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

Case Study, Combine your list with the lists of a few other class members a...

Combine your list with the lists of a few other class members and categorize the items under a series of major headings.

Explain data storage systems in hotels, Which of the following are defined ...

Which of the following are defined as core goods? Chemicals Airlines Data storage systems Hotels None of the above

Explain which option is more economical, A company is the logistics vendor ...

A company is the logistics vendor for B Company. B has daily shipments of a power-steering pump from its Ohio plant to an auto assembly line in Alabama. The value of the standard s

Hospital management requirement, The local hospital's emergency department ...

The local hospital's emergency department has 5 trauma bays. On average, patients requiring a trauma bay arrive every 50 minutes (with a coefficient of variation of 1, no seasonali

Explain quality will be expected of health care providers, What tools and v...

What tools and value added quality will be expected of health care providers? What changes will health care providers need to make to be competitive and gain consumers and maintain

Explain about the term flexible firm, Explain about the term flexible firm....

Explain about the term flexible firm. Flexible firm: By John Atkinson the conception of the “flexible firm” was proposed, he recognised about organisations will need grea

Explain companies doing acquisitions and mergers in future, Based on your r...

Based on your research of the United and Continental Airline merger, evaluate the challenges experienced during the merger and the resulting impact to the business. Assess the effe

Discuss three key problems, In "Consequence Management in the 1995 Sarin At...

In "Consequence Management in the 1995 Sarin Attacks on the Japanese Subway System", what were some of the key problems confronting Japanese first responders to the chemical attack

Explain what is the probability distribution of the time, Consider a queuin...

Consider a queuing system with 2 types of customers. Type 1 customers arrive according to a Poisson process with a mean rate of 5 per hour. Type 2 customers arrive according to a P

MB0044, What do you understand by “line balancing”? What happens if balance...

What do you understand by “line balancing”? What happens if balance doesn’t exist?

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