Business be operated under each of two broad strategies

Assignment Help Operation Management
Reference no: EM131199971

Generally, companies follow one of two broad strategies: offering a quality product at a low price, or offering a unique product or service priced higher than the competition. Assume you are opening a bakery across the street from your campus. How might that business be operated under each of the two broad strategies? Consider the following specific operational areas:

a. target customers

b. products offered

c. product pricing

d. location choice

e. advertising content

f. advertising media

Reference no: EM131199971

Questions Cloud

What is the cross sensitivity of a sensor : What is the cross sensitivity of a sensor? Indicate how the anisotropy of piezoelectric crystals (i.e., charge sensitivity quite large along one particular crystal axis) is useful in reducing cross-sensitivity problems in a piezoelectric sensor.
Effective communication practice in organisations : ITECH 5500 - Professional Research and Communication Utilise effective communication practice in organisations and demonstrate expert English language skills in academic and professional contexts.
Stages of moral development do individuals stick : In which of the stages of moral development do individuals stick to rules to avoid physical punishment and follow rules only when doing so is in their immediate interest? In which of the following stages of moral development do individuals live up to..
Inserted inside the hoppers : For underwater concreting, tremie pipes are normally used with the aid of hoppers. Sometimes tubes are inserted inside the hoppers. Why?
Business be operated under each of two broad strategies : Generally, companies follow one of two broad strategies: offering a quality product at a low price, or offering a unique product or service priced higher than the competition. Assume you are opening a bakery across the street from your campus. How mi..
What type of the four claims is the main argument : Your response should include thoughtful observations for each of the following categories: What is the MAIN ARGUMENT being made? What type of the 4 claims is this main argument?
Increase price on the old fantasy novels : Decrease price on the old fantasy novels. Increase price on the old fantasy novels. Increase shelf space for fantasy novels. Sell preorders of the new fantasy novels.
Types of incentives for providers for efficiency : Explain the three types of incentives for providers for efficiency in the delivery of healthcare services. Explain who bears the financial risk-the provider, the patient, or the managed care organization.
Develop a job application cover letter : Develop a Job Application Cover Letter that highlights and emphasizes why you are the person most suitable for your ideal role. Use the general writing guidelines.

Reviews

Write a Review

Operation Management Questions & Answers

  Corporation strategy and their performance measures-metrics

How can you tell if a company's metrics are "good" measures? [Hint: In the corporate world, companies thrive by increasing profits for their stakeholders.] In a "utopia", what's the relationship between a corporation's strategy and their performance ..

  Operations management problem relating to an organisation

operations management problem relating to an organisation with which you are familiar and undertake a critical review.

  Determine whether a firm should conduct internally

Discuss guidelines used to determine whether a firm should conduct R&D internally or externally.

  Access to health and sanitation-medical supplies

You are the team leader of a unit of a US nonprofit organization based in Banjul Gambia (Capital City). The nonprofit’s mission is to ensure that rural populations worldwide have access to health and sanitation-related supplies.

  Classification and reporting of revenues-expenses

Identify the following for public colleges: the sources of accounting standards; required financial statements; classifications of net assets; and classification and reporting of revenues, expenses, and cash flows

  What is the total cost of this policy and optimal order size

Rocky Mountain Tire center 11,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 50% of the purchace price of the tires per year. how many tires should rocky mountains tire order each time it time it places a..

  Some people equate values and ethics

Some people equate values and ethics. If you were a member of a group and you felt the group was making an unethical decision or one that conflicted with your values, what would you do? How far would you go to stop the unethical action? What is your ..

  Illustrate what must carter prove to establish a rebuttable

Carter brings suit against Harper also Jennings alleging disparate treatment discrimination. Illustrate what must Carter prove to establish a rebuttable presumption of disparate treatment. If Carter establishes rebuttable presumption, does Harper ..

  Strategic management of an organization

Why and how are the following an integral part of the strategic management of an organization, i.e., strategic planning, strategic execution, and strategic control.

  Find optimal production of a also b using graphical method

Profits per unit of solutions A also B are $8 also $10, respectively. Daily demand for solution A lies between 30 is 150 units, also which for solution B between 40 and 200 units. Find optimal production amounts of A also B using Graphical Method.

  Compare and contrast the skills and context of traditional

Identifying and developing global leaders is a key concern for international companies. Compare and contrast the skills and context of the traditional / national manager with that of the international manager.

  Developing the project initiation document

Why is it necessary for the project team to revisit questions that were answered in the business case when developing the project initiation document? use an example to illustrate your response

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd