Examlex
The traditional role of an operations manager is to ensure the timely production and delivery of the right product at the right quality and price.With globalisation and the increasing use of outsourcing and production alliances,the role for some operational mangers has:
External User
Individuals or entities outside of a company who use its financial statements and reports for decision making, such as investors or creditors.
Internal User
Individuals within an organization, such as managers and employees, who use financial information to make decisions related to their roles.
Relevance To Decision
The importance of information in influencing or making a decision; relevant information affects the outcome of the decision-making process.
Management Function
Essential activities including planning, organizing, leading, and controlling that are performed to achieve business objectives.
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