To explain: The example that this case provides for future entrepreneurs.
Case summary: In the given case, Company H helps customers to protect them from the hassle of sending their returns and then waiting to get their refunds by offering an easy alternative of a drop-off package in user-friendly kiosks. The company located these kiosks in different locations across the country from where people can easily get a refund in real-time. The process of refund from this package just takes one minute by following the simple steps of accessing the original order on an integrated tablet, selecting the appropriate item, and then choosing to return or exchange. The items travel to return hubs from kiosks after shipment for the approval of the return.
Want to see the full answer?
Check out a sample textbook solutionChapter 15 Solutions
EBK OPERATIONS MANAGEMENT
- What is necessary for a business to survive in the long term?arrow_forwardWhy is market assessment necessary for entrepreneurship?arrow_forwardThere are many risks faced by an entrepreneur when he starts up a business or deals with the business. Discuss the FIVE (5) challenges faced by entrepreneurs when they are dealing with the risks.arrow_forward
- What is the importance of viability, profitability, and customer to business?arrow_forwardGive an example of an entrepreneur(s) who reaped at least one benefit and drawback?arrow_forwardAs would-be Entrepreneur, write down 3 career opportunities which attract you most. Indicate ehat competencies you need to enhance in order to become successful in these opportunitiesarrow_forward
- What are the factors that discourage people from becoming entrepreneurs?arrow_forward9) Define entrepreneurs and intrapreneurs, and discuss the relationship between them. What makes them different?arrow_forwardWhat is an emerging industry? What is the primary opportunity available to entrepreneurial firms in emerging industries? Name three examples of firms in emerging industries.arrow_forward
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.