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3 years ago

4. What have been some of the causes of the changing busi- ness environment in recent decades?

Business

1 answer:

sammy [17]3 years ago

5 0

Answer:

The answer is below

Explanation:

Some of the causes of the changing business environment in recent decades are:

1. the commencement and development of technology

2. the economy

3. societal components

4. deregulation of several industries

5. Regional differences

6. the rise in white-collar workers, women, and older people in the workforce

7. a complex and varying level of workforce

8. rise in the number of small businesses.

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Lisa Smith has her age listed on her driver's license as being three years younger than it actually is. This is also how old she

Pani-rosa [81]

Answer:

Misstatement of age

Explanation:

Based on the information provided within this question it can be said that the term that describes what is happening in this situation would be Misstatement of Age. Like mentioned in the question this is a provision in many life insurance policies which adjusts the individuals premium to the actual price based on their age if there was an error with the individuals age in the policy. Which is exactly what has happened to Lisa Smith.

If you have any more questions feel free to ask away at Brainly

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3 years ago

Which of the following is not a physical surroundings factor influencing buying decisions? a. Time b. Sounds c. Scents d. Lighti

Tamiku [17]

Answer:

a. Time

Explanation:

Physical surroundings factor is a category of marketing situational influence . It involves visible things that play apart in influencing customers to either buy or not buy a good or a service. It includes scents, sounds (music played in a particular store) , lighting( the brighter, the better as it makes people to makes people decide practically) and the weather (wetter months influences people to buy sweaters, umbrellas & jackets and on summer, people are more likely to buy bikinis, vests, sandals etc.).

7 0

4 years ago

This is 1 question do not delete, mods. how am I supposed to separate a connect the lines thing without knowing the answers

raketka [301]

Answer:

Executive Summary - 2.

Products and Service - 3.

Market Analysis - 8.

Competitive Analysis - 5.

Goals and Strategy - 1.

Funding Request - 4.

Marketing and Sales - 6.

Organization - 9.

Financial Analysis - 7.

To successfully identify which information belongs to a specific business plan part, knowing the aim and order of each part is essential. You should realize how each part fits in the bigger picture.

Executive Summary - This is usually the beginning part of each business plan. Its deliverable is similar to the deliverable of the elevator pitch, or pitch in general. It should give key information on your company: mission statement, briefly highlight the financials and shortly describe the business operating. It should briefly tackle the problem at hand and just introduce the eventual solution.

Products and Service - It is always needed to explain your existing or planned product or service line, highlighting the benefits and key characteristics of your goods/services. A key component of this part is the suppliers' part, as it should be noted how many financial resources should be allocated to suppliers for materials and other prerequisites.

Essential information regarding products can vary. Some may require a special note on copyright laws, trademarks, or relevant policies in general.

Market Analysis - This is the part describing your comparison of several markets, the choice describing why you opted for that one, and the consumer characteristics in that particular market.

Here you need to utilize the needed statistics, carefully describing the size and potential of a market. Special attention needs to be given to consumer habits, purchasing power and relevant info telling us why that particular customer segment would opt for our goods/services.

Competitive Analysis - Since every industry or area of business operating has direct and indirect competitors (unless we're making a business plan for a monopoly, which is unlikely), it is essential to tackle their strengths and weaknesses.

Here you need to put info regarding your competitor's business operating, how it gains its competitive advantage (if applicable) and which particular characteristic makes the competitor's customers opt for that business in the first place (unique selling proposition).

Goals and Strategy - This part refers to the concrete recommendations you, as a business consultant, have for the company, given the identified problems and issues.

This should be a real, defined action plan that makes you differ from your competitors, giving you the opportunity to get a competitive advantage. The strategies and tactics included can differ industry-wise and are often related to a specific area of business operating where the company faces critical problems.

Funding Request - Mainly placed on the end or separated from the core of the business plan, the funding request is key when creating startups. This part should put out how many financial resources to put your business on track and how you plan to use them. A funding request should be created to approach investors and banks.

Sometimes, a funding request is used in a broader sense than the business plan, as in that case, the request needs to have a part of the business plan attached, next to the key info (funds needed to start the company).

Marketing and Sales - Once you have conducted the analyses and made the recommendations, an adequate sales and marketing plan should follow. This is extremely important if a key constituent of your strategy is the placement of a new product.

This part should include all things related to the marketing mix: advertising plan, distribution channels, promotion and PR activities... Also, a marketing budget should be carefully allocated and elaborated.

When it comes to sales, you should include the sales strategy and sales target/projection.

Organization - Usually placed at the beginning of the business plan, the organization part should describe the structure and the level of departmentalization in the company. It often includes a diagram visually representing the divisions in your company. Also, it should be described which obligations and duties fall under each department.

Financial Analysis - Often placed at the end of a business plan, this part is critical to the overall effect and integration of the business plan. It includes the financial history and financial success of your company (reports on revenue, EBIT, profit, loss, ROI...), as well as the projections that relate to what will happen after you implement the strategies elaborated in the Goals and Strategy part.

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3 years ago

My boss does not get the technical aspect of the job my group is trying to complete. I understand the intricacies of the project

Setler79 [48]

The given situation is called as “Expectation Management”

Explanation: 

"The management of expectations is one of the most powerful weaponry in psychological warfare. In managing expectations people instinctively disregard other people's thoughts and then use the technique intentionally, considering own ideas as they reveal them to other people."

The manager knows just well the essence of your venture, his point of view is a little different from yours and you have to understand his point of view (or even more) because he wants to comprehend yours.

Therefore, the manager is less involved in the execution and the technical aspects of operation than can the performance and how it works to meet its organizational goals. And that's how you should refer to the manager. Clearly, your ability to provide is limited, depending on how many hours you work every day.

Any requests he makes, create scope, calculate the cost (how fast), and ask him to give priority to other demands. On this basis, you can determine when you can provide what.

6 0

4 years ago

Why would those reviewing a business plan want to know the life cycle of a product?

emmainna [20.7K]

A business plan composes of many key components and one of this is the products and services. Therefore, when reviewing a business plan, the life cycle of the product is important because it would help establish expectations regarding how often the customer will need the business. The answer to this would be option D. Hope this helps.

3 0

3 years ago

Read 2 more answers