Low price and product features - operation strategy, Operation Management

Assignment Help:

Low Price and Product Features - Operation Strategy

Low price 

The ability of the operations system to satisfy the customers' requirements more cost-effectively (and by implication at lower price) than competitors. Virgin Atlantic captured a significant segment of the cross-Atlantic air-travel market by providing customers with a low-priced service. 

Product features or performance  

The extent to which a product or service offers more features or otherwise out-performs the offerings of competitors. Companies such as Porsche, Rolex and Hilton Hotels compete on these order winners.


Related Discussions:- Low price and product features - operation strategy

Explain perspective of project manager to avoid the obstacle, Analyze why i...

Analyze why it is important to address risk through the entire project life cycle. Identify three possible negative results that can occur if an organization fails to address risk

Explain loosening the constraints, Which of the following actions would exp...

Which of the following actions would expand the feasible region of an LP model? A.Loosening the constraints. B.Tightening the constraints. C.Multiplying each constraint by

Answer, What happens if balance doesn’t exist?

What happens if balance doesn’t exist?

Make scope statement for this project that contains examples, You are in ch...

You are in charge of organizing a dinner-dance concert for a local charity. You have reserved a hall that will seat 40 couples and have hired a jazz combo. Develop a  of all the

Explain what is the hourly production rate, An assembly line currently has ...

An assembly line currently has five workstations and the time required for each is shown below. 1: 48 seconds, 2: 38 seconds, 3: 44 seconds, 4: 56 seconds, 5: 42 seconds what is th

Explain cango is looking at ways to grow its business, CanGo is looking at ...

CanGo is looking at ways to grow its business. How should they approach the decision on how to do it?

Calculate a profit and loss statement, Calculate a profit and loss statemen...

Calculate a profit and loss statement and balance sheet (including calculating a missing figure. Capital): Asset, liability, owner's equity, revenue and expense amounts for Almo

Explain how an mnc selects an organizational structure, Complete a 3 page p...

Complete a 3 page paper in APA format (plus cover sheet and reference page) that discusses at least three factors that influence how an MNC selects an organizational structure

Explain what use of the term sale rather than demand presume, What does use...

What does use of the term sales rather than demand presume?

Explain introduction to optimum design, Why are there no solutions for Intr...

Why are there no solutions for Introduction to Optimum Design textbooks?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd