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In this module, you will explore how businesses react to changing economic times and the influence this has on product and service positioning in the market place. You will also learn about the different approaches an organization may take such as a retrenchment approach, an investment approach, or an ambidextrous approach to provide a foundation for opportunity and risk in recessionary times.Consumer spending habits have undergone dramatic and enduring change with the slowed economy in the United States. Using the module readings, Argosy University online library resources, and the Internet, respond to the following:
What are the factors that are key for establishing product differentiation in the new post-recession consumer environment especially as it relates to economic indicators?
What is a luxury good and should marketers of luxury goods abandon their efforts to establish premium pricing?
How do changes in societal attitudes toward companies and products affect the way marketers of consumer goods think about the customer value chain? Provide examples of companies that have changed their approach to marketing in response to a shift in consumers' value in changing economic times.
An assembly line is to be designed to operate 7 1/2 hours per day and supply a steady demand of 300 units per day. Here are the tasks and their performance times:
Illustrate what amount of safety stock is appropriate. When should this item be reordered. Illustrate what risk of stock out would result from a decision not to have any safety stock.
which ones, in your opinion, are the most difficult to overcome? 2. describe the major sources of supply base risk. what are some of the supply chian risk management tools available to avoid or mitigate supply chain risk?
what general steps should Hank follow in setting up a continuous improvement program for the company? What probmes will he have to overcome to make it work?
Klein Industries manufactures three air compressors: small, medium, and large, which have unit profits of $20.50, $34, and $42 respectively.
write 400-600 words that respond to the following questions with your thoughts ideas and comments. this will be the
Discuss an instance when you identified a weakness in the skill set in an employee (or in yourself ). If you had limited financial resources, where would you look for training to close the gap on these skill sets
Prepare a report on mercury pollution from coal power plants
The relationship between the organization and its members can be greatly influenced by what motivates individuals to work. The style of leadership, job design, resources on the job, and environment can all have a significant effect on the satisfac..
List and briefly explain the five-component model of an information system. How can you use them?
Why is Moore's law important to managers? How does it influence managerial thinking?
Describe what would be the capacity of the doughnut production operation that you are envisioning. In other words, describe what would define the maximum number of doughnuts that you could produce per hour.
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