How can a change in customers, product lines, and supply chains affect business processes?
What will be an ideal response?
A new category of customers could mean that the credit-check process needs to be modified; a certain category of customers is too risky to be extended credit. All sales to customers in this category must be for cash. A change in product lines might require different ways of checking availability. A change in the supply chain might mean that a company no longer stocks some items in inventory, but ships directly from the manufacturer instead.
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Research and development becomes centralized when a company becomes transnational
Indicate whether the statement is true or false
Keep your setups ___________
a. detailed b. in reverse order c. separate from the rest of the document d. short
The MyMMs example in the chapter is NOT a good illustration of:
a. Premiumization: selling a traditional product for more money b. Services innovation: figuring out how to sell a product as a service c. Personalization: customizing a mass product for individual consumers d. Disruptive technology: inventing an entirely new printing technology
If, during the performance of a contract, extraordinary difficulties arise that were totally unforeseen at the time the contract was formed, a court may allow an exception to the preexisting duty rule
Indicate whether the statement is true or false