Product design is cross-functional, knowledge-intensive work that has become increasingly important in today's fast-paced, globally competitive environment. It is a key strategic activity in many firms because new products contribute significantly to sales revenue. When firms are able to develop distinctive products, they have opportunities to command premium pricing. Product design is a critical factor in organizational success because it sets the characteristics, features, and performance of the service or good that consumers demand. The objective of product design is to create a good or service with excellent functional utility and sales appeal at an acceptable cost and within a reasonable time. The product should be produced using high-quality, low-cost materials and methods. It should be produced on equipment that is or will be available when production begins. The resulting product should be competitive with or better than similar products on the market in terms of quality, appearance, performance, service life, and price.
Answer:
The correct answer is c) reach a settlement that benefits all parties.
Explanation:
Taking into account the nature of the relationship (long-term), an adequate treatment is exclusively required to achieve broad levels of negotiation. When this process is carried out under a harmonious environment, it is more feasible that part and part objectives can be achieved, which allows negotiations to be carried out in the future for the benefit of both people. A negotiation requires time and studies, for which some claims that harm the establishment of a common good must be lowered.
Answer:
401k
Explanation:
investment plan allow you to invest the most amount of money? ... A Roth 401(k) plan takes money after tax has been removed from gross income, and has a contribution limit, but withdrawal is tax free. A Roth Individual Retirement Account allows you to draw a fixed amount that is not taxed.
Answer:
Production= 26,000
Explanation:
Giving the following information:
budgeted sales of 23,000 units, targeted ending finished goods inventory of 9,000 units, and beginning finished goods inventory of 6,000 units.
<u>To calculate the production required, we need to use the following formula:</u>
Production= sales + desired ending inventory - beginning inventory
Production= 23,000 + 9,000 - 6,000
Production= 26,000
