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Which is better, to promise delivery when a customer originally requests, and do our best to make that delivery date, or to inform the customer the product will not be available until some later date, which you are more certain you will be able to deliver by? Think of as many pros and cons to each alternative you can think of. Can you think of some businesses that try to use each approach?
Notice, the type of business referred to in this question does not necessarily have to be a retailer, and the customer does not necessarily have to be a retail customer. This issue exists at the business-to-business level as well. Moreover, we are not simply talking about delivery of items that are already in stock. What if this is an item we have to produce for the customer? How do we know, ahead of time, when we will be able to deliver a product that has to be worked into our production schedule?
What if you don't know how long it will take to delivery the product? (Why might this be the case?) Is it better to over-promise (with a short delivery lead time) or under-promise (with a longer lead time you are more sure of being able to make)?
Discuss due diligence when deciding on a pool of vendors. List and discuss five criteria that a customer would be interested in and why these criteria are important in the decision making process.
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After learning more about the arts, what role do you believe artists and performers serve in society? Why?
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You are a marketing manager for a manufacturer of nonperishable products sold in grocery stores. In this role, you need to make various decisions about how much marketing/advertising support is needed by each product to maximize the profitability of ..
Utilitarian view from the standpoint of economic distribution, worker partcipation (principles of political Economy). and greater equality of income.
Describe the decision-making process and how good information systems support business intelligence and business analytics. Use a present day organization, and discuss the business intelligence and analytics used by the organization.
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