Which of the following strategies involves a plan of action focused on the transformation of a firm's resources into goods and services?
A) Layout
B) Product
C) Capacity
D) Process
E) Location

Question

Quizplus · Accepted Answer

The strategy that involves a plan of action focused on the transformation of a firm's resources into goods and services is known as the process strategy. This strategy involves determining how a firm can efficiently produce products or services by defining the methods, equipment, and technology required for each stage of the production process. The other choices (layout, product, capacity, and location) are all important factors in operation management, but they do not specifically focus on the transformation of resources into goods and services.

Which of the Following Strategies Involves a Plan of Action