Managing Business Activities to Achieve Results Essay - 2

Managing Business Activities to Achieve Results - Essay ExampleTwo crucial functions in the McLarens business operations outline are R&D and Operations. Whereas the operations function is concerned with the transformation of resources into products, the R&D function concerns itself with the innovation and development of new technologies/product lines. The twain functions work hand in hand in delivering quality products that are relevant to the fast changing market demand. This is consistent with McLarens strategic devise of constantly introducing new models or derivatives every year.Q1.2 With the main objective of the operations function being creation and delivery of goods & services with customers needs in mind, it is authoritative for McLaren to analyze whether it is consistently achieving the same. An Inputs-Outputs transformation model is a systematic rise to operations management. This system is important operations managers at McLaren considering that the organization aims at attaining private-enterprise(a) advantage through early introduction of new models or derivatives in the marketplace.Operations have three components i.e. inputs, transformation process and outputs. The transformation process refers to all told activities involved in the conversion of inputs through value addition into outputs that satisfy customer needs. There are three resource types that may be change in the process of operations. Materials include the rubber and other physical inputs, information may include the innovations availed through R&D and customers include but not limited to companies involved in formula one racing. Proper utilization of materials, information and understanding of customer needs, therefore, enables organizations effectively achieve their operational goals. McLaren has invested heavily in R&D and this makes it compete favorably among peers in the marketplace.Q1.3 One manufacturing strategy used todetermine and manage interactions between different organizational systems is the process approach to quality.