Sunday, June 16, 2019
Operations Management Essay Example | Topics and Well Written Essays - 250 words
Operations Management - Essay ExampleIndeed, in highly matched environment, consumers role has become more distinct in the wider context of business goals. The businesses which cater to the ever-changing require of the consumers are better equipped to sustain their trade position. For example, tourism is now called leisure market because people not only prefer to visit places but also want to be entertained with creative travel schedule that is better able to satisfy their aesthetic, mental and physical needs. Hence, transformation process applies to both ingenuouss and services as consumers changing preferences for goods and service needs to be met by the businesses.Data is vital part of process mainly due to the fact that manipulation of data considerably helps to facilitates informed choices. A good database creates new opportunities for expanding business and improving business productivity. It helps to understand the changing trends in the preferences of the people, resulti ng in new products development and value addition to the existing products that meet the changing requirements of the consumers. (words
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