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COB 300 Operations Questions and Correct Answers
COB 300 Operations Questions and Correct Answers
[Show more]COB 300 Operations Questions and Correct Answers
[Show more]An issue or conflict that arises due to potential divergence of interest between managers, 
shareholders, and creditors is best described as a(n): 
Ans Agency Problem 
Corporations represent by far the largest contributor to overall revenue from all forms of 
business. They also represent the larg...
Preview 3 out of 17 pages
Add to cartAn issue or conflict that arises due to potential divergence of interest between managers, 
shareholders, and creditors is best described as a(n): 
Ans Agency Problem 
Corporations represent by far the largest contributor to overall revenue from all forms of 
business. They also represent the larg...
Process 
Ans Any set of activities performed by an organization that takes inputs and transforms 
them into outputs ideally of greater value to the organization than the original inputs. The 
output of many processes are services.Converts investment in resources to value for which 
customers pay....
Preview 4 out of 38 pages
Add to cartProcess 
Ans Any set of activities performed by an organization that takes inputs and transforms 
them into outputs ideally of greater value to the organization than the original inputs. The 
output of many processes are services.Converts investment in resources to value for which 
customers pay....
What 3 critical components make up BioBricks? 
Ans PCL, Pigments, and Educational Booklets 
What are BioBricks 3 dimensions for our product strategy? 
Ans Versatile, Sustainable, Educational 
Where are our suppliers located? 
Ans Shanghai and Guangdong China (PCL and Pigments), and Hudson, Wisconsin...
Preview 3 out of 18 pages
Add to cartWhat 3 critical components make up BioBricks? 
Ans PCL, Pigments, and Educational Booklets 
What are BioBricks 3 dimensions for our product strategy? 
Ans Versatile, Sustainable, Educational 
Where are our suppliers located? 
Ans Shanghai and Guangdong China (PCL and Pigments), and Hudson, Wisconsin...
Marketing: total market and target market numbers 
Ans 57 million and 2.5 million 
Marketing: Targeted Demographics, etc 
Ans middle class, 20-50 y/o, hygiene conscious 
Marketing: Why are we selling to CVS, RiteAid and Home Goods instead of Walmart and 
Target? 
Ans We would have to sell to them a...
Preview 3 out of 17 pages
Add to cartMarketing: total market and target market numbers 
Ans 57 million and 2.5 million 
Marketing: Targeted Demographics, etc 
Ans middle class, 20-50 y/o, hygiene conscious 
Marketing: Why are we selling to CVS, RiteAid and Home Goods instead of Walmart and 
Target? 
Ans We would have to sell to them a...
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