Business and Economics Essay - 275 Words

Business and Economics (Essay Sample) Content: Business and EconomicsName:Institution: Many companies today are evolving and coming up with different management techniques. Different companies come up with different decisions all in the aim of succeeding and earning profits. There are different types companies but in this case, we major on two companies that are a service company and manufacturing company. The yellow corporation company is an example of a service company. Its headquarters are in Overland park and it has one of the largest, less than truckload and most comprehensive networks in North America with local, regional, national and international capabilities (Yellow Corporation, 2014). The company has leading expertise in heavy weight shipments and flexible supply chain solutions; thus, ensuring clients are able ship industrial, retail and commercial goods with confidence. The yellow corporation is also involved in charity works as it supports Christinas smile children dental clinic and Heart to Heart i nternational and many others (Yellow Corporation, 2014). General electric company is a manufacturing company its location in Africa continent in Algeria (General Electric Company, 2014). This company has brought about development in Algeria in that it has led to improvement of infrastructure; it has made communication easier between the countries it works with and more so it spends 7.2 Million each year in its activities (General Electric Company, 2014). This company has brought a lot of fortune in Algeria, and this has contributed to its development. Yellow corporationGeneral electric companyService industryManufacturing industryexpertise in heavy weight shipments and flexible supply chain solutionsDeals with electricityHas activities in North AmericaHas activities in Algeria Operational management decisions are made in the company, which are concerned with designing, overseeing and controlling the process of introduction and redesigning of business operations in the pr oduction process It ensures efficiency in business operation in order to meet customers requirement. It is concerned with the process that converts raw materials that is inputs to final good...