Customer obsession - Study guides, Class notes & Summaries
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MAR4803 Exam 1 Questions And Answers
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What does marketing involve? - ANS Marketing Mix- Product, Price, Promotion, Place 
 
Product Includes - ANS Product variety, Quality, Design, Features, Brand name, Packaging, Sizes, Services, Warranties, Returns 
 
Price includes - ANS List price, Discounts, Allowances, Payment period, Credit terms 
 
Promotion includes - ANS spokespersons & the media's response to them, Sales promotion, Advertising, Sales force, Public relations, Direct marketing 
 
Place i...
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WGU C483 -Principles of Management Test Prep Solved 100% Correct
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Delivery of products or services - ANSWER-A value chain is the sequence of activities that begins with raw materials. 
 
What result does a value chain end with? 
 
Choose 1 answer 
 Supply and demand 
Operations and logistics 
Outsourcing or insourcing 
Delivery of products or services 
 
Profit margins are increased. - ANSWER-What happens when an effective value chain is created? 
 
Choose 1 answer 
Profit margins are increased. 
A mission statement is developed. 
Customized products are stand...
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WGU C483 Assessment Questions With Answers Latest Update 2023/2024 Graded A+
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Delivery of products or services A value chain is the sequence of activities that begins with 
raw materials. 
What result does a value chain end with? 
Choose 1 answer 
Supply and demand 
Operations and logistics 
Outsourcing or insourcing 
Delivery of products or services 
Profit margins are increased. What happens when an effective value chain is created? 
Choose 1 answer 
Profit margins are increased. 
A mission statement is developed. 
Customized products are standardized. 
Total quality ma...
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MAR4803 Exam 1 Latest Questions And Answers
- Exam (elaborations) • 8 pages • 2024
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What does marketing involve? - ANS 1. product: variety, quality, design, features 
2. price: list price, discounts, allowances, credit terms 
3. promotion: sales promo, ads, PR, direct marketing, spokesperson 
4. place: channels, coverage, wholesalers/distributors 
 
What are the marketing management tasks? - ANS 1. developing marketing strategies/plans (short term and long term) 
2. capturing market insights through research 
3. connecting with customers 
4. building strong b...
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Marketing 301 Exam 1 Roth Questions & Answers Solved 100%
- Exam (elaborations) • 14 pages • 2023
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Marketing is defined as - Answer the process by which companies create value for customers & build strong customer relationships in order to capture value from customers in return. 
 
The Four P's of Marketing - Answer Product, Price, Place, Promotion 
 
Product - Answer What do customers need & want? 
 
Price - Answer How much should we ask customers to pay? 
 
Place - Answer How will we get it to the customers? 
 
Promotion - Answer How will we communicate with the customers? 
 
Marketing Con...
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Marketing 301 (All solved)
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Marketing is defined as correct answers the process by which companies create value for customers & build strong customer relationships in order to capture value from customers in return. 
 
The Four P's of Marketing correct answers Product, Price, Place, Promotion 
 
Product correct answers What do customers need & want? 
 
Price correct answers How much should we ask customers to pay? 
 
Place correct answers How will we get it to the customers? 
 
Promotion correct answers How will we commun...
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Management Organizational Behavior Exam 1 Latest 2023 Graded A
- Exam (elaborations) • 11 pages • 2023
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Management Organizational Behavior Exam 1 Latest 2023 Graded A Organizational Behavior A field of study that investigates the impact that individuals, groups, and structure have on behavior within organizations for the purpose of applying such knowledge toward improving an organizations effectiveness. 
Management getting things done through others 
interpersonal "blank" skills play a huge role in determining a managers effectiveness. 
Organization consciously coordinated social unit 
Planning,...
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Scrum Product Owner Exam 73 Questions with Verified Answers,100% CORRECT
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Scrum Product Owner Exam 73 Questions with Verified Answers 
 
 
What is scrum? - CORRECT ANSWER Scrum is an iterative software engineering process to develop and deliver software 
 
shared division of labor - CORRECT ANSWER where each team member feels responsible for—and is able to work on—any aspect of the project. 
 
TQC - CORRECT ANSWER was designed to heighten the entire organization's sensitivity toward simultaneous quality and productivity improvement, market orientation, cost reduc...
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WGU C483- Test Prep- Principles of Management Latest Updated 2022/2023
- Exam (elaborations) • 22 pages • 2022
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A value chain is the sequence of activities that begins with raw materials. 
 
What result does a value chain end with? 
 
Choose 1 answer 
 Supply and demand 
Operations and logistics 
Outsourcing or insourcing 
Delivery of products or services - ANSWER-Delivery of products or services 
 
What happens when an effective value chain is created? 
 
Choose 1 answer 
Profit margins are increased. 
A mission statement is developed. 
Customized products are standardized. 
Total quality management is n...
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Amazon Assessment Questions and answers, 100% Accurate. Verified. Rated A+
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Amazon Assessment Questions and 
answers, 100% Accurate. Verified. Rated 
A+ 
Customer Obsession - -Leaders start with the customer and work backwards. They work vigorously 
to earn and keep customer trust. Although leaders pay attention to competitors, they obsess over 
customers. 
Ownership - -Leaders are owners. They think long term and don't sacrifice long-term value for shortterm results. They act on behalf of the entire company, beyond just their own team. They never say 
"that's ...
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