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Summary Business and Management IB DP SL Topic 5: Operations Management

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Detailed notes on the IB DP course on Business and Management for Operations Management at standard level. Includes diagrams, IB-style questions, worked examples and much more.

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Summarized whole book?
No
Which chapters are summarized?
Chapter 5
Uploaded on
September 6, 2022
Number of pages
6
Written in
2021/2022
Type
Summary

Subjects

Content preview

topics s :




Operations
Management and
Production

,introduction Thursday ,
11 November

A ✗
✓ us




My understanding marketing provided with the
terminology to explain the phenomena that is concerned with the
opener : new of has me
marketing

mix In addition it led me to visualize social media platforms as
.

, marketing sites for personal branding product promotion and reviewing
,




services / products .




Operations management is a
high level of
hierarchy which is in
charge of the leadership within a business department such as marketing ,




finance production and human , resources .
Operations are concerned with the flow of the day
-
to -



day running of the business .




they rewords : make sure the company runs
efficiently .




area of management concerned with designing and
controlling the process of production and redesigning business operations in


the production of goods or services .




opener operations designing and controlling of the process of production to make sure that
management is the a
:




company runs efficiently .




Example : Implement a more sustainable approach at production .




-
H.R.


-

Finance and accounting
Marketing
-




-

Production * enter preneur ship .
* location .




*
capital .
* labour .




Wednesday " November



npllledltcliceph methods
-



.





The final choice of production method will be dependent on some factors that include :

⑨ @ the
the type of product being produced , finances of the company ,



⑨ ⑨ the
the target market of the product and its size , objectives of the producer .
R122,18
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