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
Evaluate the effectiveness of the changes made in the US Air Force Academy after the 2005 religious intolerance complaints

Given the following information: sales:48,000,000 CGS:24,000,000 Variable expense:8,000,000 fixed expenses:8,000,000 inventory:6,000,000 account receivable: 3,000

All work packages in a project: Answer Do not have to be at the same level of the WBS Must be at the same level of the WBS Do not have to be referenced in the Work Brea

Complete the following steps for this assignment: 1. Select the following link to visit a Web site that is an online demographic tool used to help establish demographics about c

Question 1: W. E. Deming is credited with providing the foundation of Japanese Quality and resurgence as an economic power. Deming is the best known quality expert in the worl

What is an industry? (a) Industry is a group of diverse businesses under common owners. (b) Industry is a group of firms whose products have same and similar attributes such

Illustrate the strategic positioning tools? Strategic positioning tools according to Reck and Long: • Passive (as clerical and transaction based) purchasing functions only o

David Upton is president of Upton Manufacturing, a producer of Go-Kart tires. Upton makes 1,000 tires per day with the following resources: Labor: 400 hours per day @ $12.50 per ho

A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached wh

Identify issues management needs to address. Analyze and evaluate the issues identified and a set of actions management should take to address the issues identified.