Due to increasing demand, a local restaurant is requesting its fish vendor to supply larger quantity.

The restaurant manager also asks the vendor whether it is possible to reduce the total price by 5%.

This is known as…?

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Which of the following are the fair and reasonable comparators in price analysis? Select TWO that apply:

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Facing fiercer competition at home and abroad, IKEA, the leading furniture retailer, needs to im-prove its competitiveness. In order to do this, IKEA must decrease operating costs and improve quality of current and new retail stores. The company establishes a project team. The job of the team is to collect data on performance from multiple stores in several countries, then select the best performing one. The team will work closely with best performing store and study its processes. After the research, the team will recommend best practices to other retail stores. IKEA management can also apply these practices to new stores in the future.

Which of the following correctly describe the process undertaken by IKEA project team?

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Which of the following activities are considered as primary activities of an organization according to Porter’s value chain? Select TWO that apply:

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Builder Inc is a rapidly expanding business in construction sector. Due to an increase in projects, it cannot manage the flow of materials by Excel spreadsheets but by more dedicated software.

Who would be a key internal stakeholder in defining software compatibility with company’s current system?

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Apple’s CPO is planning a budget for purchasing carbon-free aluminium next year. There are 27.4 tonnes of aluminum in stock, while Apple will need 200 tonnes for production next year and double inventory for production in the following year.

How much aluminum will Apple need to purchase in next year?

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Which of the following is the core of value analysis process?

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Which of the following is the core of value analysis process?

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Which of the following is the core of value analysis process?

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Which of the following is the core of value analysis process?

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