The term community refers to a company's area of business influence. True False
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The term community refers to a company's area of business influence.
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- Assume you have been hired into the marketing department of a majorconsumer products manufacturer such as Nike. You are having lunchwith some new colleagues in other departments—finance,manufacturing, and logistics. They are arguing that the company couldsave millions of dollars if it just got rid of the marketing department.Develop an argument that would persuade them otherwise.Suppose you decide (as did Steve Jobs and Mark Zuckerberg) to start a company. Your product is a software platform that integrates a wide range of media devices, including laptop computers, desktop computers, digital video recorders, and cell phones. Your initial market is the student body at your university. Once you have established your company and set up procedures for operating it, you plan to expand to other colleges in the area and eventually to go nationwide. At some point, hopefully sooner rather than later, you plan to go public with an IPO and then to buy a yacht and take off for the South Pacific to indulge in your passion for underwater photography. With these issues in mind, you need to answer for yourself, and potential investors, the following questions. 8. Briefly describe the use of stock options in a compensation plan. What are some potential problems with stock options as a form of compensation?Give a short explanation for each items Why NOT to be an Entrepreneur Uncertainty of income Risk of losing entire invested capital Lower quality of life until business gets established High levels of stress Complete responsibility
- Assuming you are a young man who want to be sponsored, identify any viable and feasible business idea of your choice and draft a comprehensive business plan for your potential business highlighting on the key features.Web Circuits is a Malaysian-based custom manufacturer for high-technology companies. Senior management wants to introduce lean management practices to reduce production costs and remain competitive. A consultant has recommended that they company start with a pilot project in one department and when successful, diffuse these practices to other areas of the organization. Discuss the advantages of this recommendation, and identify three ways (other than the pilot) to make a diffusion of the change effort more successful.Why should you research the educational needs of your prospective meeting attendees?
- Market share is “an indicator of how well a firm is doing against its competitors.Competition is a situation in the business environment where several businesses with more or less the same products / services compete for the support of the same consumers or customer segments. The development of competition is one of the main reasons that has resulted in the development and evolvement of the field of marketing. As the world grows smaller, more businesses are established and consequently spread themselves to all parts of the world, creating an even greater challenge for the art and science of marketing and its stakeholders.Using the above statement as your basis, and a company of your choice as an example, critically discuss why it is important that marketers study the business environment within which they operate, including their competitors.What characteristics define the business environment? AsapWhat do you mean by an Enterprise System? What benefits a business organization can achieve by implementation of an Enterprise System in their organization
- On my Resume How can I demonstrate ability to use market research and intelligence to develop appropriate business proposals and convert opportunities for qualified customers with revenue growth potential within an assigned geographic territory. Using examples of achievements that demonstrate the knowledge, skill, or ability being addressed.There are three main criteria used to define when a company is considered a small or medium enterprise. Choose the correct answer:A) True B) FalseAn answer to this question is found in the term "data warehousing."
