What kind of advantages does the implementation of the Management System bring? Select one: Sometimes these are advantages and sometimes they are disadvantages. Increases market share. Encourages the creation of added value in the realisation of the product or service.
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What kind of advantages does the implementation of the Management System bring?
Select one:
- Sometimes these are advantages and sometimes they are disadvantages.
- Increases market share.
- Encourages the creation of added value in the realisation of the product or service.
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- How is tying rewards to improved sustainability performance a form of strategic control?It is said that an organisation can achieve competitive advantages through three generic strategies called, cost leadership, differentiation and focus. Which of the following best describes the focus strategy? The focus strategy aims to offer a product that cannot be matched by competitors and charge a premium. The focus strategy aims to position the entity in a particular market segment. The focus strategy aims to cut costs of production or purchasing or service and selling prices. None of the above.Company strengths and weaknesses are tied to its stated goals and objectives. Select one: True False
- In the business model canvas, a description of the value proposition should answer which of the following questions? Multiple Choice How much does it cost to produce our products? How do we reach our customers? How do we produce our products? What do we do for our customers? How do we interact with our customers?What is more important, a quality product or excellent customer service?My product is called "The Perfect Cup." It is a reusable coffee cup that helps people save money and reduce waste. Conduct a SWOT analysis for your product. Strengths: What are the positive internal factors for your product? Examples could be a new, innovative product or service; location of the company; quality processes and procedures; or any other aspect that adds value to your product or service. Weaknesses: What are the negative internal factors for your product? Examples could be undifferentiated products in relation to your competitors; location of the company; poor-quality goods or services; or a damaged reputation. Opportunities: What are the positive external factors that could influence your product? Examples could be mergers; joint ventures or strategic alliances; new market segments; international markets; or a market vacated by an ineffective competitor. Threats: What are the negative external factors that could influence your product? Examples could be new competitor in…
- If you were assessing the value of a business which two factors would you take into account and in which financial statement would you find them? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt A V I.Application of IS Concepts to Manage a Company during a Global Pandemic With a global viral pandemic such as COVID-19 has forced governments to forbid any type of gathering of more than 10 people at one place. Administrators in some states and counties imposed lockdowns or shelter-in-place orders. Businesses have and are currently suffering from loss of customers, absence of employees in the workplace and lack of supplies from producers and distributors. Millions of people are without jobs and without paychecks to support their family. Now imagine that the CEO of Walmart ( retailer) has offered to hire a person as a consultant and asked for ideas that can help them manage their organizations. Explain how information and communication technologies have been used by some companies to continue to function while others have shut down their operations and then give some recommendations to the CEO to consider in managing the organization. Key Term Table Business model Business processes…Explain the strategic option that takes the organization away from its existing products and markets showing its main advantages and disadvantages and the appropriate methods for its implementation?
- Select all that apply Which of the following are associated with marketing, as defined by the American Marketing Association? (Choose every correct answer.) Multiple select question. Processes used to create value for clients Institutions that facilitate the exchange of offerings that have value for customers Organizations that develop industry partnerships for international outsourcing Activities that communicate offerings that have value for society at large Institutions that implement technologies for increased production efficiencySales, cost and profitability measures for a company are as follows: % of sales Sales Cost of supply chain purchases $65000 Other production costs Fixed costs Profit $100000 65% $15000 $15000 $5000 15% 15% 5% What percentage improvement is needed in a sales strategy for profit to improve to $6000? What must sales be for profit to improve to $6000? 2.How can the following help an organization maintain a strong competitive edge? Strong marketing team Regular professional development Good working relationships with stakeholders