Business operations are those ongoing recurring activities involved in the running of a business for the purpose of producing value for the stakeholders. Operations management is an area of business that is concerned with the production of good quality goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. It is the management of resources, the distribution of goods and services to customers, and the analysis of queue systems.
IT plays a major role in design engineering, industrial engineering, management information systems, quality management, production management, inventory management, accounting, and other such functions that constitute Operations Management. |
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