A customer approaches t - Study guides, Class notes & Summaries

Goal of Customer- Driven marketing strategy - to create VALUE for targeted customers Market Segmentation - Dividing a market into smaller groups with distinct needs, characteristics, or behaviors that might require separate marketing strategies or mixes. (taking heterogeneous customers and dividing them into more homogeneous groups) selecting customers to serve - - "Who is our customer?" -Selecting customers to serve using segmentation and targeting -We cannot make any other decisions as...

T or F - Three primary rewards of entrepreneurship are thought to be profit, independence, and personal fulfillment. - Answer-True T or F - Some estimate that entrepreneurs are four times less likely to be millionaires than are those who work for others. - Answer-False T of F - A refugee is a person who tried entrepreneurship, failed, and sought refuge in corporate employment. - Answer-False T or F - Entrepreneurial teams are formed by bringing together two or more persons who together fu...

APICS CPIM Part 1 Questions and Answers Pareto Chart -Answer-graphical tool used for ranking causes from most to least significant TQM: Employee Involvement -Answer-TQM is everyone's responsivbility and this means everyone needs to commit to not only doing their jobs but improving. Cross-training, training on quality, training problem solving and root cause analysis achieve this goal Voice of the Customer -Answer-The actual customer descriptions in words for the functions and features the...

company strategy - Answer-the set of actions that its managers take to outperform the company's competitors and achieve superior profitability. what makes a competitive advantage sustainable: - Answer-are elements of the strategy that give buyers lasting reasons to prefer a company's products or services over those of competitors--reasons that the competitors are unable to nullify or overcome despite their best efforts. most basic 5 approaches for setting a company apart from rivals and w...

If a process is consistently achieving its target, but customer satisfaction with the process' output is poor, which of the following is/are most likely (select ALL answers that apply) A. Difficult Customer B. Bad Process Measure C. Poor Quality Control Process D. Bad Target - B. Bad Process Measure D. Bad Target T or F: Lean Six Sigma is a body of knowledge composed of qualitative and quantitative tools and approaches - True T or F: The formal methodology used for systematic problem s...

TEFL Final Exam With Verified Solutions Three main approaches to teaching English 1. Direct Method 2. Communicative Approach 3. Task Based Approach What is the aim of The Direct Method The aim is for accuracy and to sound as much as possible like a native English speaker. What does the Direct method focus on? Pronunciation and Grammar (Structural Approach) Generally speaking, what is the Direct Method? It is basically drilling and memorizing the English language. Students d...

TEFL Final Exam With Verified Solutions Graded A+ Three main approaches to teaching English 1. Direct Method 2. Communicative Approach 3. Task Based Approach What is the aim of The Direct Method The aim is for accuracy and to sound as much as possible like a native English speaker. What does the Direct method focus on? Pronunciation and Grammar (Structural Approach) Generally speaking, what is the Direct Method? It is basically drilling and memorizing the English language. Students d...

PGA PGM Level 3 - Player Development - Study 1. The head professional created a player development program designed for 12 women new to the game. After the first session she noticed that the participants had a wide range of varying skills and individual needs. What would be the best course of action in response to this situation? Adjust the planned activities 2. What should always be in play when promoting a facility's player development program? Features and benefits 3. What is th...

If a process is consistently achieving its target, but customer satisfaction with the process' output is poor, which of the following is/are most likely (select ALL answers that apply) A. Difficult Customer B. Bad Process Measure C. Poor Quality Control Process D. Bad Target - B. Bad Process Measure D. Bad Target T or F: Lean Six Sigma is a body of knowledge composed of qualitative and quantitative tools and approaches - True T or F: The formal methodology used for systematic problem s...

GEB 4890 Exam Questions With Verified Answers Company strategy - answerthe set of actions that its managers take to outperform the company's competitors and achieve superior profitability. what makes a competitive advantage sustainable: - answerare elements of the strategy that give buyers lasting reasons to prefer a company's products or services over those of competitors- -reasons that the competitors are unable to nullify or overcome despite their best efforts. most basic 5 approache...