Financial Performance in Operations Management

Catalog description

In this course , students are prepared to understand the role of financial performance in the management of a company’s processes and services and its influence on an enterprise’s financial viability. The course will focus on the integration of operations management and financial management as well as on the reasons why asset management is an essential organizational process and the benefits of ISO 9000. Additionally, the concepts of net present value, internal rate of return and other cost effectiveness indicators, and a general approach to the international standards for organizations are reviewed. Students will review each topic in the context of their own workplace as well as across different organizations and industries and throughout the global environment.