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Operations Strategy
A plan that outlines how a business will allocate resources to support infrastructure, production, and logistics to meet customer demand and maintain a competitive advantage.
Location Strategy
The decision-making process for determining the geographical placement of the operations of a business.
Service Firms
Companies that provide intangible products or services to consumers or other businesses, as opposed to tangible goods.
Manufacturing Costs
The total expenses involved in producing a product, including materials, labor, and overhead costs.
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