Explain what is an industry, Operation Management

Assignment Help:

What is an industry?

(a) Industry is a group of diverse businesses under common owners.

(b) Industry is a group of firms whose products have same and similar attributes such that they compete for the same buyers.

(c) Industry is any business organization engaged in manufacturing activities.

(d) All business organizations excluding those in service sector are industry.


Related Discussions:- Explain what is an industry

Role of production planning and control, Role of Production Planning and Co...

Role of Production Planning and Control in Operation Management Operations are at the centre of the diagram in figure given below because they are the dynamic doing elements o

Impact of product life cycle on operation strategy, Question 1: Describ...

Question 1: Describe the impact of product or service life cycle on operation strategy - Impact of each Stage (Introduction, development, growth, maturity, decline) - Descri

MBA, MBA, Operation Management Q3. What do you understand by “line balancin...

MBA, Operation Management Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?

Explain what should peter recommend to gwyn, What should Peter recommend to...

What should Peter recommend to Gwyn about Dana's case?

Lean management , how can lean principles be applied further to a business?...

how can lean principles be applied further to a business?

Explain what are supply-chain management strategies used, What are at least...

What are at least four supply-chain management strategies used in Regal Marine? Present and explain them.

Most vital factor in determining a company''s unit sales, Which of the foll...

Which of the following is the most important factor in determining a company's unit sales and market share of private-label footwear in a particular geographic region? a The len

Explain what will be the company''s return on equity, Midwest packaging's R...

Midwest packaging's ROE last year was only 3%, but its management has developed a new operating plan that calls for a debt-to-asset ratio of 60%, which will result in annual intere

Objectives of motion study, Objectives of Motion  Study 1.   Combine  ...

Objectives of Motion  Study 1.   Combine  relative  activities. 2.   Increases the  efficiency of activities. 3.   Reduce physical fatigue. 4.   Eliminate as many unne

Ethical decision making, Mary is 86 years old and resides in a nursing home...

Mary is 86 years old and resides in a nursing home.  She is alert but forgetful, and unsteady on her feet.  She has a history of falls and the nurses are becoming increasingly conc

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