External distributors - Study guides, Class notes & Summaries

how does idea generation play a role in the new product development process? - new product development process: strong new product planning, systematic and customer driven for finding and growing new products STEPS: 1. idea generation 2. idea screening 3. concept development and testing 4. marketing strategy development 5. business analysis 6. product development 7. test marketing 8. commercialization idea generation: starts new product development, the systematic search for new...

WGU C483 Practice Test 2 100% Correctly Solved 1.)The planning level with the shortest time horizon is known as _____ planning. A)operational B)tactical C)managerial D)developmental E)vertical - Answer- A.) Operational 2.)The planning process is similar to the _____ process in that both have a series of steps that are typically repeated in a cycle. A)strategy-mapping B)tactical alignment C)goal-setting D)decision-making E)environmental analysis - Answer- D.) Decision-making 3.)In a...

UTK: BUAD 331 Exam 1 Complete (answers updated fall 2022/23.) ____________ the chain facilitates better strategic alignment between supply chain operations. A. Breaking B. Sharing C. Bending D. Spreading A firm is a recognized cost leader but has a strategic goal to become a cost and service leader. What is one initiative that could be planned and implemented to achieve this goal? A.Increase sales calls to all existing customers. B.Increase capacity utilization to gain economies of ...

Summarize the basic steps in any planning process. Planning process begins with a situation analysis of the external and internal forces. This helps ID and diagnose issues and can bring alternative goals and plans. The advantages and disadvantages should be compared implementing goals and plans involves communication to the employees allocating resources and making certain other systems such as rewards and budget support the plan. Control systems to monitor Mission An organization's ba...

What is Strategic Planning A management tool used to guide an organization's decisions and actionsin response to a constantly changing business environment. Strategic planning is a disciplined effort that helps managers focus on what they should do, why they should do it, and how they can successfully continue to do it. Steps in the formal planning process 1. Situational Analysis 2. Alternative Goals and Plans 3. Goal and Plan Evaluation 4. Goal and Plan Selection 5. Implementation...

Management 420, Exam 1 - Kansas State University with Complete Solutions To focus on improving company customer service this year, the CEO outlined a list of stakeholders to concentrate on: distributors, local communities, and the mass media. These three groups are ________. External stakeholders Effective? To achieve results to make the right decisions and to successfully carry them out so that they achieve the organization's goals. Efficient? To use resources -people, money, raw materi...

Supply Chain Exam 2 (Chapter 11) | Questions with Verified Answers Even though a firm may have a low cost strategy, supply-chain strategy can select suppliers primarily on response or differentiation. FALSE The supply chain for a brewery would include raw ingredients such as hops and barley but not the manufactured goods such as bottles and cans. FALSE When using the low-cost strategy for supply chain management, a firm should use buffer stocks to ensure speedy supply. FALSE Savings in the sup...

WGU C483 Practice Test 100% Correctly Answered 1.)The planning level with the shortest time horizon is known as _____ planning. A)operational B)tactical C)managerial D)developmental E)vertical - Answer- A 2.)The planning process is similar to the _____ process in that both have a series of steps that are typically repeated in a cycle. A)strategy-mapping B)tactical alignment C)goal-setting D)decision-making E)environmental analysis - Answer- D 3.)In a SWOT analysis, the absence of r...

What is Operations and Supply Chain Management?? correct answers the design, operation, and improvement of the systems that create and deliver the firm's primary products and services The "Six" Rights correct answers Right goods, right quantities, right condition, right place, right time, for the right cost Operations correct answers Manufacturing and service processes used to transform resources into products Management correct answers processes that move information and material to...

What accepts data as input? - Answer-information systems There are different types of information systems based on the different levels of hierarchy in an organization. Which one helps senior executives analyze information and come up with alternate actions and business strategies? - Answer-EIS executive information systems is at the top of the hierarchy. Businesses face difficult decisions regarding their hardware needs. Constant changes in ___________________________ can lead to obsolesc...