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How can a company achieve lower production costs by improving of its products and services?
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To realize full production a society must achieve what?
Both allocative and productive efficiency
Describe the various components of supply chain management?
Supply chain management (SCM) is a network of facilities and distribution options that goes into improving your company. Making a product or service and delivering to customers by finding raw components. For example; transformation of materials into intermediate and finished products and the distribution of finished products to consumers.PlanEvery company needs a strategy on how to manage the resources in order to achieve their customers demand for their products and services. The supply chain management is developing a set of metric to monitor the supply chain so that it can deliver high qualities and values to customers.SourceTo create their products, companies need to be very careful when choosing suppliers to deliver their goods and services needed. The managers need to develop a set pricing and delivery system in the supply chain.They can also put processes for managing their goods and goods inventory, for example; receiving shipments.MakeIn manufacturing the supply chain manager should always schedule the activities that are needed for the production, packaging, testing and preparation for delivery.The most metric-intensive portion of the supply chain, production output and measure levels.DeliverThis part is mainly referred to as logistics by the supply chain management. In this case companies coordinate receipts of orders, pick carriers to get products to customers and develop a network of warehouses.ReturnIn many companies this is usually where the problem is - in the supply chain.The planners should create a flexible and responsible network for receiving a flaw and excess products sent back to them (from customers).
What is the definition of eco-efficiency?
eco is a prefix/contraction of Economy or Ecology. Eco efficiency in economy means the effective and efficient allocation of resources for the production of goods and services to achieve a higher level of income. Eco efficiency in ecology is the balanced interaction of the biotic and a biotic factors in the natural environment.
What does the production possibilities curve describes?
The production possibility curve is an analytical tool that is u to explain,analyse and justify the problem as regards the choices in the allocation of productive resources to achieve a given level of output in an hypothetical way. It is based on a short run period is production where some factors are held constant and the otthers can be varied to achieve a given level of output. The production possibility curve explains the rate of transformation between commodity (x and y) when the level of productive resources is given.the slope of the curve is concave to the origin and it touches both axis. The production possibility curve is also called production frontier or production boundary.
When does a company achieve a sustainable competitive advantage?
when buyers prefer its products over competitors' in the long term
What is an organizational buyer?
Businesses, government agencies, and other institutions buy products and services to maintain their organizations and achieve their organizational objectives. Organizational buyers buy goods and services in order to produce other goods and services for sale.
Distinctive features of mass production and batch production?
Mass production focuses on producing large quantities of identical products quickly and efficiently using specialized equipment and assembly lines. Batch production, on the other hand, involves producing a specific quantity of products in a set sequence using standardized processes before moving on to the next batch. Both methods can help companies achieve economies of scale, but mass production is better suited for high-volume production, while batch production allows for more flexibility and customization.
Describe ways of improving own working methods and use of technology to achieve efficiency and reduce waste?
Describe ways of improving own working methods and use of technology to achieve efficiency and reduce waste?Read more: Describe_ways_of_improving_own_working_methods_and_use_of_technology_to_achieve_efficiency_and_reduce_waste
Where can you find information about Achieve online education services?
One can find more information on Achieve online education services by going on their official website which is under the name of Cambian Achieve Online.
What is a communication market?
It is a process wherein the consumers and marketers bring closer to each other in order to achieve product goal. It is used to give its market communicating ideas on certain products and services.
Notes on the function of equipping in sales and management?
The function of equipping in sales and management is to boost the production and revenue levels. The sales teams will coordinate how products while management comes with specific plans and strategies to achieve this.
What is Sears' Mission Statement?
Customer Focused Company: Our leadership, organizational, and culture changes are all designed to make Sears Holdings more customer focused. Sears Holdings touches our customers in a variety of ways and through our various formats. Our goal is to make our products, brands, and services more responsive to the needs of our customers and to build a long term trusting relationship with our customers. Our leadership team has adopted the following vision statement: "Sears Holdings is committed to improving the lives of our customers by providing quality services, products and solutions that earn their trust and build lifetime relationships." We understand that we have much work to do to achieve our goal, but we believe we have the assets, brands, associates, and heritage to make this a reality.
What services does CarSmart offer its clients?
CarSmart is a company which provides comprehensive, automotive industry exclusive listings. Basically, small businesses list their items and products on the CarSmart website, so that they can achieve higher market exposure.
What is benefit of Production Planning?
Planning is one of the techniques through which you can achieve your goal.
What is main purpose of QR codes?
QR codes build the basis of any online website advertising. You scan QR codes with your smart phone and it allows users that do so, to achieve discounts or special deals to your products or services.
What is the purpose of a process?
The process is a series of steps to achieve a certain goal. In companies it is used in improving teams and giving the team a problem to solve.
What is the purpose of the process?
The process is a series of steps to achieve a certain goal. In companies it is used in improving teams and giving the team a problem to solve.
