FOUNDATIONS OF OPERATIONS MANAGEMENT Coursework Example | Topics and Well Written Essays - 750 words

FOUNDATIONS OF OPERATIONS MANAGEMENT - Coursework Example The devaluation of Taka against our currency would make the purchases cheaper for us at every point. In a business model that has just started over a period of time; the organizational structure tends to look like a bicycle wheel with the business owner or owners at the center acting as the hub of the wheel. When the flow of information is from the center to different departments or members of a team, a wheel network is formed. This allows other members of the group to work independently without having to interact or communicate with each other and still give good results. The wheel structure cannot be incorporated in a team when it is formed since a team requires interaction and coordination between all the members in order to give significant results. This sort of structure is mainly incorporated in the fields of distribution and procurement. Giving the example of a company that receives the raw material at its center and then this raw material from this centralized depot is distributed to the sub offices of the company throughout the region. Similarly after the production of a p roduct, the company’s factory of production unit acts as the hub of the wheel and then this finished product is distributed all over the region to different sub divisions of the company acting as the spokes of the wheel.. When there are different divisions dedicated to produce or sell a product and they work under a centralized command, it is known as traditional division structure. Each of the divisions is a dedicated to a specific business and they perform their function as well as report to the central command. These divisions are then further divided into sub divisions making their own proper functional structure making the division another command center reporting to the central command. Thus a group of divisional command systems report to a central