There Are Four Perspectives on Operations Strategy

question 30

Multiple Choice

There are four perspectives on operations strategy. The term 'core competency' is most closely associated with which perspective?

• A) Market requirements perspective
• B) Operations resources perspective
• C) Top-down perspective
• D) Bottom-up perspective

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Definitions:

Airplane Manufacturers

Companies that specialize in designing, building, and selling aircraft for civilian and military use.

Long-term Contractual

Agreements or obligations that extend over a lengthy period, typically involving ongoing services or commitments.

Just-in-time System

A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs through receiving goods only as they are needed in the production process.