Chapter 1 An overview of logistics Economic impacts of logistics Economic utility (the value or usefulness of a product in fulfilling customer needs or wants) 4 general types: * Possession utility : the value or usefulness that comes from a customer being able to take possession of a product * Form utility : a product’s being in a form that can be used by the customer and is of value to the customer(allocation; smaller quantities that are desired by customers) * Place utility :having
Premium Supply chain management Inventory Logistics
Report on International Logistics I. Introduction This report focuses on. the type of inventory decisions that ZK would have to make. the factors the company would take into account when choosing its transport methods. how the company would take into account customer needs when deciding on warehousing facilities. II. Findings 1. The type of inventory decision that ZK would have to make Inventory control is the supervision of supply‚ storage and accessibility of items in order
Premium Transport Inventory Transportation
Psychodynamic Approach to psychology. 10 Marks The psychodynamic approach was proposed by Freud‚ an Austrian neurologist turned psychologist. It focuses on the unconscious mind‚ and states that our behaviour is determined by instincts‚ such as the aggressive (Thanatos) and sex (libidinal) drives‚ which energise the unconscious mind. Many people will ask ‘What is the unconscious?’ The psychodynamic approach suggests that when people make important decisions in life‚ instinctive mental processes‚ which they
Premium Sigmund Freud Psychology Mind
Which Antacid Works the Best? Heartburn is a condition characterized by a burning feeling in the chest and a sour or bitter taste in the mouth. Heartburn usually develops when the acidic contents of the stomach flow back‚ or regurgitate‚ into the esophagus‚ the muscular tube that carries food from the throat to the stomach. Approximately one in ten adults experience heartburn once a week. Heartburn is more common in pregnant women because of the pressure the expanding uterus exerts on the stomach
Premium Stomach
CH1 60. (p. 2) What are the three reasons negotiations occur? Negotiations occur for several reasons: (1) to agree on how to share or divide a limited resource‚ such as land‚ or property‚ or time; (2) to create something new that neither party could do on his or her own‚ or (3) to resolve a problem or dispute between the parties. 70. (p. 15) Describe the strategies and tactics a negotiator would employ in a distributive bargaining situation. In distributive situations negotiators are motivated
Premium Negotiation Best alternative to a negotiated agreement Collective bargaining
Strategy (N1021) Assignment – Briefing Paper Senior business executives’ time is precious. In line with this you are to produce a short (500 word) briefing paper addressing one of the following strategic issues. The briefing paper should take the form of a memo to the board of the relevant organisation‚ and should draw upon your understanding of Strategy course material and any other relevant topics from your degree. Start out with (1) a short introduction of the company’s current situation (approx
Premium Volkswagen Group SEAT Porsche
(suitable for use with the chapter relating to global competition and competing in foreign markets) 1. Is the international market arena in which your athletic footwear company competes characterized by multicountry competition or global competition? Explain why. We will say that it is global competition‚ because global competition refers to the situation when products and services requirements from country to country are similar and close. We will say that in this market they are pretty similar
Premium Marketing International trade Globalization
Developing & Planning a Strategy - For the Sponsor Sponsorship Session 2 Developing & Planning a Strategy for the Sponsor - 1 The Sponsorship Process for the Sponsor Strategy •Strategy development •Policy making •Selection frameworks •Portfolio audit •Resources review Planning •Property selection •Objectives •Contracting •Branding design •Implementa tion planning •Evaluation blueprint creation Execution •Implementation •Supplier selection •Stakeholder communications • B2C • B2B • B2E • Other
Premium Strategic management Advertising
Discuss the extent to which a knowledge of wider management issues‚ such as leadership and team working might improve the career prospects of someone wishing to work in the field of business management ● Define the terms leadership / teamwork / …. Read what one or two noted authors say about leadership / teamwork and use a quote from each of them to explore a little furtehr what teamwork / leadership mean to those who use them. discuss‚ look at both sides of an issue‚ compare‚ contrast
Premium Leadership Management Personality psychology
pen that is used to create permanent writing on an object. Generally the liquid is water resistant‚ and is capable of writing on many surfaces from paper to metal to stone. They come in a variety of tip sizes (ultra fine to wide)‚ shapes (chisel point‚ bullet tip‚ and wide bristle)‚ and colors (metallic‚ non metallic‚ or ultraviolet reactive). Like spray paint these markers give off volatile organic compounds. Permanent marker can be removed using a dry erase marker on certain surfaces such as a
Premium Acetone Ethanol Solvent