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- Finance manager does not have to deal with other functional department Select one: True FalseGordon Sparks Ltd. sells ergonomic chairs. The company implemented a new bonus structure for all of theirmanagers. If net income increased from the previous year, managers would be rewarded with 0.5% of the increase innet income.In January of last year, Mingle Nicholson was hired as the manager of the marketing department. As the marketingmanager, he was responsible for seeking external opportunities, managing budgets and understanding current andpotential customers. Every three or four days, Mingle would meet with the sales manager, Logan Freidman. Themeeting was usually about past sales, and whether there were changes to the selling strategy. This information wasextremely important to Mingle, since he was responsible to ensure the marketing objectives are aligned with the salesobjectives.During the year, Mingle made several changes to Gordon Sparks' marketing strategy. Mingle created a set of popularcommercials, which were a complete success. Each commercial reached over 5,000,000…Required: 1. Identify the key problems and issues? 2. Proposed realistic solutions or changes (3 or more) 3. Recommend specific strategy for accomplishing the proposed solutions.
- b. Based on this extrapolation, when would Amazon be predicted to equal Walmart in revenue?c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?b. Based on this extrapolation, when would Amazon be predicted to equal Walmart in revenue? c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?15. A manager of a store wants it to be the sales leader in the region. In order to achieve this goal, the manager must analyze data to determine whether objectives have been met, efficiencies achieved, and goals obtained. Which tool should this manager use for this assessment? A:Key performance indicators (KPIs) B:Revenue growth rate (RGR) C:Customer lifetime value (CLV) D:Customer acquisition cost (CAC)
- JYP is a hypermarket chain that operates throughout China, with 25 locations and 800 employees ranging from store workers to the CEO. JYP I operates in a very competitive environment with numerous other companies. As a result, improving performance is vital in order to achieve the goal of being the number 1 hypermarket chain in the country. The goal must be met while taking into account the relatively high worker turnover rate in this area. a)Explain how the Maslow Hierarchy of Needs application may be of use at JYP. b)Explain the application of Performance Management System at JYP.Pls help with below homework, select correct option and explain it.1(a) As a Strategic Sales Manager, how can a Sales Department department that currently uses a manual system be computerised. 1(b) From the perspective of a sales department and as a strategic sales Manager, discuss the effect of the PESTLE Analysis. Suggest ONE factor from three of the six external influences (PESTLE) that may be upsetting the Sales Department process(es) and ONE factor from three of the six external influences (PESTLE) that may interrupt customers’ experiences.
- 1. What is the most the real estate investor would be willing to pay for additional information? Use Minimum Expected Regret (Minimum EOL) 2. Use the alternative method to verify EVPIRick DeNeefe, manager of the Golden Valley Bank creditauthorization department, recently noticed that a majorcompetitor was advertising that applications for equity loanscould be approved within two working days. Because fastcredit approval was a competitive priority, DeNeefe wantedto see how well his department was doing relative to thecompetitor’s. Golden Valley stamps each application withthe date and time it is received and again when a decision ismade. A total of 99 applications were received in March. Thetime required for each decision, rounded to the nearest hour,is shown in the following table. Golden Valley’s employeeswork 8 hours per day a. Draw a bar chart for these data.b. Analyze the data. How is Golden Valley Bank doing withregard to this competitive priority?a. What level of incremental sales should the company analyst attribute to the new line of baked chips? b. Assume that 20 percent of Morten's existing customers are actively looking for a healthier snack alternative and will move to another company's baked chip offering if Morten does not introduce the new product. What level of incremental sales would you attribute to the new line of baked chips in this circumstance?