Factors that influence the role played by operations manager, Operation Management

Assignment Help:

1. Having considered the changes in agriculture and manufacturing sectors in the industrial era, speculate what might happen to the service sector in the post-industrial era. What factors might influence these changes and the role played by operations managers?

Ans: It would appear that the attention once given by management (society) to agriculture and manufacturing will now be turned towards services. The service sector will be the challenge for operations managers in future. The gains in productivity enjoyed by society in the first two sectors will be expected in the third. The service sector is now consuming most resources in developing countries. Resources such as people, information technology and investment capital which in turn should lead to increased share holder value and GDP growth. You may wish to check which economic sectors contributed to GDP growth the next occasion you see a growth figure quoted. Also consider: can services be treated as products - can we apply operations knowledge honed in manufacturing companies to services?


Related Discussions:- Factors that influence the role played by operations manager

Explain benefits of free international trade, What are the benefits and dis...

What are the benefits and disadvantages of free international trade for the United States? Examples would be helpful also.

Explain the quality control implications of the major change, in a 3-4 page...

in a 3-4 page paper answer the following: Q1. Describe the quality control implications of the major changes that have taken place in food chains today compared to the past. Q2. Wh

Explain marketing and selling, What is your understanding of the terms: mar...

What is your understanding of the terms: marketing and selling? Are they the same? How do you differentiate the two terminologies? Provide examples to support your points.

Transportation problem, Calculate row or column penalty we take two values ...

Calculate row or column penalty we take two values namely the minimum and 2nd minimum? If 4 4 5 occurs in a problem, we choose 4 as a minimum and 5 the 2nd minimum why not another

Devise a regression equation or predict the profitability, Consider the tab...

Consider the table below. This time, the historical profitability of eight locations is listed in the table. Devise a regression equation and predict the profitability of a new sit

Find annual sales is thousands of bottles, Problem 3-5 A cosmetics manufact...

Problem 3-5 A cosmetics manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Foot Cream. Ft = 80

Explain expected return on the market, Assume that the risk-free rate is 7....

Assume that the risk-free rate is 7.0% and the expected return on the market is 8%. What is the required rate of return on a stock with a beta of 1.4? Round your answer to two deci

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd