And increasing cust - Study guides, Class notes & Summaries

Capsim Preview Test Questions |Latest Release| All of the following are important considerations before lowering a product selling price EXCEPT: Does our company have enough contribution margin to cover costs for that product? As a low-cost producer, we are expected to have the lowest prices? Can we afford to match or beat a competitor's price? Is the customer segment price sensitive, e.g., price is an important buying criterion? *Ans* cost producer, we are expected to have th...

Activities involved in global transportation can be grouped by focus into 3 groups - 1. Transaction channel: point of ownership transfer, freight control, payment terms, securing payment 2. Communication channel: visibility and control of shipment w/ the right trade docs as it travels between countries 3. Distribution channel: mngmnt of risk of disruption of shipment mvmnt by optimizing use of reliable mode, carrier, and route Payment method risks - - Open account: risk is on seller - Cash...

Information privacy the combination of communications privacy and data privacy. communications privacy the ability to communicate with others without those communications being monitored by other persons or organizations data privacy Ability to limit access to one's personal data by other individuals and organizations in order to exercise a substantial degree of control over that data and their use. Fair Credit Reporting Act 1970 Regulates the operations of credit repor...

What are the types of SCM levels of integration effectiveness IN ORDER - correct answer functional effectiveness, cross-functional, supplier/customer, multi tier Which type(s) of effectiveness in integration must a firm have before it can be cross-functionally effective? - correct answer functional effectiveness What is supplier/customer effectiveness - correct answer making sure your suppliers know what you need when you need it depending on technology Which type(s) of effectiveness in...

CPHQ Exam 1 (Answered) Verified Solution Six Sigma Improvement Model Define, Measure, Analyze, Improve, Control Six Sigma A business process for improving quality, reducing costs, and increasing customer satisfaction and a process whereby firms work to limit product defects to 3.4 per million or fewer LEAN approach (quality improvement technique) Focused on what's valuable to customers, pt, payers, providers, regulatory bodies with an emphasis on investigating new ways to get things don...

CPHQ Exam 1 (Answered) Verified Solution Six Sigma Improvement Model Define, Measure, Analyze, Improve, Control Six Sigma A business process for improving quality, reducing costs, and increasing customer satisfaction and a process whereby firms work to limit product defects to 3.4 per million or fewer LEAN approach (quality improvement technique) Focused on what's valuable to customers, pt, payers, providers, regulatory bodies with an emphasis on investigating new ways to get things don...

Information privacy the combination of communications privacy and data privacy. communications privacy the ability to communicate with others without those communications being monitored by other persons or organizations data privacy Ability to limit access to one's personal data by other individuals and organizations in order to exercise a substantial degree of control over that data and their use. Fair Credit Reporting Act 1970 Regulates the operations of credit repor...

TRL3707 Exam Prep Sem 2. Logistics Activities. Discuss relative risks of inventory holding for the manufacturer, wholesaler & retailer. (6) Ref. Par. 2.2 Manufacturers - Inventory risk = Long Term - Commitment begins raw material & component parts purchase → work-in-progress → finished goods (ends). - Finished goods often positioned in warehouses in anticipation of customer demand - In some situations manufacturers are required to consign inventory to customer facilities (stock shelve...

Activities involved in global transportation can be grouped by focus into 3 groups - 1. Transaction channel: point of ownership transfer, freight control, payment terms, securing payment 2. Communication channel: visibility and control of shipment w/ the right trade docs as it travels between countries 3. Distribution channel: mngmnt of risk of disruption of shipment mvmnt by optimizing use of reliable mode, carrier, and route Payment method risks - - Open account: risk is on seller - Cash...

MARKETING MANAGEMENT MCQ, Questions with accurate answers, Garded A+ Document Content and Description Below MARKETING MANAGEMENT MCQ 1. Labeling, packaging are associated with: Price mix Product mix Place mix Promotion mix 2.______________ set(s) the floor for the price that the company can charge fo r its product. Supply Demand Costs Nonprofit factors 3. Companies facing the challenge of setting prices for the first time can choose between two broad strategies: market-penetration pricing and ...