The importance of operations strategies was stimulated by ______.
A)loss of market share due to global competition
B)operations personnel making significant contributions to corporate strategy
C)the adoption of operations strategies worldwide
D)less emphasis being placed on marketing and finance functions

Question

Quizplus · Accepted Answer

Operations strategies have become increasingly important due to the intense competition brought on by globalization. As companies strive to remain competitive, they must constantly look for ways to improve efficiency, quality, and innovation in their operations. This has led to a greater focus on operations strategy and has made it a key factor in determining a company's success.

The Importance of Operations Strategies Was Stimulated by ______