A friend of yours has come to you for advice. She is in the middle of preparing a competitive analysis grid for her online clothing business. She understands that in order for her to prepare the analysis grid, she needs to first understand the strategies and behaviors of her competitors. However, she does not know how to ethically obtain sensitive information on her competitors. Advise her.

Q: Define customer analytics and state the primary purpose of this business approach

A: Customer analytics is the process of collecting, collating, and analysing customer data from a…

Q: As a new product developer, you recently launched a new Consumer product into the market. Identify 3…

A: The metrics provided will give the company insights on how the product is launched, how much the…

Q: Which of the following elements of the balanced scorecard shows the expected cause-and-effect…

A: A cause-and-effect relationship is generally can be observed where the following conditions are…

Q: Explain the customer analysis for Air Asia company as a part of the situation analysis

A: ANSWER: The  five factors in studying the customer satisfaction are: online purchasing flight…

Q: If a pilot study was conducted, are its execution and results described as well as its impact on the…

A: A pilot study is a very important tool to study the feasibility and effectiveness of the main study.…

Q: Define who the competitors are and your understanding of the competition briefly.

A: Competition is a part of every business. Strong competition can provide long-term stability for the…

Q: From the Research Topic and Research Questions below kindly provide a "Methodology" for the Research…

A: Research refers to a systematic process of investigation and inquiry undertaken to discover,…

Q: Case Analysis          International Cow Packers (ICP) is a $12 billion meat processor (slaughter,…

A: International Cow Packers (ICP) is a prominent player in the meat processing industry and is the…

Q: Assume you are responsible for developing a benchmarking program. Describe how you would go about…

A: The benchmarking process is divided into five stages  Preparation  Examine  Consolidation Take…

Q: Methodology Start the development of the introduction to the study methodology for competitive…

A: Developing effective competitive management strategies is crucial for organizations striving to…

Q: Discuss, with reasons, whether they fall into the category of applied or basic research.…

A:

Q: When doing CRM Analysts you are required to Formulate and revise strategies and tactics that better…

A: CRM - Customer Relationship Management. It means the strategies, tools and techniques used to…

Q: You have been appointed as the new general manager of protea Hotel by Marriott Lusaka. The hotel is…

A: The role of a General Manager in a hotel industry is to oversee and manage all aspects of the…

Q: Consider the following additional information – R&D and selling expenses are substantially higher…

A: Mr.J has a good approach towards the New Product Development of Z Ltd. Its income statement shows…

Q: Your school and three others in your area have underperformed in the national science examinations,…

A: Research includes the collection, organization, and analysis of data to increase understanding of a…

Q: How can I Outline a recommended procedure for efficiently gathering data on the variables identified…

A: The SIPOC analysis, an acronym standing for Suppliers, Inputs, Process, Outputs, and Customers, is a…

Q: What is the role of distributed data warehousing in business intelligence and analytics? Provide…

A: In the modern business landscape, data has become a critical asset, and harnessing its power is…

Q: What is the reason that Key performance indicators (KPIs) are quantitative?

A: A key performance indicator (KPI) is an important metric that tells you how you’re doing in your…

Q: management tool which incorporates financial and non-financial objectives. Discuss both the benefits…

A: Balanced scorecard:- A balanced scorecard is a strategic planning and management system that…

Q: Based upon the concepts, identify two strategies for reducing the problem.

A: Since American Airlines first offered frequent flyer miles as a reward program in 1981, the concept…

Q: The balanced scorecard (BSC), originated by Kaplan and Norton, represents a technique used in the…

A: The term balanced scorecard (BSC) alludes to a strategic management performance metric used to…

Q: Assume you are responsible for developing a benchmarking program. Describe how you would go about…

A: Benchmarking is the process where the existing company tries to compare and measure the performance…

Q: its successes and its challenges

A: 1) POTENTIAL SUCCESSES:- Strength is a quality that enhances the worth of anything by making it more…

Q: What is the acronym for the combined internal and external analyses and what are the components of…

A: Strategic management is type of process which includes management of all resources through an…

Q: Conduct the SWOT analysis on the Department of Management Studies, and give suggestions for new…

A: Management is the process of planning, organizing, leading, and controlling an organization's…

Q: Discuss the manner in which the balanced scorecard framework enhances return on investment (ROI)?

A: The balanced scorecard is a framework for strategic management that assists organisations in…

Q: Describe how a Balanced Scorecard can represent cause-and- effect hypotheses of a company’s strategy…

A: The balanced scorecard changes an association's essential arrangement from an appealing however…

Q: PESTLE is a mnemonic which in its expanded form denotes  P for Political,  E for Economic,  S for…

A: We need to evaluate a business opportunity for investment in the higher education industry during…

Q: Effects of Customer Relationship Management (CRM) on customer retention policies and business…

A: The main purpose of CRM is customer retention and drive sales force. CRM helps in building customer…

Q: A microbiologist is presenting a research project to a hospital staff regarding the major concern of…

A: While giving a presentation to the audience, the presenter might take note of the following- Be…

Q: Should the analytical process be avoided entirely or minimized when making a choice between…

A: Pre-made software, also known as off-the-shelf software or commercial off-the-shelf (COTS) software,…

Q: Describe the importance of the balanced scorecard in achieving the best ROI.

A: The balanced scorecard is a strategic management tool that is used by organizations to measure and…

Q: Explain how business use quantitative analysis.

A: An approach to understanding behavior that involves mathematical and statistical modeling,…

Q: Explain why it is important to evaluate the effectiveness of proposed solutions using both…

A: Qualitative research studies can provide the details about the non numerical values such as human…

Q: Can you please answer the following questions regarding “techniques for identifying and evaluating…

A: In the dynamic landscape of project management and business operations, the identification and…

Q: 1. Analyse and explain the data. 2. Is appropriate forecasting model being applied? Explain. 3. What…

A: Given Background:-  Line manager, Ms Lionheart, has collected and scrutinized performance data for…

Q: What is the most appropriate research hypothesis for the following scenario?  “Historically, the…

A: Answer- 3. Ho:    µ ≤ 10%

Q: Describe the importance of the balanced scorecard in achieving the highest ROI.

A: A performance management tool called the balanced scorecard is used to monitor and track how well an…

Q: How can businesses align their KPIs with their strategic goals to ensure effective performance…

A: Any organization's ability to succeed depends on the detailed plans it develops to accomplish both…

Organizational Development

A systematic and consistent change in the values or business operations to create overall growth in an organization is referred to as organizational development. It distinguishes itself from routine operations and workflow enhancements. It follows a methodology that management should openly explain business objectives to all workers.