Large business purchasers usually call for detailed product

Assignment Help Operation Management
Reference no: EM131368731

1. Large business purchasers usually call for detailed product specifications, written purchase orders, careful supplier searches, and formal approval. These are all examples of how the business buying decision process is more ________ than the consumer buying decision process is.

   a. creative

    b. relationship-oriented

    c. independent

    d. concentrated

    e. formalized

2. ________ are groups to which an individual wishes to belong, as when a teenage basketball player hopes to play someday for the Los Angeles Lakers.

    a. Leading adopter groups

    b. Aspirational groups

    c. Membership groups

    d. Social class groups

    e. Leisure groups

3. ________, the fastest-growing U.S. demographic segment, now number more than 46 million.

    a. Hispanics

    b. African Americans

    c. Gays and lesbians

    d. Mature consumers

    e. Asian Americans

4. ________ is never simple, yet understanding it is the essential task of marketing management.

    a. Understanding the difference between primary and secondary data

    b. Consumer buying behavior

    c. Consumption pioneering

    d. Brand personality

    e. Early adoption

Reference no: EM131368731

Questions Cloud

Understanding extrinsic and intrinsic motivation : Understanding extrinsic and intrinsic motivation is clearly important. What is the nature of the problem? What is the best idea as to the methods for analyzing and applying solutions to the challenge?
Using industry resource such as sports business journal : Using an industry resource such as the Sports Business Journal, research a current issue or controversy related to sports products, endorsements, or sponsorships. Provide a link to the article along with a one paragraph summary. Share our opinion abo..
Pros and cons of licensing for both licensor and licensee : Sports product sales is big business, and in an effort to capitalize on this, companies are licensing their merchandise to ensure quality and authenticity. Discuss the pros and cons of licensing for both the licensor and licensee.
Dealing with problem of inventory ordering policy : Why might a manager be forced to use simulation instead of an analytical model in dealing with a problem of (a) inventory ordering policy? (b) ships docking in a port to unload? (c) bank teller service windows? (d) the U.S. economy?
Large business purchasers usually call for detailed product : Large business purchasers usually call for detailed product specifications, written purchase orders, careful supplier searches, and formal approval. These are all examples of how the business buying decision process is more ________ than the consumer..
Cost would be based on waiting time in the system : Give 3 examples of a situation in which the waiting time cost would be based on waiting time in the system. Explain your answers. Examples include: when a computer or an automobile is taken into the shop to be repaired, the customer is without use of..
Get the modern american organization out of the crisis : How would you get the modern American organization out of the crisis (if one is in it) using the works of W. Edwards Deming? Explain Deming’s organizational theory. What practical advice could you offer to the CEO of a Fortune 500 corporation based o..
Think about the course registration system in the university : Think about the course registration system in the SEU University. Firstly, develop a set of non-functional requirements as if the system were to be developed today. Consider the operational requirements, performance requirements, security requirement..
How does it affect us health care : How does it affect US health care that we have a new President every few years? How does that affect policy and action that flows from it? Give some examples.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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