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Product management is an organizational function within a company dealing with the product planning or product marketing of a product or products at all stages of the product lifecycle.
Product Management is also a collective term used to describe the broad sum of diverse activities performed in the interest of delivering a particular product to market.
Operations managementis an area of business that is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. It is also the management of resources, the distribution of goods and services to customers, and the analysis of queue systems. Operations also refers to the production of goods and services, the set of value-added activities that transform inputs into many outputs.[1] Fundamentally, these value-adding creative activities should be aligned with market opportunity (see Marketing) for optimal enterprise performance.
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How can value chain analysis help to identify a company's strengths and weaknesses?
Porter's Value Chain Model identifies the areas/activities where the business is "adding value" to the customers. This model specificslly focuses on customer oriented activities. For example if a car manufacturing company produces such a car which will help its customers save on fuel costs, this is such an activity which adds value to the customer. As far as it's about strengths and weaknesses, this model will help organisation identify those areas where they are adding value to the customer(strength areas) and those areas where they need attention to add values because value chain is all about how you do something extra for your customers which your competitors can't or don't.
If you cash in a universal life policy do you receive the Net Policy Value or Net Cash Surrender Value?
Typically it is called "Net Cash Surrender Value". This is the amount of cash value in the policy accumulation account minus any outstanding loans etc. But it is typically referred to as "Net surrender Value" or "Net Cash Surrender Value". Get a good agent and he can explain.
Explain wealth maximization and value maximization objectives of financial management?
Wealth maximization of financial management focuses on increasing fixed and current assets while value maximization focuses to strengthen intangible assets.
Which of the following most accurately explain why commodity money has value?
Commodity money is a good that can be used as a medium of exchange or for some other purpose.
What does chain of distribution mean?
The chain of distribution refers to the distribution up and down the supply chain, i.e., your suppliers and customers.
What are the principles of a food chain?
explain the principles of a food chain
When to change chain in a Chain drive?
please explain in detail how check chain elongation exp: roller chain RS 100
What is the Value chain analysis of coca cola?
value chain analysis of coca cola company
What happens when an effective value chain is created?
Profit Margins Are Increased when an effective value chain is created.
What is value chain analysis?
The entire description can be found at:http://www.netmba.com/strategy/value-chain/ The APA reference for this site is: Net MBA, (2007). The value chain. Retrieved December 20, 2007, from Net MBA Web site: http://www.netmba.com/strategy/value-chain/
What is value chain analysis in management accounting?
Value chain analysis is the process to determine which process of production is increasing the value of product and which is not so that the product manufacturing cost can be reduced by eliminating that process from the production chain.
What is the relationship between chain length and Rf value?
As a general rule the longer the carbon chain the greater the Rf value.
What is the ethos behind the True Value Store chain?
The ethos or the particular fundamental value of the True Value Store chain is to help each True Value Store to be the best hardware store in each town, by providing guidance and getting no fees from its chain.
Who has the power in the value chain?
customers
Indian retail industry value chain?
VALUE CHAIN IS BASICALLY STARTING FROM PROD'N TO REACHING THE OFFERING GOODS TO THE END CONSUMER .
Where in dell's value chain are they creating value for their customer?
tom clewlow
What is the significance of a value chain?
A value chain is the series of activities that a business performs in order to deliver a product or service to the marketplace. The value chain method is significant due to it being a powerful tool for analysis and strategic planning for the business model.
