Question

I want answers to the following questions in detail regarding "Operations Strategy in a Global Environment":
1. How does an efficient operations management strategy should have both a mission and a strategy to manage their actions?
2. What is a competitive advantage and what are the ways that a corporation may create one?
3. Many strategies for operations now require a global aspect. Global business is any corporation that engages in foreign trade or investment and these businesses can take many forms. Please describe the international operation and score on the cost reduction and local response?

Answer 1

1. An efficient operations management strategies include everything related to the enhancements and improvement of the operations and working of the organisation. It Include all the practices and guidelines which will help out the organisation to provide best of its services and products. In order to keep employees working in the direction of achievement of organisational goal, operations management provide a well defined and motivating missions and strategies to the employees so that they keep their workings regularly to achieve their target and objectives.

Strategies provide proper direction of work and methodology of work which should be done by all the employees of the organisation. Mission provide a well defined target to all the employees according to which they have to work to achieve it.

2. The advantage that an organisation have that make its products and services superior among all the choices of the customers is know to be the competitive advantage of that particular organisation. Competitive advantage provide advantage to the organisation because of its superiority over all its competitors.

A corporation can create its competitive advantage by following ways -

1. Identifying the real competitors and then work on own products and services accordingly
2. Make unique and innovative products or services which can gain more customers and sales.
3. Identifying the correct target market and its need and then work accordingly to fulfill it
4. Identifying the real advantages that the product of the organisation can provide and then advertise it in more connective way to customers.

3. International operations are now one of the most important aspect of strategies for operations in an organisation in a global aspect. International operations provide a global reach to the organisation and also widen the operational area of the product and services of the organisation. It will create a high competition in a global aspect as well as domestic aspect. International operation provide a range of product and services to the customers that will create a a wide range of of options to the consumer. Local responses in respect to the international operation also seems to be very attractive because anything which is on a global standard can provide better services. Competitions for domestic organisation also get increases due to global reach of many corporations.