Once a business strategy has been developed:
A) service prices are established
B) competition must be identified
C) an operations strategy must be formulated
D) contracting with external sources must begin
E) insourcing will be conducted

Question

Quizplus · Accepted Answer

Once a business strategy has been developed, the next step is to formulate an operations strategy that aligns with the overall business strategy. This involves determining the resources needed, designing processes and procedures, and setting performance goals. The other options may be important components of a business strategy, but they do not necessarily follow the development of the strategy itself.

Once a Business Strategy Has Been Developed