MGT 401 Wk 2 Discussion – Time, Cost, and Quality

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MGT 401 Wk 2 Discussion – Time, Cost, and Quality

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to classmates or your faculty member. 

Due Day 3

Last week each member of the class selected a concept for a business and completed an outline of a business plan. In this discussion, we investigate how to differentiate your potential business from your competitors to be successful. By now you may understand that time, cost, and quality will greatly impact your ability to deliver your product and/or service.

Respond to the following in a minimum of 175 words:  

• How do you think time, cost, and quality will affect your product or service?
• How will you determine which one of these factors is the most important for your business?
• How will your focus on time, cost, or quality differentiate you from your competitors? Explain your rationale.

Due Monday 

Post 2 replies to classmates or your faculty member. Be constructive and professional.