Business Finance
BUS101 Grantham Week 1 Key Functions of Business Operations Paper

BUS101

Grantham University

Question Description

W1 Assignment "Key Functions of Business Operations"

Introduction to Business

Key Functions of Business Operations

Please complete the following assignment, incorporating ideas and concepts from the week’s lecture and/or articles. Please feel free to incorporate outside resources as well. When completing your assignment, please make sure to double space your papers.

Traditional Paper

Research, identify, and discuss the six key functions of a business’s operations.


The requirements below must be met for your paper to be accepted and graded:

  • Write between 500 – 750 words (approximately 2 – 3 pages) using Microsoft Word.
  • Attempt APA style, see example below.
  • Use font size 12 and 1” margins.
  • Include cover page and reference page.
  • At least 60% of your paper must be original content/writing.
  • No more than 40% of your content/information may come from references.
  • Use at least two references from outside the course material, preferably from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the two reference requirement.

Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must be identified in the paper and listed on a reference page.Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must come from sources such as, scholarly journals found in EBSCOhost, online newspapers such as The Wall Street Journal, government websites, etc. Sources such as Wikis, Yahoo Answers, eHow, etc. are not acceptable.

A detailed explanation of how to cite a source using APA can be found here

Weekly Related Articles

The Key Elements of Business Success from an Operating Perspective
Business operations is the facet of an organization where most of the direct labor takes place.
http://smallbusiness.chron.com/key-elements-business-success-operating-perspective-21234.html

The 20 Most Important Questions in Business
What entrepreneurs can do is ask the core set of tough questions that govern the fate of any enterprise. Armed with those answers, they stand the best chance of beating some fairly dire odds.
http://www.forbes.com/2007/11/21/walmart-microsoft-apple-ent-manage-cx_bn_1121importantquestions.html

Five Leadership Lessons from Successful Small-Business Owners
No two businesses and industries are alike, but successful leadership principles are largely universal
http://www.openforum.com/articles/5-leadership-lessons-from-successful-small-business-owners

Final Answer

Attached. Bye!!!!

Running head: FUNCTION OF BUSINESS OPERATIONS

Function of Business Operation

Name

Institution

1

FUNCTION OF BUSINESS OPERATIONS

2

Function of Business Operation
Introduction
Operations management is defined as the administration of business practices that
encourage efficiency in the organization. The process is concerned with converting goods and
services efficiently so as to be able to maximize the profit an organization gets. There are six
functions that are concerned with this management. They include;
Production function
Production refers to the creation of goods and services but it requires the help of
processes to accomplish this. In the modern organization, production is entrusted to a production
manager who is responsible for ensuring that this function has been carried out effectively
(Heizer, 2016). To ensure that efficiency and...

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