In what ways does a typical manufacturing business differ from a merchandising concern? In what ways are they similar?
Q: What is Business Process Reengineering?
A: Business process re-engineering is defined as the act of changing an organization’s major functions…
Q: Why can’t we separate firms into just service or justproduct sellers?
A: A product is a tangible item that can put on the market for attention, acquisition, and consumption.…
Q: Which are the Principles of Reengineering?
A: Principles of reengineering are stated below: Work should be result oriented rather than…
Q: what are the advantages of making a product in-house?
A: When firm manufacture goods in-house, then the organization is controlling the entire process from…
Q: Why can materials management be considered a balancing act?
A: The management of materials is called materials management. It includes the purchase of material,…
Q: Research and briefly describe the Delphi technique. How would it be used by an employer you have…
A: Forecasting is the process of making assumptions of the future on the basis of past and present data…
Q: Compare the main similarities and differences between various types of firms?
A: There are a number of business structures that are used across world. However, the business…
Q: What is the key to creating value and customer satisfaction?Single choice.
A: The best way for customer value creation is the values you hold within your organization. The values…
Q: Information can come in many different forms, list five forms
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Q: If you are the Head of warehousing operations and are sponsoring and leading the initiative to…
A: The increasing demands of customers to deliver a perfect order with reduced lead time, the top 2…
Q: What is the firm's primary goal?
A: About pricing, firms offer considerable resources to their decisions. Big organizations frequently…
Q: How is Services Operations management different than Product Operations management?
A: Production is the process of transforming raw materials and resources into finished products and…
Q: Learn what sales and operations strategy is and how it connects engineering, logistics, customer…
A: Sales and operations planning is a method that emphasises plans for the organization's supply chain…
Q: Describe what is sales and operations planning and how it coordinates manufacturing, logistics and…
A: The supply chain is a business approach that focuses on the organization's supply chain drivers in…
Q: As an entrepreneur, you decided to start a medium-scale business of selling garden pots or baskets.…
A: Answer: Between the Available choices of garden-pots, I choose to select 2 categories-one is…
Q: PLEASE help we need the following in our ASSESSMENT our business/product is CANDLE LAVANDER SCENT…
A: A business method is a set of actions taken by a group to accomplish a specified purpose. Each phase…
Q: Differentiate Manufacturing Operations from Merchandising Operations.
A: Both manufacturing and Merchandising are an integral part of any business.
Q: Contrast past and present business environments with regard to the following aspects: basis of…
A: Business environment is evolving with time. All the aspects of business whether labor skills,…
Q: Analyze one of the following industries using the 5-forces model: Coffee Soft Drinks Cell Phones…
A: As you asked to analyse one industry, so i'll analyze soft drink industry below:
Q: How does OM identify and Execute the key success factors in the functional areas?
A: The key functions of operations management used to include planning, budgeting, hiring staff,…
Q: What do you mean by The Firm's Primary Goal ?
A: The primary goal of the firm means the basic aim or objective of the firm. The goal is to maximize…
Q: Discuss how the performance of a firm can be evaluated. Illustrate with appropriate examples.
A: You can decide how well your organization is performing by contrasting the aftereffects of drives…
Q: What are the methods used by firm in implementing effective business process reengineering.
A: A business process is a series of tasks performed by stakeholders of the business to deliver the…
Q: Define business process outsourcing (BPO)?
A: Business process outsourcing (BPO) can be termed as a subset of outsourcing where the operations and…
Q: What is the Corporate Mission Statement of Home Depot?
A: Home Depot was established in 1978, and now the form is providing leading home improvement retailer…
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A: IFE matrix stands for Internal Factor Evaluation matrix. IFE matrix is a strategic tool that is…
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Q: Identify the three major functional areas of business organizations and briefly describe how they…
A: Step 1: There are six functional areas of business management Strategy Marketing Finance Human…
Q: Describe the two different types of production processes?
A: Now-a-days every business know what they want to produce, but the challenge is to select a process…
Q: Does national or regional culture affect a company's culture? Why or why not? What examples can you…
A: Yes, national and regional cultures influence an organization’s culture. This happens due to the…
Q: 3. Compare the service, merchandising, and manufacturing businesses in terms of their products and…
A: Merchandising firms buy products that are already on the market and then resell them to end users.…
Q: Give 5 examples of food products that can be innovate and explain why. Example: coffee shop that…
A: Innovation: Innovation refers to the introduction of new ideas. It can also relate to product or…
Q: The boundaries of any industry consist of a the scope of product or services b the geographic…
A: (d) both a and b The boundaries of any industry consist of the scope of product or services and…
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A: An entrepreneur is a person who starts a business venture with the conception of a novel and…
Q: Why is Harley-Davidson identified as a repetitive manufacturer, not a mass customizer?
A: Customization is an international marketing tactic that is implemented by organizations to cater to…
Q: describe what kinds of firms may survive even without having to do much environmental scanning?…
A: Environmental scanning is the continuous following of patterns and events in an association's inside…
Q: Explain Computer-Integrated Manufacturing (CIM)?
A: Operation management in an organization aims at providing the highest efficiency possible. It…
Q: Using examples, explain how product life cycle theory evolve companies into MNCs. Elaborate your…
A: Product life cycle consists of four steps: Introduction. Growth. Maturity. Decline.
Q: 5. Diagram the functional subsystems of a typical foodservice.
A: Functional subsystems are the processes, which include formal and informal rules, the flow of…
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A: Shapers – people who challenge the team to improve.Implementers – the people who get things…
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Q: Describe the technological typology of Thompson
A: Thompson's considers innovations when assessing the various activities of the company. He believes…
In what ways does a typical manufacturing business differ from a merchandising concern? In what ways are they similar?
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- For what reasons might a firm choose an option other thanmaking a good or service in-house? Why is outsourcing on therise? How is offshoring different from outsourcing?To what extent does the culture of a firm impact its success? When you worked for a certain firm, please explain the culture of that organization.this concept attempts to represent a companys supply networks, subcontractors, marketing and distribution systems diagrammatically but does not do justice to the complexity of the process involved. instead notions of circuitry and interconnection are a better metaphor then? a- commerce b-commodity chain c- capitalism d- cultural economy
- ________ refers to focusing on core competencies and letting other companies handle remaining business functions. A) Outsourcing B) Scaling C) Supply chain D) Value webs E) External valuationHi. Thank you for explaining. Can you describe how the three stages mentioned above can be applied to a clothing tailoring business?How does an individual firm like Zara manage a supply chain? Howdoes it get new products from design to store so quickly?