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I need help with these fill in the blanks! __________ is a resource that, when i

ID: 402894 • Letter: I

Question

I need help with these fill in the blanks!


__________ is a resource that, when in either short supply or excess, can destroy a business must be managed (balanced) with extreme care.


The main difference between products and services is that products are __________ and services are ____________.


A ____________ is a plan for how a business positions itself for future profitability


For businesses, sales price must be greater than the _______ or there is no margin for profit.


There are several shortcomings in exclusively considering __________ costs.


Supply chain management focuses on the relationships among customers and _________


_________ systems%u2019 primary focus is on the elimination of waste in producing goods and services.


A ___________ is a measure that should be achieved which provides a goal and gives operations consistency in processes, costs, and output levels.


%u2028  A process known as __________ analysis is used to compare what should happen to what actually is happening regarding inventory and capacity consumption.


Most managers will claim that the _______________ is their business%u2019s most critical resource.%u2028%u2028


%u2028  The ____________ dimensions of quality results from specific characteristics and capabilities of the product or service

Explanation / Answer

1>inventory

2>perishable, non-perishable

3>business plan

4>cost price

5>capital

6>supplier

7>lean

8>standard

9>variance

10>human resource

11>performance

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