Question

Explain the operation(Operations- activities involved in producing and delivering goods and services to the customer) and production(Production -- The creation of goods using land, labor, capital, entrepreneurship and knowledge (the factors of production)).of Oman Oil Company SAOC ? why is it important? 250 words

Answer 1

TO FORM A ENTITY 2  ELEMENTS ARE REQUIRED , OPERATIONS AND  PRODUCTION

IT IS IMPORTANT BECAUSE TO GET THE MANUFACTURE OF GOODS, OPERATIONS ARE REQUIRED. OPERATIONS ARE DONE AT MANAGEMENT LEVEL, IT IS AN QUALITY ACTIVITY.

FOR PRODUCTION OF GOODS-

LAND REQUIRED TO DEVELOPE THE FACTORY,

LABOR REQUIRED TO DO PRODUCTION ACTIVITY EFFEICIENTLY,

CAPITAL REQUIRED TO RUN COMPANY SMOOTHLY, TO ACQUIRE THE REQUIRED MATERIAL,

ENTERPRENUERSHIP REQUIRED TO MANAGE THE ABOVE ELEMENTS INVOLVED

KNOWLEDGE REQUIRED TO DO THINGS EFFICIENTLY.