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A: The motivation behind strategic planning is to lay out general objectives for your business. Another…
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A: The desired service can be referred to as the mandatory level of service in which the consumer finds…
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A: The stages that a consumer goes through while buying a particular product or a commodity is known as…
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A: Lifestyle surely influences consumers buying behavior, two people with different lifestyles will…
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- Given that newbies aren't allowed to engage in sales yet, what 5 KPIs could prepare them for their sales functions in the future? and how can you measure the success of these KPIs as well?suppose that you are a managing partner of a local accounting firm, responsible for the business development. there are around 50 staff members in the firm. currently the business has two units, assurance service and taxation accounting services. now the firm plans to expand its business into business information system consulting area. Using marketing 4Ps as a tool, discuss how the firm can develope its new business in IT consulting?What are the primary challenges that organizations may encounter when implementing a CRM system, and how can they overcome these challenges?
- Critical Thinking Are there any potential challengesthat could arise related to the use of customer lifetimevalue (CLV) as a means of determining the allocation ofresources to current or potential customer groups? Ifso, what might these challenges be?What are the main challenges that organizations may face when implementing a CRM system, and how can they overcome these challenges?1.Which of the following was not listed as a typical bootstrapping technique?a. Coordinate procurement with other companiesb. Employ internsc. Reduce personal expendituresd. Purchasing rather than leasing facilities2.Which of the following was one of the most important intellectual property mistakes made by entrepreneurs?a. Not properly registering their internet domain namesb. Not using their intellectual property as part of their overall plan for successc. Not properly identifying all their intellectual propertyd. Not fully recognizing the value of their intellectual property3.Many entrepreneurs tackle the challenge of raising capital in a haphazard manner because:a. they are inexperienced in this area, and they are unsure of their options.b. they haven’t finished a feasibility study or a business plan yet.c. they are focused on the nuts and bolts of starting their business.d. they are cautious about raising money, and they haven't written a business plan.4.Typically, the seed money…