OPERATIONS MANAGEMENT CUSTOM ACCESS
OPERATIONS MANAGEMENT CUSTOM ACCESS
11th Edition
ISBN: 9780135622438
Author: KRAJEWSKI
Publisher: PEARSON EDUCATION (COLLEGE)
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Chapter 10, Problem 1VC
Summary Introduction

Interpretation: The inputs required in the planning process with from accounting/finance, marketing, information systems, operations etc. and when.

Concept Introduction: When someone or an organization wants to do something; this something is to be planned for what activities are to be carried out; what resources shall be required and what results are expected etc. All this is called planning which is forerunner to any activity/action. This is a fundamental management process and determines the success or otherwise of the project/work/organization.

Planning can be for short term, mid-term or long-range.

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