Question 1 Chase strategy refers to the concept that you are chasing the demand set by the market. Production is set to match demand and does not carry any leftover products. This is a lean production strategy, saving on costs until the demand (the order) is placed. Inventory costs are low, and the cost … Read more
This module week starts the planning of your Strategic Audit Report. The Strategic Audit Report will enable you to gain an understanding of a business’s strategic position, financial posture, leadership team, internal and external environment that impacts them, and corporate resources (which include marketing, finance, human resources, information technology, and other elements). In Module … Read more