Answer to Question #238887 in Management for yoyo

Question

How does the overall strategy of a company related with its operation strategy? Provide real life Ethiopian company that has Company overall strategy and operations strategy (Hint: Present each strategy first and elaborate their similarities and differences).

Answer 1

Operations strategy provides the ability to improve products, services, and processes. To develop the strategy, consider the business/corporate strategy and a market/needs analysis. A company's operations strategy is a set of decisions it makes in order to implement competitive business strategies. Operations strategy aids in the connection of operational-level decisions to company strategy, both short- and long-term.