This area determines the wants and needs of consumers and devises a system for distributing goods and services to meet customer demand.
What is the marketing function?
100
Countries formed these to eliminate tariffs and permit goods to be traded between these countries without restrictions.
What are free-trade blocks?
100
This allows companies to monitor inventory levels on a real-time basis.
What is bar coding?
100
The use of technology and electronic communication networks to exchange business information and conduct transactions in a paperless form.
What is E-business?
100
JIT stands for
What is Just in Time Philosophy?
200
The area is responsible for providing useful information to the other functional areas and external parties.
What is the accounting and information systems function?
200
Manufactures must consider this (2 words) when they design and market their products.
What is global markets?
200
The span of time from the conception of the product until consumers no longer demand it.
What is product life style?
200
Increased sales opportunities are created through Internet sales in addition to, or instead of...
What is brick and mortar sales?
200
JIT businesses do not carry much of this
What is inventory?
300
This area uses accounting information to determine employees' monthly pay, retirement and vacation earnings.
What is the human resources function?
300
This provides a means of reaching consumers in every country in the world.
What is the Internet?
300
The steps in the product life cycle.
What is design stage, development stage, production stage, phase out period?
300
B2B
What is business to business?
300
For manufacturing companies customer focus means
What is zero defects?
400
This area uses accounting information to to evaluate investment proposals, to determine the costs of alternative financing strategies and to manage the amount of cash flows.
What is the finance function?
400
Chevrolet launched an unsuccessful marketing campaign for this in Spanish-speaking countries?
What is the Chevy Nova?
400
CAD, CAM, CIM?
What is computer-assisted design, computer-assisted manufacturing, computer-integrated manufacturing.
400
B2C
What is business to consumer?
400
Companies believe that it is less expensive to build a __ __
at the outset than to rework or refix an inferior product.
What is quality product?
500
This function is responsible for planning, organizing, directing and controlling the day to day activities of a business.
What is the production and operations function?
500
International companies may operate in many companies--sometimes to find cheaper labor but more often to...
What is develop markets for products?
500
When a clerk scans an item purchased by a customer three things happen...
What is 1-determines selling price, 2-removes item from inventory, 3-electronically forwards order to supplier.
500
One risk of E-Business
What is Denial of Service Attacks, Identity Theft
500
In order for manufacturers to have a zero defect policy they need to have good relationships with their__