Post by account_disabled on Mar 15, 2024 23:39:05 GMT -5
Objectives, by Anggi | Oct , Understanding Operational Management, Objectives, Characteristics and Functions in Business source envato. Apart from financial management and marketing , the role of operational management is also very important in a company. Understandably, the operational system determines the company's profit and business continuity. This means that it is impossible for a business to develop without a good and controlled operational system. The proof is that the operational system in a business manages all the company's resources to produce maximum products. Table of Contents Hide Understanding Operational Management Operational Management Objectives Characteristics of Operational Management.
Functions in Business Conclusion Understanding Operational Management Understanding Operational Management operational management illustration. source envato Management experts J.Heizer and B.Render defines operational management as a form of comprehensive and optimal management of Bulk Lead aspects of labor, goods (machinery, equipment and raw materials), or other production factors that can be used as goods and services that are commonly traded. Meanwhile, according to Investopedia , operations management is the administration of business practices to create the highest possible level of efficiency in an organization.
It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize an organization's profits. The operations management team seeks to balance costs with revenues to achieve the highest possible net operating profit. Operational management can also be interpreted as managing (planning, organizing, directing, coordinating and controlling) all activities directly related to goods and services. Another definition is the application of management science to organize all production activities so that they run effectively and efficiently.
Functions in Business Conclusion Understanding Operational Management Understanding Operational Management operational management illustration. source envato Management experts J.Heizer and B.Render defines operational management as a form of comprehensive and optimal management of Bulk Lead aspects of labor, goods (machinery, equipment and raw materials), or other production factors that can be used as goods and services that are commonly traded. Meanwhile, according to Investopedia , operations management is the administration of business practices to create the highest possible level of efficiency in an organization.
It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize an organization's profits. The operations management team seeks to balance costs with revenues to achieve the highest possible net operating profit. Operational management can also be interpreted as managing (planning, organizing, directing, coordinating and controlling) all activities directly related to goods and services. Another definition is the application of management science to organize all production activities so that they run effectively and efficiently.