Tag: management

Production Management: Definition and Solution

What is Operations Management?

Operations management is pretty similar to production management, but is the day-to-day running of the business, ensuring operations and production within the business are carried out efficiently and smoothly. This also includes handling administrative, factory-level, and service management.

The focus point of your operations management is the customer. If the customer is satisfied, then you’re heading in the right direction.

However, how you handle your resources is also the function of operations management, since you want to be improving customer satisfaction with the least amount of wastage with the maximum utilization of resources.

But what are

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Nikola shares surge as much as 31% after management confirms production targets

Nikola Motor Company Badger pickup truck

Source: Nikola Motor Company

Nikola shares surged on Thursday, one day after the company said its production timeline and factory plans remain on track amid widespread investor anxiety regarding the company’s business as well as its planned deal with General Motors.

The stock soared by as much as 31% at one point in the day, before ultimately closing with a gain of 17.7%. But the jump does little to dent the stock’s recent weakness; shares have tumbled 37% in the last month.

Short-selling firm Hindenburg Research accused the company of fraud in a scathing

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