Olivet College of Business will introduce a new course this Fall Semester for operations management. Taught by Dr. Neslihan Aydogan-Duda. The course will be an introduction to the concepts, principles, problems, and practices of operations management.
Disruptive Innovation is a concept coined by Clayton Christensen, a professor of Business Administration at the Harvard School of Business.
There are many Christians who are engaged in business and seek to have a payoff not only in profits, but in the ability to support the work of the church.
Please note that all information below pertains only to US-based businesses.
An Economy of Scale is a microeconomics term that describes the cost advantages that large companies have over smaller ones. By producing a higher quantity of product, companies are able to spread out their fixed costs over more units, and they can reduce variable costs by purchasing needed inputs in bulk.