Answered: Ooredoo is a business in oman, based on…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Related questions

Question

Ooredoo is a business in oman, based on ooredoo answer the following: 2. Write about the nature of the business (what they do, which sector they belong, what are the processes in the business, etc.) 3. Perform a risk assessment for the business: a. Identify at least five risks for the business in connection with their objectives b. Assess these risks what is the likelihood of these risks occurring given the current situation? C. Suggest ways how these risks can be managed by the business

Expert Solution

Step 1

Note: “Since you have asked multiple questions, we will solve the first question for you. If you want any specific question to be solved then please specify the question number or post only that question.”

A Small Introduction about Operation Management

Operations management (OM) is the association of key arrangements to make the main degree of efficiency possible inside an affiliation.
It is worried about changing over materials and works into labor and products as productively as conceivable to boost the benefit of an association.
Operations management is an area of management worried about planning and controlling the course of creation and overhauling business operations in the development of labor and products.
The operations work requires management of both the vital and everyday creation of labor and products.