MGMT 100 Study Guide - Final Guide: Program Evaluation, Lean Manufacturing, Iso 14000

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17 Dec 2016
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Lo1 describe the current state of canadian manufacturing and how companies ae becoming more competitive. Large industrial country with many major industries. Faces challenges to its ability to remain a modern, competitive industrial country. Research and development is the work directed toward the innovation, and improvement of products and processes. Technology is knowing how to make and use the tools for the job. Science, innovation, and electronic information division (sieid) produced surveys. Foreign manufacturers captured huge chunks of the north american market for basic products such as steel, cement, machinery, and farm equipment using the latest production techniques: meant companies had to adjust their production techniques and managerial styles. The service sector will also continue to get attention as it continues to become a larger part of the overall economy. Lo2 describe the evolution from production to operations management. Production is the creation of goods and services using the factors of production: land, labour, capital, entrepreneurship, and knowledge.

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