Explain several ways in which operations management can lead ?

Business & Finance
Tutor: None Selected Time limit: 1 Day

Explain several ways in which operations management can lead to greater competitive advantage and profitability. Include at least two real-world examples.

Aug 20th, 2015

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A competitive advantage can be gained by offering the consumer a greater value than the competitors, such as by offering lower prices or providing quality services or other benefits that justify a higher price.

1.Product differentiation is achieved by offering a valued variation of the physical product. The ability to differentiate a product varies greatly along a continuum depending on the specific product.

2. Service differentiation; Companies can also differentiate the services that accompany the physical product. Two companies can offer a similar physical product, but the company that offers additional services can charge a premium for the product.

3. People differentiation; Hiring and training better people than the competitor can become an immeasurable competitive advantage for a company. A company's employees are often overlooked, but should be given careful consideration. This human resource-based advantage is difficult for a competitor to imitate because the source of the advantage may not be very apparent to an outsider.


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Aug 20th, 2015

can you give example of 2 restaurants 

Aug 20th, 2015

ok, let me give the two restaurants

Aug 20th, 2015

In the personal computer business, Dell and Gateway claim to provide excellent technical support services to handle any glitches that may occur once a consumer has bought their product.

the restaurants are; Arab Udupi in united arab emirates, baham breez in united states





Aug 20th, 2015

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