Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Chapter 9, Problem 2CTQ
How would you turn the Seven Fronts of Sustainability into SMART goals?
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1. Give one new distribution channels for Virtual Assistance (freelance business) that is not commonly used.
- show a chart/diagram to illustrate the flow of the distribution channels.
- explain the rationale behind it. (e.g., increased market reach, improved customer experience, cost-efficiency).
- connect the given distribution channel to the marketing mix: (How does it align with the overall marketing strategy? Consider product, price, promotion, and place.).
- define the target audience: (Age, gender, location, interests, etc.).
- lastly, identify potential participants: (Wholesalers, retailers, online platforms, etc.)
"The following three phrases are identical in Total Quality Management (TQM):
The quality at the source
Emphasising prevention rather than the detection of defects
Focusing on process rather than outputs"
Do you agree or disagree with the statement? Give reasons to support your
answer.
Examine how 'Six Sigma' differs from 'TQM'. Give examples to aid in your discussion.
Chapter 9 Solutions
Principles of Management
Ch. 9.1 - What activities make up the strategic management...Ch. 9.2 - What does a mission statement explain about a firm...Ch. 9.2 - What are the similarities and differences between...Ch. 9.3 - What strategic analysis tools from the previous...Ch. 9.4 - What is the difference between strategic...Ch. 9.4 - Describe the three levels of strategy and what a...Ch. 9.4 - What is a grand strategy, and how does it relate...Ch. 9.4 - What are the three grand strategies, and why would...Ch. 9.5 - What PESTEL forces (see Chapter 8) have...Ch. 9.5 - Amazon has entered into the brick-and-mortar store...
Ch. 9.5 - What strategic actions do you think a store like...Ch. 9.5 - What are the three levels of planning, and what...Ch. 9.5 - Why is strategic implementation most commonly...Ch. 9.6 - Why is performance evaluation critical in...Ch. 9.6 - How does the strategic planning process inform...Ch. 9 - What does a mission statement explain about a firm...Ch. 9 - Describe the three levels of strategy and what a...Ch. 9 - Give an example for why a firm would pursue each...Ch. 9 - What actions can help a firm grow?Ch. 9 - What managerial skills and actions are included in...Ch. 9 - Why are good goals important to the planning...Ch. 9 - What are the strategic planning time frames? How...Ch. 9 - Why is performance measurement often the start of...Ch. 9 - What reaction do you think employees had when Ray...Ch. 9 - How would you turn the Seven Fronts of...Ch. 9 - How is tying rewards to improved sustainability...
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