Dear Students, The assignment is an opportunity for you to investigate operation

Question

Dear Students,

The assignment is an opportunity for you to investigate operations management in practice andto carry out deeper investigations. We expect you to demonstrate further reading and investigation – and to compare what you see in your own organization (or an organization of your choice) with what is written in the academic literature.

Assignment Brief

Students should select an organization (which you have access to) and work through the following subheadings relating to operations within the organization. Students should write areport (using the headings below as a guide) discussing the operations of the organization, and making recommendations for improvement.

I have suggested some subheadings to consider under each heading – but these are not exhaustive topics (and you may discuss other things you see as being important). I would advise that you adopt a reasonably formal style and structure for your report. Include conclusions. Students should note that they do not need to look at an entire company but instead maydecide to focus on a particular business unit or operation. For example, the student wants to look at a large international company – but only has access to one part of the organization – this is perfectly acceptable

  Project

Task 1: (500-600 words)                  3 Marks

1.1 Introduction of your selected company         1         

1.1 Definition and importance of Operation Management     0.5

1.2 Key elements of OM    0.5

1.3 Processing of goods within legal and ethical boundaries    0.5

1.4 Role of OM in achieving strategic objectives        0.5

Explanation / Answer

i have chosen ITC for this discussion. they are the one of the largest and best conglomerate firm in India. they operates their business plans good and well. they are producing various kinds of products like tobacco products, confictionary, personal care, house appliances, textiles, hotels and so on. they create high level of business efficiency by using its man power and materials. if there is no proper business maintanance, they may not run in the industry in this speed, and they may strugled alot.

the key elements of the operations management in ITC is- forecasting the business demands, preparing an action plan by considering the needs and reality and executing it in more accurate way.

they create goods or produce goods in most effective way. tobacco goods effects the health of consumers, and they have taken all kinds of licences and doing the business. they purchase quality material from farmers and processed it. leagally they are doing correctly, but ethically it may not correct. crores of people consuming cigars and tobacco products and strugling alot.

to prepare business strategies, targets and policies, operational management helps the firm. by consolidating all the reports and facts, they prepare well for future. all it possible because of effective operations management only.

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