fast

1. Strategic Decisions set the direction for the entire firm and are broad in scope and long-term in nature. 2. Operations Strategy is a plan for the design and management of competition functions. 3. Repetitive process is a process used to produce one or a few standardized products in high volume. 4. A supply chains is the network of all the activities involved in delivering a finished product/service the supplier. 5. Effective capacity is the maximum output rate under normal (realistic) conditions