Business mangament Essay Example | Topics and Well Written Essays - 500 words

Business mangament - Essay sheathThe underlying objective is to meet client demand with the desired tastes and preferences.Resource utilization is a detailed aspect to monitor in operations management. The operations management purvey herein can scan a number of forms, with the most commonly employed being strategic, tactical and/or operational. Activities that characterize all(prenominal) of the three depend on the operational decisions reached at an individual organization level. This is done by evaluating and sagacity the market, customer base and the industry trends. The aim is to strike a long lasting relationship amongst stakeholders, so that the operational aspects of the firm ar effective and efficient prior to the firms harvest-festival and/or service line.The digest of operations management is primarily rooted in fundamental players in the crinkle environment. These players highly influence the functionality and success of firms business aspects. Operations manage ment focuses on the customers, suppliers, shareholders, employees and the society (Kumar, 2006, p.153). Customers are the main driving factor in the market. This is because they create market demand, prompting supply of products and services. In the gaffe of shareholders, organizational welfare consequently influences shareholder wealth. The employee aspect of operations management accounts for working conditions at the workplace. done corporate social responsibility, operations management integrates the society into the firms operations. This is done to ensure that business activities by a firm do not affect the society negatively.Based on the interests and the focus of operations management, five specific objectives are pursed. These are quality, speed, dependability, flexibility and cost (Khanna, 2007, p.382). Quality addresses product and/or service specifications conformity. In other words, the quality of