Answer: Li can look for new ideas from different sources such as her career interests, problems she encountered on her job and suggestions from friends
Explanation: Great ideas are developed from a need to fix a problem. In searching for a new idea its encouraged for one to consider fixing a problem could be from a previous work environment. New ideas also come from ones interests such as a career path, a hobby or a passion. Alternatively, the importance of discussing ideas with friends and families can not be overemphasized as they know you best and can proffer great solution.
Netflix is using the digital marketing technique of using measurable, data-driven information to add customer value.
This digital marketing technique of creating a list of potential films based on Lander's film screening history helps Netflix generate value for the customer, generating benefits such as:
- reduction in the time the client looks for a film.
- greater customer loyalty.
- creation of relationship and interaction between company and customer.
Therefore, artificial intelligence uses data to create value for the consumer, making the experience more targeted and aligned with consumer tastes and preferences, which makes the company better positioned and competitive in the market.
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He formal decision-making process used when considering the economic feasibility of implementing information security controls and safeguards is called a CBA
WHAT IS A CBA ?
CBA stands for cost benefit analysis .
Businesses utilize a cost-benefit analysis as part of a systematic procedure to determine which options to take and which to ignore.
The cost-benefit analyst adds up the potential benefits anticipated from a circumstance or course of action before deducting the overall expenses related to that course of action.
It has the following benefits -
- Increased income and sales as a result of greater production or new goods.
- Benefits that can't be seen, such higher employee morale and safety, as well as increased consumer satisfaction via better products or quicker delivery.
- Gained market share or a competitive advantage as a result of the choice.
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Answer:
Fragmented Retail system
Explanation:
A fragmented retail system can be defined as a market in which no firm can has or can exert any influence to move the market in a particular direction.
This simply means that a fragmented retail system is one in which no product or firm has a grip or major share in the market. This leaves the market to a lot of small and medium scaled businesses competing with larger companies.
From the question, it can be seen that there a lots of small stores that serves the neighborhood. This means that the small shops cater for the needs of people within its vicinity such that there isn't any need for visiting larger stores.
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