Generic operational strategies - operation strategy, Operation Management

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.

Posted Date: 3/18/2013 2:43:55 AM | Location : United States

Related Discussions:- Generic operational strategies - operation strategy, Assignment Help, Ask Question on Generic operational strategies - operation strategy, Get Answer, Expert's Help, Generic operational strategies - operation strategy Discussions

Write discussion on Generic operational strategies - operation strategy
Your posts are moderated
Related Questions
Tha Americans with disabilies act that employees make reasonable accommodations for individuals with disabilts. How might this requirement affect law enforcement offices fire fight

XYZ's Inc. Scheduling System Started in Jacksonville, Indiana in 1983 at Mick's Lounge, where Papa John, John Schnatter, started a pizza delivery business within his father'

Midwest Electric Company (MEC) uses only debt and common equity. It can borrow unlimited amounts at an interest rate of rd = 10% as long as it finances at its target capital struct

What are the advantages of the Level capacity strategy? The advantages of the Level capacity strategy: a. Employment of operational resources at all times. b. Efficient p

1. Construct and inerpret a control chart for the packing slip data. 2. Construct a Pareto analysis of the errors. 3. What information might a separate char

Explain functions in which industrial manager is involved? The Industrial Manager is occupied in the given functions:- (i) Design products which will find acceptance in comp

Which of the direct variables help MitiTech with its competitive position? a. customers and owners b. suppliers and customers c. competition and customers d. competition and su

• From the scenarios, we see that Chris and Erica have different communication styles that could potentially have a negative impact on the business. Suggest at least two strategies

Q1 Evaluate the service to club members and casual flyers by completing a table similar to Table 3.1. Q2 Chart the five performance objectives to show the dif¬fering expectations

what is or ? Features and limitations of or?