Liamxavier

Strategic management - -An integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage. Never ending cycle of analysis, formulation, implementation, and feedback. -Competitive advantage - -Superior performance relative to other competitors in the same industry or the industry average

Effective classroom managers spend time ? - -teaching students classroom rules and procedures. -Effective Classroom Managers use? - --Rules and procedures integrate with teaching strategies - Relevant to students' cultural backgrounds and interests - Help develop higher-level thinking skills - Students' learning is significantly correlated to cli

Marketing - -The activity and process for creating and exchanging offerings that have value for customers. -Production Marketing - -Internal capabilities of the firm. -Sales Marketing - -Aggressive sales techniques and belief that high sales result in high profits. -Market Marketing - -Satisfying customer needs and wants while meeting objectives

Marketing - -The activity and process for creating and exchanging offerings that have value for customers. -Production Marketing - -Internal capabilities of the firm. -Sales Marketing - -Aggressive sales techniques and belief that high sales result in high profits. -Market Marketing - -Satisfying customer needs and wants while meeting objectives

Customer Relationship Management - -Using information about customers to create marketing strategies that develop and sustain desirable customer relationships -customers - -The purchasers of organizations' products; the focal point of all marketing activities -exchanges - -the provision or transfer of goods, services, or ideas in return for somet

b2c - -business to consumer -b2b - -business to business -c2c - -consumer to consumer -customer relationship management - -a business philosophy and set of strategies, programs, and systems that focus on identifying and building loyalty among the firm's most valued customers. -entrepreneur - -a person who organizes operates, and assumes the ris

international trade - -Exchange of goods and services among nations. -imports - -Goods and services purchased from other countries. -exports - -Goods and services sold to other countries. -balance of trade - -The difference in value between a nation's exports and imports. -free trade - -Commercial exchange between nations that is conducted on f

what types of analyses are needed to enter a market - -external and internal -what is an external analysis and what does it involve - -PESTEL Analysis -what does PESTEL analysis stand for - -political, economics, social, technology, ecology, legal -what does internal analysis consist of (4) - -pricing, distribution, communication strategies, dem

Marketing - -identification of needs and wants of consumers and the best method for satisfying those needs and wants -Controllable Factors - -factors a business can use to influence consumers; called the marketing mix -Product - -actual good or service produced to meet a consumer need -Intangible - -no physical good -Perishable - -services are

Globalization - -process by which goods, services, capital, people, information, and ideas flow across national borders -trade deficit - -results when a country imports more goods than it exports -trade surplus - -results when a country exports more than it imports -gross domestic product (GDP) - -defined as the market value of the goods and ser