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  • What Is Competitveness

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    Famini Jericho R.
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    The document discusses key operations management concepts including competitiveness, the difference between strategy and tactics, and productivity. Competitiveness refers to a firm's ability to achieve superiority over competitors through factors like quality, price, reliability, and flexibility. A strategy outlines long-term goals and how to achieve them, while tactics are individual actions that implement strategic initiatives. Productivity is a measure of how efficiently an organization uses its resources, calculated as the ratio of outputs to inputs.

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    What is Competitveness (1)

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    The document discusses key operations management concepts including competitiveness, the difference between strategy and tactics, and productivity. Competitiveness refers to a firm's ability to achieve superiority over competitors through factors like quality, price, reliability, and flexibility. A strategy outlines long-term goals and how to achieve them, while tactics are individual actions that implement strategic initiatives. Productivity is a measure of how efficiently an organization uses its resources, calculated as the ratio of outputs to inputs.

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    © All Rights Reserved
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    5 views1 page

    What Is Competitveness

    Uploaded by

    Famini Jericho R.
    The document discusses key operations management concepts including competitiveness, the difference between strategy and tactics, and productivity. Competitiveness refers to a firm's ability to achieve superiority over competitors through factors like quality, price, reliability, and flexibility. A strategy outlines long-term goals and how to achieve them, while tactics are individual actions that implement strategic initiatives. Productivity is a measure of how efficiently an organization uses its resources, calculated as the ratio of outputs to inputs.

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    © All Rights Reserved
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    of 1

    ACTIVITY 2

    Operation Management

    FAMINI, JERICHO R.
    BEN 1B

    What is competitiveness?
    Competitiveness refers to a firm's ability to achieve market superiority over
    competitors, focusing on product performance, low prices, dependability,
    and flexibility. Improvements in quality lead to productivity, lower costs, and
    often, firms become low cost leaders.

    What is the difference between strategy and


    tactics
    A strategy is a future action plan that outlines long-term goals and the
    methods to achieve them while tactics are individual steps and actions
    taken by teams to implement the initiatives outlined in the strategy.

    What is productivity?
    A manager's primary responsibility is to maximize productive use of an
    organization's resources, measured by productivity, which is the ratio of
    output to input.

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