FREE IB BUSINESS MANAGEMENT TEXTBOOK
@lewwinski
IB DP Business Management.
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5. Operations management

5.9 Management information systems

The main point of this class is to learn a bunch of IT stuff and see how it relates to businesses and operations management in particular.

5.8 Research and development

The main point of this class is to learn to explain R&D, IP rights and types of innovation.

5.7 Crisis management and contingency planning

The main point of this class is to distinguish between crisis management and contingency planning.

5.6 Production planning

The main point of this class is to learn to construct stock control chart, calculate a bunch of stuff that relates to production planning and learn the differences between local/global supply chains and JIT/JIC.

5.5 Break-even analysis

The main point of this class is to learn how to construct break-even chart and calculate break-even quantity and other aspects of break-even analysis.

5.4 Location

The main point of this class is to distinguish between outsourcing/subcontracting, offshoring, insourcing, reshoring.

5.3 Lean production and quality management

The main point of this class is to learn different methods of lean production and quality management and how they impact organisations.

5.2 Operations methods

The main point of this class is to understand how different methods of production work.

5.1 Introduction to operations management

The main point of this class is to understand what operations management (production) is about.