QUESTION FIVE:Firms produces goods and services for its existence basing on the nature, hence the products can beclassified into goods and services. However, regardless of whether the end product is a good or service, allactivities that happen within the scope of organization are often viewed as a set of operations. Mr$.$ Katamuaand his team are expert in OM but they want to open a manufacturing firms producing pharmaceutical productsin Mwanza region. They decided to consult you as MBA graduate studied Operations Management for advice on significance of OM and decisions they will make to ensure the plant is in operations in order to attaincompetitive advantage and become sustainable in this industry. They decided to consult you because you areaware on the business environment in Tanzania and because most of OM decision are strategic decisions

REQUIRED:

a$)$ Describe the Nature and significance of Operations Management using the knowledge you haveacquired during your MBA studies.

b$)$ Why Operations Management decisions are strategic decisions? Give three reasons

c$)$ Operational strategy specifies the policies and plans for using the organizations resources tosupport its long term competitive strategy. Describe any four $(4)$ competitive strategies of amanufacturing firm.