Describing decision-making strategies

Assignment Help Business Management
Reference no: EM1328520

Courtney, a sales manager, and her team of six have been assigned the task of developing a marketing strategy for a new software product developed by her company. A couple of team members propose a business plan centered on a good price that would make the product affordable. Some members proposed a marketing plan around the value added by the product, and others felt that the focus should be on the brand. After considerable debate, the team cannot reach a consensus on the strategy. Determine the decision-making strategies Courtney can adopt to complete the task successfully.

Reference no: EM1328520

Questions Cloud

Autocratic-democratic or laissez-faire style : Will you chose to lead in an autocratic, democratic, or laissez-faire style, and why?
Supporting branding and positioning strategy : Select and evaluate at least three brand names and defend each brand's supporting branding and positioning strategy.
Jurisdictional requirements for filing lawsuits : What are the jurisdictional requirements for filing lawsuits in federal and state courts? List and define several approaches to constitutional interpretation.
Explanation of future value : Suppose on January 1 you deposit $100 in an account that pays a nominal, or quoted interest rate of 11.33463%,with interest added (compounded) daily.
Describing decision-making strategies : Determine the decision-making strategies Courtney can adopt to complete the task successfully.
The strategic formulation process : What is the strategic formulation process, and what are the two primary processes in the strategic formulation process?
Question on current value of stock : Stephens Development Company paid a dividend of$1.12 over the last 12 months. the dividend is expected to grow at a rate of 20% over the next 3 years(supernormal growth).
Different approaches to constitutional interpretation : Which approach best characterizes Justice Stevens' opinion of the Court in U.S. Term Limits, Inc. v. Thornton (1995)? Explain.Which approach best characterizes Justice Thomas's dissent in the same case? Explain.
Determine the company''s strategic initiatives : Determine what the company's strategic initiatives must be for the next year, two years, and five years. Explain how your suggested initiatives would help resolve the company's problems and meet new challenges. Briefly explanation

Reviews

Write a Review

Business Management Questions & Answers

  Explaining relationship-oriented leader

A relationship-oriented leader manages a restaurant and is in a very unfavorable situation.

  Evolution of sustainable development

Evolution of sustainable development

  Shrinking budgets challenge face by leaders

Analyse the following three key challenges that leaders today face when managing change and how you would diagnose or deal with those challenges.

  What is the role of a pilot project in information systems

What is the role of a pilot project in information systems analysis

  Deciding a prescription

Determine the following before deciding a prescription:

  Solution of time management

Determine a problem in your day-to day life you would like to solve, such as time management. Use APA formatting, as outlined in the APA manual, the APA 5th Edition Made Easy document, and the APA Format Checklist.

  Solution-focused learning process of diagnosis

Describe how the solution-focused learning (SFL) process of diagnosis, research, solution, implementation, and evaluation.

  Pertinent issues involved in following facts

Identify all of the pertinent issues involved in following facts. Apply the rules of law to the problems and describe what your decision will be as judge for a day. Support your answer clearly with reasons. Explain why. (Three points possible)

  Discuss implementing quality process improvement process

The department managers meet with you to discuss implementing a safety and quality process improvement process (PIP) within their departments.

  What is the nash equilibrium of the game

Diagram this simultaneous move game. b. What is the Nash Equilibrium of the game. c. Would the sides want to ban lawyers.

  How technology will transform business in future

Anticipate how technology will transform business in the future. Give specific examples to support your response.

  Need to a problem based on profit maximization

A clothing manufacturer produces clothing in five locations in the U.S. In a move to vertical integration, the company is planning a new fabric production plant which will supply fabric to all five clothing plants.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd