Course Title: Product and Operation Management Course ID: MGT 330 Section: 00 Submitted To: Prof. Dr. Md. Mamun Habib

Course Title: Product and Operation Management
Course ID: MGT 330

Section: 00
Submitted to: Prof. Dr. Md. Mamun Habib
Professor, School of Business, IUB
Summary one
The journal name is “A framework of supply chain management literature” written by Keah
Choon Tan. European Journal of Purchasing & Supply Management 7 was published in this
journal in 2001 (Tan, 2001)
This article discusses modern supply chain management strategies and the helpful tools for
the supply chain management. This research reviews the literature base and development of
supply chain management from two separate paths but in the end, they merged into the
modern era of supply chain management that is part of an operation management system. In
this acritical author's focus three things, firstly he talked about Two alternative perspectives
on supply chain management that are two strategies. In this part, the author describes two
different supply chain process but this two-process aim is the same, reduce the cycle time,
reduce the cost, and make sure the availability of raw-material. Here transportation and
coordination of the activity play significant roles.
Secondly, Conditions conducive to supply chain management that means how much
important of supply chain management in the organization. A well-organized supply chain
allows recovery company disadvantages. For example, a garment company doesn’t get his
raw materials in time, so they are not able to deliver the product at the right time. As a result,
customers dissatisfy even shipment can cancel. So, the process of supply chain management
is not accurate the entrail process can be collapsed. In this journal, the author describes in
detail how an organization maintains its supply chain process.
Third, Supplier certification that primarily focused on purchased raw materials, components
and "final goods, and in a few cases, on service suppliers. The ultimate goal of vendor
certification is source quality and inventory reduction, non-compliance, improper
communication, duplicate testing, receiving inspection, delivery to point of use, cycle time,
and the ability to change focus from input to output. So here the author explains if
organizations don’t make sure raw materials quality, if don’t make sure transportation and
don’t improve communication system entrail process can be collapsed.
These two processes can help an organization improve the supply chain management system
and increase organizational efficiency. So here the company not only follows the supply
chain process but also make sure raw materials quality and improvement communication
systems.
A single-step income statement offers a simplified snapshot of a company’s
revenue and expenses. This straightforward document merely conveys a
company’s revenue, expenses, and bottom-line net income.
Most publicly-traded companies use multiple-step income statements, which

categorize expenses as either direct costs (also known as non-operational
costs), or indirect costs (also known as operational costs) and rent.
Single-step and multiple-step are two ways that companies complying with
GAAP accounting standards can report income statements.
Multiple-Step statements provide an in-depth look at a company's financial

health, offering details about the company's wellbeing.
On the downside, these detailed statements are labor-intensive to produce

and can be overwhelming for some investors to sort through.
Single-step statements offer a basic look at a company's revenue and

expenses, making record-keeping easier for accountants and investors.
A single-step financial statement provides a simple overview of a company’s finances and

expenses. This simple book shows only land costs, expenses and business expenses.
Multi-step income statement, which organizes as a expenses as either direct costs its means
non operational expense or indirect costs and rent.
A single-step and Multi-step are the two ways companies that meet GAAP accounting
standards can report their earnings statements.
The multi- step statement provides an in-depth look at the company’s financial health,
providing details about the company’s interests.
Bottom line, these full statements are hard-working and could be even worse for some
investors.
The single -step statement provides an important overview of the company’s finances and
expenses, making it easier for accountants and investors to keep records.
Quiz 1
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* Required
What type of research do trade associations generally conduct? *

1 point
Practical research
Basic research
Ad hoc research
Applied research
All of the above
The problem or opportunity that requires a business decision on the part of the
decision maker is called a _____. *
1 point
return on business investment

measurement approach
management dilemma
research problem
challenge
Recordings of public proceedings, speeches by elected officials, and information

on agency web sites are all examples of business intelligence available from _____
sources. *
1 point
demographic
competitive
technological
cultural
government
An estimate of next year's market share is an example of what type of research? *

1 point
Longitudinal
Explanatory
Predictive
Descriptive
Reporting
Which of the following types of research is conducted to evaluate specific courses

of action or forecast current or future values? *
1 point
Explanation studies
Prediction studies
Description studies
Reporting studies
Observation studies
Which of the following is an example of a business decision maker? *

1 point
Business manager of a consumer goods product

Manager of a non-profit program
Politician's election consultant
Church pastor
All of the above
The question, "Should we do business research?" is often stimulated by data from

a(n) _____.
1 point
data warehouse
intelligence system
intranet
None of the above
Data was analyzed and it showed that: a salesperson's performance is directly and
positively related to the salesperson's level of education. This is an example of
what type of research? *
1 point
Reporting
Experimental
Descriptive
Explanatory
Predictive
Business research may be considered unnecessary when _____.

1 point
Option 1: management has insufficient resources to conduct an appropriate study

Option 2: the risk associated with the decision at hand is low
Option 3: the information is applicable to the critical decision
both option 1 and 2
both option 1 and 3
Which of the following is pure rather than applied research? *

1 point
The relationship between leadership traits and corporate success.

Comparing brand logos after a change
Sleep duration, as impacting work efficiency.
Disruption of cognitive ability under stress.
Work towards the discovery of a possible new element.

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Course Title: Product and Operation Management Course ID: MGT 330 Section: 00 Submitted To: Prof. Dr. Md. Mamun Habib

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Course Title: Product and Operation Management

Course ID: MGT 330

Most publicly-traded companies use multiple-step income statements, which

Multiple-Step statements provide an in-depth look at a company's financial

On the downside, these detailed statements are labor-intensive to produce

Single-step statements offer a basic look at a company's revenue and

A single-step financial statement provides a simple overview of a company’s finances and

What type of research do trade associations generally conduct? *

return on business investment

Recordings of public proceedings, speeches by elected officials, and information

An estimate of next year's market share is an example of what type of research? *

Which of the following types of research is conducted to evaluate specific courses

Which of the following is an example of a business decision maker? *

Business manager of a consumer goods product

The question, "Should we do business research?" is often stimulated by data from

Business research may be considered unnecessary when _____.

Option 1: management has insufficient resources to conduct an appropriate study

Which of the following is pure rather than applied research? *

The relationship between leadership traits and corporate success.

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