Product service bundling Study guides, Class notes & Summaries

BUSOBA 3230 Exam 1 | Questions with 100% Correct Answers Operations Management is defined as "The systematic design, direction, and control of processes that transform inputs into services and products for internal, as well as external, customers". Therefore, operations management only apply in these industries: Healthcare All Industries Government Manufacturing Financial Services Non-Profit Organizations Professor Newsom purchases paint from Sherwin-Williams Store when redecorating her home...

OEM stands for - Answer-Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds Electric, this is an example of ____________ distribution - Answer-exclusive MRO stands for - Answer-maintenance, repair, and operations 3M products are sold through many distributors. This is an example of _______ distribution? - Answerintensive Bundling Products & Services? - Answer-assortment How long customer is willing to wait? - Answer-wait time ...

OEM stands for - Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds Electric, this is an example of ____________ distribution - exclusive MRO stands for - maintenance, repair, and operations 3M products are sold through many distributors. This is an example of _______ distribution? - intensive Bundling Products & Services? - assortment How long customer is willing to wait? - wait time When the customer wants to pl...

Manufacturers should "make markets." Which of the following describes this function? - All of the above The part of the balance sheet that represents the money others ow us that we have extended credit is referred to as? - Accounts Receivable The formula [[Selling Price - COGS/Selling Price] is the? - Percent Gross Margin COGS include which of the following? - 1.Cost paid to supplier for the products 2. The cost of the freight from the supplier to our location Bundling Products & ...

MGT 3500 Study Exam Questions & Answers. What is product-service bundling - CORRECT ANSWER Product-service bundling is adding Value-added services to a firm's product offerings to create more value for the customer. What are the three elements that require integration to be successful in operations and supply chain management? - CORRECT ANSWER Strategy, Processes, and Analytics Operations and supply chain management is concerned with the design and management of the entire system tha...

WGU D077 Exam Study Guide (270 Q&As) What is the main function of marketing? Decreasing expenditures Improving partner relationships Bringing value to customers Increasing productivity -Bringing value to customers Correct! The main function of marketing is to determine what customers value, want, or need, and then to position a product that meets that value. Which set of connections is created by marketers to generate value? Between customers and suppliers Between companies and media ...

WGU D077 Study Guide Questions And Answers Well Illustrated. Integrated Marketing Communications - correct answer. coordinating the promotion mix elements and synchronizing promotion as a unified effort Marketing - correct answer. The Activity, set of institutions, and process for creating, communicating, delivering and exchanging offerings that have value for consumers. Also a business function that identifies, satisfies, and retains customers through a set of activities relat...

Components of product bundling - correct answer Pure Bundling and mixed bundling pure bundling - correct answer a type of bundling in which the firm offers the products only as a bundle mixed bundling - correct answer selling two or more goods both as a package and individually 3 types of service failures - correct answer Service Mistakes Billing errors Service catastrophe 5 different service gaps - correct answer Gap between customer expectations and management perception Gap bet...

OSCM Quiz Question and answers correctly solved OSCM Quiz 1 OSCM - correct answer The design, operation, and improvement of the systems that create and deliver the firms products and services Operations processes - correct answer Things are made (manufacturing/service) Supply chain processes - correct answer Things are moved and stored (info/material) Process - correct answer 1+ activities that transform inputs to outputs Steps in a process - correct answer 1. Planning (form met...

Operations and Supply Chain Management (Exam 1): Questions and answers, VERIFIED/ Operations and Supply Chain Management - -the design, operation, and improvement of systems that create and deliver the firm's primary products and services Operations and Supply Chain Management - -concerned with the management of the entire system that produces a product or delivers a service operations - -manufacturing and service processes that are used to transform the resources employed by a fir...