Businesses should develop new processes that integrate the activities involved in the value chain. The different stages in business process engineering are as follows: create as-is model processes, create components, implement processes, and assess results.
Databases, blogs, and social networking help companies gather <u>information or data</u> to meet consumer needs through the development of products and services.
<h3>What is social networking?</h3>
Social networking can be defined as the way of connecting and interacting with people by using online platform.
Hence, Databases, blogs, and social networking play an important function as they help companies or organization gather <u>information or data</u> that will help them meet their consumer needs or wants through the development of products and services.
Learn more about Social networking here:brainly.com/question/1297932
#SPJ1
Answer:
Tide-All Inc. has more than 50 percent market share in the telecom industry, because no other company has invested in thisindustry before Tide-All Inc.
Explanation:
In marketing, first-mover advantage can be regarded as competitive advantage which is gained by initial significant occupant of particular segment of the market. first-mover advantage can also be regarded as ability of a firm to be better off compare with it's competitors due to the fact that it is the first to market new product category. For instance, Tide-All Inc. has more than 50 percent market share in the telecom industry, because no other company has invested in thisindustry before Tide-All Inc.
The answer to the question above as to which is not a form of compensation is fixed working hours. Compensation can come to different forms and it includes bonuses, awards, promotion and higher opportunity to once career. Working on a fixed working hours is not a form of compensation because it is a standard form of employment. We can say that a Flexible working schedule or hour will be a compensation because it is a form of an advantage to the employee.
Answer:
d) Profit center
Explanation:
A profit center is a separate unit of a firm which incurs costs and generates revenue for the company. It is the division of the company that is in charge of earning money and creating sales. It is therefore a separate segment of the company which use of its resources to bring revenue for the company, and profits and losses of the division are estimated separately from other segments.
The importance of the profit center is that it makes it easy to identify the division within a company that least profitable and most profitable.
Therefore, the sales department of Mega Inc. which sells the various models of blankets it produces is a profit center.
I wish all the best.
