Answer:
1. Reducing the randomness of your approach
Explanation:
Reducing the randomness of your approach guides your entry and closing points
Answer:
Selecting
Explanation:
The answer has been added into the question in this paragraph. It is in bold letters. Opportunity recognition is the process of identifying, <u>selecting</u>, and developing new venture opportunities.
when we talk about opportunity recognition we are talking about the ability to perceive new ideas, opportunities for a business or venture. as well as also being on the lookout for ways to improve. a person could just come up with new money making venture, or he could come up with ways to improve an existing venture.
Answer: B - Internal Analysis
Explanation: Internal Analysis involves a company looking inwards to determine it's competencies, strength, weakness and advantages. Internal anaylsis usually incorporates a SWOT analysis.
A SWOT analysis is the analysis of the strength, weakness, opportunities and threats of the organisation.
An external analysis involves analysing the market place and economy to identify trends and put measures in place to take advantage of current trends to ensure profit maximization.
Competitior anaylsis involves analysising the competitions of an organisation to identify threats and opportunities so as to maximaise profit
Client advantage can arise from building a loyal customer base that always patronise the business or having a company been one of the few producers of a product.
In the case of Gems Corps, they looked inwards and made improvements to how the company is run.
Therefore,Gems Corps made use of Internal Analysis.
I hope my answer helps.
Goodluck
Answer:
C. Maryann should specialize in the activity for which she has a comparative advantage.
Explanation: Being able to produce goods by using fewer resources, at a lower opportunity cost is comparative advantage. Maryann should specialize in the activity where she has this.
Answer: See explanation
Explanation:
According to James Grunig, professor emeritus of public relations at the University of Maryland, the five possible objectives for a communicator are:
• Message Exposure - This refers to situation when the intended people get exposed to the message that is being shared. Here, materials are provided to the mass media by the PR personel.
• Accurate dissemination of message - Messages must be passed across and communicated as clearly as possible without giving out false information or witholding back some information which is vital for the accuracy of the information delivered.
• Acceptance of the message - The message passed must be accepted by the person that's being addressed.
• Attitude change - There must be an attitude change after the message has been delivered as these shows acceptance and products should be purchased.
• Change in overt behavior - Overt behavior is openly seen and hence, there will be change in overt behavior and the goods will be purchased.
