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Once an Operations Strategy Is Adopted and Articulated, the Primary

question 10

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Once an operations strategy is adopted and articulated, the primary emphasis becomes perfecting the system of activities that make up the strategy through detailed refinements over a long period of time.


Definitions:

Jensen Alpha

A performance metric that represents the average return on a portfolio or investment above or below that predicted by the capital asset pricing model (CAPM), based on the market risk.

Performance

The evaluation of the returns provided by an investment over a certain period in relation to its risk.

Portfolio Manager's Ranking

A rating or ranking system used to evaluate the performance of a portfolio manager, often based on factors such as return on investment, risk management, and adherence to investment strategy.

Comparison Universe

A benchmark or set of comparable entities or investments used to evaluate the performance of a particular asset or portfolio.

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