Management theories and principles are important to apply in business operations to promote quality, production, effectiveness and efficiency. Specifically, theories around quality, productivity, effectiveness and efficiency aim to maximize outputs while minimizing inputs through proper workforce, technology, work methods and management. Quality focuses on customer satisfaction while productivity measures output relative to resources. Effectiveness is about achieving goals and strategy while efficiency ensures optimal use of resources and consistent processes.
Management theories and principles are important to apply in business operations to promote quality, production, effectiveness and efficiency. Specifically, theories around quality, productivity, effectiveness and efficiency aim to maximize outputs while minimizing inputs through proper workforce, technology, work methods and management. Quality focuses on customer satisfaction while productivity measures output relative to resources. Effectiveness is about achieving goals and strategy while efficiency ensures optimal use of resources and consistent processes.
Management theories and principles are important to apply in business operations to promote quality, production, effectiveness and efficiency. Specifically, theories around quality, productivity, effectiveness and efficiency aim to maximize outputs while minimizing inputs through proper workforce, technology, work methods and management. Quality focuses on customer satisfaction while productivity measures output relative to resources. Effectiveness is about achieving goals and strategy while efficiency ensures optimal use of resources and consistent processes.
principles are THEORIES AND important to be applied in the PRINCIPLES ARE overall operation of the business APPLIED IN to promote quality, OPERATIONS production, MANAGEMENT effectiveness and efficiency. CONCEPT THEORY •Quality is the totality of features and characteristics of a product or service that bears on its ability to satisfy stated or implied needs (Prentice Hall,2008). It affects company reputation, product liability and global implications. Its key dimensions are performance, features, CONCEPT THEORY •reliability, durability, service ability, aesthetics, perceived quality, and value. These dimensions can be viewed in different, perspectives: user-based, manufacturing-based, and product-based. CONCEPT OF PRODUCTIVITY • According to Inman (2020), productivity is an overall measure of the ability to produce a good or service. More specifically, productivity is the measure of how specified resources are manage to accomplish timely objectives as stated in terms of quantity and quality. CONCEPT OF PRODUCTIVITY • Productivity may also be defined as an index that measures output (goods and services) relative to the input (labor, materials, energy, etc., used to produce the output). Factors that may positively and negatively affect productivity are: workforce, technological changes, CONCEPT OF PRODUCTIVITY •workforce, technological changes ,work methods, procedures, systems, quality of inputs and management, etc. CONCEPT OF EFFECTIVENESS AND EFFICIENCY • According to Nyarko (2014) effectiveness is about doing the right things while effectiveness is about doing thing right. To do so, working pace, organization and space are the significant factors that should be considered. Moreover, effectiveness measures the actual output CONCEPT OF EFFECTIVENESS AND EFFICIENCY •versus desired output , consider long term strategy, have or innovative ways of working, and focuses on the results. On the other hand, efficiency aims to get the maximum output with minimum input, takes into consideration the present state, doing things consistently CONCEPT OF EFFECTIVENESS AND EFFICIENCY •and focuses on the process. THANK YOU GOD BLESS YOU ALL