Supply Chain
A supply chain is all of the companies and people involved in producing or manufacturing a product, placing it in a retail store, and then getting it to the customer. The supply chain would be a total of all parties involved in this.
Primary activities are essential tasks directly involved in creating and delivering a product or service. They include inbound logistics, operations, outbound logistics, marketing, and sales. These activities are crucial for value creation and business success.
Net National Product
Steps of Economic ActivityPrimary: Producing Material (i.e. Water from a well) Secondary: Create a product from natural resource (i.e. bottled water)Tertiary: Provide a professional service to distribute (i.e. Great Value sells bottled water)Quaternary: Study the product to research and improve production (i.e. test the purity)Types of Economic ActivityService: TeachingAgriculture: FarmingIndustry: Manufacturing
by producing a product with a lower opportunity cost
Grouping activities related to a particular product or service is commonly referred to as "value chain analysis." This concept involves organizing and analyzing the various activities involved in producing and delivering a product or service, from raw materials to final delivery. It helps businesses identify areas for improvement, efficiency gains, and competitive advantages within their operations. By understanding these activities, companies can better align their resources and strategies to enhance overall value.
marketing
A supply chain is all of the companies and people involved in producing or manufacturing a product, placing it in a retail store, and then getting it to the customer. The supply chain would be a total of all parties involved in this.
Depending on the type of product being exhibited, selling activities can involve booking orders or developing leads for future sales.
The predicted organic product for the reaction sequence shown is insert specific product.
Industry is always a noun.Industry = the production of goods from raw materials, especially in factories/ the people and activities involved in producing a particular thing, or in providing a particular service:New Zealand has a thriving tourist industry
SCM stands for supply chain management, the activities involved in this are customer relationship management, supplier relationship management, order fulfillment, development of product and commercialisation etc.
frame the objectives of the organizationframe the key persons handling top management positionslist the activities involved in producing output (product/Service)Departmentalize the activities under groupsGroups could be based on function, area/geography or product or a matrixDefine the way of communication, line of authority and control and responsibilities of designationsFrame the organizational hierarchy keeping in mind whether decision making need to be slow and centralized (Tall) or fast and decentralized (Flat) or a mixFollow up the performance and evaluate them oftenMake correction if necessary and update the structure
The people involved in the Mirena lawsuits were mostly from the USA. They have filed lawsuits against Bayer for misleading marketing and producing a defective product.
Product backlog management involves several key activities, including prioritizing tasks, refining user stories, estimating effort, and regularly reviewing and updating the backlog. These activities help ensure that the most valuable features are developed efficiently and effectively.
The activities involved in packaging, promotion, advertising, distribution, and sales of a product or service are collectively known as the marketing mix. This mix encompasses the strategies and tactics used to reach consumers, create awareness, and drive sales. The key components often referred to as the "4 Ps" include Product, Price, Place, and Promotion, which are essential for successfully bringing a product to market.
The term used to describe all the activities involved in marketing a product is "marketing mix." This concept encompasses various elements, commonly referred to as the 4 Ps: product, price, place, and promotion. These components work together to effectively position a product in the market and reach the target audience.