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8 questions
It is a set of policies, procedures and approaches to business that produce long-term success.
Regulation
Strategy
Plan
Objectives
These involves setting of goals for the firm, evaluating the various ways to meet the goals and picking out what appears to be the best way to meet the goals
Tactics
Directing
Communicating
Planning
It is a technique in which management develops policies and practices to ensure that the firm's products and services exceed customer's expectations.
Customer Service
Total Quality Management
Just-In-Time
Benchmarking
It is a process by which a firm studies the best practices of other firms
Benchmarking
Reengineering
Lean Management
Cost Leadership
This is a business model that attracts many investors to pursue the use of Internet in conducting business.
eBay
Lazada
E-Commerce
Shopee
This involves and requires a relatively large investment in computers, computer programming, machines, and equipment
Flexible manufacturing system
Computer-aided manufacturing
Computer-aided design
Automation
It is a financial plan of the resources needed to carry out tasks and meet financial goals.
Budget
Financial management
Auditing
Forecasting
It is also known as the "Lean Production"
Total Quality Management
Just-in-Time
Balanced Scorecard
Value Chain
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