Operations management is responsible for producing goods and services within a business. It involves managing the systems and processes used to create goods and provide services. Goods refer to physical items like raw materials and final products, while services are activities that offer value through time, location, or psychological benefits. Marketing influences operations management by identifying consumer wants and needs, setting prices and quality levels, and conducting advertising and promotion activities.
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Advanced Operations Management
Operations management is responsible for producing goods and services within a business. It involves managing the systems and processes used to create goods and provide services. Goods refer to physical items like raw materials and final products, while services are activities that offer value through time, location, or psychological benefits. Marketing influences operations management by identifying consumer wants and needs, setting prices and quality levels, and conducting advertising and promotion activities.
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OPERATIONS
MANAGMENT What is Operation? - The part of a business organization that is responsible for producing goods or services.
How can we define Operation Management?
- The management of systems or processes that create good/ and or provide services. Goods Services - are physical items that - Are activities that provide some includes raw materials, parts, combination of time, location, or subassemblies and final psychological value. products. COMPETITIVENESS MARKETING’S INFLUENCE Identifying consumer wants and/or needs Pricing and quality Advertising and promotion