in an organization. Operations management: Operations Management is an area of management concerned with overseeing‚ designing‚ controlling the process of production and redesigning business operations in the production of goods and/or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed‚ and effective in terms
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A PROJECT REPORT ON SERVICES OPERATIONS MANAGEMENT special reference to BPO SECTOR by Gaurav Tyagi 10DM-189 Gaurav Singh 10IB-029 Neha Sinha 10DM-093 Neha Kaushik 10DM-092 Harsh Shah 10IB-030 Keshav Shenoy 10HR-019 2010-2012 Under the guidance of Prof. Kunal Ganguly INSTITUTE OF MANAGEMENT TECHNOLOGY INTRODUCTION Manufacturing‚ service and agriculture are the major economic activities in any country. In India‚ manufacturing and services together
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these “no hit” files requiring a search. Often these “no hit” files were eventually found stacked in the requester’s office. The primary “customers” of the file clerks were underwriters and claims attorneys. UNDERWRITING Company management and operations analysts were consistently told that the greatest problem in the company was the inability
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Managerial Decision Making - Final Exam I pledge my honor that I have not violated the Honor Code during this examination. ________________________________________________________________________________________ You are concerned that your organization does not take enough risk. Using the principles covered in class‚ come up with a strategy for inducing more risk-taking. The strategy should not be something like: “increase the incentives for risk taking.” Instead‚ it should be inspired by psychology
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banks‚ govt agencies) used for evaluating past performance‚ assess future prospects‚ bus. Relations. 10k report: letter to shareholders‚ description of bus./strategy‚ management’s discussion and analysis: covers liquidty‚ cap structure‚ results from operations. Financial statements‚ financial statement footnotes‚ highlights‚ 5-yr financial data‚ independent auditors report. Regulation: SEC (delegates rule making power to FASB) FASB: established GAAP (standards of financial acctg). IASB: established IFRS
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1. (Chapter 06): Describe a relational DBMS (RDBMS)‚ its underlying data model‚ data storage structures‚ and manner of establishing data relationships: a. A relational DBMS (or RDMBS) is a data management system that implements a relational data model‚ one where data are stored in a collection of tables and the data relationships are represented by common valves‚ not links. Pg.247 b. Data are stored in a collection of tables and the data relationships are represented by common
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need for the practice of operations management cannot be forgone. Operations management is very important in business operations since it forms the heart of the organisation by controlling the system of operation. Operations management deals with the design‚ operation‚ and improvement of the systems that create and deliver a firm’s primary products and services. Like marketing and finance‚ operations management is a functional field of business with clear management responsibilities. Guinness
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Operations Management and Ethics Operations management may be defined as the design‚ operation‚ and improvement of the production system that creates the firm ’s primary products and services‚ or‚ as Chase‚ Jacobs & Aquilano (2006) state "operations management is about getting the day-to-day work done quickly‚ efficiently‚ without errors‚ and at low cost". Operations management is critically important in any organization or business nowadays. Operations management is one of the three major functions
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Marketing Final Exam Study Notes Chapter 8: Developing New Products Product: anything that is of value to a consumer and can be offered through a marketing exchange -goods‚ services‚ place‚ ideas‚ organizations‚ people‚ or communities all create value Why do firms innovate? Innovation: the process by which ideas and transformed into new products 1. changing customer needs 2. market saturation 3. managing risk through diversity: a product doing bad can be offset by a product doing good
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myomlab.com. ❯ ● Operations management is the activity of managing the resources which are devoted to the creation and delivery of services and products. It is one of the core functions of any business‚ although it may not be called operations management in some industries. ● Operations management is concerned with managing processes. And all processes have internal customers and suppliers. But all management functions also have processes. Therefore‚ operations management has relevance for all
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