2. Explain how Instacart’s business model works. How does the company generate revenue?
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2. Explain how Instacart’s business model works. How does the company generate revenue?
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- Measuring Organizational Performance and Taking Corrective Action falls within which stage of Strategic Management? Question 38Answer a. Strategic Implementation b. Strategic Evaluation c. Strategic Planning d. Strategic FormulationWhat is the main goal of the executive summary section of a marketing plan? summarize everything in the plan in no more than two pages summarize plus highlight why people should invest in this venture present a strong SWOT analysis as well as 5-year financial projections QUESTION 2 According to HubSpot’s top statistics on customer service, ________ percent of the customer experience or journey depends on how they are being treated. 25 35 50 QUESTION 3 How does process add its value to the 7 Ps of the marketing mix? building trust through efficient procedures communicating benefits to customers conveying value through atmosphericsTABLE 2.3 Common Shortcomings in Company Vision StatementsTable Summary: Table summarizes 6 statements for vague or incomplete; not forward-looking, too broad; blend or uninspiring, not distinctive, and too reliant on superlatives.Vague or incomplete—Short on specifics about where the company is headed or what the company is doing to prepare for the future. Not forward-looking—Does not indicate whether or how management intends to alter the company’s current product-market-customer-technology focus. Too broad—So all-inclusive that the company could head in most any direction, pursue most any opportunity, or enter most any business. Bland or uninspiring—Lacks the power to motivate company personnel or inspire shareholder confidence about the company’s direction. Not distinctive—Provides no unique company identity; could apply to companies in any of several industries (including rivals operating in the same market arena). Too reliant on superlatives—Does not say anything specific about…
- Ouestion 1 i Information Quality is important to any business. Discuss 2 common characteristics ofhigh quality information and state the business values of Information Quality and Information consistency. Business Value- ii. A data — driven website is an interactive website kept constantly updated and relevant to the needs of its customers using a database. Discuss two advantages of data driven websites. iii. Business intelligence can provide managers with the ability to make better decisions. Explain how the following industries use business intelligence to make better decisions: a. Airlines: b. Health Care c. Marketing : d. IT IndustryStrategic management. Mission of Krispy Kreme Doughnuts 2015 (actual mission) Consumers (1) are our lifeblood, the center of the doughnut. (2) There is no substitute for quality in our service to consumers. Impeccable presentation is critical (7) wherever Krispy Kreme is sold. We must produce a collaborative team effort that is unexcelled. We must cast the best possible image in all that we do. (8) We must never settle for "second best;" we deliver on our commitments. We must coach our team (9) to ever-better results.(5) *Now you are required to propose a new mission statement for the Krispy Kreme Doughnuts for the organization based on 9 legend and components of mission statement each of them like above sample Which state 9 components: (1) customers; (2) products and/or services; (3) markets; (4) technology; (5) survival, growth, and profitability; (6) philosophy; (7) selfconcept; (8) cocern for public image; and (9)concern for employees. Make sure use own sentences and the…1. Perform a SWOT analysis of AdRoll. 2. What areas do you see as opportunities for growth, and what strategies do you recommend to AdRoll? Why? SWOT ANALYSIS Strengths AdRoll’s strengthsincluded a 97 percent customer retention rate along with cutting edge display prod-ucts. The company also had products for all sizes of businesses. AdRoll was one of eight companies to advertise through the Facebook platform. The com-pany had a high return on investment for customers and a skilled and experienced management team. Finally, the firm had a simple navigation platform. Weaknesses The weaknesses that confronted AdRoll included seven other competing companies thatwere also a part of the Facebook platform. Some feedback from consumers had been negative. The company would have a hard time sustaining its growth rate of 11,082 percent like it had in the past three years. AdRoll was a young company that did not have extensive experience in the growth process. The company also had a lack of…
- When restaurants and theme parks add summer workers, they are attempting to manage supply and demand for their services by___ * A. complementary servicesB. using part-time employeesC. non peak demandD. shared services Companies that ___ disappointed customers to complain and also empower employees to remedy the situation on the spot -- have been shown to achieve higher revenues and greater profits than companies that do not have a systematic approach for addressing service failures * A. ignoreB. encourageC. discourageD. frustratehttps://www.kcet.org/shows/the-migrant-kitchen/episodes/the-migrant-kitchen-1-hour-special The Migrant Kitchen highlighted Eggslut founder, Alvin Cailan's kitchen incubator Unit 120. Which of the following are true about kitchen incubators? Select all and only statements that apply. Select one or more: a. It is a piece of equipment that enables cooks to prepare food more efficiently and cost-effectively. b. It's a system that enables entrepreneurs to test their concepts with lower risk. c. Alvin Cailan believes that chefs who use the incubator and fail, still gain from the experience. d. All of the above are true.Krispy Kreme Doughnuts, Inc., 2015 www.krispykreme.com, KKd Copyright by Fred David Books LLC. www.strategyclub.com (Written by Forest R. David). Based on the given case above, you are required: 1. Propose a new mission statement for the organization based on 9 components of mission statement :(1) customers; (2) products and/or services; (3) markets; (4) technology; (5) survival, growth, and profitability; (6) philosophy; (7) self-concept; (8) public image; and (9) employees. (10) Component Legend is provided 2. Quality of the writing of the proposed mission statement.
- Mission evaluations and analysis of Krispy Kreme Doughnuts, Inc 2015 Startegic management Part B Review and present the mission statement of Krispy Kreme Doughnuts Inc 2015 .Does the their statement meet those 9 components ? Mission Statement: Consumers (1) are our lifeblood, the center of the doughnut (2). There is no substitute for quality in our service to consumers. Impeccable presentation (4) is critical wherever Krispy Kreme is sold (3). We must produce a collaborative team effort that is unexcelled (5). We must cast the best possible image in all that we do (6). We must never settle (7) for “second best;” we deliver on our commitments (8). We must coach our team (9) to ever-better results. Please use own sentences and don't take existing one a) Read and evaluate the mission statement of that organization accordingly which evaluation of mission statement, Components, Legends b) Identify whether the mission statement is good or not good, re- number the components terms in bracket…Creative Homework/Short Project Assume that you are the vice president ofmarketing for a firm that markets a large number of specialty food items(gourmet sauces.. marinades. relishes, and so on). Your firm is interested inimproving its marketing management structure. You are considering severalalternatives: using a brand manager strucwre, having product category man--agers. or focusing on market managers. Outline the advantages and di.sadvantages of each type of organization. What is your recommendation?According to the material presented in the book, which of the following is typically not part of a pitch (choose all that apply): a.Financing needs b. Regulatory strategy c. Management team d. Overview of the business e. Clinical strategy f. Intellectual property strategy g. Commercialization approach h. Description of quality management systems i. Overview of all concepts investigated j. Clinical need k. Reimbursement strategy l. Product/service overview