Robert is a widower raising 5-year-old twin boys. In 2013, after the plant where he had worked for 10 years shut down, he was ab
le to obtain part-time work that paid him $13,000.00 a year. He receives the earned income tax credit. If Robert receives a raise, so that he will earn $16,350, the earned income credit will be
<em>B. Creating an understanding of the business-to-business environment </em>
Explanation:
Competitive Intelligence (CI) <em>is the compilation of information available to the public on the rivals of an organization and the use of that information to achieve a market advantage.
</em>
Competitive intelligence objectives and goals involve discerning possible business threats and opportunities and allowing for quicker response to the actions and events of rivals, to apply appropriate and updated market analysis to ensure the strategic planning decision making.
Identity theft is the use of a persons identity to make transactions and payment after acquiring the personal or financial information of that person. The person whose identity was used would suffer the consequences of the defaulters action. This information include a persons name, finger print, credit card number, pin number, password, date of birth and so on for the aim of accessing the person finances.
<span>Initial
step in the strategic marketing process is to begin planning by conducting a (SWOT)
analysis. SWOT analysis, also called SWOT matrix, means the Strengths, Weaknesses,
Opportunities, and Threats that summarizes the evaluation of elements for a
project or business.</span>
1- One of the pieces of advice I could give the customer about lowering the balance sheet price is that this could generate different interpretations for the potential consumer, as there may be a perception that the price reduction of the product occurred due to the loss of product quality in relation to competing products.
2- There are other effective strategies for managing an economic crisis in addition to a direct reduction in the retail price, such as the psychological price strategy, which are the marketing techniques used by salespeople so that consumers respond emotionally to the product, and not a logical way, which generates a perception of greater benefit for the consumer, which can lead to increased sales without having to lower the price of the product.
