Importance of Business Operations Management
What does Business Operations Management mean? Business operations are the activities that the businesses engage themselves in, regularly to earn more profit and increase their enterprise at the same time. Many activities take place under the name of Business Operations Management; which is conducted by the employees. The general activities involve manufacturing, accounting and, marketing. The heads of each of these departments are accountable to the CEO (Chief Executive Officer), or the President of the company. They all together are responsible for managing the customers, understanding their needs, managing flow of information, assets and; the cash flow along with the capital investments of the company. Operations management is the core function performed by any company. It involves managing all the resources required by the company for the production of its goods or services. That is why no matter what the size of the company may be, it is important to all of them unifo