Optimal customer value - Study guides, Class notes & Summaries

BUAD 331 exam 3Total Relevant Value = - correct answer Total Cost of Ownership + Customer Value Focuses the organization on creating optimal desired value for customers of choice and optimal profit for the supply chain The Order Cycle - correct answer Where demand meets supply order cycle Interface point between customer demand creation and supply chain fulfillment to create form, time and place value Steps in administrative and operational handling of orders: Customer or buyer persp...

MGMT1135 Final Exam Revision Questions with All Correct Answers Update How individual difference influence negotiations - Answer- Personality traits - agreeableness weakly related to negotiation outcomes - intelligence can predict negotiation effectiveness Moods/Emotions: - negotiations in positions of power who show anger have better outcomes- induces concession from opponents - anxiety can have negative impact on outcome (expects lower outcomes, respond more quickly to offers, exit ba...

CTCD EXAM 2024 QUESTIONS AND ANSWERS ALREADY PASSED What is the role of the TEXAS COMPTROLLER OF PUBLIC ACCOUNTS? The Texas Comptroller serves as the state's tax collector and treasury manager. It handles state accounting, forecasts revenue, supports purchasing activities, oversees procurement, and manages statewide term contracts utilized by over 200 state agencies and universities. What does the term "Purchaser Role" refer to? This term describes the administrative or procedu...

BUAD 331 Exam 3 Questions and Answers 100% Pass Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/placeA. Supply cycle time Define order cycle time. A. The total cost of ownership combined with the customer value of a product B. The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled C. The tot...

CSUF MKTG 351 Final Exam Review (Ron Imus MKTG 351 Final Exam Review) Rated 100% Correct!! Promotional Mix 1) advertising 2) public relations 3) sales promotions 4) personal selling 5) social media promotion Communication by marketers that informs, persuades, and reminds potential buyers of a product in order to influence an opinion or elicit a response promotional strategy a plan for the optimal use of the elements of promotion to elicit a particular response; main goal is to convin...

Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/place - Answer-A. Supply cycle time Define order cycle time. A. The total cost of ownership combined with the customer value of a product B. The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled C. The total elapsed time from when the customer first o...

Paradigm Change for business competition - Form, time, place, exchange --> Creating value Porter Chain Value - Inbound logistics, operations, outbound logistics, sales, service (primary activities) -Supplier base--> Integrated enterprise --> market/ distribution network Integrated Supply Chain Management - Traditional business coordination with particular organization within the supply chain for purposes of improving long term performances of individual enterprises and supply chai...

Operations Planning usually has a timeframe of ____________________ and is focused on ______________________________________. 0 to 6 months managers and technicians developing production schedules, loading schedules, warehouse capacity, truck capacity, and even personal vacation plans Supply chain planning is the forward-looking process of ______________ to _____________________ through supply chain flows and activities. coordinating assets, resources, and information .... maximize custome...

Definition of Industrial Engineering - The engineering discipline concerned with integrating people, materials, information, and equipment into an efficient system What do IE's do? - Figure out how to do things better. They engineer processes and systems that improve quality and productivity. They work to eliminate waste of time, money, materials, energy and other commodities Manufacturing - the transformation of materials into items of greater value by means of one or more processing and...

When data is ___________ it is portable and readable by multiple information systems. -Optimal -Transferable -Usable -Accurate correct answers Transferable From a differentiation standpoint, technology can help an organization define supplier and customer segments, understand the cost to serve them, and prioritize service execution so that critical groups receive appropriate attention. -True -False correct answers True Which supply chain technology capability captures customer re...