MANAGEMENT IN THE CURRENT TRENDS, ISSUES AND CHALLENGES FOR THE ENTREPRENEURSHIP DEVELOPMENT AS AUTOMOTIVE SERVICE BUSINESS
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Abstract
Production management alternatively referred to as manufacturing management, is required for transforming raw materials and partly, fabricated materials into finished products. Production management does not imply management of productive process alone, but it covers all those activities which go into the making of production.
Decision making means, “That thinking process which leads logically in the recognition of specific wants and hence to the determination to attain these wants by use of selected means, that actual use of selected means is the characteristics differentiating decision making from decision implementationâ€. The decision making consists of perception, conception, investigation, deliberation, selection and promulgation etc.
For the production planning, the basic fundamentals involved in production, which is depending mainly , standard continuous type manufacturing plants such as those producing rayon cement, paper etc.; standardized repetitive type of manufacturing plants such as automobiles , air craft etc, ; and non- standard job-shop type of plant which produces parts for various engineering industries.
Therefore, entrepreneurship development as SMEs i.e. automobiles service industry, the reliability and maintainability is depending on Quality Assurance (QA). Because, the modern concept of Quality Assurance is normally used to achieve a balance of three aspects i.e. Quality, Reliability and Maintainability etc. Normally, reliability and maintainability go tighter and both concern over the life of the system because the required is to be maintained. It is always possible to trade off reliability against maintainability with minimum loss of use as the optimizing factor. This concept is covered on board basis in the modern concept of Total Quality Circle. TQC is a group of activity, it can’t do individual. Its calls team work.