External suppliers - Study guides, Class notes & Summaries

University of Alabama OM 300 Chilcutt Final Exam with Verified Answers| 100% Correct| 100% Score Production - The making of goods and services Productivity - is the ratio of outputs (goods and services) Multifactor productivity - indicates the ratio of goods and services produced (outputs) to many or all resources (inputs) Competitive Advantage - the creation of a unique advantage over competitors Product Life Cycle - introduction, growth, maturity, decline Outsourcing - transferring a f...

ORGB 364 Exam Questions With 100% Correct Answers 2024 Define organizational behaviour - answerOB is the study of what people think, feel and do in and around organizations. Define organizations - answerOrganizations are groups of people who work interdependently toward some purposed Why is OB important? (3) - answero Comprehend and predict work events o Adopt more accurate personal theories o Influence organizational events List opportunities and challenges of technological change - an...

WGU D174 Objective Assessment Review (Latest 2025/ 2026 Update) Marketing Management | Qs & As| Grade A| 100% Correct (Verified Answers) Q: A company in a competitive industry needs to conduct an internal and external company analysis to determine future marketing strategies. Which form of analysis should the company use? Answer: A. Porter's Five Forces B. Requirements C. SWOT D. Portfolio Correct Answer: C. SWOT Q: A grocery store's marketing plan state...

ACCT 211 CH 1-3accounting - correct answer An information and measurement system that identifies, records, and communicates relevant, reliable, and comparable information about an organization's business activities bookkeeping - correct answer The recording of transactions and events, either manually or electronically what is the language of business? - correct answer Accounting external users - correct answer Not directly involved in running the organization, Includes shareholders (in...

WPC 480 Midterm Exam Questions with Correct Answers All of the following were traditional sources of competitive advantage EXCEPT: a. labor costs. b. access to financial resources. c. protected markets. d. a highly educated labor market. - Answer-d Customer loyalty programs such as airline frequent flyer miles are an attempt to: a. decrease competitors' access to distribution channels. b. develop a cost advantage independent of scale. c. increase customers' switching costs. ...

MAR 3203 Exam 3 UCF LATEST UPDATE GRADED A+ Prevention cost incurred to prevent or avoid quality problems; design, implementation, maintenance Examples of prevention costs product or service requirements, quality planning, quality assurance, training Appraisal costs associated with measuring and monitoring activities related to quality; suppliers & customers evaluation of purchased materials, processes, products and services Examples of appraisal costs verification, quality aud...

MARKETING 3023 UCF EXAM 1 RATED A+ Marketing the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. Marketing Plan A written document composed of an analysis of the current marketing situation, opportunities and threats for the firm, marketing objectives and strategy specified in terms of the four Ps, action programs, and projected or pro forma income (...

BCG Growth Model correct answers Stars, Cash cows, question marks, dogs Path to Profitability correct answers Marketing Environment, Marketing mix, capture value, profits Brand Champions/Love Group correct answers The group that supports your company and the products in it Product Market Expansion Matrix correct answers Market Penetration, Product Development, Market Development, Diversification Market Penetration correct answers existing products, existing markets Product Develop...

Strategic Management correct answers an integrative management field that combines analysis formulation and implementation in the quest for competitive advantage Strategy correct answers set of goal directed actions a firm takes to gain and sustain superior performance relative to competitors The 3 Good Strategies (AFI) correct answers 1. Diagnosis *(Analysis)* 2. A guiding policy *(Formulation)* 3. A set of coherent actions *(Implement)* Competitive Advantage correct answers superior...

OB 6301 EXAM 1 Test Bank Updated ;Everything you need to pass OB 6301 exam 1 is here,guaranteed success A key feature of organizations is that their members have a defined and agreed upon collective sense of purpose. FALSE One key feature of organizations is that they are collective entities. TRUE The open systems view emphasizes that organizations survive by adapting to changes in the external environment. TRUE Stakeholders of an organization are shareholders, customers, suppliers, gov...