please help me to translate these four concepts into your own words. thanks Order-to-cash: the process of selling goods
Posted: Wed Apr 27, 2022 2:07 pm
please help me to translate these four concepts into your own
words. thanks
Order-to-cash: the process of selling
goods or services and collecting revenue for them them
Make-to-Stock: the process of
manufacturing goods, either based on forecasts or based on orders.
Involves the production of goods including design or engineering.
Based on budgeted sales figures
Core Activities: focused on the actual
value-creation processes within the organization. Form the "value
chain"
Support Activities: are those activities
that enable the core activities to function efficiently and
effectively, but don't create direct value for customers.
words. thanks
Order-to-cash: the process of selling
goods or services and collecting revenue for them them
Make-to-Stock: the process of
manufacturing goods, either based on forecasts or based on orders.
Involves the production of goods including design or engineering.
Based on budgeted sales figures
Core Activities: focused on the actual
value-creation processes within the organization. Form the "value
chain"
Support Activities: are those activities
that enable the core activities to function efficiently and
effectively, but don't create direct value for customers.