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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.
Portfolio Management" Please respond to the following: •From the e-Activity, determine what actions / changes are necessary within the organization to reach the synchronized stage
How does the degree of customer contact relate to the kinds of skills needed by service workers and the degree of training they require?
Propose a plan for how the government can implement information security plans to ensure its critical information is safe and protect.
At what rate of interest, compounded annually, will an investment triple itself in (a) 8 years ? (b) 10 years? (c) 12 years?
Activity Sampling - Process Design This is a method of finding the percentage occurrence of a certain activity by statistical sampling and random observation. It is used when
To answer Question 1: Use the forecasting module that you opened in the POM-QM for Windows software to solve the Southwestern University case study at the end of Chapter 4 of the H
A product is currently made in a job shop, where fixed costs are $4,500 per year and variable cost is $10 per unit. The firm sells the product for $70 per unit. What is the break-e
In the mordern world most people work in organisations. Describe how this can affect people's sense of responsibility and the morality of their conduct.
Scope of Job Design - Process Design When designing any job, three requirements must be met simultaneously: technical feasibility, economic feasibility and behavioural feasibi
Q1. What is communication? define it in your own words Q2. Describe the characteristics of effective business communication and give examples Q3. Sould a researcher always ob
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