Applying the Best Practices to Operations Management Is Not Enough

question 60

Essay

Applying the best practices to operations management is not enough to give a competitive advantage because:

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Definitions:

Tariff Barriers

These are taxes or duties imposed on imported products by a country to protect its domestic industries from foreign competition or to generate revenue.

North America

A continent in the Northern Hemisphere that includes countries such as Canada, the United States, and Mexico.

Product's Life Cycle

describes the stages a product goes through from its conception, through development, growth, maturity, and decline.

Global Talent

Skilled professionals from around the world who contribute diverse perspectives and expertise to the workforce.