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

Describe the use of strike replacements, Itemize and discuss the different ...

Itemize and discuss the different types of strikes and lock outs, their roles in labour relations and their legal restrictions in private and public sectors. Discuss the use of str

Control charts, 1. Identify the appropriate control charts to use with each...

1. Identify the appropriate control charts to use with each scenario and state WHY . a. A hospital is trying to improve its image by changing its menu offerings. It offers a qu

What are the financial institutions offer loans, After working for 30 years...

After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine

Explain how many customers could be served per hour, Greg Davis, a business...

Greg Davis, a business major at the University of South Carolina (USC), has opened Six Points Saco (SPS), a specialty subs-taco restaurant, at the rim of the USC campus. SPS has gr

Supply chain strategies, Supply Chain Strategies  In this second secti...

Supply Chain Strategies  In this second section of the chapter we consider:  1. Breadth of supplier base - many or few suppliers?  2. Vertically integrated or virtual or

Determine the optimal order quantity as well the annual cost, The home good...

The home goods department of a large department store sells 175 units per month of a certain large bath towel. The unit cost of a towel to the store is $2.50 and the cost of placin

Production, What do you understand by “line balancing”? What happens if bal...

What do you understand by “line balancing”? What happens if balance doesn’t exist?

Travel charts and string diagrams, Travel Charts and String Diagrams T...

Travel Charts and String Diagrams The use of travel charts has already been described under facility layout (see figure on page 140). A string diagram (see figure below) is us

Explain production and shipping costs, Blue Computers, a major PC manufactu...

Blue Computers, a major PC manufacturer in the United States, currently has plants in Kentucky and Pennsylvania. The Kentucky plant has a capacity of 1 million units a year and the

Explain stategic partnering, An export trading company assists businesses i...

An export trading company assists businesses in creating relationships with foreign customers and suppliers to assist in selling goods in overseas markets , This global strategy is

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