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Importance of production planning?
Production planning ensures that the business has the resources needed to carry out production. If the business doesn't have the resources it needs then the facilities will experience a stoppage.
Why is Production management a continuous decision in organisations.?
Business is dynamic. Production is or should be a factor of demand. The higher the demand, the higher the production. Specific requirements from customers can also influence the production. Nothing in business will remain static for a long time. That is why Production Management is a continous dicision in organizations.
How can a production schedule help a business owner?
giving them money:)
What are the different functions of production and operation management POM within the business organization?
production and operation management function
What are types of production management?
There are five types of production management including: job, batch, flow mass customization and cell production. The production system a business chooses is based on their overall goals.
What portals are used to coordinate and organizations business information internally and externally?
personal
Portals are used to coordinate an organization's business information internally and externally?
corporate
What portals are used to coordinate an organizations business information internally and externally?
personal
What portals are used to coordinated and organization's business information internally and externally?
personal portals
What is stake holders?
Is any group or individual who has an interest in or is affected by the activities of a business. It can be internally or externally.
What stake holder?
Is any group or individual who has an interest in or is affected by the activities of a business. It can be internally or externally.
Explain potential for growth internally and externally?
This is simply the internal growth of a business. Internal growth would include things such as employee development, development of product base etc. External growth is the addition of another branch of your business or a literal expansion your business place.
What is the important role of business letter in an organization?
Communication (conveying information or a making request) is the purpose of a business letter; communication internally (organization staff) and externally (customers, business contacts, public).
Of what importance is communication in business?
effective communication will influence outcomes and it is the critical backbone of an organization's ability to operate internally and externally as well as nationally and internationally.
What is the difference between internal and external growth?
Internal Growth is that created within (internally) a business, such as increasing sales revenue or selling more products.External Growth is that created outside (externally) a business, for example a merger or a takeover.
What are the effects of discrimination in the production possibilities frontier?
The effects of discrimination in the production possibilities frontier is that a given business does not fulfill its ful potential.
How may access to information be said to have drastically altered the way organizations communicate and conduct business?
the worldwide Net concept will continue to alter the way organizations function both internally and externally in the twenty-first century, and in ways that could not be imagined in the twentieth century.
