What is the best strategy operations management offers for organisations that offer products of superior quality for which they can charge a premium price?A.Operations management can save time for everyone and just make the product for the organisation.B.Operations management offers ways to enhance the quality of inputs being used and develop unique products with unique features that customers highly value.C.Operations management limits the products made so you can focus on the creation of just making a small number of items.D.Operations management provides ways to source and utilise the cheapest possible input to get products to customers in ways that minimise cost and spoilage.
Question
What is the best strategy operations management offers for organisations that offer products of superior quality for which they can charge a premium price?A.Operations management can save time for everyone and just make the product for the organisation.B.Operations management offers ways to enhance the quality of inputs being used and develop unique products with unique features that customers highly value.C.Operations management limits the products made so you can focus on the creation of just making a small number of items.D.Operations management provides ways to source and utilise the cheapest possible input to get products to customers in ways that minimise cost and spoilage.
Solution
The best strategy operations management offers for organisations that offer products of superior quality for which they can charge a premium price is B. Operations management offers ways to enhance the quality of inputs being used and develop unique products with unique features that customers highly value. This strategy allows organisations to maintain their high-quality standards, justify their premium pricing, and meet customer expectations.
Similar Questions
Operations management encompasses all of the following EXCEPT:Multiple Choicebuying materials.capacity planning.scheduling.motivating employees and training.preparing financial statements.
Operations management refers toMultiple Choicethe development and administration of the activities involved in transforming resources into goods and services.the activities and processes used in making tangible products.the activities and processes used in making both tangible and intangible products.connecting and integrating all parties or members of the distribution system in order to satisfy customers.
Operations management is the management of:ResponsesProcesses that create productsProcesses that create productsHuman resources in a companyHuman resources in a companyTesting to ensure quality productsTesting to ensure quality productsMarketing of the company's products
Why is operations management important?A.Operations management contributes to an organisation’s strategy and influences its productivity.B.Managers are better at only managing their employees.C.Operations management impacts the customers' look on what they would like to purchase.D.Managers don’t need to be familiar with the operations management side since they won’t be involved with the inputs and outputs of the company.
OPERATIONS MANAGEMENT
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