The process of formulating business-level strategy

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Reference no: EM131638266

1. Why is market segmentation such an important step in the process of formulating a business-level strategy?

2. How does operations management have an effect on the competitive advantage of an organization? Explain your answer.

3. What is efficiency, and what are some of the techniques that managers can use to increase it? Explain your answer.

Reference no: EM131638266

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