Operations Management

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Written by:

April H


Date added:

April 11, 2017








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2 / 491


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The goal of operational management is to weigh decisions in such a way to minimize risk, establish a balance between effective and efficient processes, and maximize revenue for the organization. Managers should employ ethical decision-making as a regular tool while determining with proper OM techniques to use...
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The principle of ethics is one that distinguishes between what is right and wrong human behavior. In practice, decision makers may be tempted or improperly motivated to make decisions that benefit themselves or their organization at the expense of others. This practice is contrary to those organizations that have developed a code of ethics describing a set of moral principles and values for all employees to follow...
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