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Think of a service you recently used. How might this service be restructured to create service inventory as in the example of Zoots? What would they have to do? What advantages would the company gain and how would they better serve their customers? Zoots A good example of how service inventories can be created is provided by Zoots, a dry cleaner that has transformed the task of dry cleaning into a highly efficient, streamlined workflow that results in a higher level of customer service. Consider that at many dry cleaners laundered shirts are stored separately from dry cleaned items and a customer must wait for both to be picked up from the back room. The retailer could save time if the work was performed before the customer arrived. Even more time would be saved if the customer’s items were waiting at the front of the store. Zoots actually does this. Zoots charges orders to the customer’s credit card on file and then places the completed orders in lockers that are available 24 hours a day. Customers can simply arrive at the store at their convenience to pick up their clothes. They spend no time standing in line and waiting. Zoots has reduced the pickup time to a minimum by building up its service inventory. The customers, however, are not the only ones to benefit. Zoots’ employees can work at a more constant rate as opposed to responding to minute-by-minute fluctuations in demand. This enables Zoots to plan employee schedules more efficiently, improving productivity for the company and lowering production costs.
Establishing a worst-case scenario, discuss the known liability that Biovail has incurred for deceiving its investors.
If you had to forecast sales would you follow a cautious, moderate or ambitious approach? Why? What part of sales forecasting do you think is really difficult? What information sources can you tap to get a close estimate that would be accurate?
Discuss one of the self-centered ways humans present themselves to others. Provide a specific example from your experience and another example at the micro level which means: Micro-level sociology looks at small-scale interactions between individuals..
Describe the seven-step process of effective contingency planning in strategy evaluation.
After an all-night study session the day before their last final exam, four first-year MBA students decide to stop for some much-needed coffee at the campus Starbucks.
What is the difference between standardizing and customizing a marketing plan for another country? How does this involve the 4 p’s? When and where would it be effective to customize? Standardize? What does “Think Global Act Local” mean?
Propose the components of a TQM program that this organisation can implement in the workplace. Your discussion shall address the following aspects:
First, elaborate on one organization that exemplifies Market Penetration or Market Development! Second, Chapter 8 highlights at least one failure with respect to unrelated diversification/implementation, offer another example?
By examining the various research, including your text, the web, and the Keiser library, how is marketing perceived in both business and the general population? In your answer, give examples of what marketing is currently believed to be and its impor..
What study was credited with beginning the tradition of scientific police evaluation?
Discuss the trends in the golf equipment industry and how it may impact a company's strategy.
A client of the CPA firm of Harston and Mendez is a medical practice of seven local doctors. One doctor has been sued for several million dollars as the result of a recent operation. What liability do the other six partners in this medical practice h..
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