Stores can make sure their employees are being incentivized when what they do benefits the customer and the store as a whole. Their main goal is to serve the customer because a happy customer comes back and refers their fiends. The employees can be rewarded on referral base actions, feedback cards and other ways that show management they are being honest and truthful to the customer.
Answer:
When any company wants to sale their product without prior knowledge of the market then it's a disaster.
First thing Jack can do is "Test Marketing". If any company has no knowledge of market then fastest way to know your market is test marketing. Jack must put his sweaters in small quantity for sale at different locations. Test marketing needs to be done for whole week. Jack needs to collect the feedback from its customers too. Feedback is the way jack can know the market. Without knowing the market and customers, it's really hard to market or sale your product. Feedback from test marketing activity will actually give him market knowledge and customer's feedback.
Answer:
d. lifestyle segmentation
Explanation:
Segmentation is the way in which various criteria is used to seperate the target market of a set of products.
In the given instance Janelle is involved in a lifestyle segment that is categorised on the basis of similar lifestyle.
She likes to run. This is a type of lifestyle, so the groups that she is involved with that also like running are an example of a lifestyle segmentation
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Answer: Leveraged buyout
Explanation:
leveraged buyout is a system of business concept that describes an acquisition of a company done by debts. Where a company acquires another through borrowing money to match the cost of the company being bought. Company assets are often used as loan for collateral in this case and they are often used to trade the profit of many private equity firms.
This is what the employees at Hidden Valley Communications, Inc. did.