In the value-creation process, manufacturing, assembly, dispensing medications, and teaching a class are examples of which of the following processes?
a. Facilities management
b. Sales
c. Advertising
d. Production
d
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User-driven innovation is often resisted by companies for many reasons. Which one of the following is NOT one of those reasons?
a. Companies believe customers lack the skill base that the product requires. b. Companies believe customers lack sophisticated knowledge. c. Companies believe it gives customers too much power. d. Engineers view customer innovators as rivals who undermine or challenge their creativity. e. Customers come up with great ideas that the company may not have thought of.
Channel members add their value by bridging gaps in form, time, place, and ownership that naturally exist between ________.
A. consumers and transporters B. distributors and agents C. facilitating agents and transporters D. producers and retailers E. producers and consumers
What safety stock should be held to put the expected shortage per cycle at 5 phones?
A) 418 phones B) 433 phones C) 462 phones D) 487 phones
Reggie was hosting a BBQ when the deck fell off his house. Several of his friends were hurt in the accident. Luckily for Reggie he has ________ coverage on his home owner's insurance
A) personal articles B) loss of use C) personal liability D) none of the above