Question: Wirte about competitive priorities (The Edge) with suitable examples. Competitive Priorities- The Edge . Four Key Operations Questions: Will you compete on - Cost? Quality?

Wirte about competitive priorities (The Edge) with suitable examples.

Wirte about competitive priorities (The Edge)

Competitive Priorities- The Edge . Four Key Operations Questions: Will you compete on - Cost? Quality? Time? Flexibility? All of the above? Some? Tradeoffs? Wiley 2010 12 Competing on Cost . Offering product at a low price relative to competition . Typically high volume products . Often limit product range & offer little customization . May invest in automation to reduce unit costs . Can use lower skill labor Probably uses product focused layouts Low cost does not mean low quality 13

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