Podcast
Questions and Answers
What is a key variable related to 'Product' that organizations should consider?
What is a key variable related to 'Product' that organizations should consider?
- Brand name of product
- Timing of product delivery
- Material of product (correct)
- Cost of product
In the context of 'Selling and Marketing', what is a strategy for saving costs mentioned in the text?
In the context of 'Selling and Marketing', what is a strategy for saving costs mentioned in the text?
- Identifying unsatisfied needs of customers (correct)
- Increasing promotional activities
- Benchmarking with competitors
- Reducing product quality
What aspect of 'Productivity' involves a mixture of ingredients to satisfy customers?
What aspect of 'Productivity' involves a mixture of ingredients to satisfy customers?
- Time management
- Innovative design
- Cost reduction
- Quality improvement (correct)
Which of the following is NOT a consideration when measuring an airline company's performance?
Which of the following is NOT a consideration when measuring an airline company's performance?
When should an organization go for benchmarking according to the text?
When should an organization go for benchmarking according to the text?
What is the main purpose of internal benchmarking?
What is the main purpose of internal benchmarking?
What is the significance of 'Zero Defect Level' in benchmarking?
What is the significance of 'Zero Defect Level' in benchmarking?
Why is it crucial for an organization to match its distribution channel with other organizations in benchmarking?
Why is it crucial for an organization to match its distribution channel with other organizations in benchmarking?
In benchmarking, what is the main consideration when evaluating the technology used by other companies?
In benchmarking, what is the main consideration when evaluating the technology used by other companies?
How does benchmarking contribute to sales forecasting improvement in organizations?
How does benchmarking contribute to sales forecasting improvement in organizations?
