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Can a growing difference between net income and cash flow from operations be because of manipulation by management?
Wiki User
∙ 10y ago
Growing difference between net income and cash flow from operations is due to growing amount of non cash items in income statement like depreciation, amortizations, loss on disposal or gain on disposal of asset etc.
Wiki User
∙ 10y ago
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Why efficiency is important for operation management?
Because it is one of the reasons why business may cease to operate. If the operations management is found to be inefficient or ineffective, usually, the operations manager is replaced or fired.
Why does the domain of production and operations management include to some extent all organization?
It is because production and operations management is interrelated to other functional areas of business such as the finance, the logistics, marketing, etc.
What are the differences between direct manipulation interaction and command language interaction?
• Direct manipulation interfaces are usually easier to learn because they rely on recognition rather than recall. • The effect of operations tends to be easier to spot, and therefore, avoid in a direct manipulation interface because the consequences are normally visualized in such an interface. • Giving instructions tends to be more efficient than direct manipulation for experienced users.
What is the importance of management information systems?
Management Information Systems are important because they provide information that supports operations, management and decision-making functions in an organization.
Definition of operation management and production management?
I believe that Production Management is a part of Operations Management. Operations is the bigger picture of various functions that affect the overall process and quality of an organizations services or manufacturing. Here is a definition of Operations Management that lists "production management" as a part of the whole. In business, all the different aspects of operations is typically overseen by the COO or Chief Operating Officer. Most people do not know what business operations entails because it tends to be a broader discipline. Unlike project management, which has defined completion to a task; operations management deals with processes, resource allocation, and quality to run the business day to day in an efficient and effective manner. APICS The Association for Operations Management also defines operations management as "the field of study that focuses on the effectively planning, scheduling, use, and control of a manufacturing or service organization through the study of concepts from design engineering, industrial engineering, management information systems, quality management, production management, inventory management, accounting, and other functions as they affect the organization".[1]
Did ford almost fail due to a management problem?
Yes, Ford nearly had to stop their operations because of poor management. Fortunately, the government stepped in and bailed them out.
What is the importance of business management?
Business management is important because operations must be managed daily. Without business management, then the business could move in the wrong direction and lead to a financial lost for the owners.
Why is supply chain management important in operations management?
Supply chain management is important because it enables the organization to deliver their products to their customers. Without an effect supply chain their customers will go to another company.
What is the difference between MBA and MMS masters in management studies is the both same?
Yes, because they are both studies about buisness management.
Production management entails creation of wealth Discuss?
The production management entails the creation of wealth. This is because in the manufacturing operations, the production management includes the responsibility for the product and the process design. It also deals with the supervision and organization of the workforce.
Why is important policies and procedures of the organisation?
Policies and Procedures are the strategic link between the Company's Vision and its day-to-day operations. But why is that so important? It's because well written policies & procedures allow employees to understand their roles and responsibilities within predefined limits. Basically, policies & procedures allow management to guide operations without constant management intervention.
Multiply the difference of 72 and 69 by 73?
72 - 69 x 73=4965 you have to do multiplication first because of order of operations then subtract by 72.
