Difference between business and operations strategy, Operation Management

What is the difference between business and operations strategy? 

Answer: There is a hierarchy of strategic decision making, each focused on a different time horizon and at varying levels of detail. Corporate strategy considers the longest term and the most complex environment where risks are greatest. Business strategy considers industry level and operations along with other functional strategies, operates at the level of the firm. Operations strategy is concerned with the activities necessary to produce goods and services.

Posted Date: 3/18/2013 5:59:13 AM | Location : United States







Related Discussions:- Difference between business and operations strategy, Assignment Help, Ask Question on Difference between business and operations strategy, Get Answer, Expert's Help, Difference between business and operations strategy Discussions

Write discussion on Difference between business and operations strategy
Your posts are moderated
Related Questions
1. The monthly sales for Telco Batteries, Inc., were as follows: Month Sales Jan 20 Feb 21 Mar 15 Apr 14 May 13 Jun 16 Jul 17 Aug 18 Sep 20 Oct 20

Accountants at the firm Walker and Walker believed that several traveling executives submit unusually high travel vouchers when they return from business trips. The accountants too

Q. What are the elements of supply chain management? The three elements of supply chain management: • Responsiveness as an example how flexibly and rapidly supply can meet d

Transformation Processes - Operation Function Here are examples of transforming processes:  Information processing  Organisations which handle large quantities of data

The owner of Firewood-2-Go is considering buying a hydraulic wood splitter which sells for $50000. He figures it will cost an additional $80 per cord to purchase and split wood wit

Provide at least 3 different factors when comparing the concept of viewing a firm's suppliers as adversaries with viewing them as partners.

Explain important traits are required for a coach of a cricket team. The three important traits needed for a coach of a cricket team are:- (i) Decisiveness - The coach is c

1. Is Skinner's idea of operational focus just as relevant today? (Give a considered opinion - with examples.)  Answer: The answer is yes. There are physical limitations in many

what should be the operation strategy for non profit business?

How should the 2 million be allocated to each loan/investment alternatives to maximize total annual return?