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Contact [7]
4 years ago
5

In our lecture about Strategic fit, we learned that a company's competitive strategy defines the set of customer needs that it s

eeks to satisfy through its products and services, and its supply chain strategy determines the nature of procurement and transportation of materials as well as the manufacture and distribution of the product.
Business
1 answer:
tigry1 [53]4 years ago
4 0

Answer:

The approach is correct but it is necessary to complete the competitive advantage, with the addition that to meet the needs of the client, it is necessary to differentiate from the competition and that is what makes an advantage in the market. Example: Shampoo companies for men, being specialized for men's hair care, have a competitive advantage in the market for these products where the target is usually women.

In relation to the supply chain, the important thing is to obtain maximum efficiency in each of the processes. Example: That the time in elaboration of the products is the best in the market.

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Companies can find out a lot about customers by listening to (and monitoring) what they say on their social networks, blogs, rev
melisa1 [442]

A technique that companies use to monitor consumer activity is called sentiment analysis, which is a strategy that companies use to listen to their consumers through natural language processing, performing opinion mining through information technology.

<h3>Sentiment analysis benefits </h3>

Organizations are able to discover the motivations and needs of customers regarding their products and services, monitoring their opinions on social networks, blogs and websites, having greater feedback about the brand and being aware of possible related problems.

Therefore, sentiment analysis helps a company to improve the overall quality of its products and services, increasing perception and creating value for consumers.

The correct answer is sentiment analysis.

Find out more information about customers here:

brainly.com/question/25736669

7 0
3 years ago
What is economics, and how are the three sectors of the economy linked?
marysya [2.9K]

Answer:

This is a part of my Economic Resources doc and I'm not sure about the second part of the question but I hope it helps!

Explanation:

Economic Resources

For a firm (producer) to make any product, it needs to use ECONOMIC RESOURCES. These are INPUTS to be used together or combined efficiently to produce goods/services.

What you need to know:

What is a PRODUCER?

a person, franchise, brand or country etc. that makes, grows, or produces goods and services for sale to customers or consumers.

What is a RESOURCE?

a stock or supply of goods, materials, and products that can be bought  by a person or organization in order to function effectively.

What is an ECONOMIC resource?

Natural supplies that can be used to make a product. It is important for the success of the company.

Classification of Economic Resources:

Natural resources (LAND)

Natural resources are ones who are not man made and are there naturally. This could be land, light, water, electricity, etc.

Human resources (LABOUR)

Capital resources (CAPITAL)

Entrepreneurship (ENTERPRISE)

3 0
3 years ago
At its current output level, Pretty Flowers Florist has average fixed costs equal to $5.40 and average variable costs equal to $
lapo4ka [179]

Answer:

The correct option is D: $8.60

Explanation:

Average fixed cost of Pretty Flowers = $5.40

Average variable costs of Pretty Flowers = $3.20

We are asked to calculate the Average total cost of Pretty Flowers at this current level

Hence:

Average total cost Pretty Flowers = Average fixed cost of Pretty Flowers + Average variable costs of Pretty Flowers

If we substitute the value of these variables in the equation, we get:

Average total cost Pretty Flowers = $5.40 + $3.20 = $8.60

3 0
4 years ago
Read 2 more answers
Why do you think it is important to do what is right even when no one is looking
kirill115 [55]

It's important because if you were to get used to doing "something wrong", you might as well go into the habit until you get caught. Besides, it's best to do the right thing.

5 0
4 years ago
What are three important skills for teamwork and collaboration?
Gelneren [198K]
1. Communication
2. Loyalty
3. Honesty
7 0
3 years ago
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