Question
Q. With reference to the total of quality, use an example to determine four (4) cost elements that a car manufacturer would need to consider
Q. With reference to the total of quality, use an example to determine four (4) cost elements that a car manufacturer would need to consider when attempting to establish a balance between manufacturing poor quality vehicles and maintaining the manufacturing of goods quality vehicles (20 Marks)
Q. Can the hotel industry win the war with OTA's? Who are the winners and losers?
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Answer 1 When attempting to establish a balance between manufacturing poor quality vehicles and maintaining the manufacturing of goods quality vehicles a car manufacturer would need to consider the following four cost elements The cost of raw materials The cost of labor The cost of overhead The cost of marketing and advertising 2 The hotel industry can win the war with OTAs by focusing on providing a better customer experience The winners in this scenario would be the hotels that are able to provide a better customer experience and the losers would be the OTAs that are not able to keep up with the hotels Explanation 1 The cost of raw materials The cost of raw materials is a major factor in the manufacturing of both poor quality and good quality vehicles In order to produce a good quality vehicle ...
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Valuation The Art and Science of Corporate Investment Decisions
Authors: Sheridan Titman, John D. Martin
3rd edition
133479528, 978-0133479522
