Question: Explain the term value added
Explain the term value-added.
Answer to relevant QuestionsIdentify the three major functional areas of business organizations and briefly describe how they interrelate. Discuss the various impacts of outsourcing.1. Hazel is the operations manager of her business. Among her responsibilities are forecasting, inventory management, scheduling, quality assurance, and maintenance. a. What kinds of things would likely require forecasts? b. ...Boeing’s strategy appears to focus on its 777 midsize plane’s ability to fly into smaller, nonhub airports. Rival European Airbus’s strategy appears to focus on large planes. Compare the advantages and disadvantages of ...The manager of a crew that installs carpeting has tracked the crew’s output over the past several weeks, obtaining thesefigures:
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