Production and Operational Management
Assignment: - How companies manage their business in the e-business environment. 1) Forms of E- business.
Q:- How companies manage their business in the e-business environment.
Forms of e-business.
Forms of e-business used in Pakistan.
Impact of e business on operational management of business operating across the globe?
Ans:-E-Business:-
We use the word e-business to pass on mainly to the digital enablement of deal of in succession within the firm using knowledge under the direct of the firm. E-business will be defined as:-
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We ar e now become more empower with the e business and a lot of information available on he internet and thousand of sites are available and away from just one click away from us that provide us a new facilities for information an trade business. So an e-business change the different departments of organization that in It Department, HRM, relationship with the customers, providing quality of service with high trust factor. Electronic business is only the process of doing or performing the business through online of different aspects to suit the customer and firm objective. For the firm that used an e-Business it will required its all changes in procure of making products, to firm restructured by new way and take or change the job descriptions of the firm. The firm using the E- business they also make sure about the government tax, the product legality and the safety issues. An organization have an efficient knowledge to improve the organization efficiency. E-business contribute to economic efficiency in five important ways. They are as follows: …show more content…
Usually, B2C E-business web shops have an unfasten right of entry for any caller, sense that there is no require for a being to login in sort to make any manufactured goods related. For example M Donald’s Pizza and burger delivery is an example of B2C consumer E- business in Pakistan.
2:-Business-to-Business (B2B):- In a Business-to-Business E-business companies put on the market their online merchandise to other companies without being occupied in sales to consumers. In most B2B E-commerce environments entering the web shop will require a log in. B2B web supermarket usually contains customer-specific pricing, customer-specific assortment and customer-specific discount. For example a Dunlop Tyres have an agreement with Toyota Motors in Pakistan that they deliver their tyresor product to Toyota motorsso this is an example of B2B e business in Pakistan.
3:-Consumer-to-Business(C2B):-
In a Consumer-to-Business E-business, clients usually placement their goods or services online on which companies can post. A customer reviews the bids and selects the company that meets his price prospect. For examples the fruits is providing by the farmers or tobacco plants after its completion of its period they provide to different companies that they signed an agreement of
A detailed account will be provided and information will be built upon from the previous task. This report will include an analysis of the previous assignment in which political, legal, social and technological factors were discussed and how they affected selected businesses. An in depth explanation about how these factors affect businesses, Carphone Warehouse and Dogs Trust will be given. Carphone Warehouse: A factor which affects Carphone Warehouse is political factors.
Colour The storage unit uses a variety of colours, this makes the design more appealing to people and stand out more. The design uses pastel colours which are soft and milky colours (teal, flesh and ochre). This makes the storage unit more warm and looks more appealing because the colours are very pleasing to look at. These colours are great for rooms with kids because they are bright and warm, it adds more energy and happiness to the design.
P1: Describe customers in four different contexts: A Market: A market is a place where demand and supply operate. Buyers and sellers interact to trade their good and services. (What is a market? , n.d.)
Introduction The Department of Veteran Affairs (VA), in accordance with the Government Performance Results Act (GPRA) of 2010, in partnership with the Office of Management and Budget (OMB) has committed to making the VA performance more transparent and accessible. In order to achieve the strategic goals, objectives of the VA and the nested goals of Veterans Benefits Administration (VBA), the Undersecretary for Benefits (USB) has directed implementation of an initiative with the goal of eliminating the use of the current End Product (EP) code system as a method of tracking the workload within VBA. Business Case Currently, VBA Manual 21-4, dated July 24, 2015 prescribes the use of an End Product (EP) system to facilitate accurate control
The time of year for holiday celebrations is approaching and as your departments make holiday plans, I ask that all division and directors who require financial outlay are required to get approval from the Cabinet. . It is great to thank our employees for all their hard work, but are asking each of you make every effort to be conservative with your planning and ensure that you are showing good stewardship of available funds this year; it is also important to reflect the general fiscal austerity we are all working within. It is also important to respect the intent of donors who contribute unrestricted funding for us to support our mission and to not expend unrestricted funds in ways that they would not
For my research task the fast food restaurant I have chosen is Nandos because Nandos originates here in South Africa. The quality of their food has always been good, have never a problem with Nandos in terms of service. I’m going to look at their concept of insurance and how it’s implicated for business. I will be also be looking at crime situation in our country and how it affects businesses and how does insurance related to the situation. Also I will take a look at two different types of insurance, know as compulsory and non compulsory.
The food industry has better improvements yet; it still needs a thorough cleansing. Although food production has bettered in the last 100 years by its treatment of workers and government’s oversight, it has had some adverse effects like company’s protection
Operations management needs to be effective by making sure that customers’ needs are being met. The production process is the act of combining various immaterial inputs in order to create a good or service which has value and contributes to the utility of consumers. Dymocks The Company will support the sole trader in negotiating great terms with major suppliers in order to achieve the best benefits and discounts. Once an order has been put in with suppliers, the order will then be processed and the goods will be created.
1.2.3 Strategies • Review IT organizational structure • Review IT policies and
POLITICAL Political factors can often give a big impact on the business of a company. Often this factor is not in the hand of the organization. Several aspects of government policies can make a huge difference. However, all firls are required to follow the law. It is the responsibility of the organization to find how upcoming legislations can affect their activities.
The sources of this literature review are EBSCO discovery service, Emerald insight, sample dissertation on the topic, google websites. There are various definition to describe a Business
These are organizational procedures, systems, as well as, other interactions planned to produce a project or service (Spector, 2013, p. 6). In ASDA case, in order to make changes in regard to the poor quality and customer satisfaction, Archie could utilize and implement a total quality management process. Additionally, he could use a balance score card and run operations lean so that there would be a solid balance between the financial objectives and the internal/ external business processes. The balance between non-behavioral and behavioral elements can lead to success (Spector, 2013, p. 6). Next, to address the poor communication, the organization could change this behavior by linking and coordinating the vital value chain activities of the organization such as purchasing, delivering, sales etc.
The purpose of Operations management within an organization is to control the production process and business operations as efficient as possible to achieving overall organizational goal (investopedia.com, 2017). Therefore operation management creates policies, processes and procedures and also use various methods and techniques to maximize profits thus achieving organizational goal. Approaches or Techniques of operation management To improve the operational performance, operation management use various techniques to improve the operational performance. Some of these approaches are: Six Sigma Lean production Queuing theory TQM In this section below some of these techniques or theory has been explained: Six Sigma: Six sigma an effective and significant process improvement theory
Causes According to Amin & Noor (2013), the E-consumers generally refer to the purchaser of goods and services over electronic systems such as Internet and other computer networks. This new group of consumers is increasing in number over the years as on-line shopping become a trend and manifestation of modern life style. Based from the Paynter & Lim (2001), E-commerce would provide consumers with benefits such as interactive communications, fast delivery, and more customization that would only be available for consumers through online shopping. Product information in the Internet is more compact and it ranges from various sites.
TASK 1.1 Importance of operation management Operations management (OM) is the business function responsible for managing the process of creation of goods and services. It involves planning, organizing, coordinating, and controlling all the resources needed to produce a company’s goods and services. Because operations management is a management function, it involves managing people, equipment, technology, information, and all the other resources needed in the production of goods and services. Operations management is the central core function of every company. This is true regardless of the size of the company, the industry it is in, whether it is manufacturing or service, or is for-profit or not-for-profit.