TUTORIAL FOR FINAL EXAM FSPS$0034-$ CHAPTER $5$

In production systems, operation managers plays a role in determining the combination of factors of production they will use to produce output. State and explain the TWO $(2)$ methods of production:

Supply$-$chain management $($SCM$)$ involves overseeing and controlling materials, information and finances as they move in a process from supplier to manufacturer, to wholesaler to retailer, and finally, to customers.

Explain FIVE $(5)$ benefits of having an effective supply$-$chain management.

Hakim is an entrepreneur and decided to change his business facility location. Briefly explain FIVE $(5)$ factors that he should consider when making facility location decisions.

Discuss the meaning of inventory. Explain THREE $(3)$ categories of inventory and give example for each.

TUTORIAL FOR FINAL EXAM FSPS$0034-$ CHAPTER $6$

Explain the FIVE $(5)$ stages in a buyer decision process with appropriate examples.

I$)$ Describe market segmentation.

II$)$ Elaborate FIVE $(5)$ types of market segmentation and include example for each.

Retailing is defined as the activities involved in selling goods or services directly to final consumers for their own personal use.

State FIVE $(5)$ types of retailers and give example accordingly.

Promotion tools play a crucial role in a company's marketing strategy by helping to communicate the value proposition of its products or services to the target audience.

a$)$ Explain FIVE $(5)$ types of promotion tools and provide example for each tool.

b$)$ Describe the PUSH and PULL strategy in a promotion mix and give example how promotion managers use each strategy in their business.