Incomplete question. However, I provided added explanation of the term value proposition.
<u>Explanation:</u>
<em>What is the value or usefulness of this service or </em>product<em> to me? </em>By clearly telling your customers satisfying answers to the raised earlier you have communicated an effective value proposition message.
So in other words, an organization should have strong convincing value propositions; so that <em>majority </em>of your intended target market would not resist using that product or service for another alternative.
Answer:
have
Explanation:
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Answer:
Unique skills and personality
Explanation:
Every potential founder or entrepreneur have skills and personality unique to them. However, as a founder, one would hardly rely on combination of skills but a unique skill that will make him concentrate and make his business efficient.
Businesses need different skills to grow hence requires business founders to have a unique skill and personality and tailor them to the business. As a business continues to grow, it will get to a point where not just having skills will be enough but the unique and relevant skill that will help to create a more efficient and capable business .
Also as a business founder, one would likely perform different roles as at when required. However, one would discover that he is better on some roles compare to other roles due to having this unique skills and personality hence performs optimally.
Answer:
dumping
Explanation:
Dumping in international trade refers to exporting goods to another country at a lower price than in the domestic market. A company or country involved in dumping may sell goods in a foreign country below the production cost. The objective is to gain market penetration and acquire a sizable market share in the targeted country.
Dumping enables customers in the importing country to buy goods at a lower price. However, it may kill local industries leading to the closure of businesses and layoffs.