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business operation & system - Essay Example
Author : dannyhickle
Pages 12 (3012 words)
Running Head: Business Operations & Management Business Operations & Management Table of Contents Table of Contents 2 Introduction 3 Business of Choice 3 Essential Components for Effective Business Operations Management 5 Internal & External Interactions 7 Importance & Significance 8 Environmental Changes & Responses 9 Technological Changes & Responses 10 Management Challenges 11 Methodological Tools 12 Conclusion 14 References 15 Introduction Since few decades, there have been enormous developments in almost every sector of human society that has resulted in significant alterations in the field of business as well…
Contrary to few decades ago, nowadays, operations managers are enjoying a noteworthy status and importance in the companies; however, at the same time, they are confronting the pressure of ensuring efficiency and efficacy in different processes of the business. In particular, this report is an attempt to identify and examine different aspects of operations management while utilizing case study of an organization that will enable a comprehensive understanding of different strategies and techniques of operations management that will be beneficial for huge number of organizations globally. Business of Choice As mentioned earlier, the report includes a case study that will make it easier to understand the importance of operations management in an organization. For this reason, the researcher has selected ‘Tesco’ (Humby, Hunt & Phillips, pp. ...