Ans innovation - Study guides, Class notes & Summaries

Sustainable competitive advantage Ans: a competitive advantage that can't be copied easily or cheaply Two sources of sustainable competitive advantage Ans: lowest cost provider or differentiated product Four elements of a sustainable competitive advantage Ans: superior efficient, superior quality, superior innovation, superior customer responsiveness Three parts of a strategic plan Ans: business vision statement, the strategic plan, and the implementation of the strategic plan Visio...

name the 6 critical success factors? Ans: -achieving financial performance -meeting customer needs -building quality products & services -encouraging innovation & creativity -gaining employee commitment -creating a distinctive competitive advantage. why is achieving a financial performance an important factor, and how does it connect to other factors? Ans: its important for survival and growth. PROFITABILITY AND HAVING A CASH FLOW to cover expenses. It relates to other factors because...

Pharma companies must submit extensive data to the FDA demonstrating the safety and effectiveness of new drugs before receiving approval for sale. - Ans True Average review time for a new drug - Ans 18 months Sales Team - Ans Pg 7 The "engine of innovation," focused on discovering or inventing promising new product. - Ans Research & Development

_____ are patterns of innovation over time that can create sustainable competitive advantage. Ans: Innovation streams An innovation stream begins with _____. Ans: a technological discontinuity Which of the following best defines technological discontinuity? Ans: It is the phase of an innovation stream in which a scientific advance or unique combination of existing technologies creates a significant breakthrough in performance or function. Technological substitution occurs when: Ans: c...

Two sources of sustainable competitive advantage Ans: 1) Lowest cost provider 2) Differentiated product lowest cost provider Ans: If and only if it fits in costs of goods it took to make it differentiated product Ans: - Consumers believe there is a difference in products - What leads to people having way different prices because they're selling different things - What market you're selling to can affect it as well Four elements of a sustainable competitive advantage: Ans: 1) Superior...

Applying systems thinking means identifying the systems in the process which includes the solution itself and what else? Correct Ans: The enterprise building the system The Agile Release Train passes through four steps in order to deliver Solutions which includes: defining new functionality, implementing, acceptance testing, and what else? Correct Ans: Deploying In the Program Kanban some steps have Work-in-Process limits. Why is this necessary? Correct Ans: To help continuous deploym...

ARBY'S TRAINING ALL POSSIBLE QUESTIONS AND ANSWERS WITH COMPLETE SOLUTION What does BLAST stand for? Ans- Believe Listen Apologize Solve Thank BLAST = Ans- Believe Listen Apologize Solve Thank Arby's values: Ans- - dream big - make a difference - play fair - have fun - work hard - get it done What are the four basics of friendly service? Ans- Smile Say Thank You Greet Make Eye Contact Team Member Principles Ans- 1. we're friendly 2. we're proud 3. we put ...

CIPS Supplier Relationships L4M6 Learning Outcome 2- Questions and Answers Added value through suppler relationships Correct Ans--Being able to identify and use an appropriate approach to deal with supplier. -Innovation developed as part of collaborative projects with strategic suppliers -Reduction of waste -Resilience and risk reduction

Pharma companies must submit extensive data to the FDA demonstrating the safety and effectiveness of new drugs before receiving approval for sale. - Ans True Average review time for a new drug - Ans 18 months Sales Team - Ans Pg 7 The "engine of innovation," focused on discovering or inventing promising new product. - Ans Research & Development

USPS Postal Exam 421 SSA ACADEMY 2023 -Questions &answers IMM - ANSWER-International Mail Manual 24-Hour Clock - ANSWER-Improve effectiveness through standardization & innovation. End-to-end process to ensure mail is Collected, distributed, and delivered. USPS runs on this. Delivery Methods - ANSWER-Planes, trucks, cars, boats, bicycles, snow mobiles, mules. APC - ANSWER-Automated Postal Centers Automated Postal Centers - ANSWER-Self-serve kiosks, commercial retail outlets, banks,...