Give theree important characteristics of Bureaucratic Management

Provide 5 principles of Taylorism

A period of transition from manual production methods to new manufacturing processes that stated in the late 18^th century

Figuring out the exact steps needed to be carried out so that the organization meets its business goals in Operations Management

Helping create and optimize budgets, scheduling equipment maintenance, ensuring that the employees are following, etc.

In the importance of Operations Management, the operations manager optimizes and improves processes that have heavy impact on the product or service.

Give the 3 importance of Operations Management, which improves the processes that have a heavy impact on the product/service.

The company meets the target or make above the target income.

Provide 5 types of organization

This refers to be a party that has an interest in a company, and can either affect or be affected by business

This force refers to the government regulations, political institutions, and trade policies affecting the business

Give 3 features of market structure

Describe & Differentiate - Monopoly and Oligopoly (5 pts)

Discuss briefly the principle of Supply and Demand

Discuss Research and the qualities of a good research