Question: Broad stakeholder objectives form the backdrop to operations decision- making, and top managements objectives provide a strategic framework, but running operations at an operational day-to-day

Broad stakeholder objectives form the backdrop to operations decision- making, and top managements objectives provide a strategic framework, but running operations at an operational day-to-day level requires a more tightly defined set of objectives. These are the five basic performance objectives and they apply to all types of operation. Briefly discuss each of the five performance objectives

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