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LB Brands,a Western Canada marketing company,had grown to 100 employees.Joan Farris the Vice President of Marketing spends much of her day developing and coaching people and helping to solve problems.She has a prescribed employee performance management process.She feels that decisions concerning her employee staffing,training and performance appraisals are her responsibility.Jay Carter,the Vice President of HR,feels that LB Brands must have consistent HR practices and that staffing,training and performance management decisions must be centralized in the HR department.
-Please refer to Scenario 1.1.What is the problem at LB Brands?
Product Availability
the extent to which a product is obtainable in the desired quantities at the right time and place for customers.
Revenue
The total amount of income generated by the sale of goods or services related to a company's primary operations.
Cost of Overselling
The expense or loss a company faces when more products are sold than can be supplied, leading to stockouts, potential customer dissatisfaction, and extra costs to fulfill orders.
Unsold Unit
An item that remains in inventory without being purchased by customers.
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