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18 Cards in this Set
- Front
- Back
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4Ms4 Critical Domains
-Attributed to manufacturing, those are: man, machine, material and method work together. -Applicable to business opportunities since business is in essence tied to manufacturing as well. -When putting up a business, manpower is critical as well as the other elements. |
Important |
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4Ms? |
Method Manpower Materials Machines |
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System and step by step process |
Method |
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Without a scalable process, it would be difficult to expand the business |
Method |
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used in the main branch must be documented and must be replicated as well in other branches |
Method |
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If having difficulty, find what needs to be improved |
Method |
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Worker |
Manpower |
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Honest and capable people |
Manpower |
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Treasure your employees who are both capable and honest |
Manpower |
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Integral to the growth of the business |
Manpower |
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Sources of raw materials |
Materials |
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Cheapest possible at the highest quality. |
Materials |
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Proper equipment |
Machines |
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Machines to automate the work |
Machines |
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by definition, a pithy descriptor used in marketing campaigns to communicate the unique value proposition of a brand or its products. |
tagline |
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is to leave consumers with a lasting positive impression of the brand |
tagline |
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is a short, memorable phrase used in marketing campaigns to convey the value of a brand or its products. |
Tagline |
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Product Description |
1. Who is this product for? The target audience. 2. What are the product's basic details? This includes attributes such as dimensions, materials, product features and functions. 3. Where would someone use this product? Is it meant for indoor or outdoor use, for your car or your home? 4. When should someone use the product? Is it meant to be used during a certain time of day, seasonally or for a specific type of occasion? 5. Why is this product useful or better than its competitors? This can be anything from quality to value to features. 6. How does the product work? This may not be necessary for every product, but if you are selling anything with moving parts or electronics, it's a must-have. |
