Why Study OM?
Student Tip
Good OM managers are scarce and, as a result, career opportunities and pay are excellent.
We study OM for four reasons:
OM is one of the three major functions of any organization, and it is integrally related to all the other business functions. All organizations market (sell), finance (account), and produce (operate), and it is important to know how the OM activity functions. Therefore, we study how people organize themselves for productive enterprise.
We study OM because we want to know how goods and services are produced. The production function is the segment of our society that creates the products and services ...
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