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in this video we'll deal with operations management and look at some of the introductory concepts that are linked to this important area of management so let's start by looking at managerial issues well the first issue we could confront here there are many to confront but the first one we will pick is the increase in power of consumers there is a process of globalization there is greater communications facilities now between business to business business to consumer and even consumer to consumer there are all sorts of ways in which information can flow because of the advent of the Internet and because of the advent of Internet related technologies so it's not surprising therefore that the proliferation of information and the desire in the part of many countries to get their foot on the growth ladder the economic growth letter has led to this process of globalization some countries have cheap labor in comparison to other countries so they become centers of produc

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