APA format is required. References should be listed immediately after the questi

Question

APA format is required. References should be listed immediately after the question that is being answered. Each question lists a minimum number of unique scholarly references; the textbook is considered one unique reference (per question) regardless of how many times it is used. All references should be from the years 2007 to present day. Review the rubric that will be used to evaluate this paper. All work must be completed individually. 1. Why is operations management important in all types of organizations? Use at least two unique references. Length: 4-5 paragraphs. 2. How is operations performance judged at a strategic level? Use at least two unique references. Length: 4-5 paragraphs. 3. How can operations strategy form the basis for operations improvement? Use at least two unique references. Length: 4-5 paragraphs. 4. What are the stages of product and service innovation? Use at least two unique references. Length: 4-5 paragraphs

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Answers)

1. Why is operations management important in all types of organizations? Use at least two unique references. Length: 4-5 paragraphs.

Answer)

Operations are the activity or set of activities where it is required to create and deliver the products and services to the customers. Thus managing operations management is crucial to the organizations and thus operations management is very important for organizations.

Operations Management oversees activities such as the creation of the product, development, production, and distribution, managing the purchases, inventory control, quality control, storage, logistics, and evaluation.

Operations management will be the key to the success of an organization in a service based scenario as well as a product based scenario.

2. How is operations performance judged at a strategic level? Use at least two unique references. Length: 4-5 paragraphs.

Answer)

Operations performance at strategic levels will be the methods the companies use to reach the objectives and by using the operational strategies the company examines, implements effective and efficient systems for utilizing the resources, personnel and the process of the work.

Operations performance is judged at the strategic level using various strategies such as :

Corporate Strategy

Customer-driven Strategies

Developing Core Competencies

Competitive Priorities

Product and Service Development

3. How can operations strategy form the basis for operations improvement? Use at least two unique references. Length: 4-5 paragraphs.

Answer)

Operations strategy can form the basis of the operations improvement using various strategies such as the Corporate Strategy, Customer-driven Strategies, Developing Core Competencies, Competitive Priorities, and Product and Service Development to support the mission of the organization and also to support the overall corporate strategy.

Thus operations strategy form the basis for operations improvement where the different strategies improve the organizational performance and better functioning of the organization. Thus operations improvement improving the processes related to the organization's functioning is very important.

4. What are the stages of product and service innovation? Use at least two unique references.

Answer)

Product and service innovation is the innovation in terms of the development of the product, the inclusion of current and future technologies to develop the products, align their policies, processes of the market to engage in continuous innovation and thus continuously acquire knowledge and look for opportunities to develop and innovate.

The stages of product and service innovation will be:

Understand the requirements of customer and market

Develop new product/services

Move into new markets

Create a new business model

Optimize the value chains (new and existing)

Develop the skills and methods for sustained innovation

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