Answered: Explain how operations management…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

See similar textbooks

Related questions

Question

Explain how operations management enhances a company's competitive position

Expert Solution

Step 1: Introduction

The function of operations management has transformed into a crucial predictor of a company's performance in today's fiercely competitive business environment. Effective operations management is a strategic role that can considerably improve a company's competitive position. It goes beyond simply supervising the production process. Operations management equips businesses to succeed in a competitive and demanding market by streamlining operations, lowering costs, enhancing quality, and meeting consumer expectations.

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.

Similar questions