stock check and cash counting. 2. What is your least likely subject in school and why? I do not have a particularly subject that I don’t like during my study‚ however‚ these were few subjects that I had less interest than other‚ in these cases‚ I would spend more time on these less interested subject‚ and over time‚ these subjects often became more and more interesting to me during the study‚ on the other hand‚ for these subjects that I preferred‚ I naturally would study with pleasure‚ that
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2012 Exam Question Answer Q1. Marketing can be defined as an organization function and a set of process foe creating‚ communicating and delivering value to the customer and for managing customer relationship in a way that it benefits the organization and its stakeholders. In order to understand the marketplace and customer needs and wants‚ marketers need to identify the needs of the consumer‚ which is defined as the state of felt deprivation‚ such as hunger and self-actualization needs.
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difference is because the opportunity cost of a choice. Opportunity cost is the cost incurred in either foregoing or discarding an option. In this case this would be the rent of $800 which is not usually paid by the company. Accounting costs considers only the explicit cost incurred. But economic costs consider the implicit costs incurred‚ which in this case the rent on the building. It is not considered under accounting costs since money does not change hands. But the company could have alternatively
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1. Zara was developed with the initial goal to link customer demand to manufacturing‚ and link manufacturing to distribution. Goals such as short production times‚ decreased inventory risk‚ and great choice of clothes have helped formulate a unique value and shape Zara’s current business model. Zara’s business model is based on three aspects: Zara’s fundamental concept is to maintain design‚ production‚ and distribution processes that will enable Zara to respond quickly to shifts in the consumer
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Review questions – Lecture 2 1. _______________ transform product specifications and new process technology into a new or revised production system. A. New process design and development projects B. New product design and development projects C. Concurrent engineering projects D. Operations management projects A 2. High-quality innovators typically gain which advantages? A. They can fund more new design and development projects than other firms. B. They satisfy customers more effectively
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Communication 1.1- Review the range of groups and individuals whose communication needs must be addressed in own job role? Service users – the service users I look after and support all have a learning disability. This makes it hard for them to communicate effectively. I have to find ways to help them communicate so they can explain their needs and wishes. The three service users I support can all communicate verbally but struggle sometimes to explain what they mean. I designed a food menu board
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Josemare T. D. Santos Hotel Rwanda Movie Questions 1. What city is the movie taking place in? The city is Kigali in Rwanda. 2. What country supplied the Hutus with machetes and how much did they cost? They came from China‚ each one cost ten cents. 3. Describe the guests at Paul’s Hotel. The most part was rich people from other countries. 4. What does Paul tell his wife when she asks why the soldiers would have arrested Victor (the neighbor)? He told that someone who didn’t liked him must denounced
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Unit Two – Test Questions Review Questions 1. What are three economic stances that a government may have? Describe each of these stances. 1. Static: Sticking to the status quo in the government. 2. Progressive: Increasing the citizen’s equality and improving life for every citizen. 3. Fiscal Policy: The use of taxes and spending. 2. What are the four different types of economic resources? Describe each type. Labor: Labor is the work done by humans to sell consumer goods. Labor is very important
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other than that‚ it had not gone very well. (Background Essay) Because of these struggles‚ Washington had a hard time keeping his soldiers in the army since many signed up for only nine months and then left or simply deserted. This brings up the question: Would you have reenlisted for the army at Valley Forge? I most definitely would not have because of the illnesses‚ the government neglecting the soldiers‚ and the bad conditions that existed there. To begin‚ diseases and illnesses were a big problem
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Q3. What is Environment? Why is it essential for management students & practitioners to study environment & its management? Answer:- Environmental Protection Act (1986) defined “Environment as the sum total of water‚ air and land‚ their interrelationship among themselves and with the human beings‚ other living beings and property.” The important things in the environment that we value are called ‘Natural Resources’. There are 2 types. 1. Renewable Natural Resources: - They grow naturally when we
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