alleryStart learning →Operational management is mainly concerned with what?
ASetting the firm's long-term mission
BChoosing which industries to enter
CImproving efficiency and controlling costs
DDeciding on mergers with rivals
Answer & Solution
Correct answer: C. Improving efficiency and controlling costs
Operations work inside the boundaries already set by strategy, so its focus is efficiency and cost control.
Keep practising Strategic Management
Browse all Strategic Management questions for CA Inter, or explore more Strategic Management topics.
Related questions
In which year did Porter describe the value chain?Which of Porter's four elements is internal?Which activity is analytical and produces data used as input for strategic thinking?Mintzberg held that strategic thinking is more about which activity than analysis?Which technique builds several possible outcomes, per Schwartz?Goold, Campbell and Alexander proposed which corporate-level parallel to competitive advanWhich Porter concept means buying a firm and replacing its management?Which activity forms part of Porter's value chain?