Product / Service Developer's Value Chain:Question 7Select one:a.Identify Innovation - Design - Build prototype - Test - Test Market - Build a Bill of Material - Source Suppliers - Source contract manufacturers - Negotiate Terms - Acquire material - Man-age Inventory - Assure Quality - Deliver to distributors and dealers - register customers - provide after sales serviceb.Identify Innovation - Develop - Build prototype - Test - Test Market - Build a Bill of Material - Source Suppliers - Source contract manufacturers - Negotiate Terms - Acquire material - Man-age Inventory - Assure Quality - Deliver to distributors and dealers - register customers - provide after sales servicec.Identify Innovation - Design - Build prototype -Test Market - Build a Bill of Material - Supply - Source contract manufacturers - Negotiate Terms - Acquire material - Man-age Inventory - Assure Quality - Deliver to distributors and dealers - register customers - provide after sales serviced.Identify Innovation - Design - Build prototype - Test - Test Market - Build a Bill of Material - Source Suppliers - Source contract manufacturers - Negotiate Terms - Acquire material - Man-age Inventory - Assure Quality - Deliver to distributors and dealers - register customers - ensure continuous sales-develop international markets
Question
Product / Service Developer's Value Chain:Question 7Select one:a.Identify Innovation - Design - Build prototype - Test - Test Market - Build a Bill of Material - Source Suppliers - Source contract manufacturers - Negotiate Terms - Acquire material - Man-age Inventory - Assure Quality - Deliver to distributors and dealers - register customers - provide after sales serviceb.Identify Innovation - Develop - Build prototype - Test - Test Market - Build a Bill of Material - Source Suppliers - Source contract manufacturers - Negotiate Terms - Acquire material - Man-age Inventory - Assure Quality - Deliver to distributors and dealers - register customers - provide after sales servicec.Identify Innovation - Design - Build prototype -Test Market - Build a Bill of Material - Supply - Source contract manufacturers - Negotiate Terms - Acquire material - Man-age Inventory - Assure Quality - Deliver to distributors and dealers - register customers - provide after sales serviced.Identify Innovation - Design - Build prototype - Test - Test Market - Build a Bill of Material - Source Suppliers - Source contract manufacturers - Negotiate Terms - Acquire material - Man-age Inventory - Assure Quality - Deliver to distributors and dealers - register customers - ensure continuous sales-develop international markets
Solution
The question seems to be asking to select the correct sequence of steps in a product/service developer's value chain. However, without context or a specific question, it's difficult to provide a correct answer. All options (a, b, c, d) seem to be describing a similar process with slight variations.
The general sequence of a product/service developer's value chain could be:
- Identify Innovation: This is where the idea for the product or service is conceived.
- Design/Develop: The idea is then developed into a tangible design.
- Build Prototype: A prototype or model of the product is created.
- Test: The prototype is tested for functionality and efficiency.
- Test Market: The product is introduced to a small segment of the market to gauge its reception.
- Build a Bill of Material: A list of raw materials, sub-assemblies, intermediate assemblies, sub-components, parts, and the quantities of each needed to manufacture the product is created.
- Source Suppliers/Supply: Suppliers for the necessary materials are sourced.
- Source Contract Manufacturers: Manufacturers to produce the product are sourced.
- Negotiate Terms: Terms of production and supply are negotiated with suppliers and manufacturers.
- Acquire Material: The necessary materials for production are acquired.
- Manage Inventory: The inventory of materials and finished products is managed.
- Assure Quality: Quality checks are conducted to ensure the product meets standards.
- Deliver to Distributors and Dealers: The product is delivered to distributors and dealers for sale.
- Register Customers: Customers are registered for after-sales services and future reference.
- Provide After Sales Service/Ensure Continuous Sales/Develop International Markets: After-sales services are provided to customers, continuous sales are ensured, and international markets are developed.
Without more context or a specific question, it's difficult to provide a more accurate answer.
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