Compare and contrast the research and development and the operations functions of a business
What will be an ideal response?
Answer: Products are conceived and designed through research and development (R&D), sometimes known as product design or engineering. It creates the goods and services that a company can manufacture or perform for its customers. Companies can also engage in process R&D to design new and better ways to run their operations.
Manufacturing, production, or operations is that part of the company where the firm makes whatever it makes or performs whatever services it performs. In addition to supervising the actual production activity, operations managers are responsible for a wide range of other strategies and decisions, including purchasing (arranging to buy the necessary materials for manufacturing), logistics (coordinating the incoming flow of materials and the outgoing flow of finished products), and facilities management (everything from planning new buildings to maintaining them).
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Janet mused to herself, "It has taken over 30 years, but I've finally been named CEO of a major firm. Now, I can concentrate on what I really want to do as a(n) ________ manager, to focus on the survival, growth, and overall effectiveness of our firm."
A. middle B. tactical C. external D. internal E. strategic
The items listed below are stored in a one-dock warehouse. In what order should they be placed in the warehouse (moving from closest to the dock to furthest away from the dock)?
Item Trips Area Needed (Blocks) A 400 80 B 210 7 C 720 72 D 90 10 E 240 30 A) A-E-D-C-B B) C-A-E-B-D C) A-C-E-D-B D) B-C-D-E-A E) D-B-E-A-C
When a variable’s outcomes take on numerical values that can be counted , the variable is known as a(n) ______.
a. discrete random variable b. random variable c. continuous random variable d. independent variable
Which of the following phenomena would be most likely to occur if the project team did NOT have clear and commonly understood project goals?
A) The motivation level of team members would increase. B) Conflict among team members would increase. C) The level of trust among team members would increase. D) The interdependency among team members would increase.