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Operations Management
Operations management is concerned with designing and controlling the production (economics), production of good (economics), goods and service (economics), services, ensuring that businesses are efficiency, efficient in using resources to meet customer requirements. It is concerned with managing an entire production system that converts inputs (in the forms of raw materials, Manual labour, labor, consumers, and energy) into outputs (in the form of goods and services for consumers). Operations management covers sectors like banking systems, hospitals, companies, working with suppliers, customers, and using technology. Operations is one of the major functions in an organization along with supply chains, marketing, finance and human resources. The operations function requires management of both the strategic and day-to-day production of goods and services. In managing manufacturing or service operations, several types of decisions are made including operations strategy, product ...
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Product Design
Product design is the process of creating new Product (business), products for businesses to sell to their customers. It involves the generation and development of ideas through a systematic process that leads to the creation of innovative products. Thus, it is a major aspect of new product development. ''Product design process:'' The product design process is a set of strategic and tactical activities, from idea generation to commercialization, used to create a product design. In a systematic approach, product designers conceptualize and evaluate ideas, turning them into tangible inventions and products. The product designer's role is to combine art, science, and technology to create new products that people can use. Their evolving role has been facilitated by Digital data, digital tools that now allow designers to do things that include communicate, visualize, analyze, 3D modeling and actually produce tangible ideas in a way that would have taken greater human resources in the p ...
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Cyropedia
The ''Cyropaedia'', sometimes spelled ''Cyropedia'', is a partly fictional biography of Cyrus the Great, the founder of Persia's Achaemenid Empire. It was written around 370 BC by Xenophon, the Athenian-born soldier, historian, and student of Socrates. The Latinized title ''Cyropaedia'' derives from the Greek ''Kúrou paideía'' (), meaning The Education of Cyrus. Aspects of it would become a model for medieval writers of the genre mirrors for princes. In turn, the ''Cyropaedia'' strongly influenced the most well-known but atypical of these, Machiavelli's ''The Prince'', which fostered the rejection of medieval political thinking and development of modern politics. Format In substance, the ''Cyropaedia'' is a narrative describing the education of the ideal ruler. It has been interpreted as an early novel, a biography, and a manifesto on leadership. The work is intended to communicate political and moral instruction to its audience, most of whom would have been Athenian elites. ...
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Ancient Greece
Ancient Greece () was a northeastern Mediterranean civilization, existing from the Greek Dark Ages of the 12th–9th centuries BC to the end of classical antiquity (), that comprised a loose collection of culturally and linguistically related city-states and communities. Prior to the Roman period, most of these regions were officially unified only once under the Kingdom of Macedon from 338 to 323 BC. In Western history, the era of classical antiquity was immediately followed by the Early Middle Ages and the Byzantine period. Three centuries after the decline of Mycenaean Greece during the Bronze Age collapse, Greek urban poleis began to form in the 8th century BC, ushering in the Archaic period and the colonization of the Mediterranean Basin. This was followed by the age of Classical Greece, from the Greco-Persian Wars to the death of Alexander the Great in 323 BC, and which included the Golden Age of Athens and the Peloponnesian War. The u ...
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Xenophon
Xenophon of Athens (; ; 355/354 BC) was a Greek military leader, philosopher, and historian. At the age of 30, he was elected as one of the leaders of the retreating Ancient Greek mercenaries, Greek mercenaries, the Ten Thousand, who had been part of Cyrus the Younger's attempt to seize control of the Achaemenid Empire. As the military historian Theodore Ayrault Dodge wrote, "the centuries since have devised nothing to surpass the genius of this warrior". For at least two millennia, it has been debated whether or not Xenophon was first and foremost a general, historian, or philosopher. For the majority of time in the past two millennia, Xenophon was recognized as a philosopher. Quintilian in Institutio Oratoria, ''The Orator's Education'' discusses the most prominent historians, orators and philosophers as examples of eloquence and recognizes Xenophon's historical work, but ultimately places Xenophon next to Plato as a philosopher. Today, Xenophon is recognized as one of the gr ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ...
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Projects
A project is a type of assignment, typically involving research or design, that is carefully planned to achieve a specific objective. An alternative view sees a project managerially as a sequence of events: a "set of interrelated tasks to be executed over a fixed period and within certain cost and other limitations". A project may be a temporary (rather than a permanent) social system (work system), possibly staffed by teams (within or across organizations) to accomplish particular tasks under time constraints. A project may form a part of wider programme management or function as an ''ad hoc'' system. Open-source software "projects" or artists' musical "projects" (for example) may lack defined team-membership, precise planning and/or time-limited durations. Overview The word ''project'' comes from the Latin word ''projectum'' from the Latin verb ''proicere'', "before an action", which in turn comes from ''pro-'', which denotes precedence, something that comes before ...
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Control (management)
Control is a function of management that helps identify errors and take corrective actions. This is done to minimize deviation from standards and ensure that the stated goals of the organization are achieved effectively. According to modern concepts, control is a proactive action; earlier concepts of control were only used when errors were detected. Control in management includes setting standards, measuring actual performance, and taking corrective action in decision making. Definition In 1916, Henri Fayol formulated one of the first definitions of control as it pertains to management: According to Edward Francis Leopold Brech, E. F. L. Brech: According to Harold Koontz: According to Stafford Beer: Robert J. Mockler presented a more comprehensive definition of managerial control: Control can also be defined as "that function of the system that adjusts operations as needed to achieve the plan, or to maintain variations from system objectives within al ...
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Planning
Planning is the process of thinking regarding the activities required to achieve a desired goal. Planning is based on foresight, the fundamental capacity for mental time travel. Some researchers regard the evolution of forethought - the capacity to think ahead - as a prime mover in human evolution. Planning is a fundamental property of intelligent behavior. It involves the use of logic and imagination to visualize not only a desired result, but the steps necessary to achieve that result. An important aspect of planning is its relationship to forecasting. Forecasting aims to predict what the future will look like, while planning imagines what the future could look like. Planning according to established principles - most notably since the early-20th century - forms a core part of many professional occupations, particularly in fields such as management and business. Once people have developed a plan, they can measure and assess progress, efficiency and effectiveness. As circu ...
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Egyptians
Egyptians (, ; , ; ) are an ethnic group native to the Nile, Nile Valley in Egypt. Egyptian identity is closely tied to Geography of Egypt, geography. The population is concentrated in the Nile Valley, a small strip of cultivable land stretching from the Cataracts of the Nile, First Cataract to the Mediterranean Basin, Mediterranean and enclosed by desert both to the Eastern Desert, east and to the Western Desert (North Africa), west. This unique geography has been the basis of the DNA history of Egypt, development of Egyptian society since Ancient Egypt, antiquity. The daily language of the Egyptians is a continuum of the local variety of Arabic, varieties of Arabic; the most famous dialect is known as Egyptian Arabic or ''Masri''. Additionally, a sizable minority of Egyptians living in Upper Egypt speak Sa'idi Arabic. Egyptians are predominantly adherents of Sunni Islam with a small Shia minority and a significant proportion who follow native Sufi tariqah, orders.Hoffman, Val ...
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Sumer
Sumer () is the earliest known civilization, located in the historical region of southern Mesopotamia (now south-central Iraq), emerging during the Chalcolithic and Early Bronze Age, early Bronze Ages between the sixth and fifth millennium BC. Like nearby Elam, it is one of the Cradle of civilization, cradles of civilization, along with ancient Egypt, Egypt, the Indus Valley Civilisation, Indus Valley, the Erligang culture of the Yellow River valley, Caral-Supe civilization, Caral-Supe, and Mesoamerica. Living along the valleys of the Tigris and Euphrates rivers, Sumerian farmers grew an abundance of grain and other crops, a surplus of which enabled them to form urban settlements. The world's earliest known texts come from the Sumerian cities of Uruk and Jemdet Nasr, and date to between , following a period of proto-writing . Name The term "Sumer" () comes from the Akkadian Empire, Akkadian name for the "Sumerians", the ancient non-Semitic languages, Semitic-speaking inhabitan ...
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Inventory Control
Inventory control or stock control is the process of managing stock held within a warehouse, store or other storage location, including auditing actions concerned with "checking a shop's stock". These processes ensure that the right amount of supply is available within a business. However, a more focused definition takes into account the more science-based, methodical practice of not only verifying a business's inventory but also maximising the amount of profit from the least amount of inventory investment without affecting customer satisfaction. Other facets of inventory control include forecasting future demand, supply chain management, production control, financial flexibility, purchasing data, loss prevention and turnover, and customer satisfaction. An extension of inventory control is the inventory control system. This may come in the form of a technological system and its programmed software used for managing various aspects of inventory problems, or it may refer to a method ...
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