Tee time golf resort found that jordan spieth wants to put his name on golf course designs. however, for any course to be acceptable, it will cost at least $20 million to build. the plan is to purchase real estate for four new golf resorts. proceeding with their venture, the owners have calculated that they will need approximately $100 million. but putting together an ipo is another matter. after meeting with their investment banker, they believe that investors will be willing to pay $22/share for the ipo. as the for this issue, the investment bank requires 3% of the revenues generated by the sale. tee time will need to issue shares in order to have the $100 million they need to proceed with their plan.

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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