answersLogoWhite

0

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.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

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.


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


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 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 a type of system software that assists users with controlling and maintaining the operation of a computerits devices and its software?

A type of system software that assists users in controlling and maintaining the operation of a computer and its devices is called a utility program. Utility programs perform tasks such as file management, disk management, antivirus protection, and system diagnostics, helping to optimize computer performance and ensure efficient operation. Examples include disk cleanup tools, backup software, and system monitoring applications.


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 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 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.


A vehicular system for controlling the direction and operation of the vehicle?

The steering system.

Trending Questions
The real-time risk management method ABCD is an easy to use tool designed to assist individuals to quickly recall risk management steps during the execution phase of an activity? Can a commerce student become a school's principal? What kind of planning helps organizations ensure that they have the resources and procedures in place to accomplish long-term objectives? What neurotransmitter can be at risk in PKU? What factors can cause controls that are established and implemented for a prolonged period to lose their effectiveness in the composite risk management process? How do you supervise and evaluate using composite risk management? What is the difference between business goals and objectives, and how can aligning them effectively contribute to the success of a company? What will prevent conflict between shareholders and managers? What is the best definition of ownership? Which among yr the following is a secondary burden of risk? Why do Human Resource Systems fail? What is the difference between club management and hotel management? What is the meaning of the name Mukesh? What are the disadvantages of a decentralized office and what are the meaning of decentralized office? Activities in the event management? The management function that involves determining the best strategies and tactics for achieving the organization's goals and objectives? How does the leading function of management contribute to achieving organizational objectives within your chosen industry? What is Capable to Match planning? How do you assess and monitor risk? How does the organizing function of management contribute to achieving organizational objectives within your chosen industry?