Operations Management-factors

Question 1

Define operations management

Answer 1

Management concerned with designing and controlling process of production and redesigning business operations in production

Question 2

What are the external factors on operations management?

Answer 2

SOCIAL-changing trends, cultural/religious changes, holidays
ETHICAL-production process, materials used, waste, labelling
ENVIRONMENTAL-sustainable resources, awareness of waste
LEGAL-legislations, complying with law
ECONOMIC-state of economy, unemployment level, cost of labour, level of growth, value of pound
POLITICAL-nature of gov, concern over ideas, EU policies
TECHNOLOGICAL-changes/advances

Question 3

What are some operations management objectives?

Answer 3

Production targets
Quality/rejection
Productivity

Question 4

What are some factors impacting operations objectives?

Answer 4

Size+legal status of business
State of economy 
Competition 
Gov
Legislation