Definition
Jobs or tasks consisting of one or more elements or subtasks, performed typically in one location.
Operations transform resource or data inputs into desired goods, services, or results, and create and deliver value to the customers. Two or more connected operations constitute a process, and are generally divided into four basic categories: (1) processing, (2) inspection, (3) transport, and (4) storage.
Related Articles
- Using Technology to Maximize Efficiency
- Five Ways to Become a Multinational Company
- Types of Small Business Loans
- Deciding When To Call It Quits
- What is a limited partnership (LP)?
- 5 Tips for Smart Franchise Investment
- Choose Mutual Funds Carefully *
- "Buy Straddle" Option Investment Strategy *
Related Videos
http://www.businessdictionary.com/definition/operations.html




