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
Some companies run their entire business by offering cloud services called Software as a Service (SaaS). There are several advantages for companies and individuals to use SaaS. But

There are many ways in which someone can gain access to employee data. Share some of those ways and how you would address them after the fact. How would you prevent them from occur

Prepare an in-depth report recommending the appropriate investment of AUD$3 million for a five year investment period for a particular investment client. The investment portfolio i

A: Describe the nature of leadership and relate leadership to management. B: what are the distinctions between management and lead?

Tim is a director and officer of United States Sales, Incorporated. Tim makes a marketing decision that results in a dramatic decrease in profits for United States Sales and its sh

Explain how advancing technologies in the security field are changing how end users are identified. In your response, identify potential security gaps that may be caused by these n

Make to order - Operations Systems In this case, manufacture of the product does not commence until an order has been placed by the customer. In the best restaurants food is

Discuss common challenges of managing projects and the value of effective management to an organization

1. What are the key characteristics that would classify Wheeled Coach as a repetitive focus process strategy? 2. Let's assume you are a new hire at Wheeled Coach. Your manager a

Describe Google's customer value proposition and profit formula linked to its business model. What strategies has Google relied upon to build competitive advantage in the industry?