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 your role as an employee of an organization, Describe your role as ...

Describe your role as an employee of an organization in the IS field. Give examples of what you need to know about information systems and how it can help with your job performance

Describe when stakeholder identification occurs, Explain when stakeholder i...

Explain when stakeholder identification occurs and explain the importance of stakeholder analysis

Explain hierarchy of managers, 1. What are the common characteristics of al...

1. What are the common characteristics of all companies? Can a manager have operation responsibilities? Explain. What are three characteristics that a manager must have to be succe

Explain how can differences in the cultures of two countries, How can diffe...

How can differences in the cultures of two countries create ethical issues in our business operations? A key to answering this question is to first understand culture, particularly

Explain lean approach to supply chain management, Does a Vendor Managed Inv...

Does a Vendor Managed Inventory system support a "lean" approach to supply chain management? Explain

Explain tomorrow''s business environment, Write a job description for a pos...

Write a job description for a position in tomorrow's business environment

Explain which characteristic of a project manager is more im, Discuss which...

Discuss which characteristic of a project manager is more important to high performance teams%u2014use of power or motivation?

How the organization you researched could become productive, Make one solid...

Make one solid recommendation for how the organization you researched could become more productive by applying one of the lessons learned. Explain your rationale.

Explain self-awareness and empathy, The perceptual distortion of projection...

The perceptual distortion of projection can be controlled thru a high degree of/ 1.ethical behaviour/2.cognitive consistency/3.emotional discernment/4. self-awareness and empathy/5

Describe detect the presence of assignable causes, If the time order of pro...

If the time order of production has not been recorded in a set of data from a process is it possible to detect the presence of assignable causes?

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