Explain What an Operations Strategy Is and the Importance of Competitive

question 105

Essay

Explain what an operations strategy is and the importance of competitive priorities. Give an example from an organization (public or private, manufacturing or service).

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Definitions:

Listening

The active process of receiving, understanding, and interpreting auditory messages from others.

Self-Directed Work Groups

Teams that operate with a high degree of autonomy, managing their own tasks and decision-making processes without direct supervision.

Global Competition

Global Competition refers to the scenario where businesses or nations compete against each other across international markets, vying for customers, resources, and market dominance.

Communication Technologies

Tools, platforms, and systems used to facilitate the exchange of information and messages among individuals or groups.