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Define a -work backward strategy?
It is simply a equation that requires to redo all the steps, but backwards to get the answer.
Is the word strategy a noun or adjective?
Strategy is a noun. Strategic is an an adjective. Strategically is an adverb.
What can happen if the MRP is greater than a firm's MC?
The firm can afford to hire more workers.
Is there an adverb for strategy?
Yes, the noun strategy has the adjective form strategic. The adverb form is strategically.
How many times the word firm in the bible?
The word 'firm' appears eight (8) times in the KJV Bible.
What are strategy implementation?
How can a firm implement this Strategy.
What is the firm level strategy for Panera Bread?
Discuss Panera's business level strategy
KSAs needed by the firm to achieve the strategy and what KSAs are currently resident?
HUMAN RESOURCE KSAs needed by the firm to achieve the strategy and what KSAs are currently resident?
Can you give a sentence using the word strategy?
The army always has a strategy! or... The game of chess requires strategy!
Examples of product that using home replication strategy?
When is and what reason is Home replication strategy used. provide a firm that uses home replication strategy.
What are advantage and disadvantage of a firm using retrenchment growth strategy?
The advantage is that the wage bill is reduced, the disadvantage of the retrenchment growth strategy is that a firm may loses employee without reaching their full potential.
What is strategic surveillance?
Strategic surveillance is designed to monitor events inside and outside the firm that may affect the course of the firm's strategy.
What is the most important pricing strategy for a perfectly competitive firm?
Minimizing cost
What is an undifferentiated marketing strategy?
An undifferentiated marketing strategy occurs when a firm focuses on the common needs of consumers rather than their different needs
When a firm sells part of itself to raise capital the strategy is known as a?
spin off
What is an important step early on when forming a web marketing strategy?
Hiring a consulting firm
How does operations strategy fit into a company's overall strategy?
Operations strategy is the collective concrete actions chosen, mandated, or stimulated by corporate strategy. It is, of course, implemented within the operations function. This operations strategy binds the various operations decisions and actions into a cohesive consistent response to competitive forces by linking firm policies, programs, systems, and actions into a systematic response to the competitive priorities chosen and communicated by the corporate or business strategy. In simpler terms, the operations strategy specifies how the firm will employ its operations capabilities to support the business strategy. Operations strategy has a long-term concern for how to best determine and develop the firm's major operations resources so that there is a high degree of compatibility between these resources and the business strategy. Very broad questions are addressed regarding how major resources should be configured in order to achieve the firm's corporate objectives. Some of the issues of relevance include long-term decisions regarding capacity, location, processes, technology, and timing. The achievement of world-class status through operations requires that operations be integrated with the other functions at the corporate level. In broad terms, an operation has two important roles it can play in strengthening the firm's overall strategy. One option is to provide processes that give the firm a distinct advantage in the marketplace. Operations will provide a marketing edge through distinct, unique technology developments in processes that competitors cannot match. The second role that operations can play is to provide coordinated support for the essential ways in which the firm's products win orders over their competitors, also known as distinctive competencies. The firm's operations strategy must be conducive to developing a set of policies in both process choice and infrastructure design (controls, procedures, systems, etc.) that are consistent with the firm's distinctive competency. Most firms share access to the same processes and technology, so they usually differ little in these areas. What is different is the degree to which operations matches its processes and infrastructure to its distinctive competencies.
