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Author Question: Which of the following statements describes the product differentiation strategy? A) adding ... (Read 82 times)

j.rubin

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on: Jul 7, 2018
Which of the following statements describes the product differentiation strategy?
 
  A) adding special features to a product for which customers are willing to pay more
  B) selling the same product in more than one market at different price levels
  C) pricing of product or services at moderate levels
  D) selling a range of products across different geographical locations

Question 2

What are the strengths of ERP systems?
 
  What will be an ideal response?


Leostella20

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Reply #1 on: Jul 7, 2018
Answer to Question 1

A

Answer to Question 2

Despite implementation hurdles, the ERP, at least to integrate finance and human resources, is becoming a near necessity for most organizations. Once in place, it can dramatically enhance operational efficiencies and reduce costs. A key ingredient, of course, is that the organization's employees actually change the way they work to take best advantage of the integrated back-end and paperless workflows.
If used properly, ERP systems can standardize and streamline business processes across the whole enterprise, eliminating the waste and redundancy that creep in when everyone's work is so focused on a single department. An ERP helps people appreciate the full process, spanning departments, not just the part that touches their unit.


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j.rubin

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Reply #2 on: Jul 7, 2018
Thank you


Leostella20

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Reply #3 on: Jul 7, 2018
No problemo


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