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  3. a business strategy: ï‚· clearly identifies th

A business strategy:  Clearly identifies the firm’s target market and broadly indicates what the operations and...

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Operations Management

A business strategy:

 Clearly identifies the firm’s target market and broadlyindicates what the operations and supply chain functions need to doto provide value to these customers

 Sets time frames and performance objectives that managers canuse to track the firm’s progress towards fulfilling its businessstrategy

ï‚· Identifies the role of supply chain partners

ï‚· Identify and support the development of core competencies inthe operations and supply chain areas

Draft a business strategy, for your own business,ensuring that the 4 (four) key areas mentioned above are adequatelydealt with.

Answer & Explanation Solved by verified expert
3.9 Ratings (639 Votes)
The company name is Good Food which produces and sells snacks biscuits and chips The firms target market is basically the United states region pertaining mostly the young teenagers and adults who consume chips and biscuits The company will be one but all the products will be sold in different brands to create a brand identity and a strategic value that if one product does not work the name wont have any influence on other products The Operations and supply functions need to work 247    See Answer
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