Product service bundling Study guides, Class notes & Summaries

Question 1 Answer saved Marked out of 1.00 Flag question Question text You can avoid electronic waste by replacing devices every time a new version comes out. True False Question 2 Answer saved Marked out of 1.00 Flag question Question text Gerhard has to type a report about a class trip to the museum. Which of the following apps should he use to write the report? Select one: A. Presentation B. Spreadsheet C. Word processor D. Messaging Clear my choice Questio...

CSPR - Certified Specialist Payment Rep (HFMA) Questions and Answers 2023 Steps used to control costs of managed care include: Bundled codes Capitation Payer and Provider to agree on reasonable payment DRG is used to classify Inpatient admissions for the purpose of reimbursing hospitals for each case in a given category w/a negotiated fixed fee, regardless of the actual costs incurred Identify the various types of private health plan coverage HMO Conventional PPO and POS H...

Steps used to control costs of managed care include: - ANSWER-Bundled codes Capitation Payer and Provider to agree on reasonable payment DRG is used to classify - ANSWER-Inpatient admissions for the purpose of reimbursing hospitals for each case in a given category w/a negotiated fixed fee, regardless of the actual costs incurred Identify the various types of private health plan coverage - ANSWER-HMO Conventional PPO and POS HDHP/SO plans - high-deductible health plans with a savings...

Price Discrimination CORRECT ANSWER Charging different buyers different prices for the same unit or charging the same buyer different prices for each unit or blocks of units First-Degree Price Discrimination CORRECT ANSWER charging the maximum price that each buyer is willing to pay for each unit purchased; buyer's reservation price; 5 for 1st; 4 for 2nd object; 3 for third object etc.; difficult in practice Buyer's Reservation Price CORRECT ANSWER the price charged in first-degree price...

Price Discrimination CORRECT ANSWER Charging different buyers different prices for the same unit or charging the same buyer different prices for each unit or blocks of units First-Degree Price Discrimination CORRECT ANSWER charging the maximum price that each buyer is willing to pay for each unit purchased; buyer's reservation price; 5 for 1st; 4 for 2nd object; 3 for third object etc.; difficult in practice Buyer's Reservation Price CORRECT ANSWER the price charged in first-degree price...

OPM Exam 1 Questions & Answers 2019 Two Sides of the Business - ANSWERSDemand - Sales and Marketing Fulfillment - Operations and Supply Chain Management Most Important Operations Planning concept - ANSWERS80% planning 20% execution Most Important Metrics (KPIs) - ANSWERS1. Customer Service 2. Cost Tight rope problem - ANSWERS1. High inventory means flexibility and customer service, but high cost 2. Low inventory means lower cost, but harder to have customer service ERP - ANS...

Product Life Cycle correct answers -stages a product goes through in the marketplace -Introduction -Growth -Maturity -Decline -"A product is something that is made in a factory; a brand is something that is bought by a customer. A product can be copied by a competitor; a brand is unique. A product can be quickly outdated; a successful brand is timeless." Channel Choice & Management correct answers -Factors affecting channel choice: 1.Environment - lifestyle changes, technolog...

IDIS 240 FINAL EXAM QUESTIONS AND ANSWERS ALREADY PASSED 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 willin...

Operations Management (About how things get done) correct answers The Process that effectively produce, transform, and deliver a product or service Operations and Supply Chain Management correct answers The design, operation, and improvement of the systems that create and deliver the firms primary products and services Process correct answers One or more activities that transform inputs such as raw material and labor in to outputs in the form of finished goods and services Inputs - tran...

MIS 301 Exam 1 Question and answers verified to pass 2024 Disruptive technology: - correct answer an innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market leading firms, products and alliances Mental models - correct answer an explanation of someone's thought process about how something works in the real world Barriers to entry - correct answer the existence of high startup costs or other o...