Answer:
E) The supervisor should identify and define the type of update needed.
Explanation:
The 5 stages of the organizational decision buying process are:
- Awareness and recognition
- Specification and research
- Request for proposals
- Evaluation of proposals
- Order and review process
The supervisor already passed stage 1 since he/she realized that their was a problem and it must be solved. The supervisor is currently in stage 2 since he/she must identify what type of software update is needed. The supervisor should try to be the most specific as possible including all the technical details that he/she is aware of.
Answer:
C
Explanation:
The recent global boom in the market price for scrap steel and aluminum<em><u> has led to a sudden rise in the theft of everyday metal objects like manhole covers, guard rails, and empty beer kegs.
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Answer: barriers to entry
Explanation:
Barriers to entry are also known as economic barrier to entry. They are hindrances which makes entering a particular market difficult by new entrant.
Barrier to entry are fixed cost that must be incur by a new company irrespective of their sales or production level, this cost are incur by new entrant which those who have been in the industry before do not have to incur.
Few common barriers to entry includes technology, government regulation and policy, economies of scale, etc.
Answer:
The correct option is D) Looking across complementary offerings
Explanation:
There are about 6 well-known paths to achieving a <em>Blue Ocean Strategy.</em>
Generally, the Blue Ocean Strategy (BOS) seeks to avoid locking horns with the competition by identifying niche areas that are critical to the attainment of a competition-free space. According to the BOS took kit, there are 6 paths to achieving a blue ocean strategy.
One of them is called looking across complementary offerings.
Another term for the Curve is Value Ramp. Value Ramp simply refers to a methodology for evaluating one's service/product offerings. It consists of a graph that plots a curve sloping upwards from left to right, showing the relationship between price and the value or perception of value being delivered by the business.
The principle offered here stated that the higher the perception of one's brand, the more one should be able to charge for their services.
Value is thought to increase as the business delivers more and more personalized services in a relationship-oriented fashion rather than generic products and services which are readily available off the shelf in most cases.
Cheers
The gathering of factual statements is an example of marketing research in its descriptive role.
<span>The descriptive role of marketing research is focused on the gathering of facts to explain the current situation of a market and/or marketing program.</span>
