Can you think of any other areas of possible focus for a firm besides those identified in
Question:
Can you think of any other areas of possible focus for a firm besides those identified in Table 1.3?
Transcribed Image Text:
ITABLE 1.3 Common Areas of Organizational Focus Innovation. Bringing a range of new products and services to market quickly Customization. Being able to quickly redesign and produce a product or service to meet customers' unique needs Flexibility of products and services. Switching between different models or variants quickly to satisfy a customer or market Flexibility of volume. Changing quickly and economically from low-volume production to high volumes and vice versa Performance. Offering products and services with unique, valuable features Quality. Having better craftsmanship or consistency Reliability of the product or service. Always working acceptably, enabling customers to count on the performance Reliability of delivery. Always fulfilling promises with a product or service that is never late Response. Offering very short lead times to obtain products and services After-sale service. Making available extensive, continuing help Price. Having the lowest price
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
Answer Certainly There are numerous areas of organizational focus beyond those listed in Table 13 He...View the full answer
Answered By
Sinmon Warui Kamau
After moving up and down looking for a job, a friend introduced me to freelance writing. I started with content writing and later navigated to academic writing. I love writing because apart from making a living out of it, it is also a method of learning and helping others to learn.
5.00+
40+ Reviews
45+ Question Solved
Related Book For
Operations And Supply Chain Management For MBAs
ISBN: 9781119355328
6th Edition
Authors: Jack R. Meredith, Scott M. Shafer
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
THIRD AVENUE SOFTWARE HEALTH-CARE APP PROJECT This case is new for the ninth edition of Information Technology Project Management . The case provides an opportunity to apply agile and Scrum...
-
On 1 June 1998, Alice bought a house in Derby for 45,000. - She occupied the house as her PPR until 1 May 2000 when she left to work in Exeter, living in rented accommodation. - She returned to the...
-
Resolve the force F1 into components acting along the u and v axes and determine the magnitudes of the components. Given: F1 = 300 N α = 30 deg F2 = 500 N β = 45 deg γ = 70 deg tu Fr...
-
Organizational Practices Used to Effectively Manage Diversity MAJOR QUESTION: What are organizations doing to effectively manage diversity, and what works best?
-
6. In this problem we examine the effect of changing the assumptions in Example 1. a. Compute the yield on debt for asset values of $50, $100, $150, $200, and $500. How does the yield on debt change...
-
The year-end balance sheet of Manor, Inc., includes the following stockholders equity section (with certain details omitted): Stockholders equity: 10% cumulative preferred stock, $100 par value,...
-
Diego Company paid $ 1 8 5 , 0 0 0 cash to acquire a group of items consisting of land appraised at $ 4 2 , 0 0 0 and a building appraised at $ 1 6 8 , 0 0 0 . Allocate total cost to these two assets...
-
What core capabilities do you think China possesses? India? Japan? The United States?
-
Is it wise for a firm to stick to what it knows best, or should it expand its market by moving into adjoining products or services? How can it avoid losing its focus?
-
Dakota Coffee Company produces Columbian coffee in batches of 7,500 pounds. The standard quantity of materials required in the process is 7,500 pounds, which cost $6.00 per pound. Columbian coffee...
-
Toro Corp. reports the following two years of balance sheets and some additional information. 2019 2018 Cash S 92,915 $ 31,355 Accounts receivable 94,000 80,850 Inventory 179,000 157,600 Prepaid...
-
The Westchester Chamber of Commerce periodically sponsors public service seminars and programs. Currently, promotional plans are under way for this year's program. Advertising alternatives include...
-
Mastery Problem: Differential Analysis and Product Pricing WoolCorp WoolCorp buys sheep's wool from farmers. The company began operations in January of this year, and is making decisions on product...
-
Ross Co. is an oil and gas company located in the Western United States. Ross follows U.S. GAAP in recording and reporting its financial transactions and has a year-end of 12/31. During the fiscal...
-
The following unadjusted trial balance is for ACE CONSTRUCTION CO. as of the end of its 2017 fiscal year. The June 30, 2016, credit balance of the owners capital account was $57,000, and the owner...
-
In the 2009-2010 school year in the United States, there were 128,000 students from China. This number is 22% more than the number of students from India. How many foreign students were from India?
-
Suppose the government bond described in problem 1 above is held for five years and then the savings institution acquiring the bond decides to sell it at a price of $940. Can you figure out the...
-
Explain the reasons for the growth and decay of each source of conflict in Figure, and for the Total as well. 04 0.3 Average total conflict 0.2 0.1 Figure 2-6 Conflict intensity over the project life...
-
What are some of the benefits of setting up a project plan for routine, frequent projects?
-
Discuss the reasons for inviting the functional managers to a project launch meeting rather than their subordinates who may actually be doing the work.
-
The following schedule reconciles Cele Co.'s pretax GAAP income Pretax GAAP income Nondeductible expense for fines Tax deductible depreciation in excess of GAAP depreciation expens Taxable rental...
-
How to solve general ledger cash balance chapter 9 assignment 5
-
On 31 July 2018, Sipho bought 1 000 ordinary shares in ABC Ltd at a cost of R2 750. On 31 December 2018 the company made a 1 for 10 bonus issue. On 31 March 2019, Sipho sold 300 shares for R800. What...
Study smarter with the SolutionInn App