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What is the difference between business and operations strategy?
Answer: There is a hierarchy of strategic decision making, each focused on a different time horizon and at varying levels of detail. Corporate strategy considers the longest term and the most complex environment where risks are greatest. Business strategy considers industry level and operations along with other functional strategies, operates at the level of the firm. Operations strategy is concerned with the activities necessary to produce goods and services.
On September 1, Jennings, a used-car dealer, wrote a letter to Wheeler in which he stated, "I have a 1955 Thunderbird convertible in mint condition that I will sell you for $13,500
How does a company's vision & plans affect its structure?
What are the basic controllable variables of a production planning problem? What are the four major costs? Discuss and explain each variable. Discus and explain each cost.
how can make a plan for appropriate capacity of a cinema by replacing amount of standard seats with luxury seats?
c) Role of computers in Production/Operations Management
impressive portfolio includes some of the strongest brand names in the world. Additionally, P&G must study its consumers, use long-term perspectives, employ product innovation and
There are a variety of theories of motivation, many of which are complementary. Of the main motivational theories described in the text, which theory or theories do you think would
Production Production is any process or procedure developed to transform a set of input elements such as men, materials capital, information and energy into a specified set
1. A stock out occurs when an item that is typically stocked is not available to satisfy a demand the moment it occurs. 2. A backorder occurs when a customer order cannot be fil
What is Grapevine? Ans: Grapevine is an informal communication system.
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