Management, Loose-Leaf Version
13th Edition
ISBN: 9781305969308
Author: Richard L. Daft
Publisher: South-Western College Pub
expand_more
expand_more
format_list_bulleted
Question
Chapter 6, Problem 9DQ
Summary Introduction
To determine:
Difference between beginning a small local auto repair shop and an online business. Is there any possibility of building a customer relationship over the online business.
Introduction:
Customer relation refers to the manner and process through which relationship with the customer is established, developed and maintained by the business. A fall and rise in the business can be experienced through the support of customer bases. Consequently, it is necessary to have good relationships with the customer in order to make a business successful and profitable.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
do you think social networking assists innovative individuals in the network and finding a potential partner for their new entrepreneurial idea?
1. What are some theories offered to explain aspects of your field of business?
2. Reflect on your own social network. How are the nodes in your social network linked? What social capital do you gain from your social network?
3. How do propositions and hypotheses differ?
You have been employed at Small Enterprise Finance Agency (Sefa) as a mentor for up-and-coming entrepreneurs. The client comes to you requiring to be mentored in starting his business. However, he has no idea where to start. As a mentor of prospective entrepreneur provide and advice about all the aspects the client has to take into consideration when starting a business venture
Chapter 6 Solutions
Management, Loose-Leaf Version
Ch. 6 - Prob. 1OTJVCCh. 6 - Prob. 2OTJVCCh. 6 - Prob. 3OTJVCCh. 6 - Prob. 1DQCh. 6 - Prob. 2DQCh. 6 - Prob. 3DQCh. 6 - Prob. 4DQCh. 6 - Prob. 5DQCh. 6 - Prob. 6DQCh. 6 - Prob. 7DQ
Ch. 6 - Prob. 8DQCh. 6 - Prob. 9DQCh. 6 - Prob. 10DQCh. 6 - Prob. 1EECh. 6 - Prob. 2EECh. 6 - Prob. 3EECh. 6 - Prob. 4EECh. 6 - Prob. 5EECh. 6 - Prob. 6EECh. 6 - Prob. 7EECh. 6 - Prob. 8EECh. 6 - Prob. 9EECh. 6 - Prob. 10EECh. 6 - Prob. 11EECh. 6 - Prob. 12EECh. 6 - Prob. 13EECh. 6 - Prob. 14EECh. 6 - Prob. 15EECh. 6 - Prob. 1SGBCh. 6 - Prob. 1EDCh. 6 - Prob. 2EDCh. 6 - Prob. 3EDCh. 6 - Prob. 1CFCACh. 6 - Prob. 2CFCACh. 6 - Prob. 3CFCA
Knowledge Booster
Similar questions
- The benefits of doing business online are many.arrow_forwardwhat role does technology play in being a business owner? What types of technology would be used the most? why?What types of software do you believe to be the most useful for a business owner?arrow_forwardWhat kind of online business do you think will thrive in this present time? Why?arrow_forward
- Prompt: All entrepreneurs have the ability to do good with their organizations and bring honor and glory to the Lord. A Christian entrepreneur should see opportunities where they can do good with the organization they have designed and use it for good.Doing all of this in a joyful and winsome way brings honor to the Lord (Hebrews 13:15-17). We are also called to be salt and light no matter what we are doing as believers. Therefore, when we run our organizations, we are to run them in a way that glorifies the Lord. We should be salt and light in all of our business interactions and how we operate our business (Matthew 5:13-16). How does doing good with yourorganization and being salt and light tie into our discussion related to providing quality service during those moments of truth with our clients? What can the verses in Hebrews, Matthew, or any other verses you can find teach us about providing good quality and our interactions with customers?arrow_forward(a) How has information technology transformed business and managerial decision-making?(b) What are some major factors that motivate entrepreneurs to start businesses?arrow_forwardHow to grow your telecommunications company so you Would benefit from your business?arrow_forward
- Writing a business plan is your map to how you are going to operate. Regardless of whether you are interested in taking over an existing business or starting a new one; they both have challenges that you will need to overcome in order to succeed. Discuss one of the challenges in starting a new business and how you may be able to address that challenge with a well-designed business plan. Your challenge can be unique to either a start-up or on-going business or both.arrow_forwardAs technology has progressed, it has become possible to wirelessly link and operate several appliances and gadgets in the home. Is there any reason to believe that the increasing popularity of wireless information appliances and services won't lead to a substantial shift in how much time enterprises spend online? Why?arrow_forwardPutting your business plan in writing helps you communicate your ideas to others. Do you think discussing your business plan out loud in a meeting can also help get your ideas across? Why or why not?arrow_forward
- How do personal relationships provide an important business advantage?arrow_forwardHow does AI help entrepreneurs in their business challenges, and what are the benefits of having an AI around?arrow_forwardChoose a challenge in starting a new business and how you may be able to address that challenge with a well-designed business plan. Challenge can be unique to either a start-up or on-going business or both.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub