5.2 Methods of Production
What did I ask you guys to make to simulate batch production?
Pancakes
What are the 4 P's?
Price, place, promotion, product
Which fast food business was the crisis youtube video and activity about?
Chipotle
Who are the two guys who usually take class together, maybe sober maybe not...
Charlie & Vicente
Name the animal that represents Easter?
Bunny or rabbit
What is batch production?
Producing a set of an identical product or item
Name the 6 CUEGIS concepts
Change, culture, ethics, globalization, innovation, strategy
Which country did Starbucks fail terribly in?
Australia
Who always bribes me with coffee and breakfast?
Ernit
What day is Easter celebrated on this year?
April 4th
What is job production?
Customizing an individual product from start to finish, tailor made to meet the specific requirements of the client.
What is the most basic formula for profit?
Revenue- costs= Profit
What was the name of the Greek pastry from our finance review activity?
Phyllo
San Fran 49ers
What is the favorite team of Barroeta & Mau?
Why is Easter celebrated?
To recognize Jesus' resurrection
What is Mass production?
Large-scale manufacturing of a homogeneous (standardised) product
What does ROI stand for?
Return on investment
Which business did we read about that reached a financial milestone: It no longer needs to borrow money.
Netflix
Ximena
The day that Jesus died is called?
Good Friday
What were the products from the videos you watched for the 5.2 methods of production activity (name one)
Pencils, cakes, sour gummy worms
What does the debtor days ratio measure?
Measures the number of days it takes on average for a firm to collect its debts from customers it has sold goods to on credit
What was the name of the fictional business from the case study you used for the last partial exam?
Multi- Marketing
Who has a brand new baby kitty?
Manuel
70% of Easter candy is made up of...
Chocolate