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Components of Strategy
Strategy has four basic components:Scope: which refers to the position the firm wants to have in relation to its environment.
Resource deployment indicates how the organization intends to allocate resources.
Competitive advantage is the specification of what advantage(s) the firm holds relative to competitors and
Synergy is the extent to which various businesses within the firm can expect to draw on one another.
Disadvantages of FMS Limited ability to adapt to changes in product Substantial preplanning and capital Tooling and fixture requirements
Backward Integration A strategy in which an organization builds competitive benefits by controlling the provider of the raw materials needed to make its products.
Location Models or Methods Factor rating system Factor Rating System are perhaps the most widely used of the general location techniques because they provide a mec
explain the reason for the divergence of opinion from one technique to the next?
GBF Group is a leading food and beverage manufacturer with an international presence in over 50 countries worldwide. The group has seven strategic business units (SBUs) and each ha
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The primary benefit of implementing quality design techniques is a significant decrease in time to market. Other benefits of quality by design techniques are: 1. Faster
What are conflicts probable to arise between project managers and PPSO staff? PPSO (Project and Programme support office) staff can, when they are not careful or when they are
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