Marketing 2 Intermediate 2 Study guides, Class notes & Summaries

Production - Creation of Goods & Services Operations Management (OM) - Activities that relate to Creation of Goods & services through the transformation of inputs to outputs Marketing - Creates Demand for goods Production/ operations - Creates the Product Finance & Accounting - Which tracks how well the organization is doing, Pays the bills and collects the money We study OM for 4 reasons (1-4) - Learn how People Organize themselves for productive enterprise We study OM for 4 reasons (2...

Principles of Management C483 WGU Exam Questions and Answers 100% Pass Describe strategic planning - Answer- Making decisions about the organization's long- term goals and strategies Describe strategic goals - Answer- major target long-term goals that are effective and efficient describe strategy - Answer- pattern of actions and resource allocations designed to achieve the goals of the organization. 1. Where will we be active? 2. How will we get there (increase sales or acquire another ...

Define Operations Management the set of activities that create value of goods and services by transforming inputs into outputs Basic Management Functions -Planning -Organizing -Staffing -Leading -Controlling What are the 10 Strategic Decisions? 1. Design of goods and services 2. Managing quality 3. Process and capacity design 4. Location strategy 5. Layout strategy 6. Human resources and job design 7. Supply-chain management 8. Inventory management 9. Scheduling 1...

C722- Project Management, WGU C722 (Pre), WGU C722 Project Management Terminology, WGU C722 Project Management Terminology, WGU C722 Equations Questions and Answers 100% Pass A firm begins its strategic business initiative of developing a new business model that will allow the firm to deliver an efficient, tailored service to its customers. To accomplish this, the firm initiates a business management project. Which aspect of project management applies to this firm's project? - Correct An...

Small Business Management Exam 1 Questions And Answers A small business is one that is? - ANS Activity managed by the owners Highly personalized Largely local in it's area of operations Largely dependent on internal sources of capital. Independently owned and operated and does not donate the field of operation. Has a successful going concern has demonstrated? - ANS An ability to attract customers. Can control cost. Can make a profit. Has a track record under actual marketing ...

REAL ESTATE- POWER HOUSE TRAINING (SAE) 61 Question with Verified Answers NAME RECOGNITION - CORRECT ANSWER Comes from developing a marketing plan that is outside the box, something that separates you from others. Devising a 12 Month Marketing Plan - CORRECT ANSWER A key habit of successful, professional agents. Planning in advance not only allows you to properly budget, it also ensures that you do not over commit to any one buyer or seller. Zero Cost Approach - CORRECT ANSWER Getting b...

the strategic role of marketing goods and services At McDonald's, marketing plays a vital role in sustained sales growth. The company does this by developing a range of strategies in regard to product design, pricing and promotional campaigns. Marketing plans are then used to employ strategies that aim to achieve the overall business objectives. For example, one of the strategic goals identified by McDonald's Corporation in the 2019 Annual Report was to have systemwide sales growth of 3% to 5...

GMS 522 Final Exam Questions and Answers 100% Pass Internationalization - Answer- -defined as the process by which firms become more engaged in international markets. -the process involves varying degrees of financial and other resource commitments to foreign markets and of course, various degrees of risk Mode of Entry - Answer- central to the process of internationalization is the selection of an entry mode. These range from low commitment modes such as exporting high commitment modes s...

Which of the following types of health insurance covers the cost of providing non-medical custodial care to individuals with cognitive problems? A. Disability income insurance B. Long-term care insurance C. Hospital expense coverage D. Medical Expense coverage B All of the following are characteristics of a group health insurance plan EXCEPT: A. Only group members may be covered. B. There is one master contract B. Each person has a policy D. Benefits are essentially the same for al...

FINRA SIE Exam Questions with Complete Solutions Exempt Securities from SEC Registration - ANSWER -securities listed by the U.S. or federal agencies -Municipal Bonds -Securities issued by banks, savings institutions and credit unions -Public utility stocks or bonds -Securities issued by religious, educational or nonprofit organizations -Notes, bills of exchange, bankers acceptances and commercial paper with an initial maturity of 270 days or less -Insurance policies and fixed annui...