oncept of Benchmarking & why are services benchmarking is more difficult than product benchmarking?
Q: Thinking about the product - "SERVICE (YOUTUBE) answer the following questions: What is the…
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Q: How would you develop a methodology for Hardee to price its existing services? Its evolving…
A: Hardee’s has been a fast-food restaurant chain in America since 1960.
Q: What is the best type of benchmarking? Why?
A: Benchmarking helps to know how an organization is performing compared to other organizations. It…
Q: Why is it essential to involve the employees in the development of Service strategy?
A: The execution of a business plan in order to achieve corporate objectives is known as strategy…
Q: What is primary goal of value chain analysis
A: VCA which is also known as Value chain analysis is a procedure where a company recognizes its main…
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A: I. Support services buyets of smartphone wants: 1. Good customer services. 2. Good after sales…
Q: What are the different steps involved in the New Service Development Process?
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Q: What exactly is benchmarking, and how does it work?
A: Benchmarking is utilized by businesses to measure their performance relative to others. Businesses…
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A: The design strategy is a link between corporate strategy and design thinking. Corporate strategy is…
Q: Select 2 categories out of the value chain : (company, supplier, distribution, customer) and access…
A: Ans. A value chain is a business model so much describes the full extent about activities needed in…
Q: What are the customers' "Needs and Wants" and "Jobs to Be Done" from the crisps company Walkers?
A: PepsiCo is the parent organization of Walkers crisps. It is sold in UK and Ireland markets.
Q: How should capabilities be used to provide unique value to customers?
A: Introduction":- A understanding that the products engineering team or those who assist them are…
Q: The U.S. Environmental Protection Agency has implemented the SmartWayTransport Partnership. Discuss…
A: The SmartWay Transport Partnership is a creative joint voluntary program between the Environmental…
Q: How can Nestlé and Unilever use Value Analysis to decide which products be the highest priority for…
A: Value analysis is a process an organization uses to evaluate the process in which an alternative…
Q: Choosing a Benchmark - What to Look For
A: The business will be run by the organization to increase the profitability of the company, and to…
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A: SME stands for small and medium-sized enterprises. These enterprises play important role in the…
Q: Assume you are responsible for developing a benchmarking program. Describe how you would go about…
A: Benchmarking is the process where the existing company tries to compare and measure the performance…
Q: Why new service development is important?
A: A major point of difference between product development and service development is the involvement…
Q: Create innovative market test concept ideas that you can imagine for future product/service…
A: On the other hand, market testing is typically reserved for items whose performance is difficult to…
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A: The term customer service refers to the assistance provided by the business organization to its…
Q: Social media can influence the integrated value chain. Research the influence that Marianne Barnes,…
A: Value chain Integration - The value chain is a great framework to examine the internal organization…
Q: What benchmarking is and explain the steps of benchmarking that company needs to follow for…
A: Benchmarking is a method to measure the success of a team or a particular company by comparing the…
Q: Explain what is benchmarking and how does it function ?
A: Benchmarking can be defined as the sequential process that creates awareness for corporations and…
Q: What is overall equipment effectiveness(OEE%) and its purpose? Explain in brief.
A: OEE % tracks the ability of machines in the cell to produce the product at the right time and with…
Q: What trade-offs are involved in deciding on whether to offer a product or service guarantee?
A: A guarantee is a kind of promise given to customers that the product or service will perform as the…
Q: What is gage R&R, its used & benefits give examples?
A: Manufacturing is a process that needs continuous improvement in it. There are many problems and…
Q: Dramatic cost advantages can emerge from finding innovative ways to restructure processes and tasks,…
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Q: Think about a product/service you or your family really like and explain in detail why you like the…
A: There are many products and services, which I like. One of them is discussed as follows
Q: Think about a product/service you or your family really like and explain in detail why you like the…
A: Colgate toothpaste is one of the products that has consistently been part of our family for more…
Q: How can observations and experiments help the organizations develop new products and services that…
A: New product propositions are important for the growth of any business and it also enhances the…
Q: Why is it important to work row by row instead of column by column in preparing a QSPM?
A: Quantitative Strategic Planning Matrix is a strategic management approach. It is also used in…
Q: Discuss any FIVE (5) barriers of SHRM implementation in the respective organization. Supplement your…
A: Strategic human resource management or SHRM is a new phase of human resource management in modern…
Q: Why is it sometimes advantageous to benchmark performance against a non-competitor?
A: Definition: - Benchmarking is a business practice of competition, competitive strategies, and…
Q: How can a bakery increase customer loyalty?
A: Build relationships. Stay in touch with your customers to keep your store on their radar. Offer…
Q: Explain the logic of the Baldridge criteria framework and why each element is important in any…
A: A Baldridge self-assessment helps organizations assess whether they are developing and deploying a…
Q: Why is the benchmarked company better?
A: Management is the process of doing something or dealing with something or controlling people. It is…
Q: HOW TO MEASURE the product differentiation in food and beverages industry?
A: Product differentiation is a concept by which companies differentiate their products from…
Q: our own example, discuss with a customer
A: Challenges of customer relationship management: 1. Costly: The business must spend a significant…
Q: How can discoveries and tests aid in the development of new goods and services that meet the needs…
A: New product propositions are critical for every company's growth and increase its desirability.…
Explain your understanding of the concept of Benchmarking & why are services benchmarking is more difficult than product benchmarking?
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- How do you find an organization's core competencies and capabilities? How do you identify the four elements of the value proposition for an organization’s product/service?Why is it essential to involve the employees in the development of Service strategy?In this time of pandemic, should an organization redesign its products/services? What factors should organizations consider whether to redesign or not? Explain
- Percentage of sales obtained from new products & services is a performance indicator to measure the: 1.financial perspective 2.intrnal process 3.customer perspective 4.innovation and growth perspectiveWhat trade-offs are involved in deciding on whether to offer a product or service guarantee?What aspects of a product or service design make it attractive?
- Mental health problem has become quite common these days. What could be the potential products or services for this problem/pain identified or you can say ideas that can help to solve this problem of mental health. 10 products/ services or ideas are needed.How would you develop a methodology for Hardee to price its existing services? Its evolving services? Would you use the same or different strategies for each?what is product/service design?
- Think of a propose new or innovative product/service that you will offer in the market. Describe the business briefly.For Controlling Service Quality, provide a comprehensive description, what benefit it may offer to the ABC Corporation, and what needs to be done in order to successfully implement this topic into the ABC Corporation. Integrate appropriate biblical references. Explain how Controlling Service Quality magnify God’s plan for you?