Q: understanding the significance of data management.
A: Data is the new age gold. The company with right data can monetize it and earn in billions. Every…
Q: Storming is a stage of team development. In terms of the FLOW Company that operates in the Caribbean…
A: Stages of Team Development When teams mature, they go through a number of stages, starting with…
Q: To produce a Strategic Direction to facilitating growth (figure 1b). Please indicate the strategic…
A: Strategic IT planning is an important aspect of your company's overall strategy and governance. It…
Q: Identify the impact of technology on a firm
A: When technology, skills, methods, and procedures are used in the creation of goods and services to…
Q: Bringing IT and the business strategy into alignment.
A: Business-IT alignment is a business strategy that prioritises the integration of IT operations with…
Q: How the firm’s financial health can be obtained?
A: Investors always look for that one golden essential measurement obtained by looking at a company's…
Q: Part 4 : Identify and match each good below depending on the type of good (private, public, common…
A: We need to classify the product based on whether it is rivalrous, non-rivalrous, excludable or…
Q: Discover how the Internet is affecting global marketing
A: Internet is one of the digital media tool used by many firms of the world. There are various social…
Q: Explain the concept of product life cycles
A: A product life cycle is when a product is introduced to the market and when it is removed from the…
Q: Give an example of the best use for synthetic fibres.
A: In the physical environment there are multiple of resources present to be utilised by various…
Q: 1.Evaluate Ferrero Australia Marketing Strategy. 2. How can Ferrero use new technology to make its…
A: Ferrero is a premium confectionery brand which has presence across the globe. The taste and the…
Q: Analyze the components of the consumerdecision-making process
A: Consumer decision-making process refers to the systematic evaluation method carried out by…
Q: This question requires a detailed discussion of a specific marketing strategy going forward.
A: Marketing aims at connecting with the target customers by the way of enticing audio and visual…
Q: Discuss the role of promotion in the marketing mix
A: Marketing mix states about the elements which are combined together for ensuring customers'…
Q: Relationship Marketing aims at building long lasting relations with target customer,. Keeping in…
A: Introduction Relationship Marketing is a type of marketing strategy which is employed by the…
Q: Discuss the importance of services to the economy
A: Products and services are two major items which are sold by businesses to earn their income revenue.…
Q: Advertisers should ensure the image or video acts as a teaser with actionable messaging to…
A: The social communication platform may have become a marketing tactic that also aims to reach the…
Q: Is multi-branding a good strategy or not for business?
A: What is Multi-branding Strategy? Multi-branding is a strategy where a business with a established…
Q: Which customer relationship management (CRM) tools do restaurant professionals recommend most highly…
A: Controlling ideal relationships with customers is the most important aspect of businesses, but how…
Q: Showcase B2C and B2B marketing strategies and collaborations on the internet.
A: A business in it's course of operations requires certain auxiliary services which is provided by…
Q: xplain cause-related marketing
A: Marketing states the activities involved in promotion of the product of different brands or…
Q: Explain the concept of ethical behavior
A: Moral conduct alludes to the demeanor, discernment, conviction, and so on of a person that cause…
Q: Why would Commodore’s auditor insist that Rob document any sales booked under the book-and-hold…
A: The sales organization is the department of the business that deals with the sales function. The…
Q: Market .................... is the process of evaluating each market segment's attractiveness and…
A: Market targeting is the process of evaluating each market segment's attractiveness and selecting one…
Q: Explain how CRM can be used as a targeting tool
A: Customer Relationship Management is essentially the relationship between the supplier and the…
Q: Explain why marketing is important to our global economy
A: Marketing is the process in which, marketers perform different set of actions which would promote…
Q: What is Decision? What is decision making process? Explain with suitable example
A: The decision in sales and marketing refers to the consumer's final decision regarding any process of…
Q: Focusing on Caribbean company/organization of your choice within your country, Use the PESTEL…
A: PESTEL - In a dynamic market environment, a unidimensional business strategy is not sufficient to…
Q: Explain the different variables of the marketing mix.
A: Marketing helps the company to create Customers and brand value. It is the primary activity for any…
Q: Descnbe the seven types of business goods and services
A: Business products are goods and services that businesses purchase to complete the production of…
Q: What does it mean precisely when people talk about "device lifecycle management"? What does each…
A: Lifecycle Management can apply to any product or technology that needs to be tracked over time to…
Q: Discuss the AIDA concept and its relationship to thepromotional mix
A: The promotion mix is the blend of two or more techniques of doing product promotion among the…
Q: ‘Competencies do not equal performance’. Discuss.
A: There are various jobs in the world. and various individuals perform various jobs. There are various…
Q: Define an appropriate marketing research problem corresponding to the management- decision problem…
A: Nike is facing a decision-problem where it wants to expand is market share in the athletic shoe…
Q: is target several market segments and designs separate offers for ******************** .each
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…
Q: Discuss the external environment of marketing and explainhow it affects a firm
A: To remain profitable and ahead of the competition, a company must adapt to these marketing…
Q: 4. An important and helpful difference between informing and persuading in a speech concerns: use of…
A: 4. speaker evaluation Use of visual aids: A visual aid is typically used to help an audience…
Q: The "store-and-forward network" strategy is not used in today's everyday communications since it is…
A: Store-and-forward packet switching is a protocol that stores data packets in each intermediate node…
Q: ways can customer relationship management benefit a firm and its customers? Using examples, explain
A: Company will create value for customers in terms of products and services. These products and…
Q: A perfectly cometitive firm is likely to have its elasticity value a). be in the inelastic range b).…
A: The theory of general equity, the perfect market, also known as the atomic market, is defined by a…
Q: How does a Facility manager's (FM) templates (janitorial or cleaners checklists) help the FM in…
A: The responsibilities of a center's supervisor can vary from one corporation to the next. The…
Q: Discuss the approach to the procurement of software that you believe would be most beneficial for a…
A: For the given situation where high reliability is desired, the best approach that should be used to…
Q: Identify and explain the major managerial actions that are a part of managing the implementation of…
A: Management in a company is very important for it's functioning. There are various management system…
Q: Understand the importance of sustainable supply chainmanagement to modern business operations
A: A sustainable supply chain is crucial for each business and also the surroundings. Nowadays,…
Q: What does the term marketing mean to you?
A: The activities of a business related to the purchase and sale of a product or service are referred…
Q: A department store enlists you to increase its ad rate conversions. You examine its audience…
A: Ad campaigns refer to the method of communicating with the target customers and create awareness…
Q: Define the term marketing
A: A marketing plan is a step-by-step guide to introducing and delivering your product or service to…
Q: build a risk model
A: Risk modeling is employed for generations in businesses wherever a strategic move is crucial to the…
Q: What is value? How can marketers use the marketing mix to enhance the perception of value?
A: Marketing mix's aim is to stimulate the marketing campaign by using its elements like product,…
Q: The "store-and-forward network" strategy is not used in today's everyday communications since it is…
A: Store-and-forward packet switching is a protocol that stores data packets in each intermediate node…
Step by step
Solved in 2 steps
- What is a startup? Why engage in a startup? What is the difference between a startup and simply starting a new business? What are the things we need to get right to make a startup work? What are the success factors of a startup according to Bill Gross and why they are important? Please don't give shorter answers, thank you! PLEASE ANSWER WITHIN 3-4 HOURS.What is a startup? Why engage in a startup? What is the difference between a startup and simply starting a new business? What are the things we need to get right to make a startup work? What are the success factors of a startup according to Bill Gross and why they are important?. Ideate: You will produce a ‘first iteration’ of a New Venture Proposal (NVP). The NVP must involve an original business concept of your own (so not merely ripping off existing products) and should evidence strong entrepreneurial thinking: address an attractive market opportunity, provide differential value to users, and define a consistent business model.
- Think about what has to be done, what kind of business model would work, what kinds of payment options will work, and how to go about creating a profitable website.What are the three basic types of startup ideas? What are the most common sources of inspiration for startup ideas?When buying an existing business, which is NOT one of the steps an investor should take? a) Find out why the business is for sale. b) Review existing financial statements. c) Open a franchise. d) Evaluate existing staff.
- For a startup it is better to have generalists or specialists.justify answerDevelop a business idea not exceeding 500 words. If you have an opportunity to start a business, what kind of business will you start? Mention about: (i) The industry and product/service you are interested in. (ii) State why you are interested in that business. (iii) Who will be your customers and competitors? (iv) The initial amount you may require starting your business.How successful do you think this company purpose statement will be?
- Imagine that you want to start your own business. For your business: (a) Decide on and state a new business concept (the type of business that you want to start and what it does). (b) Decide on and state a name and slogan for that business. (c) Consider at least three different types of business entities (e.g., corporation, sole proprietorship, LLP, LLC, general partnership, LP. S-Corporation), and choose one of those three types of entities as the form of business organization for your new business. (d) List the three types of entities that you considered and provide three reasons that the type of entity you chose for your business is better than the other two tvpes of entities (vou may wish to consider some of the following: ease of formation, tax consequences, management rights, duration, liability, and transferability of ownership (e) Develop a brief marketing strategy for your new business, and state your marketing strategy, including short-term and long-term strategies (f) Will…1. Explain linkage entreprenuership and development of startups. 2. Explain linkage risk tolerance and development of startups. 3. Explain linkage innovation and devopment of startups.What elements are included in the "Business Idea" section of a written business plan?