REVIEW

5. is it being used to its maximum capacity
6. Laws: labor laws, health and safety regulations, rules on advertising, restrictions on sales . Laws do change.
8. all these needed by a business to produce goods or services for the consumer
9. managers will need to act promptly
11. initial order, usage pattern, recorder level, lead time
12. this has become a major source of concern for major record companies and film producers
14. product onnovation, process innovation, positioning innovation and paradign innovation
15. the 4 factors for contingency planning
17. is important to all businesses
18. there are split into two general forms
19. Measure of the efficiency of production
20. senior managers will need to communicate in an objective way

1. enables the organization to focus on its core activity.Could help cut costs
2. It is about being prepared
3. two forms of creativity
4. systematic steps and efforts by the organization to limit the damage from sudden crisis
7. market, final product, stock, infrastructure, finance, human resources
10. Existing transport networks for people and products
13. reduce costs,Increase market share, Extension strategies and use defensive strategies
16. Consider the type of workers available and balance this with the skills and qualifications needed for all the business operations