Thequestion one is Q1:Identify and explain the four strategies thatoperations managers of international and multinational firms use toapproach global opportunities.
The second question is Q2:Explain, citing appropriateexamples, how flexibility saves time and stimulates response.
Expert Answer
Question 1
The operation managers of International & multinationalcompanies usually use these four strategies :
a) Cost Leadership Strategy : The large outputs are sort out forachieving economies of scale and sourcing of materials as peravailable location resources. The products are available in marketwith competitive rates due to advantages in terms of cheap labor,raw material and other resources.
b) Localisation Strategy: The focus is on meeting the local ordomestic
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