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- What are the five Cs of managing innovation, and how do they help direct a firms innovation activities?How does the management of technology and innovation help a firm create value? Why should the firm strive to have a unique value proposition?Why will we assess any business model, and how will we view our business solution that will deliver actionable business insights?
- In what ways may the Porter Five Forces Model help organizations develop effective IT strategies for staying competitive?What are the key components of a successful CRM strategy, and how do they contribute to business growth?Create a brief vision statement for your venture. State the value proposition for the venture. Create a draft business model for the venture using the elements of the business model What are your venture’s core competencies and competitive advantage?
- In your outlook, which do you think is the most effective among the (4) strategies of market targeting? Explain why? Which do you think among the four will become profitable in gaining a successful business outcome considering with enough resources?W hat strategies should businesses employ to align their sales and marketing teams, ensuring they work together seamlessly to achieve common goals and drive revenue growth?Explain business intelligence and why BI technologies are important?
- Why product and market innovation is the most critical based on today's industry conditions?What is the role of competitive analysis in marketing, and how can companies gain a competitive advantage through effective analysis?1. Describe Size of the Market in the business plan 2.Explain what Elements of a Successful Business Plan 3. What is added value in business? 4. What is Value-Added in Marketing?