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Is operation management more concerned about controlling cost or increasing revenue?
Wiki User
∙ 12y ago
Directly, they control costs, not revenue. Indirectly, their level of customer service, quality, and timeliness typically have great impacts on customer retention - and therefore revenue. A good operational manager balances these and may also have ideas for increasing revenue by improving products and services.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoControlling costs, you are the to manage the operations in the most cost effective manner. Your job is not to increase revenues.
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Nature and scope of production management and operation management?
Production management is the planning, forecasting, or marketing of a product at all stages of the product's lifecycle. Operations management is overseeing, designing, and controlling the process of production.
Is logistic management and operation management are same?
Is logistic management and operation management are same?
What is difference between MSc in operation management and MBA in operation management?
The difference between MSc in operation management and MBA in operation management is that MSc in operation management leads to a general manager while the latter leads to an operations manager.
What is the difference between MSc in operation management and MBA in operation management?
Msc in Operation Management would be a specialized course in operations whereas an MBA in Operation Management is more of a general management course where you can take a specialization.
Difference between operation management and production management with examples?
the difference between production management and operation management?
Distinguish between production and operation management?
Production management is an organized function within a business that deals with planning, forecasting and production or marketing of a product at all stages of its lifestyle. Operation management is concerned with overseeing, designing and controlling production and business operations during the production of goods or services.
Nature and scope of production management and operation management?
Production management is the planning, forecasting, or marketing of a product at all stages of the product's lifecycle. Operations management is overseeing, designing, and controlling the process of production.
What would you distinguish operation management from management and organizational behavior as thought at your university?
Answer:- Management and organizational behavior is concerned with the formulation of corporate strategic policy. Operations Management is concerned with the operations strategy, which specifies how the firm will employ its production capabilities to support its corporate strategy
What is the name of the branch of accounting concerned with providiing managers and administrators with information to facilitate the planning and control of business operation?
Management Accounting
Is logistic management and operation management are same?
Is logistic management and operation management are same?
What is difference between MSc in operation management and MBA in operation management?
The difference between MSc in operation management and MBA in operation management is that MSc in operation management leads to a general manager while the latter leads to an operations manager.
What is the difference between MSc in operation management and MBA in operation management?
Msc in Operation Management would be a specialized course in operations whereas an MBA in Operation Management is more of a general management course where you can take a specialization.
Difference between operation management and production management with examples?
the difference between production management and operation management?
What is the definition of 'financial management'?
One of the three areas of the discipline of finance. It deals with the operation of the firm (both the investment decision and the financing decision) from the firm's point of view.ITs called financial mamagement or corporate finance
What are the different functions of production and operation management POM within the business organization?
production and operation management function
A vehicular system for controlling the direction and operation of the vehicle?
The steering system.
What is logic operation and arithmetic operation?
A logic operation is when you work with the truth or falsehood of statements whereas an arithmetic operation is concerned only with numerical values.
