Man 320f exam - Study guides, Class notes & Summaries

MAN 320F EXAM 2 AROIAN QUESTIONS AND ANSWERS GRADED A+ How can a manager use the concept of value chain analysis? To examine each step in the production process to identify areas where value is added and find opportunities for improvement and cost reduction. What is the role of contingency planning in risk management? To prepare for potential unforeseen events by developing alternative plans and strategies to handle possible risks effectively. How does the Four Ps framework app...

MAN 320F Exam 1 Aroian Questions and Answers Already Passed What is the difference between tactical and strategic planning in management? Tactical planning focuses on short-term goals and actions, while strategic planning addresses long-term objectives and overall direction. How can managers use benchmarking to improve performance? By comparing their organization's processes and performance metrics with those of leading companies to identify areas for improvement. What is the ...

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