KAIZEN SCHOOL OF BUSINESS MANAGEMENT MARKS: 80 COURSE: _______ SUBJECT: OPERATION MANAGEMENT N.B: 1} Attempt all the questions 2} All Questions Carries Equal Marks Name:___________________ Reference Number: ________________ Case – 1 OM IN SNACKS Let’s say that you decided to go for some snacks with your friends. Among many options‚ you can go to a roadside thela (cart)‚ a snack joint like are Udipi restaurant or some restaurant which serves many things including full meals‚ to name few
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OPERATIONS STRATEGY Instructor: Gad Allon Contact: g-‐‑allon@kellogg.northwestern.edu Class 1 Description Framework for operations strategy Tailoring operations strategy Investor/External view of operations: - Operations Forensics - Linking to Financials (ROIC tree) Asset strategy‚ operational hedging and risk mgmt. Sourcing strategy: Global networks and offshoring Strategic sourcing and supplier relations Reading
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Chapter 1: The 10 principles of economics Introduction: * The management of society’s resources is important because resources are scarce. * Scarcity refers to the limited nature of society’s resources. * Economics involves the study of how society manages its scarce resources * In most societies‚ resources are allocated through the combined decisions and actions of millions of households and firms. * Hence‚ economists must study: 1) How people make decisions 2) How
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Management Roles The primary role of management is to make it possible for teams to work. They also provide guidance and direction to work effort. The role of management in an organization is purely functional. It is not a role any more or less prestigious than any other role in the company. It is similar to the difference between marketing personnel and engineering personnel. The function of management is: Set up a plan (vision) for the company‚ group‚ or team being managed. Ensure that
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Fritz Perls once said “I am not in this world to live up to other people’s expectations‚ nor do I feel that the world must live up to mine.” In the short story The Search Engine‚ by Sherman Alexie‚ the Native American culture is trying to live up to the expectations of the white world. The main character Corliss‚ a Spokane Indian‚ is expected to do well in college so she can move back to the reservation to help her tribe. There is also a cultural difference between our world and that of the Spokane
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OPERATIONS MANAGEMENT So What Is Operations Management? So What Is Operations Management? So What Is Operations Management? • Managing and directing activities of all forms is crucial in organizations • Accomplished by designing efficient and productive processes‚ and by effectively allocating resources What Makes a Successful Operations Manager ? Success Factors · · · · · · · · Quantitative proficiency The ability to identify and control risk Strong organizational
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Running head: OPERATIONS SERVICE MANAGEMENT Operations Service Management Name: Institution OPERATIONS SERVICE MANAGEMENT Introduction Operations management is the process by which the managers in an organization ensure that all the services delivered by the organization are efficient using as little resources as possible. The essay uses the electronic business as the example in this case. Service people are the members of staff that help to attend to the clients or customers. In short
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Module: Operations management Title: -Operations management and Ethics! - Student: Katerina Zafirovska Lecture: Prof. D-r Aleksandra Shumar Contents: Introduction……………………………………………………………………..….3 1. Operations management…………………………………………..5 2. History of operations management……………………………….6 3. Ethics ……………………………………………………………15 4. Operations management
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Introduction to operations management Learning outcomes After reading this chapter you will be able to: ➜ Define what is meant by operations management ➜ Understand the nature of operations within an organization ➜ Explain what an operations manager does and the role he/she plays in an organization ➜ Discuss the similarities and differences between the manufacturing and service sectors of the economy ➜ Explain the similarities and differences between customer processing operations‚ materials processing
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THE NESTLE STORY Nestle S.A. the present Switzerland based international food group‚ originally consisted of two companies and two products: Henri Nestle and his baby food in Vevey‚ and the Anglo-Swiss Condensed Milk company and its condensed Milk Company and its condensed milk in Cham‚ both in Switzerland. In 1866 the Page Brothers form the United States set up a new industry in Cham‚ making condensed milk from a raw material that was available in abundance in the region. In 1867 Henri Nestle a
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