This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.
ScanSolve AI Answer
here are the answers for Section A: 1. Policy will form the framework and guidelines for all on organizations processes and departments. 2. The process of setting organizational culture must create an emotional bond between an organization and its employees. 3. A threat is a situation in the external environment that will harm the organisations chances of achieving their goal. 4. The best environment analysis technique that can be used for summarizing both the internal and external environments is called SWOT analysis. 5. Strategic decisions will depend on the constraints decided on within the strategic planning phase. 6. Lead time is the time from when the customer places the order until the customer receives the order. 7. A demand forecast involves taking historical data and planned marketing activities, like promotions, using it to predict the future demand for a product. 8. Capacity is the maximum amount a company can produce over a given period of time and will include machines and manpower. 9. A constraint is anything that prevents a system from achieving more of its goal. 10. A bottleneck occurs when items in the manufacturing process pile up at one particular workcentre. 11. Suppliers supply a company with its raw materials and component parts. 12. Action planning is the method of taking the goal that you wish to achieve and then writing down each task that you will need to carry out in order to achieve this goal. What's next?