mutliple choice question Process thinking alludes to:Select one:a.Value added activitiesb.Careful consideration of individual productsc.Planning in view of aggregated productsd.Lean thinkinge.Examining diversified systems as oneQuestion 12As part of the Important situational factors to be considered in forecasting __________________ relates to the method used and subject of forecast that should be closely related. Select one:a.Use of decision factorsb.Accuracy and costc.Timespan of the forecastd.Nature of goods and servicese.Availability of dataQuestion 13Efficiency is one of the process performance ratios that organisations can use to measure the performance of a process. Which formula is used to measure efficiency of the process?Select one:a.Items produced /Actual rateb.Items produced /Items soldc.Actual output rate /Designed production rated.Items produced /Inputs consumed = Output /Input

1- OPTION -B - Careful consideration of individual products 2-OPTION -A -Use of…

Answered: Process thinking alludes to: Select…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Question 12

As part of the Important situational factors to be considered in forecasting __________________ relates to the method used and subject of forecast that should be closely related.

Select one:

Use of decision factors

Accuracy and cost

Timespan of the forecast

Nature of goods and services

Availability of data

Question 13

Efficiency is one of the process performance ratios that organisations can use to measure the performance of a process. Which formula is used to measure efficiency of the process?

Select one:

Items produced /Actual rate

Items produced /Items sold

Actual output rate /Designed production rate

Items produced /Inputs consumed = Output /Input

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