Competitive advantage for business includes the following EXCEPT A) delivering better performance B) decreasing customers for higher revenue C) charging less for superior products D) responding to customers and suppliers in real time 4.
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- P8-what measures or actions could be used to improve the consistent quality and speed of preparing fast food for customersExplain the following based on CRM – Customer Relationship Management The customer is always right Interface of retaining current customers and gaining new customers CRM’s important function of follow-up with customers CRM’s role in Sales Forecasting Importance of Safety StockExplain the concept of Customer Lifetime Value (CLV) and how CRM systems can help in optimizing it. Provide real-world examples.
- e. Other clothing retailers, both online and store-only Implementation of IBM's "Smarter Planet" strategy has resulted in all of the following except which? Select one: O a. A reduction in power usage for consumers using smart meters O b. A reduction in traffic delays through coordinated signals O c. A reduction in wasted coverage for advertising messages to increase its efficiency O d. A reduction in inventory levels, as well as increased sales, for retailers O e. A reduction in supply chain costs for retailers A(n) is a good, service, or idea that creates value for both the organization and its customers by satisfying their needs and wants.Redo questions (1) and (2) and provide a new or revised strategy and associated customer benefit package and value chain that is more appropriate for today's marketplace:based on the below topics, what would be the possible major causes for customers to churn? customer support service delivery quality finance warehouse
- The American Baker's Association reports that annual sales of bakery goods last year rose 15 percent, driven by a 50 percent increase in the demand for bran muffins. Most of the increase was attributed to a report that diets rich in bran help prevent certain types of cancer. You are the manager of a bakery that produces and packages gourmet bran muffins, and you currently sell bran muffins in packages of three. However, as a result of this new report, a typical consumer's inverse demand for your bran muffins is now P= 11 -15Q If your cost of producing bran muffins is C(Q) = 3.5Q, determine the optimal number of bran muffins to sell in a single package and the optimal package price. Instructions: Enter your response for the optimal package price rounded to two decimal places. Optimal package size: Optimal package price: $ unitsHow would a fast-moving consumer good (FMCG) retailer use collaborative forecasting to improve supply chain performance? 1) manufacturer new product introductions can be better integrated with category assortment plans 2) retail promotional plans can be shared with suppliers to reduce the bullwhip effect 3) retail promotional plans can be shared with suppliers to ensure adequate availability 4) all of the aboveIdentifying customer attributes may allow an organization to better understand "who" its customers are. Define Customer attributes giving an example of each of them. Answer
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