Components of an Operations Strategy
What are the components of an operations strategy in a strategic business plan? Discuss the conceptual framework of a service blueprint and explain its importance in the strategic business planning process. Explain the differences between a sales forecast and an operating budget. Compare and contrast the use of projected balance sheets, profit and loss, and cash flow statements in the strategic business planning process. Explain why financial projections in the strategic business planning process are so important to potential investors.
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