Strategy tells the organization where it is going.

Functional areas have strategies.

Strategies do not exploit opportunities and strengths, neutralize threats, and avoid weaknesses.

Cost leadership must be expensive.

Provide the maximum value as perceived by customer.

Reliability is matching market changes in design innovation and volumes.

Flexibility is meeting schedules.

Timeliness is quickness in design, production, and delivery.

Remain open to the free flow of ideas.

Offer better unemployment opportunities.

Uninteracting with foreign customers and suppliers can lead to new opportunities.

To produce products consistent with the company's mission as the worldwide low-cost manufacturer is a sample mission.

State the reason for the firm's existence and identify the value it wishes to create.

The operations manager's job is to implement an OM strategy, provide a competitive advantage, and decrease productivity.