Operation Management: Chapter Two; Operation Strategy, Competitiveness & Productivity

A company must have a long-range plan to maintain a competitive position in the marketplace. This plan must include the company’s long-term goals, an understanding of the marketplace, and a way to differentiate itself from its competitors. In this video, we will see the operations strategy of the organization, Describe how an operations strategy is developed, Identify competitive priorities of the operations function, and Productivity.
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