Choose any two non-operations business functions. Provide examples of an operations or supply chain activity that interfaces directly with each business function you have chosen
What will be an ideal response?
Answer: The marketing function interfaces with operations and supply chain management during process selection, forecasting, capacity planning, planning and control, purchasing, and logistics. The finance function works closely with operations and supply chain management in process selection, forecasting, capacity planning, inventory management, and purchasing. The human resource function works directly with operations and supply chain management when making process selection, capacity planning decisions. The accounting function works with operations and supply chain management when capacity planning is being performed.
The IT function is involved with operations and supply chain management while process selection, inventory management, and planning and control are taking place. Examples will vary.
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Briefly explain how marketers use marketing controls
What will be an ideal response?
The group that sets international preferred accounting practices is called the:
A. FASB. B. AICPA. C. CAP. D. SEC. E. IASB.
How have the attitudes of marketing professionals changed in recent years?
A) They no longer treat public relations as merely an ancillary part of the marketing mix. B) They make sure that products and services meet the desires and needs of customers. C) They price products and services competitively. D) They ensure that products are distributed widely.
Answer the following statement(s) true (T) or false (F)
1. A strategic organizational behavior approach is closely related to human capital. 2. A strategic organizational behavior approach is based on the idea that goods are the key to productivity, competitive edge, and financial success. 3. Value, rareness, and importance are all part of human capital. 4. An example of human capital rareness is an employee who has a gift for dealing with customer complaints and can resolve dilemmas. 5. Organizational behavior has looked outside of the business school and uses concepts from many other behavioral sciences.