Operations management Essay

Operations are considered important aspects which determine the success of every company as they enhance the success of the production activity and other processes related to the success of firms. The different components of operations include clear objectives, standards related to quality, risk management plans and monitoring processes which will ensure that there is the success of the production process. The components aid in making business activities successful since there are strategies which deal with any unexpected occurrences. Products serve an important function in every firm. They represent the end results of operations that take place in a company. These real products should be acquired from the genuine manufacturers who enhance their quality. The product based companies provide employees with more freedom regarding learning while the service based companies focus on innovations and creativity.