Introduction to the Operations Function

Firstly, consider the economy where gross domestic product (GDP) has been subdivided into its major divisions which are agriculture, manufacturing and services. The following tables show the changes in contribution for a number of countries between 1980 and 1996 and employment projections. Note that primary, secondary and tertiary sectors refer to the evolution of activity where the first or primary activity was applied to basic needs such as food followed by manufacturing (secondary) and finally services (tertiary). 

You may wonder why we are starting here? When you are contemplating this data pause and think of the contribution of the operations function because operations is all about transforming resources including money, people, capital and resources into goods and services. GDP, in a sense, is the scorecard.

Posted Date: 3/16/2013 5:25:55 AM | Location : United States

Ask an Expert

Related Discussions:- Introduction to the operations function, Assignment Help, Ask Question on Introduction to the operations function, Get Answer, Expert's Help, Introduction to the operations function Discussions

Write discussion on Introduction to the operations function
Your posts are moderated

Write your message here..

Related Questions

Explain what exactly is stress, What exactly is stress? What is the differe... What exactly is stress? What is the difference between so-called "good" stress or so-called "bad" stress? When it comes to dealing with the stress, does it make any difference whet

Explain investment economically acceptable, Orangemen Lofts plans to add 30... Orangemen Lofts plans to add 300 luxury apartments to its complex in Cohoes. The cost of the land now is $16 million including taxes and fees. The construction cost is expected to

What is objective function, FestiveMeadow3308 Baseballs (z1) requires 3 ... FestiveMeadow3308 Baseballs (z1) requires 3 minutes/unit for cutting and 2 minutes/unit for glueing. Basketballs (z2) requires 2 minutes/unit for cutting and 4 minutes/unit for

Describe rented books and did not get the discount, Hi I answers a question... Hi I answers a question and earned 10 percent off my next purchased. I just rented books and did not get the discount how can i reversed this??

Why service adds value to a business products and customers, Service is the... Service is the last activity in the Value Chain. Explain how service adds value to a business products and customers.

Time study - process design, Time Study - Process Design Time study by... Time Study - Process Design Time study by stopwatch or micro-motion analysis is the original method of work measurement devised by Taylor and his followers, and is still routi

How the organization you researched could become productive, Make one solid... Make one solid recommendation for how the organization you researched could become more productive by applying one of the lessons learned. Explain your rationale.

Explain a star product is one that, A star product is one that A) in the... A star product is one that A) in the growth stage but has a low market share B) Has negative to low earning characteristics C) Continues to increase market share even at t

Explain why is it important to try to fill in the gaps, When interviewing, ... When interviewing, why is it important to try to fill in the gaps in a candidate's employment history?

Explain consumer price index, What are some characteristics and provisions ... What are some characteristics and provisions of the cost of living escalator clauses and wage reopener arrangements that are part of the unions' efforts to adjust to the lack of de