What are four core processes in a firm and how are they related?

What will be an ideal response?

The customer relationship process identifies, attracts, and builds relationships with external customers and facilitates the placement of orders. The order fulfillment process includes activities required to produce and deliver the service or product to the external customer. The new service/product development process designs and develops new services or products, which may be to customer specifications. The supplier relationship process selects the suppliers of services, materials, and information and facilitates the flow of these items into the firm. All of these processes exist to provide a service or product to the customer.

Business

You might also like to view...

______ is labor legislation passed in the 1920s involving the National Mediation Board.

Fill in the blank(s) with the appropriate word(s).

Business

The Amend/Extend Contract can be used to extend the terms of a listing agreement.

a. true b. false

Business