VCE Stuff > VCE Business Management
study design question
elaine:
--- Quote from: daniel99 on May 12, 2008, 09:13:53 am ---
However, it was in the study design so i thought that I ahould atleast have an understanding of what it envolved.
Thanks
--- End quote ---
Yeah definetely! I remember freaking out about it last year coz it wasn't even in the stupid textbook
jsimmo:
Hey, i'm just having trouble with these SD key knowledge for U3 AOS3:
• operations function and its relationship to business objectives and business strategy;
I understand the 'business objectives and business strategy' part but what exactly is an operations 'function'?
My response: Operations management refers to the task of managing the process that transforms resources into finished goods and/or services. (I am not to sure if this is what the dot point is asking)
• characteristics of operations management within a range of organisations;
Is this basically referring to the way different organisations manage their resources differently (example: a goods provider will be different to that of a service provider).
• operations, productivity and business competitiveness in terms of cost, quality and delivery;
Is this what it means: The operations manager is trying to increase productivity in order to become more competitive.. blah blah.. if the operations are being managed efficiently, then costs will be minimised, the quality of the product should increase and delivery times and accuracy should improve..
Any help would be greatly appreciated! Thanks.
elaine:
--- Quote from: jsimmo on July 01, 2008, 12:17:06 pm ---Hey, i'm just having trouble with these SD key knowledge for U3 AOS3:
• operations function and its relationship to business objectives and business strategy;
I understand the 'business objectives and business strategy' part but what exactly is an operations 'function'?
My response: Operations management refers to the task of managing the process that transforms resources into finished goods and/or services. (I am not to sure if this is what the dot point is asking)
--- End quote ---
hmm the operations 'function' is a bit ambigous, but i am thinking that it is referring to the operations elements- someone correct me if i am wrong.
essentially, the dot point is asking- how do the management of the inputs, processes and outputs aid the business into achieving its business objectives? For example, careful monitoring of the quality of the inputs and processing stage will result in high quality outputs (products) and minimise defective products, which may be one of the businesses' aims.
also, it may also be referring to what strategies can be utilised (in relation to the inputs, processes and outputs) to achieve the businesses objectives? this is where you can talk about facilities design and layout, materials management, technology, quality management.
but again, i am reallly unsure and am just guessing- best be clarifying with your teacher :)
--- Quote from: jsimmo on July 01, 2008, 12:17:06 pm ---
• characteristics of operations management within a range of organisations;
Is this basically referring to the way different organisations manage their resources differently (example: a goods provider will be different to that of a service provider).
--- End quote ---
yes, this is what i would assume. def need to know one organisation that deals with products and one that is a service organisation and how the 4 OM strategies are implemented in each. i used rip curl and village.
--- Quote from: jsimmo on July 01, 2008, 12:17:06 pm ---
• operations, productivity and business competitiveness in terms of cost, quality and delivery;
Is this what it means: The operations manager is trying to increase productivity in order to become more competitive.. blah blah.. if the operations are being managed efficiently, then costs will be minimised, the quality of the product should increase and delivery times and accuracy should improve..
--- End quote ---
yes this is what they are asking for, and don't forget to think about how the OM is trying to increase productivity- these strategies are of the essence of OM
i hope that was a little helpful, i'll dig up my notes to see what i wrote (although i didn't use the study design, so no guarantee that i have anything on those points lol)
costargh:
Thanks for addressing those points jsimmo brought up elaine =)
Do you have any info on RipCurl and Village?
We looked at RipCurl but I kinda wasnt paying much attn (we watched a dvd thingo on it)
Nick:
--- Quote from: costargh on July 01, 2008, 08:47:33 pm ---We looked at RipCurl
--- End quote ---
That is the most painful DVD I have ever seen.
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