An Operations Strategy Can Be Defined As

question 26

Multiple Choice

An operations strategy can be defined as:

• A) the set of decisions across the value chain that supports the implementation of higher-level business strategies.
• B) a strategy necessary to define the businesses in which a corporation will participate.
• C) a strategy necessary to develop plans for the acquisition and allocation of resources among businesses.
• D) the decisions management must make as to what type of process structure is best suited to produce goods or create services.

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Definitions:

Procedural Matters

Procedures and rules that govern how legal cases or administrative processes are conducted.

Out-of-Court

Refers to actions or agreements made outside a formal courtroom setting, usually to avoid litigation or to settle disputes informally.

Settlement

An agreement between parties in a dispute to resolve their case without going to trial.

Dispute

A disagreement or argument between parties, often requiring resolution through legal or formal means.