A Questionaire on the Micro Small & Medium Enterprises

b. How does the mission relate to the type of products the company sells? (1-3

1. In relation to your current business environment (or one that you are familiar with):

j.Explain and justify which of these your business may use when marketing their product or service (one of the businesses products/services you have explained within task d).

2. Determine the need for the new product or service. Next, provide an overview of the market you intend to enter, and defend why this market is ripe for the introduction of this product or service at this particular time.

9. (TCO 8) The marketing manager is responsible for choosing how to implement which? (Select all that apply.)

Each of the following parts describes a firm that was an early mover in its market. In light of the information provided, indicate whether the firm’s position as an early mover is likely to be the basis of a sustainable competitive advantage, and explain why or why not. (2 points: 1 point each)

Discuss the approach your organisation used to manage its new initiatives especially new product developments.

d) What additional information would you like before making a decision about adding these new products?

Describe a firm you think has been highly innovative. Which of the four types of innovation—radical, incremental, disruptive, or architectural—did it use? Did the firm use different types over time?

| (TCO A) Which of the following is most clearly an example of process innovation?

2. There are many ways to differentiate the product or service and many buyers perceive these differences as having value

Therefore, Covin and Slevin (1989) argued that entrepreneurial firm or organization could perform well than conservative organization. That conflict concerning contribution of dimension to performance has been an issue; nevertheless, entrepreneurial orientation has been considered as an essential tool of entrepreneurial success, which can be measured in terms of financial performance of the organizations. In addition to this, each dimension of entrepreneurial orientation is regarded as the individual determinants of organizational performance (Lumpkin &Dess,

The ‘’Successful Strategic Management Growth-Oriented Timber Haulage Entrepreneurs’’ describes what kind of strategic management develop to achieve growth profitability. Also, this research emphasizes the importance of strategic management. Strategic management involves the implementation of setting objectives, policies and goals. The most important factor to achieve a successful growth and sustainability is taken by the executive manager and owners. Executive managers has the commitment to reach and pursue the firms’ objectives to create profit. Also, the executive manager have the highest level in the company, but also the highest responsibilities of managing the company day-to-day. The owners and executive managers design and develop

After many deliberations, XYZ Marketing Company has decided to focus more on the core business aspects and outsource the non-core business aspects of the company. With this decision, the company must classify the core and non-core aspects of the company for which they would either focus on or

New Service-Product Development Process- Continuously pursuing a better product and services to better meets customer’s needs should be a priority of a firm. The core process keeps the company afloat and provides a competitive advantage for the firm. Managers should be able to develop customer satisfaction procedures on how the firms plans to achieve goals or meet project designed to customer specifications. A firm supply chain value should incorporate the needs to always produce new services by scanning the environment and pursuing best innovative practices.