Difference between business and operations strategy, Operation Management

Assignment Help:

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.


Related Discussions:- Difference between business and operations strategy

What are the advantages of the chase demand strategies, What are the advant...

What are the advantages of the chase demand strategies? The advantages of the chase demand strategies are as illustrated below: a. Flexible utilisation of resources for inst

Computer the schedule variance schedule performance index, A project to bui...

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

Explain what the average inventory be for this lot size, 1.What would the a...

1.What would the average inventory be for this lot size? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.) 2. Determine th

Span of processes - make or buy, Span of Processes - Make or Buy When ...

Span of Processes - Make or Buy When Henry Ford developed his famous moving assembly-line method of producing the Model T car at the River Rouge plant in Detroit, he chose to

Explain frequently use experience and intuition to make, If managers freque...

If managers frequently use experience and intuition to make complex, nonprogrammer decisions, how do they apply evidence-based management, which seems to suggest that managers shou

Describe the steps of the collaboration process, 1. State the primary reaso...

1. State the primary reasons for the organizations existence from an analysis of the mission, vision, values, and goals. & Intro. 2. Analyze the reason for the type of organizat

Problem, a firm isconsidering replacement of a machien, whoes cost price is...

a firm isconsidering replacement of a machien, whoes cost price is rs 12200 and scrap value is rs 200 the running cost is rupee given below year running cost 1 200 2 50

Explain what was harley davidson’s current market, What was Harley Davidson...

What was Harley Davidson's current market price per share in 2007?

Explain single pay off, in a -------------------employees are reward by giv...

in a -------------------employees are reward by given company stock or by being allow to purchase it at a price below market value/1.gain sharing plan/2.individual payoff/3.esop/4.

What are policy and operative decisions, What are policy and operative deci...

What are policy and operative decisions? Policy decisions are very significant, they are taken by top management, and they have a long-term impact and mostly relate to fundamen

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd