There Are Four Perspectives on Operations Strategy

question 11

Multiple Choice

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

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

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Definitions:

Public Good

A product or service that is non-excludable and non-rivalrous, meaning that one's use of the good does not reduce its availability to others.

Positive Externality

A benefit that is enjoyed by a third-party resulting from an economic transaction to which they were not involved.

Public Good

A product or service that is non-excludable and non-rivalrous, meaning it can be consumed by multiple people without diminishing its availability to others.

Common Resource

A resource that is nonexcludable but rival in consumption.