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Philosophy of Educacion essay

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Issue:

Religion

 

Written by:

Lucy E

 

Date added:

January 31, 2013

 

Level:

 

Grade:

A

 

No of pages / words:

5 / 1124

 

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7358 times

 

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Essay content:

The function itself can engage up to 80 per cent of an organization's resources, including labor, equipment and capital needs. In an era where the success of an organization is dependent upon the efficient and effective use of its resources, one can appreciate the need for everyone within an organization to have a sound understanding of the principles of operations management and the manner in which competitive advantage can be sustained through the superior application of them...
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This definition reflects the essential nature of Operations Management: it is a central activity in organizing things. Another way of looking is to consider Operations are a transformation process: they convert a set of resources (INPUTS) into services and goods. (Davis, Markland, & Vickery, 1995). Effective operations management is a critical, competitive, strategic force in any organization as it has the capacity to reduce operational cost significantly and to improve efficiency...
displayed 300 characters

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