What is product knowledge

Assignment Help Management Theories

Reference no: EM131088120 , Length: word count:400

1. Explain why it is important to check the goods that have been received as soon as possible.

2. Explain why, in an organisation, it is important to keep receipts for items purchased.

3. Using your work, family or community experience, provide an example of when failure to thoroughly check a delivery resulted in a problem. Explain what should have been done in order to prevent this problem from having occurred.

4. Explain the importance of maintaining an accurate and up-to-date asset register.

5. Choose an organisation on which to base this activity. Interview key people within the organisation in order to complete the following table.

6. Comment on how effective you think the recordkeeping practices of this organisation are. Why are they effective or what improvements would you recommend?

7. Why might an organisation adopt a specific purchasing strategy including assigning different roles and limits of authority to different personnel?

8. Under the Consumer protection legislation, what must advertisers of products and services do and what must they not do? Upload your answer for assessment.

9. What is product knowledge? What do you need to find out in order to develop good product knowledge? What sources of information might you consult in order to develop your product knowledge? Upload your answer for assessment.

Reference no: EM131088120

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