Animalscaretips
- What is the name for a production system in which all the needed materials and parts arrive at the precise moment they are required for each production stage?
- What are the goods or services a company produces for its customer?
- What term refers to the work that goes into making the product?
- Which of the following materials management functions is responsible for the acquisition of all the raw materials and services that a company needs to produce its products?
- What is one of the most important components of the production process?
- How important products and services in an organization or business?
- What function is responsible for ensuring that products and services which are produced or provided meet high quality standards?
- How are goods services and consumers related?
- What is product development strategy?
- What is product development strategy with example?
- What is the importance of product in the development of marketing strategy?
- What is supply chain strategy?
- Who is the person responsible for buying all the materials supplies and equipment the company uses?
- Are those items provided by suppliers and used directly during production or service delivery?
What is the name for a production system in which all the needed materials and parts arrive at the precise moment they are required for each production stage?
In theory, a JIT system would have parts and materials arriving on the warehouse dock at the exact moment they are needed in the production process.
What are the goods or services a company produces for its customer?
In marketing, a product is an object or system made available for consumer use; it is anything that can be offered to a market to satisfy the desire or need of a customer.
What term refers to the work that goes into making the product?
Operations. Refers to all the activities involved in making products - goods and services - for customers.
Which of the following materials management functions is responsible for the acquisition of all the raw materials and services that a company needs to produce its products?
Procurement management is responsible for overseeing all the processes involved in acquiring the products, materials, goods and services needed for efficient business operations.
What is one of the most important components of the production process?
The planning component of production scheduling is by far the most important. This component pertains to deciding what will be done in the future.
How important products and services in an organization or business?
This is important in order to maintain a sale and prevent the customer from leaving. It also builds trust, creates added value for the customer, and ensures customer satisfaction. Overall, knowing your products and services is a vital component of successful sales and customer service.
What function is responsible for ensuring that products and services which are produced or provided meet high quality standards?
The person who designs and oversees the transformation of resources into goods or services is called an operations manager. This individual is also responsible for ensuring that products are of high quality.
How are goods services and consumers related?
What is the relationship between goods, services, and consumers? The consumer is a person who uses goods and services to satisfy wants and needs. ... A product market is a market where goods and services are offered for sale.
What is product development strategy?
Product development strategy refers to the methods and actions used to bring new products to a market or modify existing products to create new business. ... Each stage requires a strategy to be successful and generate revenue for a business.
What is product development strategy with example?
Apple is an example of a platform/derivative strategy. They connect their top level strategy to their product development process. The tech giant tends to be product-driven. Apple creates products and then finds the market for them later.
What is the importance of product in the development of marketing strategy?
New product development helps companies diversify target customer ranges and expand into new market segments. New product development helps companies diversify target customer ranges and expand into new market segments.
What is supply chain strategy?
What is Supply Chain Management Strategy? ... SCM involves the flow of information and products between and among supply chain stages to maximize profitability. The major functions involved in SCM are the procurement of raw materials, product development, marketing, operations, distribution, finance, and customer services.
Who is the person responsible for buying all the materials supplies and equipment the company uses?
Purchasing managers and buyers are responsible for buying raw materials and finished goods in all businesses.
Are those items provided by suppliers and used directly during production or service delivery?
(Direct materials are those items provided by suppliers and used directly during production or service delivery.) Purchasing is becoming increasingly responsible for sourcing indirect goods and services required by internal groups.
