Explanation:
computers have changed the way people relate to one another and their living environment as well as how humans organise their work and their time
Answer: D. OM plays an equally important role in both manufacturing and services
Explanation: Operations management is the activity carried out for production in terms of development and coordination, with the objective of achieving competitive advantages.
Therefore, it is indifferent if a company operates in a manufacturing or service company, because the functions of the operations manager will be the same and will have the same relevance.
Example: An operations manager of a clothing factory will have the same functions as a manager in an airline, what will differentiate the goals will be the activities of the company.
The correct option is B.
Investment in real estate can be categorized as direct and indirect investment. An indirect investment in real estate is one in which the investor buy shares in a privately or publicly owned company. Indirect real estate property investment give the investors the opportunity to invest in real estate through the mean of buying shares from appropriate institutions.
Answer:
Following are the four ways for improving the productivity of the labour is given below
Explanation:
- If we give the proper resource assignment to each worker at the proper time we will increase the productivity of the labor .
- Increasing the skills by guiding the labor to the latest technology so they know the latest or the current technology they will increase the productivity .
- If we enhancing the physical capital it means if we dependent on the machinery they will increase the productivity .
- Giving the incentive to labor at the particular interval of time we will increase the productivity.
Answer:
d. Low levels of job specialization
Explanation:
Firms that pursue cost advantage have effective & efficient management techniques.
Employee remuneration based upon individual productivity , Frequent performance reporting , High levels of outsourcing : are all important for proper management of firms to achieve cost advantage.
However, proper effective & efficient management cant be achieved without proper division of labour & specialisation of job. So, firms pursuing cost advantage have all features in their systems except 'Low levels of job specialization'