An operations strategy can be defined as:

a. the set of decisions across the value chain that supports the implementation of higher-level business strategies.

b. a strategy necessary to define the businesses in which a corporation will participate.

c. a strategy necessary to develop plans for the acquisition and allocation of resources among businesses.

d. the decisions management must make as to what type of process structure is best suited to produce goods or create services.

Question

Imani Moran

Business

17 December, 01:34

An operations strategy can be defined as:

a. the set of decisions across the value chain that supports the implementation of higher-level business strategies.

b. a strategy necessary to define the businesses in which a corporation will participate.

c. a strategy necessary to develop plans for the acquisition and allocation of resources among businesses.

d. the decisions management must make as to what type of process structure is best suited to produce goods or create services.

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Answers (1)

Know the Answer?

Alicia Gentry · Answer 1

The correct answer is a. the set of decisions across the value chain that supports the implementation of higher-level business strategies.

Explanation:

The operations strategy is a long-term plan in which the actions to be carried out, necessary to achieve the objectives set, are framed. It is based on the proper use of the company's resources, requires an analysis of the environment and the market, and its task is to improve the competitiveness of the company.

The main objective of the operations strategy is to find a sustainable competitive advantage for the company. The actions contemplated in the strategic plan are aimed at generating value through the production process of goods or services to increase quality, productivity, customer satisfaction and lower costs.