Unit 5.1

Question 1

Nature of OM?

Answer 1

Inputs and outputs

Question 2

Concerns of OM?

Answer 2

Flexibility + Innovation = the need to develop and adapt to new processes and new products.
Quality = g+s must be suitable for purpose intended.
Efficiency of production = keeping costs as low as possible (competitive advantage)

Question 3

Interdependence and cooperation

Answer 3

OM can never make decision in isolation from the rest of the bus. (strong relationship with other bus. functions)

Question 4

Adding Value

Answer 4

Inputs are transformed into outputs = ‘transformation process’.
Adding value to input so output can be sold at a profit.

Question 5

Ecological sustainability
Social Sustainability
Economic sustainability

Answer 5

Ecological sustainability = reduce waste, use less energy, use renewable sources, and recycled materials.
Social sustainability = safe and healthy environment, allowing social interaction, creating jobs in deprived areas.
Economic sustainability = maintaining assets such as equipment, machinery + buildings, increase efficiency to improve competitiveness, R&D products.