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Generic Operational Strategies - Operation Strategy
Porter (1985) presented five basic generic strategies for business:
1. Cost efficiency - low cost leadership strategy
2. Differentiation strategy - be different from the competition in at least one key aspect of the buyers purchasing criteria
3. Focus on a particular market segment strategy - be the best in the market in which you specialise
4. A quality strategy - be a quality leader and have an innovation strategy - be the leader on product characteristics - usually through technological innovation.
Least Cost Methods ( LCM): The NW corner rule describe earlier consider only the availability and supply requirements in making assignments'. It take no according of the shipping
Categorize the problem that interfere with a firm reaching its goals in the short-run
what are the key issues to be considered when managing global management operations
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A system consists of three identical components. In order for the system to perform as intended, all of the components must perform. Each has the same probability of performance. I
Forward Scheduling - Scheduling Techniques Forward scheduling means assigning customers orders or job to various work centers based on the as early as possible approach. Thus
A firm owns facilities at six places. It has manufacturing plants at places A B and C with daily production of 50, 40 and 60 units respectively. At points E, E and F it has three w
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1. What is a serial entrepreneur? Is this a new phenomenon? 2. What does it take to be a successful serial entrepreneur? 3. Steve Chen, former PayPal engineer who co-founded
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