BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Critical Success Factors of Shoe Manufacturing Company ____
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Timely Delivery
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Safety
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Confidentiality
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Quality of the Product
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Explanation:
Detailed explanation-1: -The 8 key factors involved in new product development are Knowledge Management, Market Orientation, New Product Development Process, New Product Development Speed, New Product Development Strategies, New Product Development Teams, Technology and Top Management Support.
Detailed explanation-2: -The five critical success factors are strategic focus, people, operations, marketing, and finances.
Detailed explanation-3: -An organization’s key success factors comprise its essential business processes, including leadership, labour, operations, marketing, and finances. By understanding key success factors, you can easily determine the success of an organization in an industry.
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