What is a form of business that combines and transforms resources into tangible outcomes that are then sold to others?

The Importance of Operation

Operations is an importance functional concern for organizations because efficient and effective management of operations goes a long way toward ensuring competitiveness and overall organizational performance, as well as quality and productivity

Manufacturing and Production Operation

Manufacturing is a form of business that combines and transforms resources into tangible outcomes that are then sold to others.

Service Operations

An organization that transforms resources into an intangible output and creates time or place utility for its customers

The Role of Operations in Organizational Strategy

Beyond its direct impact on such factors as competitiveness, quality, and productivity, it also directly influences the organization’s overall level of effectiveness.

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