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solved assignments BBA501 - Q1. Write short notes on: Objectives of Operations Management

Answer:
Objectives of Operations Management
Customer satisfaction: Customer satisfaction is vital to the survival of an organization. The organization researches the expectations of the customer or service to be rendered and decides on the product.

Profitability: The pricing of the product should be competitive to achieve sales. For this, the market price of products should be competitive and commensurate with the features offered in the product.
A good organization produces the right quality that meets all product specifications, at optimal cost.

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