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Describe the seven types of business goods and services. Major equipment includes capital goods, such as heavy machinery. Accessory equipment is typically less expensive and shorter-lived than major equipment. Raw materials are extractive or agricultural products that have not been processed. Component parts are finished or near-finished items to be used as parts of other products. Processed materials are used to manufacture other products. Supplies are consumable and not used as part of a final product. Business services are intangible products that many companies use in their operations.
1. In small groups, brainstorm examples of companies that feature the products in different business categories. (Avoid examples already listed in the chapter.)
Compile a list of ten specific business products including at least one in each category. Then match up with another group.
Have each group take turns naming a product and have the other group identify its appropriate category.
Try to resolve all discrepancies by discussion. Some identified products may appropriately fit into more than one category.
Suppose that people expect the Fed to hit its inflation target. In the short run, if output growth is just 2 percent for two years and the equation determining the real interest rate changes to r=4.5-%^Y, what money growth rate should the Fed aim ..
Explain how do you think the new procedures increase autonomy? What lessons can be erudite from this case about the way to implement effective work redesign
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1. In what ways do ERP and SCM software complement each other, and why should they be integrated? 2. What are the three types of business intelligence's and how can they affect decisions.
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write down an explanatory note on the otcei? n eplain it3939s uses in our society from it3939s
Explain your thoughts on how the mechanistic organization mindset became so ingrained in the business world. Next, explain what in the evolution of management theory and practice has raised the need for change.
Chose an article from any reputable source such as news, trade, or professional periodicals or newspapers.
explain however, informed pro shops or retailers of the limitation on Karsten's authority. Nonetheless, Karsten, anxious to make a big sale, made a contract to sell 700 pairs of Ling golf shoes to Pro Golf Industry. Was Ling bound to this contract..
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How does snob appeal/conspicuous consumption forms a situation when more is demanded when the price increases
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