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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.

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What is the nature and scope of manufacturing management?

The nature and scope of manufacturing management is used for purposes of production, This will include all the stages of production up to the point where the product is ready for the consumer.


Explain Nature and scope of educational management?

what is the nature and scope of educational management


What is Nature and scope of retail management?

yes


Nature and scope of operations management?

Operations management is often used along with production management in literature on the subject. It is therefore, useful to understand the nature of operations management .Operations management is understood as the process whereby resources or inputs are converted into more useful products .A second reading of the sentence reveals that, there is hardly any difference between the terms produ7ction management and operations management .But, there are a least two points of distinction between production management and operations management .First, the term production management is more used for a system where tangible goods are produced .Whereas ,operations management is more frequently used where various inputs are transformed into tangible services .Viewed from this perspective, operations management will cover such services organization as banks ,airlines ,utilities ,pollution control agencies super bazaars, educational institutions ,libraries ,consultancy firm and police departments, in addition ,of course ,to manufacturing enterprises. The second distinction relates to the evolution of the subject. Operation management is the term that is used now a days .Production management precedes operations management in the historical growth of the subjectThe two distinctions not withstanding, the terms production management and operations management are used interchargeably .Scope of Production and Operation ManagementThe scope of production and operations management is indeed vast .Commencing with the selection of location production management covers such activities as acquisition of land, constructing building ,procuring and installing machinery ,purchasing and storing raw material and converting them into saleable products.Added to the above are other related topics such as quality management ,maintenance management ,production planning and control, methods improvement and work simplification and other related areas.


Explain the nature and Scope of Strategic cost management?

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Related Questions

What is the nature and scope of manufacturing management?

The nature and scope of manufacturing management is used for purposes of production, This will include all the stages of production up to the point where the product is ready for the consumer.


Explain Nature and scope of educational management?

what is the nature and scope of educational management


Discuss the nature and scope of management accounting?

difine the nature and scope of management accounting?


What is the nature and scop of Human resource management?

Human Resource Management (HRM) is a strategic and pervasive function focused on effectively managing people within an organization to achieve both organizational and individual goals. Nature of HRM The nature of HRM is people-oriented and development-oriented. It is not merely an administrative function but a comprehensive, continuous, and future-focused process. It is pervasive, meaning it exists in every department and at every level of management. HRM treats people as a valuable asset and seeks to maximize their potential, encouraging high performance through motivation, skill development, and creating a positive, harmonious work environment. Scope of HRM The scope of HRM is vast and covers the entire employee lifecycle, typically segmented into three main areas: Personnel Aspect: This includes core functions like workforce planning, recruitment and selection, placement, performance appraisal, training and development, and compensation management (wages, salaries, and benefits). Employee Welfare Aspect: This focuses on working conditions and amenities, such as health, safety, medical assistance, housing, and social security. Industrial Relations Aspect: This involves maintaining healthy relationships between management and employees/unions, handling grievances, and ensuring legal compliance with labor laws.


What is Nature and scope of retail management?

yes


Nature and scope of operations management?

Operations management is often used along with production management in literature on the subject. It is therefore, useful to understand the nature of operations management .Operations management is understood as the process whereby resources or inputs are converted into more useful products .A second reading of the sentence reveals that, there is hardly any difference between the terms produ7ction management and operations management .But, there are a least two points of distinction between production management and operations management .First, the term production management is more used for a system where tangible goods are produced .Whereas ,operations management is more frequently used where various inputs are transformed into tangible services .Viewed from this perspective, operations management will cover such services organization as banks ,airlines ,utilities ,pollution control agencies super bazaars, educational institutions ,libraries ,consultancy firm and police departments, in addition ,of course ,to manufacturing enterprises. The second distinction relates to the evolution of the subject. Operation management is the term that is used now a days .Production management precedes operations management in the historical growth of the subjectThe two distinctions not withstanding, the terms production management and operations management are used interchargeably .Scope of Production and Operation ManagementThe scope of production and operations management is indeed vast .Commencing with the selection of location production management covers such activities as acquisition of land, constructing building ,procuring and installing machinery ,purchasing and storing raw material and converting them into saleable products.Added to the above are other related topics such as quality management ,maintenance management ,production planning and control, methods improvement and work simplification and other related areas.


Nature and scope of mis?

1.)Accounting, 2.)Mathematics and Operation Research, 3.)Management, 4.)Computer Science, 5.)Behavioral Science Delip'S..(Puttu's)


Explain the nature and Scope of Strategic cost management?

sdfsdf


What is the nature and scope of marketing management?

creating demand of product


Nature and scope of management accounting?

The scope of management accounting is to aide management of a particular company with enough information to take critical decisions. Nature of management accounting includes coverage of day to day expenses, research and development, and current market scenario.


Can you explain the nature and scope of the product or service management function?

bush


What is the nature and scope of international financial management?

The nature and scope of international financial management is to analyze the money needed by different fractions of an international company. The second step is to help raise that money and then to invest it wisely.