[ QUESTION FOUR The Process of Operations Strategy needs to be well formulated for it to meet
Question:
[ QUESTION FOUR The Process of Operations Strategy needs to be well formulated for it to meet Organisation's business strategy. Elucidate the following; (a) What is Operations strategy and what does seek to achieve in Operations Management in terms of the Operations Resources Objectives and Market Requirements? [5Marks] (b) A good Process formulation must follow a rigorous approach. ListSeven (7)steps that you would follow in order to arrive at good typical process of Operation Strategy formulation and emphasize this through4Cswith a comprehensive definition and description of this same4Csacronym. [10Marks] (c)Ken Platts of Cambridge University has written about the nature of Operations Strategy Process. His generic description of the process is referred to as the5Ps.Identity and briefly explain these5Psin terms of characteristics and significance in the process of Operations Strategy formulation, for effective implementation [10 Marks