Business Management MNB1601 (MNB1601)

mnb1601_-_exam_paper_answers_(2010_-2013)

Contents Welcome..................................................................................................................................................................... 3 October/November 2018 Exam Paper................................................................................................................... 4 October/November 2018 Suggested Solutions ..................................................................................................22 May/June 2018 Exam ...

TOPIC 1: Operations management Learning Unit One • Keywords definition • Operation managemen

MNB1601_ Latest Exam Summary 2021. Business Management-MNB1601. Defining terms used in operations management Operations management is concerned with the management of the transformation process (the operations process) whereby products are manufactured or services rendered Concepts defined operations management: o The operations function is that function in the business aimed at the utilisation of resources to manufacture products or render services o Operations managers are the personnel ...

MNB1601 Assignment 2 2021. Business Management. MARKETING MANAGEMENT QUESTION 1 The commercially manufactured sorghum beer market consists of a few operators including United National Breweries. United National Breweries will purchase materials such as sorghum to be used in the production process for sorghum beer. This is an example of the market. 1. consumer 2. industrial 3. resale 4. government Answer: Refer to page 451 the prescribed textbook: 13.8 Market segmentation Each of th...

MNB1601_B_2018_ For which of the following reasons is operations management important to the business? 164(a) It can contribute to an increase in the productivity of the business. 165(b) It can help the business satisfy the needs of its customers/clients more eff ectively. 166(c) It can assist in both the design and marketing of products/services in order to improve the fi nancial return on investment. 167(d) It can be a decisive factor for the general reputation of the business. 168 169...

CONTENTS PREFACE v TOPIC 1: OPERATIONS MANAGEMENT 1 LEARNING UNIT 1: The operations management function 3 1.1 THE NATURE AND DEFINITION OF OPERATIONS MANAGEMENT 4 1.2 AN OPERATIONS MANAGEMENT MODEL 5 1.3 THE CLASSIFICATION OF OPERATIONS PROCESS TYPES FOR MANUFACTURERS AND SERVICE PROVIDERS 7 LEARNING UNIT 2: Operations management: activities, techniques and methods 11 2.1 OPERATIONS DESIGN 12 2.2 PLANNING AND CONTROL OF THE OPERATIONS PROCESS 15 2.3 OPERATIONS IMPROVEMENT 16 TOPIC 2:...