It is the technology originator.

It harnesses the potentials of new products by creating the market space for them.

The two processes allowed the entrepreneurs to conclude that except:

From the taste test and interviews of FGO buyers, the entrepreneurs plunged into the product development stage. This consisted of three parts except:

The third phase of product development involved the standardization of the entire food preparation and cooking process.

the entrepreneurs consulted food experts and read the literature on food processes.

This refers to the personality required to a worker's traits, manners, values, the way he talks, appearance and his overall physical attributes.

This refers to the length of working experience in relation to the job criteria required as a worker, and also that a worker applied for.

This refers to the workers' academic qualifications or the educational attainment required to perform the job better.

Functional areas of management that focus on Sale and delivery of products to buyers

Functional areas of management that focus on Ordering of supplies

It is the conversion of raw materials into finished product.

Functional areas of management that focus on Bookkeeping.

Functional areas of management that focus on Product manufacture or service delivery

Functional areas of management that focus on Promotion and advertising

What are the 3 kinds of qualification standard?

In project management is a structured format of presenting information about a project product.

This is the first step to patenting the idea and keeping it from being stolen.

This will demonstrate the design of the invention that will be presented to the potential lenders and licensees.

A __________ is a model of the invention that puts into practice all the things that were written in the inventor's journal.

The company will need to research the idea from a legal and business standpoint.

It allows the client and customer to determine the prototype and to give its views.

It should be done separately to ensure a full and relevant evaluation of a prototype which is carried out in the entire development process

It is given the task, and evaluator just watches the user problem.

The normal conversation between the two users is monitored

It refers to (Structured and Retrospective) – surveys and questionnaires

The consumer rented the facility or products of the sellers in a certain period of time.

Personal service on the part of the seller; most common are the expertise and the profession of the seller.

Repair and maintenance services rendered by the sellers to the products of the customer.

Services cannot be displayed, transported, stored, packaged or inspected before buying.

Service is difficult to standardize because it varies upon the performance of the provider.

Services cannot be stored for future sale.

Service provider and services cannot be separated

Service is difficult to standardize because it varies upon the performance of the provider.

It is simply the brand alone that is applied to the product or package.

It gives objective information about the product's use/s construction, care, performance and other pertinent features.

It identifies the product judge quality with letters, number or words. It contains product expiry dates, the content values and other features.

it refers to the unprocessed and basic material that is used to produce goods, finished products, energy, or intermediate materials which are feedstock for future finished products.

State of being reliable, worthy of confidence and dependable.

A degree of excellence, superior in kind and high distinguishing attribute.

The lowest price does not guarantee the best value for money.

A strong relationship will benefit both producer and supplier.

The supplier must be assured that the company has sufficiently strong cash flow to deliver what the company wants and it needs

Understand the strategic supplier who provides goods or service that are essential to the business such as high-value raw materials and non-strategic suppliers who provide low-value supplies like office stationery.

Choosing the right suppliers is essential to the business.

People or other businesses with experience of suppliers can give the useful advice.

It should be reasonable and affordable so that customer will not look for your replacement.

When managing inventory, transportation and logistics are difficult and expensive for organizations that do not have an effective system.

Each company is in charge in ordering, shipping and transporting goods. In this structure, costs are high and timing is poor.

Getting consumers the best value is a shared goal of supply chain partners.

Through structuring strong trusting supply chain relationships and working toward best practices in distribution, companies aim for long-term stability and relationship.

This will allow companies to prioritize their marketing focus on different customer groups based on each group's long term value to the company or supply chain.

This is a multi-company, unified system of responding to customers' complaints, concerns, questions or comments.

This process tries to align supply and demand throughout the supply chain by foreseeing customer requirements and creating an action plan before actual purchasing of customer.

This engages in generating, filling, delivering and providing on-the spot service for customer's orders.

This ensures that firms in the supply chain have the necessary resources to produce with flexibility and to move products in a multi stage production process.

This provides structural support for developing and maintaining good relationships especially with highly valued suppliers in order to gain performance advantages.

This facilitates the joint development and marketing of new products and services among a group of supply chain partner firms.

This enables firms to manage volumes of returned product efficiently while minimizing related costs.

Refers to the strategic managing of the efficient flow and storage of raw materials, in-process inventory and finished goods from the point of origin to point of consumption.

The process of convincing or encouraging a prospective applicant to fill in a vacant position.

It defines the duties and responsibilities of a particular position.

It gives the specific qualifications required for the position such as type of experience needed for the job, special training, skills and physical demands, special abilities, aptitude, age, physical qualifications and other requirement.

It involves screening of applicants by which applicants are interviewed.

This serves as a guide in interviewing the applicant to determine if the applicant matches the job requirements as indicated in the job description and job specification.

It is given to measure applicant's abilities needed for the job.

The total income produced by a given source, a property expected to yield large annual revenue, the gross income returned by an investment.

Refers to the calculating or predicting (some future event or condition) usually as a result of study and analysis of available pertinent data. It is a foresight of consequences and provision against them

A stage in the process of growing; it is a result of growth, a producing especially by growing. It is anticipated progressive growth especially in capital value and income.

Decide on how far you want to look into the future. This will be determined by creating the report.

Predicting expenses is perhaps the easiest part of revenue forecast with past expense records of an existing business and researched forecast.

These are the expenses that remain the same every month.

Those are the expenses that change every month, depending on your sales volume.

Strategy can either be forward or backward.

Also known as Moving Up the Ladder strategy, has many names.

Involves changing some of the firm's product and market mixes.

Similar to a repositioning strategy, firms must have the financial resources so supply the increase in demand, either from additional capital or thru borrowings.