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

Explain how can data mining be used to accomplish objective, Your company w...

Your company wants to increase revenues from its existing customers. How can data mining be used to accomplish his objective?

Determine that the trade offs of operation system is correct, Determine tha...

Determine that the Trade offs of operations systems is correct You may wish to ponder this trade-offs for a moment and ask the question: is this correct? Consider an organisat

How determining the productivity of his organization, Eric Johnson makes bi...

Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the prod

Asseyment, what used materials for made the Turbine blades which endures vi...

what used materials for made the Turbine blades which endures vibrations and saline conditions and why?

Explain principles of delegation, Explain principles of delegation The...

Explain principles of delegation The Principles of Delegation are as follows:- (i) Parity in between responsibility and authority - There must be complete parity between

Find the probability of event, The probability of Event 1 is P and the prob...

The probability of Event 1 is P and the probability of Event 2 is (1-p),for what values of P would you choose A?B?C? Values in the table are payoffs. Choice /Event Event 1 Event2

Product layout., what is product interval time product duration?

what is product interval time product duration?

Process layout - process design, Process Layout - Process Design This ...

Process Layout - Process Design This form of layout is used when there is no dominant flow pattern, and is particularly appropriate for job shop and small-batch operations. Th

Draw a schematic layout, The flow of materials through eight departments. E...

The flow of materials through eight departments. Even though the table shows flows into and out of the different departments, assume that the direction of flow is not important. In

Process capability index - asymmetrical positioning, Process Capability Ind...

Process Capability Index - Asymmetrical Positioning of the Process As stated earlier, the C p index assumes that the process mean is centred within the tolerance band, but, i

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