An operations strategy is ________. Group of answer choices a strategy necessary to define the businesses in which a corporation will participate the set of decisions across the value chain that supports the implementation of higher-level business strategies a strategy necessary to develop plans for the acquisition and allocation of resources among businesses the decisions management must make as to what type of process structure is best suited to produce goods or create services
The correct option is the set of decisions across the value chain that supports the implementation of higher-level business strategies
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An operations strategy is ________. Group of answer choices a strategy necessary to define the businesses...
In terms of global business strategy and structure, a multinational strategy: Group of answer choices disperses production and marketing, with centralized accounting, human resources and strategic management. centralizes production, accounting, marketing, and human resources. concentrates production and marketing in each country, and decentralizes accounting and human resources. centralizes production and accounting and decentralizes marketing and human resources. concentrates financial management and control out of a central home base while decentralizing production, sales, and marketing operations to units in other countries.
Strategy and the Firm Managers make a number of choices that affect the long-term health of an organization. These choices include the basic strategies the firm will develop and execute about operations, and choices about the organization of the firm. Understanding the issues underlying the choices will help the manager make better decisions. To maximize the value of the firm, managers must pursue strategies that increase the profitability of the enterprise and its rate of profit growth over time. Managers can increase...
When managers develop strategies for their businesses they have to answer two questions: "How attractive is the industry that you are in?" and "How are you positioned within that industry?" Generic strategy is: One way for generic products and services to counteract the strength of branded competitors One way to think about positioning within an industry One way to recognize that there is a third missing question "Are you stuck in the middle?" One way to evaluate the attractiveness of...
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anyone please answer the questions? it's about Management Decisions
class. Thank you so much!!
28) The set of business activities in which a fim engges to develop, produce, and market its products or services is known as its A) value chain B) physical resources cjorganizational resources D) human resources 29) If in the process of maximizing its performance, a firm engages in activities that pollute the environment, the impact of that pollution is a(n) A) capability. B) externality. C)...
1. Three major challenges facing supply executives when setting supply strategies and objectives are: Multiple Choice (1) How can we simultaneously provide uninterrupted supply and minimize inventory? (2) How can we improve quality while reducing our supply base? and, (3) How can we increase our involvement in outsourcing decisions? (1) What is the effective interpretation of corporate objectives and supply objectives? (2) What is the appropriate action plan or strategy to achieve the desired objectives? and, (3) How can supply...
n Leadership Operational Plan, Part III, you evaluated the existing organizational structure, control systems, and behavior of your organization. Given the optimization issue(s) you had identified, you proposed an implementation plan to affect organizational change. For this assignment, you will assess the operational changes necessary to address those optimization issues. Building on work in prior courses, you will evaluate how operations can be optimized to achieve the organization's performance goals and meet stakeholder needs. Write a 1,050- to 1,750-word analysis...
True/False: 1. Efficiency means doing something at the lowest possible cost. 2. Effectiveness means doing the right things to create the most value for the company. 3. A process cannot be effective without being efficient. 4. Operations and supply chain management is defined as the design, operation, and process of the systems that create and deliver the firm's primary products and services. 5. The term "value" refers to the relationship between size and the price paid by the consumer. 6....
International Business Intelligence “The world has become a global village” is a statement that is resonating more and truer, notably in the economic and business world. As such, business, of all sizes, are becoming more reliant on cross-border ventures as means of maintaining their growth. Stepping outside ones’ own home base and expanding in the global market, is indeed a task full of potential rewards for growth. Nevertheless, it is a task that also requires substantial focus and attention from...
17) Organizational strategy is formulated at all of the following levels except at the A) business level B) functional level C) individual level D) corporate level 18) strategy is a plan to use and develop core competences so that the organization cannot only can protect and enlarge its domain but can also expand into new domains A) Business-level B) Functional level C) Global level D) Corporate-level 15 19) Which of the following activities can be a source of both a...
QUESTION 28 When managers want to be sure to get innovative and creative ideas, they will often create a(n) ____ group. a. judge-advisor system b. coalition c. advocacy group d. nominal group e. political group 0.22222 points QUESTION 29 Which of the following is the role of top managers in an organization? a. Overseeing day-to-day operations b. Coordinating the work of first-line managers c. Implementing plans of first-line managers d. Creating organizational goals and overall strategy e. Performing routine...