Suppose you are a consultant for an organization with the intention to launch a new brand of energy drink - "LAKAS", discuss how the 10 major external forces affect your intention using Porter's 5 forces model.
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Suppose you are a consultant for an organization with the intention to launch a new brand of energy drink - "LAKAS", discuss how the 10 major external forces affect your intention using Porter's 5 forces model.
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- Describe the Potential Business Ideas in the context of following: During the course of a relatively normal week, observe the things that might not normally see when you are in a hurry. Watch people, what products and services they use and don t use? Then list ten (10) product or service opportunities, needs, or solutions that you recognized from your observations. Include a brief situational description for each. State what you observed?What should Paolo do? Recommendations and ‘if/then’ scenario – Present your recommendations. For each recommendation, identify both the positive and negative impacts it may have on the company. Also indicate what actions, policies or theory support your decision/recommendation.When considering problem-solving steps, which step involves reflecting on the successes and failures you experienced? Select one: a. Evaluate a plan b. Define the problem c. Gather and interpret information d. Implement a plan
- Write the summary for 'Introduction to Remarketing And Why You Should Care' by Matt Umbro.Overview Instructions Here in this scenario, we are considering DFA for the idea(opinion) like a speaking partner organization. Considering the organization that is a language converter , Overview A SWOT analysis is a planning tool used to analyze the strengths, weaknesses, opportunities, and threats involved in a project or business. In this activity, you will be creating a SWOT analysis for your innovation. Consider the following as you create your SWOT analysis. The first step to a SWOT analysis is identifying strengths. You can identify strengths by answering questions similar to the following: What is your innovation really good at? What does it offer people that other products or services can’t or don’t? Is it easy to produce? Is it inexpensive? What is it that draws customers to the product or service? The second step is assessing the weaknesses of your innovation. What are some things that your innovation is not very good at, that other products or services do much better? Is…"Imagine you have been assigned to change a currently product-oriented company to a customer-oriented firm. Select one (real company). What is the first thing you do? what is your road map for the next two years? the next five?" please it shouldnt be plagarized
- Of the two types of customer expectations, performance expectations fluctuate the most. Describe situations that might cause expectations to increase, thereby narrowing the width of the zone of tolerance for your organization’s customers. What recommendations do you provide for the organization in these situations to better enable the organization to achieve its satisfaction targets?1. This is the beliefs that guide or shape an organization’s attitudes and activities. a.Vision b.Goals c.Mission d.Values 2.This is the general aspiration that an organization wants to achieve. a.Vision b.Goals c.Mission d.Values 3.This is the process that focus on identifying significant external threats and opportunities. a.SWOT Analysis b.Enterprise Risk Management c.Environmental Scanning d.Risk AnalysisDanny Meyer Leads His Company through the Challenges of Eliminating Tips What happens when your CEO wants to remove the tip structure from your restaurant? Do you complain about the new prices as a customer? Do you worry about your paychecks as a server? Danny Meyer, CEO of Union Square Hospitality (home to some of the most successful New York restaurants), discovered these answers when he began eliminating the tip structure in most of his restaurants. He had seen firsthand the largest negative impact of a tipping culture: employees stuck in front-line positions with no chance to advance to management without taking significant pay cuts. Meyer began by first involving the affected employees in town-hall talks. These town halls happened months before any publicity was released. Meyer then hosted town halls with customers to explain the importance of fair wages for all his employees at the restaurant, not just the few who served the food. The transition period for each restaurant to…
- Q1. What is feedback? How can verbal feedback affect customer encounters? Answer: Q2. Give some examples of nonverbal feedback and explain how they complement the verbal message and how they can affect customer interactions. Answer: Q3. What are the four spatial distances observed in Western cultures, and for which people or situations is each typically reserved? Answer:Sometimes even the best sales forecasts are inaccurate what steps can manager takes to ease the difficulties encountered when this sales forecasts prove to be incorrect?1. Come up with an innovative idea2. Define one Customer Persona for this hypothesis (you can use the Customer Personatemplate)3. Describe what you think the Opportunity is i.e., what Job-to-be-done that is currently importantand not satisfied4. Describe what could be an appealing Value Proposition for this opportunity i.e., howyour Value Proposition helps in solving their Jobs-to-be-done addressing thepains/gains of the persona (you can use the Value Proposition canvas template)5. Explain what could be an MVP you could develop to test whether your valueproposition would be appealing to your target audience6. Elaborate on how you could test the demand for your MVP