Question

In: Operations Management

These review questions will broaden your application of a few key topics from the chapters and...

These review questions will broaden your application of a few key topics from the chapters and the Module 1 objectives. Answer all four questions. All references are required to be in current APA format. What are the roles and responsibilities of the operations manager? What other functional areas does the operations manager communicate with and why? In operations management, the term sustainability is used in corporate meetings. Explain what sustainability is and why it is a topic of hot discussion. Describe the concept of a value chain and why should an operational manager concentrate on this concept. Please provide examples. Explain the purpose of Customer Benefit Packages and describe how these packages contribute to customer value and satisfaction.

Solutions

Expert Solution

Roles and responsibilities of operation manager are:

- Formulating policies and guidelines on which the company operates and functions on daily basis.

- Planning of operations and activities which effect the company's overall performance and success.

- Coordinating the planned activities between different departments.

- Controlling and allocating proper and sufficient resources for the opertions.

- Reveiwing the payroll and remuneration policies of the company, allocating funds for benefits of the employees.

- Reviewing financial statements for evaluating the efficiency and profitability of the company.

- Communicating with managers of all departments to check on the performance of each department

- Interacting with other stakeholders connected with the company for their functions.

- Presenting reports and statements to top executives with the clear picture of the company position.

The main functions of the organization other than operations is finance and marketing. Operations manager has to lease with both these departments to bring effective results beneficial for the company. Operation manager plans financial strategies for developing resources for funds in the company and allocating them in the right way. For this function they have to communicate with the finance department. The marketing department deals with creating demand of goods in the maket and selling them to the target customers at correct price and prompt supply. For this communicating with operation manager is required to understand how the goods can be manufactured at the correct time in proper quantity and what resources are required for it. Other than these the departments with which the operation manager communicates are- production department- for evaluating the operations and activities and the production area for proper supply of goods for marketing and earning profits, HR department- allocating sufficient manpower and reviewing their pay scales and benefits and their operations in the company needs involvement of an operation manager, IT department- Operation manager depends on this department to effectively control and communicate with all other deparments. It helps in gathering all information required by operation manager from different departments to fulfull his responsibilities.

Sustainability is the existence and survial of something in long term inspite of the pressures it faces. Operational sustainability is the the evaluation of a business to operate its current activities and functions without puuting the long term survival of the business at risk. As operation management deals with the activities and functions of the company connecting all departments to gain profits and company growth. Hence sustainability is an essential aspect of it because in this motive of operating the current activities effeciently the operation manager should not ignore the long term sustainability or survival of the company and be able to manage that too.

Value chain is the set of functions that are being performed in a company to manufacture and deliver a product that has value. It is an important aspect of operation management as an operation manager coordinates and communicates the activities and operations of every department. This feedback is necessary for an effective value chain as that is how a successful product will be delivered and will work for the sucess of the business. Hence operation manager needs to make sure that the value chain activities are being performed in the most effective way by coordinating and evaluating activities of different areas of functions in the company.


Related Solutions

I. Read Chapters 1 to 3 from your Textbook. II. NCLEX Review Questions Chapters 1 to...
I. Read Chapters 1 to 3 from your Textbook. II. NCLEX Review Questions Chapters 1 to 3 III. Chapter 3 : Functional Assessment in the Elderly Patient Profile H.J., a 74-year-old African American male, is a retired army military officer. His wife of over 50 years passed away four years ago. He has four daughters and two sons who are all grown and married. He has fourteen grandchildren with a great-grandchild on the way. His son brought him to the...
I. Read Chapters 44 and 45 from your Textbook II. NCLEX REview Questions Chapters 44 and...
I. Read Chapters 44 and 45 from your Textbook II. NCLEX REview Questions Chapters 44 and 45 from Evolve Resources III. Urinary Tract Infection Lilly is a 3-year-old girl who has had abdominal pain and fever since yesterday. Subjective Data Lily is complaining of lower abdominal pain. She has had fever for 24 hours. Lilly wet her pants, despite being recently potty trained. Objective Data Vital signs: temp, 38.5º C; pulse, 114 bpm; resp, 32 breaths/min; blood pressure, 104/62 mm...
I. Read Chapters 20 and 21 from your Text Book.   II. NCLEX Review Questions Chapters 20...
I. Read Chapters 20 and 21 from your Text Book.   II. NCLEX Review Questions Chapters 20 and 21 from Evolve Resources III. Case Study:  Age-Related Macular Degeneration Patient Profile P.J. is a 74-year-old female who has been seen multiple times in the past with a complex medical history. Most recently, she was discharged one month ago after a 14-day stay for gangrenous open cholecystectomy. The gangrene extended into the common bile duct and she suffered a bile leak postoperatively. On this...
I. Read Chapters 22, 23, 24 and 25 from your textbook. II. NCLEX Review Questions Chapters...
I. Read Chapters 22, 23, 24 and 25 from your textbook. II. NCLEX Review Questions Chapters 22, 23, 24, 25 from Evolve Resources. III. Case Study: Nursing Care of the Breastfeeding Mother/Newborn Couplet Charlotte is a 27-year-old G1P1 who just gave birth to a healthy girl at 39 weeks of gestation. The baby is now 20 minutes old and has transitioned well. Charlotte wants to breastfeed her infant because she has read about the benefits of breastfeeding. Her mother and...
Chapters three and four are a review of your training from the first phase of your...
Chapters three and four are a review of your training from the first phase of your principles of microeconomics. The supply and demand framework supposes the application of pure competition and all of its assumptions. Thus its conclusions are the result of these assumptions. discuss the potential managerial problems of analyzing a real world market while only considering the nature of said market to be purely competitive.
I. Read Chapters 4, 5, 6 and 7 from your Textbook II. NCLEX Review Questions (...
I. Read Chapters 4, 5, 6 and 7 from your Textbook II. NCLEX Review Questions ( Chapters 4 to 7) from Evolve Resources. III. Case Study: Emily is a healthy 30-year-old woman, who has been experiencing pelvic pain, dysmenorrhea, and dyspareunia (painful intercourse) for the last 6 months. She has no medical problems and is not taking any medications. Emily scheduled an appointment with the nurse practitioner at her gynecologist’s office to discuss her signs and symptoms. She is sexually...
I. Read Chapters 29 and 30 from your Textbook and PP presentations II. NCLEX Review Questions...
I. Read Chapters 29 and 30 from your Textbook and PP presentations II. NCLEX Review Questions Chapters 29 and 30 from Evolve Resources III. Anemia Patient Profile D.G., a 72-year-old male whose wife died six months ago, is brought to the health care provider by his daughter because he is not eating much and has been lethargic and sleeping a lot. He has a history of hyperlipidemia for which he takes niacin/lovastatin 500/20 mg PO daily at bedtime. Subjective Data...
I. Read Chapters 34 and 35 from your Text Book and PP II. NCLEX Review Question...
I. Read Chapters 34 and 35 from your Text Book and PP II. NCLEX Review Question Chapters 34 and 35 from Evolve Resources III. Case Study: Atrial Fibrillation Patient Profile E.W., a 76-year-old white man, comes to the emergency department after a syncopal episode at a local restaurant. He is accompanied by two friends. Subjective Data Has been feeling weak for a few days Became dizzy and fainted while awaiting his dinner Takes one medication, a “water pill” for high...
Prior to beginning work on this discussion, read the required chapters from the text and review...
Prior to beginning work on this discussion, read the required chapters from the text and review the required articles for this week. Alcohol and caffeine have nearly opposite effects on behavior and the nervous system, yet these substances are not used to treat overdose or addiction to the other. Why not use caffeine to treat alcohol addiction? Analyze the issues of pharmacological and physiological antagonism. Explain the receptor systems involved and the central nervous system structures effects with regard to...
Topics and Key Questions - Walmart company I. Corporate Governance Analysis Is this a company where...
Topics and Key Questions - Walmart company I. Corporate Governance Analysis Is this a company where there is a separation between management and ownership? If so, how responsive is management to stockholders? How does this firm interact with financial markets? How do markets get information on the firm? How does this firm view its social obligations and manage its image in society? II. Stockholder Analysis Who is the average investor in this stock? (Individual or pension fund, taxable or taxexempt,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT