The business strategy followed by the firm sets the stage for the role of operations management within an international firm.

Question

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The business strategy of a firm outlines its overall direction and objectives, including how it intends to compete in various markets. This strategy directly influences the role and priorities of operations management, especially in an international context, where considerations such as global supply chain management, localization vs. standardization, and compliance with international regulations become crucial.

The Business Strategy Followed by the Firm Sets the Stage