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Larger Companies
An effective organizational structure can create a competitive advantage by
Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
Logistics is basically anything that involves getting the product to the consumer. Without logistics, a business would almost certainly fail. There has to be a way to fund the product, develop the product and get the product to the consumer.
Cost saving in the new product, same basic functions, quality may differ and canabalize is not possible.
to offer product or service and get a profit
Organizations conduct activities to usually create brand and product awareness to the public and business sector otherwise known as consumer and industry.
Department of energy
Business products are products organizations buy that assist directly or indirectly in providing other products for resale.- A Mac computer can be sold to business firms for office use.
Larger Companies
A business is mainly set up to answer to the needs of consumers with regards to service or product provision. The business also aims at making profit over time.
The main goals of a business are usually to make a product that sells in order to make money. A business may also want to gain customers and keep them.
Discuss how the five functions of business- production,marketing,finance,human resources,and management will affect a tobacco farming business in East Africa.
Organic business consists of several elements. You will need to find farmers to purchase raw materials from and come up with a plan on where you will be selling your product.
Typically, the Business Development Department of a manufacturer will identify strong potential markets for their product and look for channels of distribution in those markets.
Yes. It can focus so much on perfecting a product or service, that will never be completely perfect, and not focus on testing, introducing the product/service to its audience or getting feedback.
Software Process Improvement (SPI) has been proven to increase product and service quality as organizations apply it to achieve their business objectives. Improvement needs of small organizations are the same as larger organizations, i.e. they want to achieve better results in software projects, product quality, and customer satisfaction and put an end to the project overruns and failures.