These IB Business Management notes for unit 5: operations management cover every syllabus point in detail and contain all definitions from the textbook. Covers both SL and HL specifications. Organised, typed and easy to understand.
Operatoon maoagemeot aod ittn relatoonhitp witth other bunitoenn fuoctoon
Efficiency oductcoun eeeoinc custs sts sts wu: sts oustsstsiewe :iww ewo u ciie cusoeooie
ci n ce
Qt wi y e cuuc nc stsediice ststs ee ststi ewe fud e otdoustse in encec
Fwexieiwi y nc innui oun e neec u ceiewuo nc c o u ne: oducestsstsests nc ne:
oductc sts ists incde stsincwy isoud n in uc y'sts cyn sic etstsinestssts eniidunsen
Neec u enststde e ooduodi e qt no y uf e cuuc ud stsediice ists s ce i iw ewe stsu
e s deeonc ceo d sen c n ststccestsstsftwwy stseww i odui ewy
Neec u :ude cwustsewy :i e ts n destsutdcests ceo d sen stsu ooduodi e ntseedsts uf
ststi ewy qt wiiec :udeedsts de esowuyec
Ooed ounsts cecistsiunsts ststc sts exo ncinc c o ci y uten deqtide ftncinc - fdeqten wi istsun
:i e in nce ceo d sen ists estsstseno w
Operatoon maoagemeot ito orgaoitnatoon producitog goodn aodoor nervitcen
T e is ists u cc i wte u e inot sts de eutc in ey e etstsinestssts stsu e deststwonc
ut ot c n ee stsuwc odui
Decdee uf i wte ccec :iww ceoenc un ntseed uf f c udsts
o Destsicn uf oductc ud e n tde uf e stsediice. Pductc sts neec u ooe d u ie ic
qt wi y u ie ic ed odice c dcec. Suse ctsts usedsts de odeo dec u o y ic ed
odicests fud eeted qt wi y oductc sts
o T e efficiency :i : ic e inot destsutdcests de cuseinec nc s n cec. E.c. ey
dectcinc : sts e e uoed ounsts s n cesen ceo d sen :iww incde stse e i wte ccec
ey e oductcoun oducestssts. Incde stsinc oductcoii y dectcests custs sts oed tni incde stsinc
ccec i wte if odicests cun' c nce
o Beinc ewe u cuniince cunststsedsts u o y sude fud e cuuc ud stsediice n e custs
uf e inot sts.
Ooed ounsts oducestssts c n iniuwie s ny sts cests eefude o ystsic wwy stsewwinc e cuuc ud stsediice
incwtcinc
o Cuniedonc cunststsed neec in u oductc c n ee oductcec efficien wy
o Odc nistsinc uoed ounsts stsu oductcoun ists c ddiec ut efficien wy
o Decicinc un ststi ewe oductcoun se ucsts
o Settinc qt wi y sts nc dcsts nc c eceinc ey de s in inec
Restsutdcests
L nc ww etstsinestsstsests neec stsuse: ede u uoed e fdus. Suse etstsinestsstsests deqtide w dce stsi ests
fud e ex d coun uf sined wsts ud e s ntf c tde uf inists ec oductc sts
L eutd ww etstsinestssts coii y deqtidests stsuse w eutd inot ei ed s nt w w eutd ud sen w.
Qt wi y uf w eutd sts stsicniic n iso c un e uoed oun w ststccestssts uf etstsinestssts. T e
effecoienestssts uf w eutd c n tstst wwy ee isoduiec ey d ininc
C oi w defedsts u e uuwsts s c inedy cusot edsts nc u ed eqtiosen etstsinestsstsests tstse
u oductce e cuucsts nc stsediicests ey stseww. C n wstsu se n e sutn e u:nedsts uf
etstsinestssts iniests u stse i to. T e sude oductcoie nc ci ncec e c oi w e cde ed e
c nce uf etstsinestssts ststccestssts.
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