Company first task is to create customers

Assignment Help Operation Management
Reference no: EM131399926

Peter Drucker has observed that a company's first task is "to create customers." Lee Iacocca emphasized the same idea when he said that "the only job security anybody has in his company (Chrysler) comes from quality, productivity and satisfied customers." What are some of the environmental factors that have contributed to the growing importance of satisfying the customer? Name some companies that have made "customer satisfaction" one of their main goals.

Reference no: EM131399926

Questions Cloud

Makes women blouses in traditional batch flow process : A factory makes women’s blouses in a traditional batch flow process. Making one of these blouses requires five distinct sewing operations that must be done in sequence. In the traditional batch flow process, the factory has 70 workers and has been pr..
Manufactures and markets a variety of pneumatic nail guns : Strict Liability Senco Products, Inc. (Senco), manufactures and markets a variety of pneumatic nail guns, including the SN325 nail gun, which discharges 3.25-inch nails. Lakin and his wife sued Senco for strict liability based on design defect. Is Se..
In conjunction with the sport marketing research theme : In conjunction with the sport marketing research theme of this course, your task in this discussion forum is to conduct research to identify specific examples of sport companies targeting a segment of the consumer market. The goal of this discussion ..
Summarize four aspects of business presentations : How is leadership and management practices exemplified in the healthcare sector? LP and risk: Can LP analysis be used in a risky environment? What rationale would justify its use? Explain why a supplier may not see the value in a close relationship w..
Company first task is to create customers : Peter Drucker has observed that a company's first task is "to create customers." Lee Iacocca emphasized the same idea when he said that "the only job security anybody has in his company (Chrysler) comes from quality, productivity and satisfied custom..
Why e-marketers attract customers and build relationships : This week we will discuss how and why e-marketers attract customers and build relationships. Choose a company and discuss how it uses differentiation, market positioning, targeting and segmentation strategies to build a strategic and long-term relati..
A blank indorsement can consist of a mere signature : A transfer by assignment can make it possible for a transferee to receive more rights in the instrument than the prior possessor had. A blank indorsement can consist of a mere signature. A holder takes an instrument for value if he or she inherits an..
Essay using the theories of jung and gardner : Complete the Jung Typology Test and write a 750-1000 word essay using the theories of Jung and Gardner to describe your top three strengths and how these will help you be a better student. Discuss why the similarities and differences are important to..
Criminal liability was applied to a business owner : Find an article that where criminal liability was applied to a business owner or director. What was the owner/director charged with? What could they have done to prevent the criminal sanction?

Reviews

Write a Review

Operation Management Questions & Answers

  Calculate the annual cost for a firm whose demand forecast

Develop a production plan and calculate the annual cost for a firm whose demand forecast is fall, 10,700; winter, 8,300; spring, 6,900; summer, 12,700. Inventory at the beginning of fall is 535 units. At the beginning of fall, you have 35 workers. It..

  Understanding community resilience in the context

An example of a literature review for a homeland security research topic is the document "Understanding Community Resilience in the Context of National Health Security: A Literature Review."  This literature review is comprehensive and shows how prof..

  What is a first-mover advantage

1. What is a first-mover advantage? Is it always best to be a first-mover? Why or why not? 2. What is a disruptive technology? Provide two examples.

  What sorts of management skills and executive perspectives

Assume you have a choice to work for a globally integrated enterprise, a met national, a glorecalized MNE, a micro-multinational, or a cyber corp. Which would you choose? Why? What sorts of management skills and executive perspectives do you believe ..

  Explain logistics tasks involved in one service supply chain

Explain logistics tasks involved in one service supply chain, say involving a hospital or restaurant. How different are these tasks versus those involved in a manufacturing supply chain?

  Create production plan and calculate the cost of the plan

Demand for Quigley Pops follows an up-and-down pattern over the four quarters of a year, with peaks in the spring and winter months when special promotions are held. Production is handled by a highly skilled local workforce during a regular 40-hour w..

  What effect does a performance appraisal have

What purpose do they serve under a performance management system?

  Internal hazard reporting and distribution system

What makes an efficient internal hazard reporting and distribution system? Where are the possible failures in sustaining these in-house programs?

  What is your assessment of the current status of the project

In month 9 the following project information is available: actual cost is $2,000, earned value is $2,100, and planned cost is $2,400. Compute the SV and CV for the project. On day 51 a project has an earned value of $600, an actual cost of $650, and ..

  Strengths and weaknesses of amazon pricing strategy

What are the strengths and weaknesses of amazon's pricing strategy? How do its prices compare with competitors on specific books? On these specific books, how do amazon's prices compare with bricks-and-mortar retailers such as walmart or costco.

  Disadvantages of a centralized system

Though the average inventory of the centralized distribution system is lower than that of the decentralized distribution system, is it possible that there are disadvantages of a centralized system?

  Biggest financial issues of your organization

What do you see as the biggest financial issues of your organization? Hint: You are a nonprofit organization- so look at your means of funding and the relationship this has on your ability to treat patients and hire new staff. How will you address th..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd