short answer How can information itself provide a competitive advantage to an organization? Give two or three examples. For each example, describe its associated risks.
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short answer How can information itself provide a competitive advantage to an organization? Give two or three examples. For each example, describe its associated risks.
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- Discuss four reasons why some organizations fail to conduct need assessent as thoroughly as they need to before the development and delivery of a training program check_circle Expert Answer Step 1 A needs assessment is essential because it supports a company to manage the ways that are hindering it from arriving at its craved purposes. Step 2 Given below are the four reasons that show why some organizations fail to manage need assessment as completely as they need to before the development and delivery of a training program- Require Judgement Time-consuming Misunderstanding about assessment Incapability to determine the uses of assessment Step 3 Need Assessment needs an understanding of the different parameters that are going to affect the organization in the future or are already affecting it. Judgment should be accurate in all manner which can be done only through proper analysis and evaluation. But in actuality, managers and employees think that it takes more…REASONS HOW TO AVOID (List ways to avoid) BUSINESSES FAILURE Mistaking A Business for a Hobby Asking Friends & Relatives for Advice Asking Friends & Relatives for Money Mismanaging Money Poor Marketing No Business Plan No Understanding of Pricing Inability to Manage Growth Inability to Plan for Transitional Periods Lack of Commitment Failure to Set and Revise Goals Inability to Develop and Monitor Financial Statements Inability to Balance Business & Family Underestimation of the Time RequirementsImagine a scenario where the head of sales for a luxury automotive brand is venturing into a new market renowned for its discerning and affluent clientele. This market is brimming with well-established competitors, each offering a diverse array of high-end vehicles and bespoke services. The head of sales faces a formidable challenge: to devise an intricate personal selling strategy that not only sets their brand apart from competitors but also fosters enduring connections with potential buyers. In this fiercely competitive environment, how can the head of sales harness the power of data analytics, sophisticated CRM systems, and state-of-the-art technology to customize the sales process according to individual preferences and lifestyle choices?
- Type the correct answer in each box. Spell all words correctly. Which term describes a business that gives users access to the Internet for monthly, quarterly, or yearly charges? A(n) is a business that provides users the access to the Internet for monthly, quarterly, or yearly charges.How can a firm manage negative publicity or a crisis situation effectively?Develop a CRM program for a local store that sells apparel and gifts with your college’s or university’s logo. What type of information would you collect about your customers, and how would you use this information to increase the sales and profits of the store?
- H ow does customer loyalty contribute to long-term business success and profitability?Give very short answers to each of the questions below. Suppose you work in a corporate firm as a sales representative. What would your first approach be to a customer who is dissatisfied with a product you sell, what would you do? Explain what masks you wear and what roles you play as a customer in 24 hours.please help solve. very confused on how to go about this problem. thanks
- You are requested to select a sales organization which needs an Online Shopping app for Ecommerce Store to improve the business operations and promote sales. You need to conduct a research through the Internet and the available online resources for an Online Shopping you have selected. Plan your Research in such a way to examine the issues faced by organization in currently available information system and explore the other types of information systems which can be incorporated to enhance the existing system. After conducting the research prepare the following: 1. а. Write a short description of the chosen online Shopping/department and the information system currently used. b. List the business drivers of the information system based on the current system.How would you propose a business analytics, data science or AI initiative for a target organization? -what are the business objectives of your proposal. an example could be stated that the key business objective is to improve the customer experience by getting their inquiries addressed on timely basisI need to a full description of the role of each of these components listed below 1-9 for " BLOOD PRESSURE THAT IS A WIRELESS, REMOTE MONITORING DEVICE THAT CONNECTS TO A SMARTPHONE APP WITH ACCURATE MEASUREMENTS". And by referring to the above table: 1. Cover slide: The cover slide should include the product name, your company's logo, and any other relevant information. 2. Elevator statement: Provide a brief summary of the product, including its unique selling proposition, target audience, and benefits. 3. The clinical need: Describe the clinical need for the product and how it solves an existing problem. 4.The solution: Provide a detailed explanation of the product, including its features, benefits, and how it works. 5. The market: Describe the target market for the product and the potential size of the market. 6. Intellectual property (IP): Discuss any patents, trademarks, or copyrights related to the product. 7. R&D: Describe the research and development…