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S3odz S3odz
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6 years ago
Explain what an operations strategy is and the importance of competitive priorities. Give an example from an organization (public or private, manufacturing or service).
 
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6 years ago
An operations strategy is the means by which operations implements the firm's corporate strategy. Competitive priorities are the key capabilities that operations must develop to compete successfully in a market segment. Possible competitive priorities include low-cost operation, high-performance design, consistent quality, delivery speed, on-time delivery, development speed, customization, and volume flexibility. Examples will vary.
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