What means the value proposition and what are the benefits of a good Business Idea in the Value Proposition?

Q: Describe at least two metrics that are commonly used to assign value to tangible benefits?

A: The following are two metrics that are widely used to assign importance to tangible benefits: -

Q: What are the advantages and disadvantages of improving the qualities of your fod products?

A: The following are among the relevance or advantages of quality control: 1. Promotes quality…

Q: What are the three options points can be achieved under the Innovation Credit categroy?

A: There are 5 total points available in the Innovation Category and to achieve all of these credits.

Q: How is customer satisfaction measured?

A: Every day unsatisfied customers cost businesses a lot of money. In fact, studies  show that 80% of…

Q: What is a core competency?

A: A set of demonstrated qualities and talents that permit and improve the efficiency of job…

Q: "Safety and health practices are good business decisions." Build an arguement supporting this…

A: Safety and health practices are good business decisions and it has measurable benefits to an…

Q: "hat are the characteristics of businesses in each of the four cells of the BCG matrix?

A: The main objective of using the BCG matrix is to assist the business to prioritize what all business…

Q: What impact would the new product probably haveon total sales, profits, market share, and return…

A: Profit is the difference between the total cost and the total revenue.  Profit=TR-TC Sales means the…

Q: 2-6. What is business portfolio analysis?

A: Business analysis- It is a professional discipline of analysing business needs and determining…

Q: How can a small firm use the value proposition road map?

A: Value Proposition Statements are a short but formalized way of detailing how your products solve…

Q: How can the immediate crises affect a business reputation and it's image

A: A crisis is an unplanned and unexpected situation that occurs in the business, which lets down the…

Q: What is evaluation?

A: Evaluation -  It is type of systematic determination which is concerned with a subject's merit,…

Q: #Management #Management_Information_System #business_problem #Diagnosea_business_problem…

A: A business plan is a roadmap of how this business is going to work. It defines business objectives,…

Q: What are the advantages of planning? Explain briefly the limitations of planning

A: Planning is the key administration work, which includes choosing in advance, what can anyone do,…

Q: What is Business Analysis?

A: It is very important to identify the business problems it helps in analyzing new opportunities for…

Q: what is value for you

A: A product can be defined as any item which has the capacity to fulfill the needs of the customer or…

Q: What are the 3 factors that help us best understand the characteristics of a company? Explain them…

A: A company is a volun­tary community of persons, identified by law, having a unique name, a standard…

Q: What makes Ideation Process important in every business?

A: Ideation process: It means the process of generating ideas and then communicating the ideas to the…

Q: What do you think? How do organizations manage customer service and product quality?

A: Product quality and customer satisfaction are the most prior responsibility of a business in order…

Q: From the perspective of Bill Wyse, what differences are there between the production concept, the…

A: Marketing Concepts are the viewpoints that are used by a company’s marketing department to serve the…

Q: Suppose you are writing a business plan for an event plannning business what are the: Complimentary…

A: A business plan is a document or a protocol that details the nature of the business, its sales, its…

Q: Give an example of value model?

A: A customer value model (CVM) is an information driven portrayal of the value, in financial terms, of…

Q: What is the best way to handle lingering customers?

A: The ability to really handle customer complaints and issues is vital for your customer…

Q: how does the 7 ms affect the business

A: Management is an organizational process of controlling and coordinating the administrative…

Q: What is intangibility

A: Intangibility is the nature of the product. The intangibility of services is acquired from the fact…

Q: How important it is for the company to really focus on the user's needs before realizing profit?

A: Fulfilling customer's demands is the primary and most important value of any company or firm because…

Q: Suppose you were asked to be a marketing consultant for arestaurant specializing in a regional…

A: Employees are the most important asset for any company. Company is created by people and they help…

Q: discuss in detail what are key success factors of a cosmetic business

A: Cosmetic business is related to manufacturing and selling of healthcare products, facial products,…

Q: Describe at least 2 metrics that are commonly used to assign value to tangible benefits?

A: The following are two commonly used metrics for assessing the value of tangible benefits: -

Q: problems

A: Talking about this question then, business ideas are the ideas that we use for financial gains by…

Q: Who are a company’s best prospects for additional sales and profits? Why?

A: Additional sales are the sales made over and above the current sales volume. It is very necessary…

Q: What is business decision modeling? How would you define the business process in your own words?…

A: Business decision modeling is a part of decision of management that focuses on representing…

Q: What would happen if product ideas are not discussed with customers? Are all ideas of the customer…

A: Any product created by a company is definitely needs to be accepted by the end consumer.

Q: Describe each of the 5 “S” and explain how to do it.

A: 5S stands for the 5 steps of this methodology: Sort, Set in Order, Shine, Standardize, Sustain.…

Q: what are some of the limitations of the Apptivo CRM for large companies?

A: CRM - Customer Relationship Management. It means how the organization is creating and managing the…

Q: Write in your own words the difference between idea and opportunity in the business context. You may…

A: An entrepreneur is a person who finds a new solution to some problem the customers have. That's why…

Marketing Plan

A marketing plan is a roadmap used by a business organization to execute and track its marketing strategy. In other words, it is a set of specified actions intended to attract potential customers and clients and influence them to buy the product and services of the business organization.