Consider your current or previous place of employment. How could you use a process improvement technique to solve an operational issue or concern? Why do you think customer service processes are so important within organizations? Provide a specific example of how you could use a supply chain plan or diagram in order to maximize value.
Question #2 :
Assess the usefulness of the SWOT framework in developing a market strategy. Provide an example of how you might use specific marketing research to formulate a strategic plan for your current or past place of employment. What marketing communication channels would be most useful in attracting buyers to an industry with which you are familiar.
Question #3 :
How can net present value and approximate internal rate of return help you recommend appropriate investment opportunities? Why is it important to use strategic decision-making methods to control business costs? Explain how you would use the WH Framework for Business Ethics in order to analyze a business decision.
Question #4 :
Provide an example of an economic recession impacting the financial performance of an industry of your choosing. Is it possible for an industry to perform well during economic downturns? What components of a financial plan might differ depending on industry? How do you determine what to include when drafting a financial plan for your organization?