In: Operations Management
Please explain; What are some sources of process class in organizations?
Some sources of process class in organizations are:
1. Technical source: Technical sources are concerned with providing technical information and trainings to different employees in order to develop their skillsets further. These sources are used in an organization to help in technical design and processes.
4. Human and capital sources: These sources deal with workforce and capital management in an organization and develop the workforce further for challenging and complex projects. These sources are also concerned with resolving issues with the workforce and helping them achieve productivity.
3. Financial sources: These sources manage the financial problems in an organization and deal with budgets, scheduling and accounting processes. They also help in financial analysis and viability of the project and whether the project will result in profits and revenue for the organization or not.
4. Marketing sources: These sources are concerned with sales and marketing initiatives and develop strategies and policies to increase sales of the products and generate revenue for the organization.