RomeroCrystal_Week 6 Assignment

Direction: Do what is instructed below. Write your answers in your notebook. One of the goals of business is to cater the needs and wants of the customers and make them satisfied of the goods & services that a business provides in order for them to share their experiences for the growth and sustainability of the business operation. Now, I want you to create your own product or services that best suits to the needs of our present situation which we are in the midst of the global pandemic. Requirement: Create your own product using the Five (5) Product Levels by Kotler. Use the table below: Product levels Question Product or services you Draw the product you want Drawing here: Answer can create and offer to to offer your customers bas Core benefit of the State the fundamental product benefit that you can offer to satisfy them Generic product State the basic version of the product the features necessary for it to function State the product set of Expected product features that the…

Which among the following is one of the advantages of the McKinsey 7S model 1-It is considered a long-term model   2-With the changing nature of businesses, it remains to be seen how the model will adapt.   3-It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization.   4-It is considered a longstanding theory, with numerous organizations adopting the model over time.

General management is an essential function that is required in all enterprises. It involves planning, organizing, leading, and controlling all aspects of an organization to achieve its goals efficiently and effectively. This function encompasses various sub-functions such as decision-making, problemsolving, communication, and coordination of activities. The success of an enterprise depends largely on the effectiveness of its general management function.Evaluate the effectiveness of the general management function in an enterprise you are familiar with, using appropriate criteria and standards. Justify your evaluation by identifying and analysing the strengths and weaknesses of the function.

What are the primary benefits of implementing a CRM system in an organization? Provide specific advantages that CRM can offer in terms of customer retention and business growth.

Recommended and explain 6 New strategies (formulated that are not already existing in their business strategies) that NETFLIX Should Implement in their business that can propel the company's business forward.

Identify which level of investment in customer relationship management would the following be categorized and support your answer with at least one statement.

In the world of professional industries, when conducting operational activities, top management have to be careful and well-conceived consideration is required so that it can be delivered in accordance with applicable rules and codes of ethics, as well as the manner in which the activities carried out are in line with the vision and goals of the company. To achieve the company's objectives faster and continually improve company performance, top management must be able to develop a routcome-based management strategy by obtaining detailed information and insights to support the decision-making process. For the purpose of drafting a conceptual framework in the form of organizational strategy, the leader hopes to help minimize risks that are detrimental to the company's activities, which in this case certainly requires the assistance of various parties, especially internal auditors that will help stakeholders by ensuring how the internal monitoring and control processes have been working…

Ezzee solutions, a business consulting company, is embarking on implementing an Information System to integrate accounting, finance, marketing, production and human resource management within the organization. It provides the information an organization needs for efficient operations, effective managerial decision-making and a competitive advantage. You have been appointed to conduct training to the staff at Ezzee solutions on the details of the information system. Your presentation would include the following aspects. Discuss in detail any five benefits an Information System offers to the organization like Ezzee solutions.

Implementation of a company’s strategic plan often begins by determining management’s basic expectations about future economic, competitive, and technological conditions, and their effects on anticipated goals, both long-term and short-term. Many firms at this stage conduct a situational analysis that involves examining their strengths and weaknesses and the external opportunities available and the threats that they might face from competitors. After performing the situational analysis, the organization identifies potential strategies that could enable achievement of its goals. Part of this process involves business managers creating budgets to plan for future operations, create benchmarks to measure progress, and maintain necessary accounting controls. The majority of literature that has used examples to describe a master budget have been limited to manufacturing companies. These companies tend to have comprehensive operating budgets and therefore serve as a good starting point in…

SWOT analysis is a framework for analyzing the internal and external environment of a company. It consists of strengths, weaknesses, opportunities and threats. According to a SWOT analysis, which of the following is not an aspect that the company's strategy should follow? a. take advantage of their weaknesses b. remedy weaknesses or work around them c. take advantage of the opportunities presented by the environment d. protect the company from threats

Read the instructions in full before you attempt to answer. In section 1 below, a total of eight different market segments for the cold beverage market have been provided (Note: For the purpose of this discussion activity, let’s assume that the cold beverage market includes fizzy drinks (sodas), juice, energy drinks, milk-based drinks, yoghurt-based drinks, water, sports drinks, and so on.). Read section 1 statements, then read the task in section 2. Section 1: Quick Overview of Each Market Segment The ‘Really thirsty’: This group of consumers is seeking a fairly straightforward functional benefit from their consumption of a beverage. The ‘On the go’:  The on-the-go market segment is a busy group of consumers who tend to eat and drink while they are traveling. The ‘Need a boost’: This market segment consists of those consumers are feeling rundown or tired during the day. The ‘Variety seekers’: Variety seekers are consumers that have limited brand loyalty and will consume a broader…

We do a business model study because... How do we perceive our business solution? Will this provide us with information that is beneficial to our organization?

Look at the illustrations above. For each of the following, think of which illustration that would be suitable for the particular focus below: Business Results (Customers, Product and/or Service) People and the Organization (Participants and Context) Technology and Information (Technology, information and infrastructure)

Which of the following are correct with respect to a good ‘business model’? There can be more than one correct answer. 1. A business model identifies various stakeholders in the business and the transactions between them 2. A business model identifies the flow of resources A business model describes the rationale of how an organization creates, delivers and captures value 3. A business model answers the following questions: who is the customer and what is the value to the customer? 4. A business model can be segregated based on business functionalities say, marketing, finance, human resources etc. 5. A business model helps identify the competitors and their superiority / inferiority with respect to own business

Tesla is one of the fastest-growing companies. Its new Cyber Truck is scheduled for future production and sales. With this in mind develop a plan to produce and sell the Cyber truck. Answer each question below in at least 3 to 5 sentences. 1. What corporate structure you would use in the manufacturing plant? 2. How you would sell the vehicle? 3. What components are involved in planning the production process? 4. Summarize how purchasing, inventory control, scheduling, and quality control affect production.        Only typed answer and give answer fast

This paper provides an elucidation of the business impact analysis (BIA).   What types of tasks do you believe the Business Impact Analysis (BIA) would emphasize for your professional or personal network?

The table below lists several steps involved in tactical planning. For each step listed, indicate whether it is associated with the development or the execution of tactical plans. Communicate throughout process Determine human resource needs Identify the time constraints involved Obtain information needed Understand strategic plans Developing Executing O

Analyze the role of data analytics and predictive modeling in enhancing business models, with a focus on industries like finance and healthcare.

E-Government Implementation has several phases, except: Select one: a. Execution b. Social health care c. Planning d. Control

Discuss the role of planning and business models in the development of business/IT strategies, architectures, and applications.

The basic objectives or goals of an organization are derived from its a. standard operating procedures b.supervisory management strategy c.operational plans d.strategic planning process

What are the factors that affect SMEs’ business growth? Identify at least five and make a precise but clear explanation for each of the factors given.

Create a PowerPoint presentation with the following 4 elements:   Provide an overview and discuss the function of 1 publicly financed healthcare program in the United States. How has that program evolved and influenced the entire U.S. healthcare system? What are some of the accomplishments and challenges for that program? What does that program do to focus on health prevention and performance?

Effective management is essential for the success and sustainability of any organization. Management involves coordinating and directing the efforts of individuals and teams to achieve organizational goals efficiently and effectively. It encompasses various functions, including planning, organizing, leading, and controlling. Through strategic planning, managers set objectives, identify resources, and develop action plans to guide the organization toward its desired future state. The organizing function involves structuring the organization's resources, such as people, technology, and finances, to optimize performance and achieve objectives. Leadership entails inspiring and motivating employees, fostering a positive work culture, and providing direction and support to facilitate goal attainment. Finally, the controlling function involves monitoring performance, identifying deviations from plans, and implementing corrective measures as needed to ensure that organizational objectives are…

Among the four means of implementation (authority, persuasion, policy, feedback) discussed in Chapter 5 (Managing planning process), which are easiest to use? Which are most difficult to use? Why?

In developing and implementing IT, the study team and steering committee must consider organizational goals. These include: a. General, operating management, and technical goals b. General, technical, and top management goals c. Top management, operating management, and general systems goals d. Top management, operating management, and economic goals

Identify which function of the management of an organization is being described by the following statement: Requires management to look ahead and to establish objectives. A key objective of management is to add value to the business   a. Controlling   b. Directing   c. Planning

Type a work on The Basics of Business Decisions

The concept of blink is defined as a person's ability to anticipate, and vision, maintain flexibility, thanks strategically, and work with others to initiate changes that will create a viable future for the organization, and is competitive advantage to the organization in this way

identify a company that is currently facing issues that you believe could be effectively addressed by using one of the management science tools or techniques that you have learned about in this course. This company could be one that you are personally familiar with or one that you have identified in the current business literature.Your Part A report should cover the following: Briefly describe the company you have chosen, its business, and the environment in which it operates. Describe the company stakeholders and the company mission statement core values. Describe and document the critical issues facing the company that you believe could be addressed by implementing one of the tools or techniques you have identified in this course. Describe the technology that you have chosen for implementation and justify your selection by considering factors such as (but not limited to):Potential benefits through the support of decision making, Acquisition, development, and implementation costs,…