What are the differences between product and service design?

Q: Have you ever worked where emotions were used as part of a management style? describe the advantages...

A: Allowing emotional display at the workplace and handling them appropriately are keys for the benefit...

Q: 3. Re-engineering processes are designed to: (mark all that apply) a. transition from one organizati...

A: Reengineering is most commonly used as the redesign of processes of business and the systems associa...

Q: Is your approach to change laden or Value neutral, can you articulate values?

A: Please find the attached answer in the step 2

Q: What is critical thinking and how do you measure it?

A: The ultimate cognitive task is thinking, using our brains actively to make sense of the world around...

Q: Is it a good strategy to focus most marketing efforts on the most profitable customers?

A: It isn't generally a decent procedure to concentrate the vast majority of the promoting endeavors on...

Q: Why would a lender offer unsecured short-term loans when it could demand collateral?

A: There are two types of loans in businesses- Secured business loans, which need some collateral for s...

Q: Operations Management Question

A: Binding constraints and non-binding constraints are part of the linear programming problem. Binding ...

Q: What are the most common defenses to trademark infringement in today's world where there are so many...

A: Trademark can be defined as a free symbol of the design that identifies and this thing is the source...

Q: Explain the importance of layout planning for everyday life.How has poor layout planning affected yo...

A: The best spatial arrangement of all services that occupy space inside a facility is determined throu...

Q: Identify and describe the major ingredients of a promotion mix.

A: Companies use various promotional methods to promote their products and all the promotional techniqu...

Q: Discuss the advantages of electronically transmitting and receiving purchasing documents (e-procurem...

A: The business-to-business (B2B) method of requisitioning, ordering, and buying products and services ...

Q: 7. Which of the following teams have low influence (power) and limited information at their disposal...

A: The correct answer is b. Parallel structure.

Q: Identify and give examples of the three major types of salespersons.

A: Every organization wants to attain the favorable position in the market. After effective production ...

Q: Some firms do not delete products until they become financially threatening. What problems may resul...

A: One of the biggest reasons for the deletion of products from the market is the lack of profit. But t...

Q: The United States restricts imports but, at the same time, supports the WTO and international banks ...

A: International banking refers to the banking services that take place across the international bounda...

Q: The Simple Simon Bakery produces fruit pies for freezing and subsequent sale. The bakery,which opera...

A: Given Annual Production (p) = 16640 ( production of 64 pies for 5 days per week throughout 52 weeks...

Q: What are the advantages and disadvantages of Frito-Lay driv-ers stocking their customers’ shelves?

A: The advantage is that they have knowledge about the company's current policies and display products ...

Q: A means of limiting production delays caused by equipment breakdown and repairis to(1) schedule prod...

A: The answer is option 4.

Q: What are the five components of internal control in the COSOinternal control framework?

A: COSO Internal Control Framework: The COSO model defines internal control as “a process effected by a...

Q: What are the advantages and disadvantages of external recruiting? Of internal recruiting?

A: Recruitment refers to the general method of recognizing, hiring, choosing, shortlisting, and intervi...

Q: Select a small business of which you are familiar and possibly where you may have a contact person w...

A: Business Name: Internet Cafe Location: Mumbai, Mh, India Overview: This shop consists of multiple co...

Q: roles of CFIA and CBSA

A: Role of CFIA: The role of Canadian Food Inspection Agency is enforcing food safety legislation and i...

Q: Give an example of a poor layout. Find a better solutionfor that layout problem.

A: Every organization aims for attaining the position in the market. In order to achieve it, they striv...

Q: Explain the value of seasonal indices in forecasting. How areseasonal patterns different from cyclic...

A: Seasonal variations in information are standard here and there results in developments in a period a...

Q: Mile-High Microbrewery makes a light beer and a dark beer. Mile-High has a limited supply of barley,...

A: Product        Resources  Light Beer Dark Beer Resources Availability  Barley  0.1 gram  0.6 gra...

Q: Explain what meritocracy is and how it works? 2) Explain why it is an ideology of inequality (think ...

A: Meritocracy can be defined as a political system in which the economic goods are the political power...

Q: The Fifth Quarter Bar buys Old World draft beer by the barrel from a local distributor. The bar has ...

A: Optimal order quantity is calculated to find out economic order quantity which means how much quanti...

Q: What issues does the logistics manager face once unit loadshave been placed onto a transportation ve...

A: Logistics are the part of supply chain management which helps in transportation of items or products...

Q: 3) A firm makes three products 1,2, and 3. Each product requires production time in three department...

A: This is a linear programming problem.

Q: A new medical facility, Health-Watch, is to be located in Erie, Pennsylvania. The following table sh...

A: The weighted score is calculated by finding the product of weight and score for each factor. Formula...

Q: Give the main issues in the case study of "Improvement of Productivity and Quality in the value chai...

A: In the case study , lean manufacturing defined as - a system of continuous improvement that integrat...

Q: Powers not exclusively granted to government within the constitution are expressly

A: Yes, it is very right that not all the exclusive power has been granted to the government, all the g...

Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.