Operational Excellence Involves Knowing Your Customers' Needs and Tailoring Your

question 59

True/False

Operational excellence involves knowing your customers' needs and tailoring your product to meet those needs.

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Definitions:

Growth Strategies

Growth strategies involve expansion of the organisation’s current operations.

Organic Designs

Organizational structures that are flexible, decentralized, and characterized by open communication channels.

Organisational Design

The process of shaping an organization's structure and roles to align with its objectives and the external environment.

Structural Strategising

The process of planning and developing structures within an organization to achieve its long-term goals.