What is noun? What are the types of noun?

Noun is a naming word.
In another words, Noun is a word that refers the name of any person, place or thing.
Noun can be divided into five types.
1. Proper Noun: Proper noun is the particular name of person and place.
 Example: Rita is a meritorious girl.
Here Rima is a proper noun.
2. Common Noun: Common noun refers to the specific class or nation of person and place.
Example: Rima is a meritorious girl.
Here girl is a common noun.
3. Collective Noun: Collective noun refers to a group or collection of similar individuals or animals.
Example: Julekha is the first girl in the class.
Here class is collective noun.
4. Material Noun: Material noun refers to the element of which things are made.
Example: This ring is made of gold.
Here gold is material noun.
5. Abstract Noun: Abstract noun is the name of  quality, action or state considered apart from the state to which it belongs.
Example: Honesty is the best policy.
Here honesty is abstract noun.

What is operations strategy?

      The definition of operations strategy?

Operations strategy is concerned with setting broad policies and plans for using the resources of a firm to best support its long term competitive strategy.

A firm’s operations strategy is comprehensive through its integration of a process and the infrastructure needed to support the process.

An operations strategy involves decisions that relate to the decision of a process and the infrastructure needed to support the process.

Operations strategy can be viewed as part of a planning process that coordinates operational goals with those of the larger organization.

Define Just-In-Time (JIT) system. State its merits and demerits.

   Define Just-In-Time (JIT) system. State its merits and demerits.

Just in time (JIT) means producing what is needed when needed and no more.

W.J.Stevension, “Just-In-Time (JIT) is a highly co-coordinated processing system on which goods move through the system and services are performed just as they are needed”.

So, a Just-In-Time (JIT) inventory system is one in which the inventory arrives only shortly before it is needed. Many large companies use this types of inventory system as opposed to warehousing large amounts of inventory at all times.

This kind of inventory can present your business with some merits but it also comes with a few potential demerits.

Mention different management decisions under operations functions.

    Mention different management decisions under operations functions.

With in the operations function, management decisions can be divided into three broad categorized.

Strategic (long-term) decisions: Operations management decisions at the strategic level affect the company’s long-range effectiveness in terms of how it can address its customers’ needs. Thus, for the firm to succeed, these decisions must be in alignment with the corporate strategy.

Tactical (intermediate-term) decisions: At the next level in the decision-making process, tactical planning primarily addresses how to efficiently schedule material and labor within the constraints of previously made strategic decisions.

Operational planning and control (short-term) decisions: The tactical decisions become the operating constraints under which operational planning and control decisions are made. Management decisions with respect to operational planning and control are narrow and short term by comparison.

Discuss the differences between services and goods.

     The differences between services and goods.

Goods and services are different in nature. Different techniques must be employed in order to evaluate the two concepts.

Points of differences	Goods	Services
Definition	Goods are an entity that can be consumed by the consumer.	Services are defined as something that a person does for another.
Nature	Goods are tangible in nature.	Services tend to be intangible in nature.
Example	An example of goods is a book or food.	Fixing another person’s car or completing some handiwork in the house would be classed a service.

What is transformation process? What are the types of transformation process?

  The definition and kinds of transformation process.

Transformation processes are used in all types of business. A transformation process uses resources to convert inputs into some desired output. Transformation process can be categorized as follows:

·                    Physical (as in manufacturing).

·                    Location (as in transportation).

·                    Exchange (as in retailing).

·                    Storage (as in warehousing).

·                    Physiological (as in health care).

·                    Informational (as in telecommunications).

These transformations are not mutually exclusive. For example, a department store can (1) allow shoppers to compare prices and quality (informational), (2) hold items in inventory until needed (storage), and (3) sell goods (exchange).

Distinguish between Operations management and management.

            The distinctions between Operations management and management.

Operations Management	Management
Operations management is defined as the design, operation and improvement of the systems that create and deliver the firms primary products and services.	Management is a system comprises of some functions- planning, organizing, leading and controlling.
Operations management is a functional field of business with clear line management responsibility.	Management is a group effort to achieve objectives under the leadership of managers.

Discuss the current issues in operations management.

                 The current issues in operations management. 

Operations Management is a dynamic field, and challenges presented by global enterprise present exciting new issues for operations managers. The present issues are

1.Coordinating the relationships between mutually supportive but separate organizations: The ability to coordinate information systems, product development and design, engineering services, packaging, testing, and distribution is significant challenge for the operation manager of the future.

Discuss the core services and Value added services.

   Explain the concept of “operations as service”

Or. Discuss the core services and Value added services.

In manufacturing, services can be divided into Core services and Value added services.

Core Services: The core services customers want are products that are made correctly, customized to their needs, delivered on time, and priced competitively. This are summarized as Quality, Flexibility, Speed and Price.

Quality: Make a great product or deliver a great service. There are two characteristics of quality; design quality and process quality.

Explain the historical development of operations management.

   The historical development of operations management.

==== Operations related concepts have been popular since the 1980s.

In the late 1950s and early 1960s, scholars began to deal specifically with operations management as opposed to industrial engineering or operations research.

In 1973, Chase and Aquilano’s first edition of this book stressed the need “to put the management back in operations management”. Bob Jacob joined the book team in 1997.

State the importance of operations management in the corporate effectiveness.

 The importance of operations management in the corporate effectiveness.

**** A business education is incomplete without an understanding of modern       approaches to managing operations.

***** Operations management provides a systematic way of looking at organizational process.

***** Operations management presents interesting career opportunities.

***** The concepts and tools of Operations management are widely used in managing other functions of a business.

What is operations management?

     operations management

==== Like marketing and finance, operations management is a functional field of business with clear line management responsibility.

Chase & Jacobs, “Operations Management (OM) is defined as the design, operation and improvement of the systems that create and deliver the firm’s primary products and services”.

Business Dictionary, “Operations Management is the design, execution and control of operations that convert resources into desired goods and services, and implement a company’s business strategy”.

How to write a job bangla application?

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What Is Technical Feasibility?

Technical feasibility is attainability of a system using currently existing technology. Technical feasibility takes into account whether the required technology is available or not and whether the required resources are available in terms of manpower and equipment.

Technical feasibility involves hardware and software together. You have to identify that if you want to give Ipad 2 for every student in the whole school, you have to ask questions

Technical feasibility simply means if the product or design can be made. Economic feasibility means if it can be made for a price that it can be sold at a reasonable profit.

What is Break-Even Analysis?

Break-Even Analysis

Break-even analysis is a technique for analyzing how revenue, expenses and profit vary with changes in sales volume. One useful tool in tracking your business's cash flow is a break-even analysis. It's a fairly simple calculation and can prove very helpful in deciding whether to make an equipment purchase or in knowing how close you are to your break-even level. Here are the variables needed to compute a break-even sales analysis:

• Gross profit margin
• Operating expenses (less depreciation)
• Annual debt service (total monthly debt payments for the year)

 What Is the Definition of Network Analysis?

Network analysis is the general name given to particular techniques which can be used for the planning, management and control of projects. It is the breaking down a complex data of a project into its component parts and plotting them to show their inter-dependencies and interrelationships.

What is working capital?

1. What is working capital?

Working capital (WC) is a financial metric which represents operating liquidity available to a business, organization or other entity, including governmental entity. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. Gross working capital equals to current assets. Net working capital (NWC) is calculated as current assets minus current liabilities.^[1] It is a derivation of working capital, that is commonly used in valuation techniques such as DCFs (Discounted cash flows). If current assets are less than current liabilities, an entity has a working capital deficiency, also called a working capital deficit.

Difficulties in learning a second language.

What are the difficulties in learning a second language? Clearly one of the main difficulties is that usually the learner does not live in an environment where the second language is commonly spoken. |The language may be used in special language may be used in special language classes or even as a medium of instruction in school, but generally only a fairly small proportion of the learner's time is spent in using it.Another difficulty is that of 'interference' between the learner's mother tongue and the second language. Interference is perhaps most noticeable in pronunciation, but also affects the learner's understanding so another language then is clearly not easy. It requires interest, persistence the confidence to make mistake sand the determination to correct them.