Changes to business strategy are not usually included within the scope of change management.
A business strategy is the combination of all the decisions and actions a company makes to achieve its business goals and ensure its competitiveness in the market. It's the road map to your desired destination and the backbone of your company. If this roadmap goes wrong, your company can get lost in an overwhelming horde of competitors.
A business goal without a strategy is just a dream. Entering the market without a well-planned strategy is nothing but a gamble. As competition intensifies, the importance of business strategy becomes apparent, and the variety of business strategies used by companies has greatly increased. Here are five reasons why your business needs a strategy.
learn more about the scope of management here: brainly.com/question/13918732
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Answer:
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Explanation:
The main factors that affect location decisions include regional factors, community considerations, and site-related factors. Community factors consist of quality of life, services, attitudes, taxes, environmental regulations, utilities, and development support.
Answer:A. Leontief assumed that U.S. and foreign technologies were the same, while the Heckscher-Ohlin model assumes they are different
B. Leontief ignored land abundance in the United States
D. Leontief’s test distinguished between skilled and unskilled labor, but ignored capital.
Explanation:Leontief paradox is a Russian-American economist, his work was based on the work of Wassily W. Leontief he attempted to test the Heckscher–Ohlin theory ("H–O theory") empirically.
in economics tries to explain that a country with a higher capital per worker has a lower Capital per labor ratio in export than when compared to Import.
LEONTIEF IGNORED THE ABUNDANCE OF LAND IN MAKING HIS ASSUMPTIONS
HE ALSO CLASSIFIED THE U.S TECHNOLOGY AND OTHERS AS THE SAME WHICH IS NOT IN LINE WITH THE H-O MODEL ASSUMPTION.
LEONTIEF THEORY IGNORED CAPITAL DURING HIS TEST.
C. money is often not reinvested into the country
Group of answer choices.
A. Most online shoppers will only buy products if they can voice their opinions about them after the purchase.
B. Most online shoppers search the Internet for ratings and reviews before making major purchase decisions.
C. Negative consumer feedback can actually attract more customer interest in the product.
D. Allowing consumer feedback makes it less likely that consumers will provide their feedback.
E. Consumers are more likely to say positive things about companies that value their opinions.
Answer:
B. Most online shoppers search the Internet for ratings and reviews before making major purchase decisions.
Explanation:
Customer relationship management can be defined as a strategic process which typically involves combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction. Thus, this set of employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.
This ultimately implies that, customer relationship management is focused on developing an ongoing connection between a business firm (organization) and all of its customers, as well as potential customers.
Hence, it is very important for Prime Computers to encourage customer feedback on its website and as a policy because most online shoppers (customers) usually engage in an online search in order to see other customer's ratings and reviews of company's product or service before making major purchase decisions.
