Levels of product Core product The core product is not the tangible physical product. We can’t touch it. That’s because the core product is the benefit of the product that makes it valuable to us. So with the car example‚ the benefit is convenience the ease at which we can go where we like‚ when we want to. Another core benefit is speed since we can travel around relatively quickly. Actual product The actual product is the tangible‚ physical product. We can get some use out of it. Again with the
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Answers Absolute plutocracy Sovereignty of the provinces Theocracy Noninterventionist approach One country‚ two systems Which of the following is true of the CFTA? Answers It was designed to eliminate trade barriers between the United States‚ Canada‚ and parts of Asia. It created several‚ independent commercial markets for goods and services. It was a customs union like the European Community. It involved economic and political unions. It provided
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Student Name: ______________________________________ ID:______________________ 1-Learning Outcomes being assessed: Demonstrate an understanding about concepts of operations management and functions in manufacturing and services firms Appraise a business situation in terms of the operations objectives appropriate to the customers’ requirements and the competitive strategy of the firm 2-Handing in format instructions Sign this page and put it as a cover for your assignment Late submissions
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What Makes Poor Countries Poor? In the past century‚ the world has seen countless scientific and technological advancements that have greatly improved the human condition. Thanks to these developments in communications‚ transportation‚ medicine and agriculture‚ the wealth of developed nations has increased at phenomenal rates. Unfortunately‚ not all countries have experienced these benefits. Many nations still have a per capita GDP of $1000 or less. These countries continue to be poor because
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This can be explained by two words. Global outsourcing. Global outsourcing has been a hot topic concerning many Americans since the early 1990’s. Businesses are always deciding whether or not to take on this great challenge. This trend can be seen in the textile and apparel industry‚ companies have moved mass amounts of production overseas. Although it seems all companies in the textile and apparel industry are transferring their production to other countries‚ it is not essential for a business to
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Human Resources Management and Leadership * HRM in the Global Context of Business “The increasing interconnectedness of national economies around the world”. “The inexorable integration of markets‚ nation-states‚ and technologies… Jobs‚ knowledge‚ and capital move across borders with far greater speed than was possible just a few years ago”. Major shifts: From Closed markets/protectionism Manufacturing-based economy Unipolar world (West) Home country markets Consistency/slow
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Outsourcing American jobs to Foreign Countries WUI student University of Phoenix COM 110 Professor Olivia Miller August 13‚ 2006 Outsourcing American Jobs to Foreign Countries Outsourcing American jobs to foreign countries is slowly destroying our economy. You hear it all the time on the news‚ and you read about it the paper. Unemployment is rising‚ the cost of living is rising‚ and our economy is on shaky ground. So what exactly is outsourcing
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can be influenced by business strategy. In reality however HR strategies are more likely to flow from business strategies that will be dominated by product/market and financial considerations. But there is still room for HR to make a useful‚ essential contribution at the stage when business strategies are conceived‚ for example‚ by focusing on resource issues. The Development Process The process of developing HR strategies involves generating strategic HRM options and then making appropriate
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Outsourcing jobs to foreign countries has long seen to be a hindrance to American people when in actuality it can help the economy grow. Outsourcing is a sore subject for the majority of Americans today. Seeing jobs going overseas can be hard pressed to be seen as a good thing‚ even harder to believe it can help the economy. Looking at the way outsourcing can help everyone puts things in perspective on a global level. Imagine third world countries poverty stricken and hungry! Outsourcing in
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Levels of Product and Service Product Name: Itel Mobile Phone (Model: IT 6700). Introduction: Product planners need to think about products and services on three levels. Each level adds more customer value. The most basic level is core benefit. At the second level‚ product planners must turn the core benefit into actual product. Finally‚ product planners must build an augmented product around the core benefit and actual product by offering additional consumer services and benefits. Now I discuss
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