What do you see as the biggest financial issues of your organization? Hint: You are a nonprofit organization- so look at your means of funding and the relationship this has on your ability to treat patients and hire new staff. How will you address this financial issue?
1. Competitive advantage is the creation of a unique advantage over competitors. Briefly explain the three basic mechanisms that operations management can use to obtain that advantage.
2. What are the similarities and differences in location strategy between product and service firms? Note at least 2 of each, and briefly note its importance.