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Report - Management & Operations.docx - CECOS College...

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CECOS College LondonManagement & OperationsTask 2Assignment on LO2, LO3, LO4Submitted by: Vanya OvcharovaStudent ID: CCL-20-249Group: May20B1
Learner Assessment Submission and DeclarationWhen submitting evidence for assessment, you must sign a declaration confirming that thework is your own.Learner name:Vanya Koeva OvcharovaAssessorname:Issue date:14/9/2020Submission date:13/12/2020Submitted on:12/12/2020Programme:BTEC Higher National Certificate in BusinessUnit:Learner signature:Vanya OvcharovaDate:12/12/20202
Table of ContentsIntroduction……………………………………………………………………...4LO2……………………………………………………………………………..P2:How the role of a leader and the function of a manager apply in various contexts……...4P3:The application of different theories and models of approach, including situationalleadership, systems leadership and contingency……………………………………………...5LO3…………………………………………………………………………….P4:Key approaches to operations management and the role that leaders and managersplay……………………………………………………………………………………………6P5:The importance and value of operations management in achieving businessobjectives…………………………………………………………………………………….. 8LO4…………………………………………………………………………….P6:Factors within the business environment that impact upon operational management anddecision-making by leaders and managers…………………………………………………...9Conclusion……………………………………………………………………...10References……………………………………………………………………...113
IntroductionOperations management is part of the management of goods or facilities involved inthe preparation and the process of manufacture and restructuring company operations. Itincludes ensuring that activities are cost-efficient in victimization, as few services as areneeded and effective in satisfying consumer needs.Operation management is mainlyresponsible for the creation, coordination and management of the contexts of distribution,production or provision of services. It is responsible for managing a whole system ofmanufacture or service which transforms inputs (in the format of raw materials, manpower,consumers and energy) into outputs (in the form of products and services for consumers). Inthis report the company that is taken as example is Amazon. Established on July 5, 1994, byJeff Bezos, near Bellevue, Washington, it is known as an American international technologycorporation that specializes towards e-commerce, digital streaming, cloud commuting as wellas intelligent systems. In this modern world, the company has the best economic power andcultural support throughout the world and is considered as one of the top five firmsthroughout the United States.LO2P2:How the role of a leader and the function of a manager apply in various contextsIn any organization, the manager's job is of most importance. He is a planner,coordinator, producer, and marketer. The success of the company is highly dependent on theskill capacity the manager possesses in utilizing the resources for achieving business goals. Inthe task of creating wealth, the manager is a pivotal figure. We live in a fast-evolving time

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