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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.
Discuss the long-run consequences of your decision.
Most day-to-day interaction between labour and management involves the: Answer (1) national union. (2) International union. (3) Industrial union. (4) Local union.
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