Q: How Competitive Strategy and Competitive Forces are related with MIS?
A: Management information system refers to the use of computer systems in order to conduct day to day…
Q: Why are customers the foundation of an organization's business level organization?
A: The relationship is important to focus on the firm's strategy around the customer. This results in…
Q: Diagram a foodservice organization as a system.
A: System approach to food service management sees the association as a bound together, deliberate…
Q: How can observations and experiments help organizations develop new products and services that meet…
A: Forecasting is the process of making assumptions of future events based on past and present…
Q: Select one of the industries mentioned in the case (sales and service, education or health care) and…
A: Introduction:- Overwhelming majorities in each of the 11 emergent and underdeveloped economies…
Q: How does a company go about "marketing" its products or services?
A: Different companies use different marketing techniques before launching their products such as…
Q: Types of business processes
A: Business Business is a set of commercial activities engaged in selling goods and services for…
Q: Discuss the relationship between Marketing and Strategic Alliances?
A: Ans. Introduction Relationship marketing involves looking for and laying out long haul alliances or…
Q: Explain the advantages and disadvantages of different types of business. Describe the various costs…
A: Business are three types 1.sole proprietorship 2.Partnership Business 3.Companies
Q: 4. Why should firms take the environment seriously? Give reasons for your answer.
A: Sustainability has become an increasingly important issue for everyone, specifically the business…
Q: Explain the significance of the manufacturing innovation
A: A Small Introduction about Innovation Innovation is the interaction and result of making a…
Q: Describe the relationship between a distinctive competency, a competitive advantage, and a sustained…
A: In simpler terms, distinctive competency refers to the unique characteristics or qualities that help…
Q: List the six characteristics distinguishingservices from goods
A: Marketing is said as promotional activity where business depends on advertising and publicity of…
Q: What are points of difference and why are they important?
A: There are different organizations and industries that are active these days. There are different…
Q: What is crowdsourcing and how is it managed by a business?
A: Crowdsourcing refers to collecting information, ideas, or opinions regarding a business task from…
Q: What evidence is there of the importance of manufacturinginnovation?
A: Manufacturing innovation is implementing innovations in every aspects of the manufacturing processes…
Q: Explain how do firms influence their environment ?
A: Many factors affect a company's performance in the marketplace. Businesses examine the six broad…
Q: What are the Advantages of Using IT in a Competitive Environment?
A: Information Technology (IT) is very crucial part of the environment. The changes in IT raises…
Q: How to retain customers?
A: Customer retention: The ability of a company to get the customers purchase repeatedly without them…
Q: discuss competetive environment in a firm
A: A competitive environment is a system where different businesses compete by using various marketing…
Q: Give an example of producer?
A: The business that buys goods and services and after buying converts them into final goods are…
Q: How can our customers influence each other?
A: Customers - Customers are those who are involved in the transactional activity against the sale and…
Q: Identify three examples of principles and ideas that have been widely diffused and accepted.
A: In this question, I have identified the principles and ideas as applicable in operations management,…
Q: To what extent has the use of technology influenced product and service development?
A: The impact of technology on service strategy:
Q: Explain what are the possible conflicts between marketing and other functional areas and why? How…
A: There are various kinds of manufacturing tasks and industrial processes that are being done in every…
Q: How can the company differentiate its goods and/or services from those of its competitors?
A: The following is the response:
Q: What is Processed Materials?
A: Processed materials are the materials where the raw materials are built or refined by machines or…
Q: Enumerate and describe the various stages of systems development life cycle.
A: Systems development life cycle can be defined as a model of project management which defines various…
Q: Are competency-based systems more subjective
A: The evaluation process of employees is complex in nature. It requires efficiency in data analysis…
Q: "How do firms influence their environment?"
A: Any firm in the marketplace is influenced by several environmental and many other factors. Firms or…
Q: Explain the whole decision making process using a practical example of each step of the process.
A: Decision making is the practice of making choices by identifying decisions, obtaining facts and…
Q: What four important competitive priorities will an organization rely on to remain relevant in its…
A: Competitive priorities are the factors that determine a firm's production system to support and…
Q: HOW DO FIRMS ENGAGE THEIRCUSTOMERS?
A: Running a successful business requires engaging your customers. It takes more than just selling…
Q: Discuss the impact that AI and robotics will have on: (1) purchasing organizational design and (2)…
A: The goal of Artificial intelligence is to use technology for learning, and analyzing things, rather…
Q: what are strategies organisations can utilise to maintain customer relationship, value customer…
A: The Customer Relationship Management can be defined as a strategic process in which a company…
Q: Why do organisations crowdsource? Explain
A: Shortcomings of crowdsourcing: 1. Loss of confidential information of the organization occurs due to…
Q: How do the firms identify the most valuable customers andunderstand their needs?
A: Customers can be referred to as those people who become the purchaser of the product offered by a…
Q: How Razorpay is building their brand with various strategies
A: Branding is the use of various brand attributes to distinguish the firm from other competitors in…
Q: What is a Design in business?
A: Business is buying or selling of products and services to satisfy human needs and requirements and…
Q: information technology in a range of a company's functiona
A: The speed of the present business world has become ever vital and the utilization of innovation,…
Q: what are the practices Companies Build Core Competencies ”.
A: Answer: Every organization has its different set of core competencies which make it different from…
What are the reasons firms innovate?
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