service operations are different from manufacturing operations in terms of
* tangible and intangible output * customer consumption * use of labor and equipment * customer contact * customer participation in conversion process * measuring activities and resources manufacturing is characterized by tangible output, outputs that consumer consumes over time, jobs that use less labor and more equipment, little consumer contact, no consumer participation in conversion process (in production), and sophisticated methods for measuring activities and resource consumption as products are made.
Service on the other hand is characterized by intangible outputs, outputs that customer consumes immediately, jobs that uses more labor less equipment, direct customer contact, frequent customer participation in conversion process and elementary methods for measuring conversion activities and resource consumption. * productivity is more easily measured in manufacturing operations than services. * quality standards are more difficult to establish and product quality is more difficult to evaluate in service operations. * manufacturing operations can increase and decrease finished goods inventory levels in response to change in customer demand patterns. * In services, the most expensive resource is people, while in manufacturing the most expensive resource is machinery.
1.service 2.merchandising/trading 3.manufacturing.
the 3 types of bussiness operations are: 1.service 2.merchandising/trading 3.manufacturing i know that coz my course is bachelor science of accountancy
Is a Service Business..
Business organizations are primarily engaged into manufacturing or providing services. They are actively engaged in operations, finance and investment. These are the basis for any successful foundation of the business.
A merchandise business primarily buys and sells physical goods, acting as a retailer or wholesaler. In contrast, a service business offers intangible products, providing services rather than goods, such as consulting or repair work. A manufacturing business creates products by transforming raw materials into finished goods through various processes. A producing business can refer to any entity that generates goods or services, often encompassing both manufacturing and service aspects, depending on its operations.
Manufacturing is one where in production process service orientations is done where in service sector is to completely to serve with service and no production involved in this process.
1.service 2.merchandising/trading 3.manufacturing.
Operations differ from each other based on their objectives, processes, and contexts. For instance, manufacturing operations focus on producing goods, while service operations prioritize delivering intangible services. Additionally, operations can vary in scale, complexity, and the resources required, such as labor, technology, and materials. These differences influence how organizations design, manage, and optimize their operational strategies.
Quasi manufacturing in operations management refers to processes that blur the lines between manufacturing and service operations. It typically involves the production of goods that are customized to meet specific customer requirements, often incorporating elements of both tangible product creation and intangible service delivery. This approach allows organizations to respond flexibly to customer needs while maintaining some efficiency typical of traditional manufacturing. Industries like construction and software development commonly exhibit quasi manufacturing characteristics.
the 3 types of bussiness operations are: 1.service 2.merchandising/trading 3.manufacturing i know that coz my course is bachelor science of accountancy
how does operating leverage differ in manufacturing services and e-commerce companies? how does operating leverage differ in manufacturing services and e-commerce companies?
Yes, transaction processing systems differ significantly between service and manufacturing industries. In manufacturing, these systems focus on inventory management, production scheduling, and order fulfillment, emphasizing the flow of goods and materials. In contrast, service industries prioritize customer interactions, appointment scheduling, and billing, concentrating on managing human resources and service delivery. Each industry’s transaction processing system is tailored to meet its unique operational needs and challenges.
Three basic activities common to all manufacturing operations are financing, producing, and selling.
goods is the thing that are go no be sold. services is the treatment or providing things to sale
Service
the 3 types of bussiness operations are: 1.service 2.merchandising/trading 3.manufacturing i know that coz my course is bachelor science of accountancy
A service organization's end product is a service. A manufacturing organization's end product is a product.