What Is Operations Management In The Smaller Organization?

1 Answer

Answer :

Operations management is just as important in small organizations as it is in large ones. Irrespective of their size, all companies need to produce and deliver their products and services efficiently and effectively. However, in practice, managing operations in a small or medium-size organization has its own set of problems. Large companies may have the resources to dedicate individuals to specialized tasks but smaller companies often cannot, so people may have to do different jobs as the need arises. Such an informal structure can allow the company to respond quickly as opportunities or problems present themselves. But decision making can also become confused as individuals’ roles overlap. Small companies may have exactly the same operations management issues as large ones but they can be more difficult to separate from the mass of other issues in the organization.

Related questions

Description : What Is The Model Of Operations Management?

Last Answer : The first is the input-transformation-output model and the second is the categorization of operations management's activity areas. The model now shows two interconnected loops of activities. The bottom one ... seen as operations management, and the top one to what is seen as operations strategy.

Description : What Are The Activities Of Operations Management?

Last Answer : Operations managers have some responsibility for all the activities in the organization which contribute to the effective production of products and services. And while the exact nature of the ... operations managers, because their activities can have a direct and significant effect on society.

Description : Operations Management Is Relevant To All Parts Of The Business?

Last Answer : It is not just the operations function that manages processes; all functions manage processes. For example, the marketing function will have processes that produce demand forecasts, processes that ... activity, meaning the management of the processes within any of the organization's functions.

Description : What Is Operations Management In Not-for-profit Organizations?

Last Answer : Terms such as competitive advantage, markets and business, which are used in this book, are usually associated with companies in the for-profit sector. Yet operations management is also relevant to organizations ... non-profit, even if the context is different and some terms may have to be adapted.

Description : Identify Three Current Trends In Operations Management And Describe Them. How Do You Think They Will Change The Future Of Om?

Last Answer : The lean systems concept is a current trend in operations management. This involves taking a total system approach to creating an efficient operation. This includes concepts such as just- in- ... be more information intensive and require greater cooperation among all the players in the value chain.

Description : What Are The Three Historical Milestones In Operations Management? How Have They Influenced Management?

Last Answer : Three historical milestones are the industrial revolution, total quality management (TQM) and global competition. The industrial revolution changed production processes from a labor focus to a machine focus. TQM ... their focus on quality, realizing that to not improve was to lose the race.

Description : Define The Term Operations Management?

Last Answer : Operations management manages the resources needed to produce the company’s products and services. It involves managing people, machines and information.

Description : What Are Implications Of The Four Vs Of Operations Processes?

Last Answer : All four dimensions have implications for the cost of creating the products or services. Put simply, high volume, low variety, low variation and low customer contact all help to keep processing ... it is serving. However, most operations have some discretion in moving themselves on the dimensions.

Description : Explain The Decisions Operations Managers Make?

Last Answer : Operations managers must plan the production schedule. This entails deciding how much to produce and in what order. This information would be used to make purchasing and staffing decisions. Operations ... may include inspection of materials, and the use of quality tools such as control charts.

Description : Define The Terms Total Quality Management, Just-in-time, And Reengineering. What Do These Terms Have In Common?

Last Answer : Total quality management (TQM) is a philosophy that focuses on meeting the needs of the customer. TQM is not inspection, but actually the prevention of defects. It involves everyone ... allow more responsive and more efficient production leading to higher quality and higher customer satisfaction.

Description : What Is The Visibility Dimension?

Last Answer : Visibility is a slightly more difficult dimension of operations to envisage. It refers to how much of the operation's activities its customers experience, or how much the operation is exposed ... can be relatively high staff utilization. The web-based organization can also centralize its operation.

Description : What Is Mixed High- And Low-visibility Processes?

Last Answer : Some operations have both high- and low-visibility processes within the same operation. In an airport, for example: some activities are totally visible' to its customers such as information desks answering ... staff perform the vital but low-contact tasks, in the back-office part of the operation.

Description : What Is The Processes Hierarchy?

Last Answer : So far we have discussed operations management, and the input-transformation-output model, at the level of the operation'. For example, we have described the whistle factory', the sandwich ... same degree of care as external customers, the effectiveness of the whole operation can be improved.

Description : What Is The Input–transformation–output Process?

Last Answer : All operations produce products and services by changing inputs into outputs using an inputtransformation-output' process. Put simply, operations are processes that take in a set of ... service operation producing services' that change the physiological or psychological condition of patients.

Description : Identify The Two Major Differences Between Service And Manufacturing Organizations. Find An Example Of A Service And Manufacturing Company And Compare Them?

Last Answer : Manufacturing organizations produce a physical product that can be stored in inventory. Service organizations cannot create an inventory of the service since it is intangible. For example, Ford Motors ... . Customers go directly to the restaurant where they are served quickly by the staff.

Description : What Are The Three Major Business Functions, And How Are They Related To One Another? Give Specific Examples?

Last Answer : The three major business functions are finance, marketing and operations. Operations entail the production of a product or service and must manage the inputs to production such as workers' time, ... generates sales of the product or service, such as finding customers for the proposed airplanes.

Description : Describe The Transformation Process Of A Business. Give Three Examples. What Constitutes The Transformation Process At An Advertising Agency, A Bank, And A Tv Station?

Last Answer : The transformation process involves taking the various inputs and transforming them into outputs. An advertising agency would transform the time of its staff into an advertising campaign. A bank may use the ... of its production crew, the video equipment, and the studio to produce a news story.

Description : Operations include…. A. Organization-wide decisions B. Creating a new direction C. Tactically specific D. Long Term

Last Answer : Tactically specific

Description : The Mission of the Organization only identifies the scope of the Company’s Operations in terms of Products offered and Markets served

Last Answer : False

Description : Operations include…. A. Organization-wide decisions B. Creating a new direction C. Tactically specific D. Long Term

Last Answer : Tactically specific

Description : Strategic planning: (a) Addresses the organization's basic mission or business, issuing broad statements of purpose or direction that have a long lead time. (b) Involves managers in each unit of ... overall plans of the organization. (d) Determines the day-to-day operations within an organization.

Last Answer : (a) Addresses the organization's basic mission or business, issuing broad statements of purpose or direction that have a long lead time.

Description : I am looking for a college to get a operations management degree, any suggestions?

Last Answer : Many online technical schools, such as University of Phoenix and DeVry University, offer degrees in operational management. However, I would suggest looking for the degree at a local community college. It is much cheaper.

Description : What college in Georgia offers a operations management degree?

Last Answer : There are many colleges in Georgia that offer operations management degrees. Some colleges in Georgia include Georgia Institute of Technology and also Georgia Southern University.

Description : The Open Market Operations [OMOs] is an important tool of– (A) Forex management (B) Liquidity management (C) Inventory management (D) Marketing management

Last Answer : Answer: Liquidity management

Description : Communication management: 1. Is important only in projects involving telephone, television, radio, or newspaper production  facilities and operations  2. Is not a big problem for people with normal ... . Involves the originator, the message, the medium and the receiver  4. Preparing an agenda

Last Answer : 3. Involves the originator, the message, the medium and the receiver

Description : Which of the following is least likely included in an auditor's inquiry of management while obtaining information to identify the risks of material misstatement due to fraud? a. Are financial reporting ... d. Has it reported to the audit committee the nature of the company's internal control?

Last Answer : Are financial reporting operations controlled by and limited to one location?

Description : Which of the following factors most likely would cause a CPA to decline a new audit engagement? a. The CPA does not understand the entity's operations and industry. b. The CPA is ... permit inquiry of its legal counsel. d. Management acknowledges that the entity has had recurring operating losses

Last Answer : Management is unwilling to permit inquiry of its legal counsel

Description : Assurance services may include which of the following? a. Attesting to financial statements b. Examination of the economy and efficiency of governmental operations c. Evaluation of a division's performance for management d. All of the given choices

Last Answer : All of the given choices

Description : Which of the following is most likely to be considered a risk factor relating to fraudulent financial reporting? a. Domination of management by top executives. b. Negative cash flows from operations. c. Large amounts of cash processed. d. Small high-dollar inventory items

Last Answer : Negative cash flows from operations.

Description : Warning signs that cause the auditor to question management integrity must be taken seriously and pursued vigorously. Which of the following may lead the auditor to suspect management ... with the controller for the purpose of discussing accounting practices that will maximize reported profits

Last Answer : The president and chief executive officer of the client corporation has held numerous meetings with the controller for the purpose of discussing accounting practices that will maximize reported profits

Description : Which of the following factors or conditions is an auditor least likely to plan an audit to discover? a. High turnover of senior management. b. Inadequate monitoring of significant controls. c. Inability to generate positive cash flows from operations. d. Financial pressures affecting employees

Last Answer : Financial pressures affecting employees

Description : When performing a compilation engagement, the accountant is required to a. Make inquiries of management to assess the reliability and completeness of the information provided. b. Assess internal controls. ... explanations. d. Obtain a general knowledge of the business and operations of the entity.

Last Answer : Obtain a general knowledge of the business and operations of the entity.

Description : The database administration function includes A. application programming B. computer operations management C. databaseaccessplanning D. All of theabove E. None of the above

Last Answer : databaseaccessplanning

Description : Strategic Management focusses on integrating functions such as Marketing, Finance / Accounting, Production / Operations, R & D and Info.Systems to achieve Orgnl. success

Last Answer : True

Description : The management model that facilitates effective and efficient security management and operations in the cloud environment so that an enterprise’s business targets are achieved is a) Cloud security b) Trust model c) Security model d) Cloud security governance

Last Answer : Cloud security governance

Description : 7. Who defined Operations Research as scientific approach to problem solving for executive management? a. E.L. Arnoff b. P.M.S. Blackett c. H.M. Wagner d. None of the above

Last Answer : c. H.M. Wagner

Description : When exporting some common pitfalls include: A. failure to use an export management company B. failure to print service, sales, and warranty messages in local languages C. chasing orders around the ... orderly growth D. failure to consider licensing or joint venture agreements E. all of the above

Last Answer : E. all of the above

Description : What are the primitive operations common to all record management systems?s?

Last Answer : Addition, deletion and modification.

Description : Basic element of operations Management is: a)Customer demand b)Operating system/Process c)Process capacity d)All of the above

Last Answer : b)Operating system/Process

Description : Which of Which of the following activ ng activities is not a direct responsi esponsibility of operati operations management? a. Planning Planning & controlling controlling the operations operations b ... operation operation d. Determining the exact mix of products & services that customers will want

Last Answer : d. Determining the exact mix of products & services that customers will want

Description : Operations Research uses models to help the management in determining its .................... scientifically. a. Policies b. Actions c. Both a and b d. None of these

Last Answer : c. Both a and b

Description : Who defined Operations Research as scientific approach to problem solving for executive management. a. E L Arnoff b. H M Wagner c. Churchman d. None of these

Last Answer : b. H M Wagner

Description : Mr. (A) is a manager in a manufacturing company, he attempts to establish a culture of quality affecting the attitudes and actions of every employee and relies on a workforce that wants to ... Management ; (b) Knowledge management ; (c) Operations Management (d) Management of Information System

Last Answer : (c) Operations Management

Description : Current trends in operations management include all of the following except (a) Just-in-time performance ; (b) rapid product development ; (c) mass customization (d) mass production

Last Answer : (d) mass production

Description : Budgeting, paying the bills, and collection of funds are activities associated with the (a) management function ; (b) finance/accounting function (c) production/operations function ; (d) staffing function

Last Answer :  (b) finance/accounting function

Description : All of the following decisions fall within the scope of operations management except for…… (a) financial analysis ; (b) design of products and processes (c) location of facilities ; (d) all of the above fall within the scope of operations management

Last Answer : (a) financial analysis ; 

Description : The five elements in the management process are (a) plan, direct, update, lead, and supervise (b) accounting/finance, marketing, operations, and management (c) organize, plan, control, staff, and manage (d) plan, lead, organize, manage, and control

Last Answer : (d) plan, lead, organize, manage, and control  

Description : The field of operations management is shaped by advances in which of the following fields? (a) chemistry and physics ; (b) industrial engineering and management science (c) information sciences ; (d) all of the above 

Last Answer : (d) all of the above

Description : Who among the following is associated with contributions to quality control in operations management? (a) Charles Babbage ; (b) Frank Gilbreth ; (c) W. Edwards Deming ; (d) Henri Fayol 

Last Answer : (c) W. Edwards Deming ;

Description : Taylor and Deming would have both agreed that (a) Whirlpool's global strategy is a good one (b) Eli Whitney was an important contributor to statistical theory (c) Management must do more to ... be improved (d) The era of Operations Management will be succeeded by the era of scientific management

Last Answer : (c) Management must do more to improve the work environment and its processes so that quality can be improved