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How can managers create value by establishing important relationships among the value chain activities; within the firm and between the firm and its customers and/or suppliers? Discuss the concept of the balanced scorecard. What are its key benefits and advantages? Discuss the four attributes a resource must have to create and sustain competitive advantage.
The Middletown Steel Company supplies castings to a variety of customers.
A new shopping mall is considering setting up an information desk manned by one employee.
Explain why a firm’s total return to shareholders is important to investors.
Prepare a fictional business case document for the NexGen Point-of-sale (POS) system.
What are some of the differences (if any) in the companies' target market? In your opinion, what are some of the strategies implemented by each company to help them to successfully reach their target audience?
What is the theoretical minimum number of workstations? Compute the efficiency and percent idle time for the system.
The local hospital’s emergency department has 6 trauma bays. On average, patients requiring a trauma bay arrive every 30 minutes (with a coefficient of variation of 1) What percentage of the patients requiring trauma bays end up being sent to another..
Define “capability of the process” in statistical terms. Explain the the following chart. What is the difference between Cp, Cpk, Pp, Ppk.
Elucidate how necessary is it to fine-tune your Marketing Plan so that your target market is clearly defined also measurable. Why is extensive research necessary for an accurate definition of a target market.
To what extent does the mode of organization fit the different environmental contexts and technologies of the different departments or activities?
Which supplier should the CEO go with? CCS has a holding cost of 30%. It currently uses a continuous review policy for managing inventory and aims for a cycle service level of 95%. Weekly demand has a mean of 1000 and a standard deviation of 300.
Explain what bait and switch is and why it is an example of deceptive pricing. Have you ever been a victim of this practice?
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