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- 2. Explain the nature and role in the firm of the following functional areas of management, th 1.1 Human Resource Management 1.2 Marketing Management 1.3 Operations Management 1.4 Financial Management 1.5 Information and Communication Technology ManagementOperations management j obs comprise appnximately __ %of all jobs.1. Operations management pertains to the process that includes managing the operation and process within an organization. With effective and adequate operations management, there is much more accountability and accuracy for successful delivery of a product or project. While operations management has aided production facilities immensely, there are still some current challenges that are faced that are holding them back. The contemporary operations management faces a number of challenges that need to be addressed. With one example each describe the challenges of contemporary operations management. 2. Operations strategy formation can be interpreted as an ongoing practical, distributed social activity of network (re)formation. Specific initiatives, or events, act as agents for the association of operations strategy with corporate strategy which facilitate the current and future alignment of strategic content. Carefully demonstrate the similarities and differences between corporate and…
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- A) Contrast the terms strategies and tactics.B) Contrast organization strategy and operations strategyEvaluate what are the needs, wants, demands of deliveroo's customer, Evaluate the deliveroo's business through a ''Jobs to be done"33 The business function is defined as "planning, organization, execution, coordination and control activities in order to bring together the materials, machinery and human resources in the hands of the enterprise in a way that will ensure that a certain amount of goods or services are produced at the desired quality, at the desired time and at the lowest possible cost". which one? a) Production B) Financing NS) Human Resources D) Marketing TO) management