8.2 Describe the two approaches to order management. How are they different? How are they related? Explain how order management and customer service are related.
Answers
There are two main approaches to order management: the traditional approach and the modern approach.
The traditional approach to order management is characterized by manual processes, such as writing orders on paper, and a lack of integration between different parts of the organization.
This approach can be slow and inefficient, and can lead to errors and delays in fulfilling orders.
The modern approach to order management, on the other hand, involves the use of technology and automation to streamline processes and improve efficiency.
This approach typically includes the use of an order management system, which can automatically process orders, track inventory, and coordinate fulfillment and delivery.
The modern approach also involves the integration of different parts of the organization, such as sales, marketing, and fulfillment, to ensure a smooth and seamless customer experience.
Both approaches to order management are related in that they both aim to fulfill customer orders and provide good customer service. However, the modern approach is generally more efficient and effective at achieving these goals, thanks to the use of technology and automation.
Order management and customer service are closely related, as effective order management is a key component of good customer service.
By efficiently processing orders, tracking inventory, and coordinating fulfillment and delivery, companies can ensure that customers receive their orders quickly and accurately, leading to a positive customer experience.
In addition, effective order management can help companies to identify and resolve any issues or problems that may arise, further enhancing customer satisfaction.
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Related Questions
5x - 3y = 8
9 + 7y - 126
Answers
Answer:
x=7
y=9
Explanation:
:)
In order to make up for a budget deficit, the government can do what?
Answers
Answer:
print more money
Explanation:
it makes sense if u think bout it
Answer:
Budget deficit is when the government exceeds its budget, meaning they have spent a lot more money than they were initially supposed to, and thus need to get more money for other issues. So what the government will usually do is take out loans and sell government bonds.
Explanation:
Hope this helps :)
What economic concept is applied in this statement?
By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others.
A.
equilibrium
B.
law of demand
C.
law of supply
D.
negative externality
E.
positive externality
Reset Next
Answers
By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. The economic concept which is applied in this statement is a positive externality.
What are skills?Skills refer a set of qualities or abilities an individual carries in order to complete the task. These skills represent the expertise of any individual in terms of knowledge and talents.
When these skills are learned along with the higher level of education it creates an add-on for the career. These skills include communication skills, problem-solving skills, critical thinking, leadership qualities, and so on.
Therefore, option E positive externality is the correct option for the given statement.
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The higher the interest rate, the other the_____ will be
A. Length of time until the investment doubles
B. Future value of money
C. Inflation rate
D. Present value of
Answers
Which describes a situation of scarcity?
Answers
Answer:
Scarce natural resources make it more difficult for producers to keep up with demand.
Explanation:
pa brainlest na din po
Answer:
"Scarce natural resources make it more difficult for producers to keep up with demand"
ABSOLUTE SCARCITY EXAMPLES INCLUDE: ... Coal is used to create energy; the limited amount of this resource that can be mined is an example of scarcity. A day has an absolute scarcity of time, as you cannot add more than 24 hours to its supply. Those without access to clean water experience a scarcity of water
what is the book of first entry
Answers
Answer:
Journals
Explanation:
“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"
Four year universities are the only type of school worth attending. True False
Answers
Answer:
false
Explanation:
Answer:
false
Explanation:
there are a number of other reliable schooling options
What do people use as an alternative to banks?
Answers
Credit unions are an alternative to banks that let you conduct local banking with like-minded individuals.
What are some alternatives to banks that people use?Credit unions- Credit unions are an alternative to banks that let you conduct local banking with like-minded individuals.Online banks- With no need for actual bank branches or ATMs, Online banks provide all of the features and functionality of conventional brick-and-mortar banks.Neobanks- Neobanks, commonly referred to as "challenger banks" or "digital-only banks," are online-only competitors to traditional banks.Regional bank- A regional bank is frequently the best financial choice for small businesses. Regional banks concentrate their services in a limited geographic area and are often smaller than national banks.Community banks- For companies looking for a bank alternative, community banks are still another choice. Community banks are modest, neighborhood financial institutions that concentrate on offering banking services to the local populace and commercial sector.Individual lenders- Peer-to-peer (P2P) lending is a form of crowdsourcing that enables companies to obtain capital from private investors.Square Cash- Square Cash: For companies that need to transfer or receive money fast and simply, Square Cash is a great bank substitute.Go-ogle Wallet/Ap-ple Pay Cash- With the help of Go-ogle Wallet, you can keep all of your credit, debit, and loyalty cards in one location. Similar service provided by Ap-ple, Ap-ple Pay Cash, enables you to centrally store all of your credit and debit cards as well as gift cards.Off-shore Bank Accounts- An off-shore bank account could be the solution for you if you're looking for a more comprehensive banking option. Since offshore banks are situated in nations with lax financial laws, they provide more services and goods than ordinary banks.Learn more about Community banks: https://brainly.com/question/28759249
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Definition for crime and violence
Answers
Answer:
Crime can therefore be defined as a violation of the law and an act of deviance from established rules, or a non-commission of an action that is required by law. Violence, on the other hand, is an act of physical aggression that in most cases results in harm.
A course that costs $500 will allow you to get a job that pays $2 more per hour than your current job. How many hours will you need to work at the new job before your investment in education has "paid off"?
Answers
Answer:
250 hours.
Explanation:
Cost of course : $500
The extra income from the course is $2 per hour
to pay off the cost of the course requires earning $500 by working at a rate $2 per hour.
Number of hours required = $500/2
=250 hours.
What role does the mission statement play in the planning process? a. Sets company direction b. Guides day to day activities c. Sets purpose of business d. Links strategy and operations
Answers
The correct option is A. The role of the mission statement play in the planning process Sets the company's direction.
Commercial enterprise economics is an area in applied economics that makes use of monetary concepts and quantitative strategies to investigate business companies and the factors contributing to the range of organizational structures and the relationships of companies with labor, capital, and product markets.
Enterprise economics is a field of carried out economics that research the economic, organizational, market-related, and environmental troubles faced by businesses. commercial enterprise economics encompasses topics inclusive of the idea of scarcity, product factors, distribution, and intake. enterprise is likewise the efforts and activities of a person who is producing items or imparting offerings with the cause to sell them for earnings. commercial enterprise Definition. commercial enterprise refers to an enterprising entity or employer that contains professional sports. They can be business, commercial, or others.
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rollincoast incorporated issued bbb bonds two years ago that provided a yield to maturity of 11.5 percent. long-term risk-free government bonds were yielding 8.7 percent at that time. the current risk premium on bbb bonds versus government bonds is half what it was two years ago. if the risk-free long-term governments are currently yielding 7.8 percent, then at what rate should rollincoast expect to issue new bonds?
Answers
9.2 % is the rate should rollincoast expect to issue new bonds.
How do you calculate yield percentage?The discrepancy between the quantity of product actually produced and the maximum calculated yield is known as the percentage yield. The formula for percentage yield is the experimental yield divided by the theoretical yield multiplied by 100. If the actual and theoretical yields are equal, the percent yield is 100%.The 1996 version of Vogel's Textbook states that yields close to 100% are referred to as quantitative, yields over 90% are referred to as excellent, yields over 80% are very good, yields over 70% are good, yields over 50% are decent, and yields under 40% are referred to as bad.The formula percent yield = actual yield/theoretical yield x 100 is used to calculate yield percentage.Learn more about yield percentage refer to :
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please give short simple answers! will give thumbs up The senate is debating whether to continue funding a community college program that helps students learn a particular skill that leads to career opportunities.One senator gets up and argues that thousand of dollars have been spent so far on the progarm and it would all be wasted if the project doesn't receive more funding. a.Using what you know about civil discourse and about economics,inform the senator about the flaw in his/her argument.(2 points) b.What should the decision be based on?(2 points) c.Would the decision-making process used by economists change if the program being funded was funding the building of more bombers?(1_point)
Answers
The flaw in the senator's argument is the consideration of sunk costs; the decision should be based on future costs and benefits.
a. The flaw in the senator's argument is the consideration of sunk costs. Sunk costs are the expenses that have already been incurred and cannot be recovered regardless of the decision made. The fact that a significant amount of money has been spent on the program in the past should not be the sole basis for deciding whether to continue funding it. Instead, the senator should focus on the future costs and benefits of the program. Continuing to fund the program should depend on its potential to achieve the desired outcomes, such as providing valuable skills and career opportunities for students.
b. The decision should be based on a comprehensive evaluation of the program's current and future benefits, costs, and effectiveness. The senator and other decision-makers should assess the program's impact on student learning outcomes, employment rates, and the overall return on investment. Additionally, consideration should be given to the availability of alternative programs or funding priorities that may better align with the community's needs and economic conditions. Ultimately, the decision should aim to maximize the overall societal welfare and allocate resources efficiently.
c. The decision-making process used by economists may change if the program being funded involved the building of more bombers. In this case, additional factors would need to be considered, such as national defense priorities, security concerns, and geopolitical dynamics. Economists would analyze the costs and benefits associated with investing in the bomber program, considering its potential impact on national security, employment, and economic development. The decision-making process would likely involve a broader range of stakeholders and consider both economic and strategic considerations, in contrast to a purely economic evaluation of a community college program focused on skill development.
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Identify any THREE problems currently faced by the Tesla. (3)
Answers
2) Unfullfilled promises
TRUE / FALSE. this paint binder is a by-product of the flax plant and first came into common use during the late middle ages and the renaissance in northern europe.
Answers
The paint binder referred to in the statement is linseed oil, which is indeed a by-product of the flax plant. It became a popular ingredient in paint during the late middle ages and the renaissance in northern Europe. Therefore, the statement is true.
Linseed oil, a paint binder, is extracted from the seeds of the flax plant. This natural oil has been used in various ways for centuries. It is also an essential ingredient in oil-based paint, a popular type of paint used in art and interior decoration. During the late middle ages and the renaissance, the use of linseed oil in painting became more common in northern Europe. The oil had the advantage of being able to dry slowly, which allowed artists to blend and layer colors without worrying about the paint drying too quickly. The use of linseed oil also increased during the industrial revolution, as it was used in the production of oil paints for commercial use. Today, linseed oil is still a widely used ingredient in oil-based paint and is valued for its durability and versatility. In summary, the statement that the paint binder, linseed oil, is a by-product of the flax plant and first came into common use during the late middle ages and the renaissance in northern Europe is true.
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At Just Right Thermostats, managers and workers share responsibilities, managers stress employee participation in all aspects of company decision making, and employment is long term. What theory of management does Just Right Thermostats follow
Answers
A product is any good or service that satisfies a particular vision true or false
Answers
Questionnaire 9 Ecom help
Answers
Credit cards are protected from loss or theft is an advantage of using credit card.
What benefits come with using a credit card?Accounts for credit cards are always simple to grasp. Credit cards are safeguarded against theft or loss. Low interest rates apply to credit cards. You can utilise your credit card account as a savings account.
Credit cards can be useful tools for developing credit, travelling, handling crises or unforeseen bills, and earning rewards when used carefully. A rewards credit card gives the cardholder benefits for making purchases, as the name suggests.
Are credit cards secure against theft or loss?If your credit card purchase was unintentionally destroyed or stolen within a specific time frame, your issuer will cover the cost. Your claim won't be completed until your credit card company receives the necessary paperwork from you.
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If the approximate market value for of a $1,000 corporate bond is $1,200 and it pays 6 percent interest, then what are comparable bonds paying?
Answers
The comparable bonds pay a 5% interest rate when the approximate market value of a $1,000 corporate bond is $1,200 and it pays 6 percent interest.
What are bonds?A bond is a type of financial security in which the issuer owes the holder debt and is obligated depending on the terms to repay the principal of the bond as well as interest over a specified period of time.
Given that,
Approximate market value of $1,000 is $1,200
Interest rate is 6%
\(\rm\,Annual \; Interest = (face \; value)\times Interest \; rate\\ \rm\,Annual \;Interest = 1,000 \times 6\%\\ \rm\,Annual \;Interest = 60\\\\Calculation of comparable bond interest rate:\\\\Approximate \;bond \;value = \frac{Annual\; interest}{Comparable \;interest\; rate} \\\\1200 =\frac{60}{Comparable\; Interest \;Rate} \\\\Comparable\; Interest\; Rate = 5\%\)
Hence, the comparable bonds pay a 5% interest rate.
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An organization develops ________ to encourage members to adopt certain terminal and instrumental values and to behave in certain ways as they pursue their goals.A) specific normsB) regulatory frameworksC) generalized expectationsD) organizational guidelines
Answers
An organization develops specific norms to encourage members to adopt certain terminal and instrumental values and to behave in certain ways as they pursue their goals(A).
Specific norms are established by organizations to shape the behavior of their members. These norms are a set of shared expectations and guidelines that define what is considered acceptable and appropriate within the organization. They play a crucial role in influencing the values and behaviors of individuals within the organization.
By promoting and encouraging specific norms, organizations aim to align the actions and attitudes of their members with the desired values and goals. This helps create a cohesive organizational culture and fosters consistency in behavior. Overall, specific norms serve as a mechanism to guide and regulate the conduct of individuals within the organization.
Correct option is A) specific norms.
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HELPPPP!!!! WILLL GIVE BRAINLEST!!!
It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement
Answers
Answer:
I'm pretty sure the answer is d
Explanation:
Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.
Answer:
D
Explanation:
Explain the limitations of statistics
Answers
Round all answers to the nearest cent.
The revenue from the sale of a high-end cameras is given by:
R(x)= 1000 x 5x^2
a. What is the average change in revenue if production is changed from x = 14 to x = 17? b. What is the instantaneous rate of change in revenue at x = 14?
Answers
Solution: a) 155000
b) 140000
the revenue function R(x) = 1000 * 5x^2, we need to find:
a) The average change in revenue if production is changed from x = 14 to x = 17.
b) The instantaneous rate of change in revenue at x = 14.
a) To find the average change in revenue, first calculate the revenue at x = 14 and x = 17:
R(14) = 1000 * 5(14)^2 = 1000 * 5 * 196 = 980000
R(17) = 1000 * 5(17)^2 = 1000 * 5 * 289 = 1445000
Now, find the difference in revenue and divide it by the change in production units (17 - 14 = 3):
Average change in revenue = (R(17) - R(14)) / (17 - 14) = (1445000 - 980000) / 3 = 465000 / 3 = 155000
b) To find the instantaneous rate of change, we need to find the derivative of R(x) with respect to x:
dR(x)/dx = d(1000 * 5x^2)/dx = 1000 * 10x
Now, evaluate the derivative at x = 14:
dR(14)/dx = 1000 * 10 * 14 = 140000
So, the answers are:
a) The average change in revenue if production is changed from x = 14 to x = 17 is $155,000.
b) The instantaneous rate of change in revenue at x = 14 is $140,000.
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tech company recently signed a lease on their new office space. as part of the lease agreement, they only have to pay a fixed rent, without having to pay any of the building's expenses. what type of lease did tech company sign...?
Answers
A Triple Net Lease (NNN Lease) is the lease that the Tech company signed.
What is Triple Net Lease?Real estate taxes, upkeep, and insurance are often the landlord's responsibilities rather than the tenant's in commercial real estate in the United States.The cost of a triple net lease can be determined in a variety of ways. Landlords will occasionally gather up all building-related costs, such as upkeep, insurance, and property taxes, and split the sum by 12.The monthly expense equals this figure. When a facility is leased by just one tenant, the process is made simpler. Usually, a rate per square footage is used to establish the monthly base rental price.To learn more about Triple Net Lease refer:https://brainly.com/question/30266887
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During the forming stage of a team, who will push the team to set high standards?a. a collaboratorb. a communicatorc. a challengerd. a contributor
Answers
During the forming stage of a team, the person who is likely to push the team to set high standards is the "challenger." The correct option is C.
In the forming stage, the team members are still getting to know each other and figuring out their roles and responsibilities.
The challenger is the person who questions assumptions and he encourages the team to think critically about their goals and objectives. They push the team to set high standards by challenging them to aim for excellence and to think creatively about how to achieve their objectives.
Therefore, the correct option is C that is challenger.
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Has your idea of yourself five years from now changed in any way since beginning this course? If so, describe the reasons. If not, has this course expanded your idea of yourself in five years, or has it stayed the same? Why or why not.
I don't have time so please answer I need it asap
Answers
Answer:
This is a personal question man
Explanation:
Im sorry, but I can't answer personal questions
Sorry
Economics!!
Which development would most likely reduce the standard of living in the
United States?
A. Wages increase for most American workers.
B. The U.S. government returns to the gold standard.
C. It becomes easier for U.S. citizens to get health care.
D. U.S. factories begin to
produce far fewer goods.
Answers
It's D. U.S. factories begin to
produce far fewer goods.
how do i get an egg out of my fridge????? HELP NEED TO KNOW ASAP
Answers
Answer:
open fridge!!!
Explanation:
STEP 1: open fridge
STEP 2: find the egg then grab with hand!!!!!!!!
(Its really hard!!)
the interest accrued on $7,800 at 8% for 75 days is: (use 360 days a year.) multiple choice $130. $73. $312. $728. $62.
Answers
To the nearest dollar, the interest accrued on $7,800 at 8% for 75 days is $129. The closest option to this answer is $130 which is provided in the multiple-choice options.
We can use the formula for simple interest to solve this problem:
I = Prt
where:
I = interest accrued
P = principal amount
r = annual interest rate (as a decimal)
t = time period (in years)
We can convert the time period of 75 days to a fraction of a year by dividing it by the number of days in a year (360):
t = 75/360 = 0.2083 years (rounded to four decimal places)
Substituting the values into the formula we get:
I = $7,800 * 0.08 * 0.2083
I = $129.02
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What is entrepreneur?
Answers
Answer:
someone who is willing to take the necessary risk and uncertainties associated with setting up and managing a business or enterprise
Answer:
Someone who has they're own business. For example, my dad, he made a small company after he left the military called Triple L and he does different things like land work
Explanation: