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1. The characteristics of asmall business's potential consumers are known as its _______.
1) need analysis
2) potential market share
3) marketing strategy
4) customer profile
2. To determine the market potential of a small business you first have to _______.
1) determine the mission and objectives of her enterprise
2) establish the needs and characteristics of her consumers
3) do market research
4) determine her market share
3. To determine the market potential of Diana’s Design to Dine Caterers, Diana first had to _______.
According to your textbook, probability is defined as a measure of the likelihood of a random phenomenon or a chance behavior.
A furniture maker sells three different styles of cabinets, including an Italian model. Formulate the problem as an LP model and solve using Excel.
Explain how Walmart adapted its strategy in other markets (give examples). What is the Geographical Setting in China?
Which of the following types of teams in an organization is established with a specific mission to develop something new or complete a specific task?
What is their competitive advantage? Could you form a cooperative strategy with any of the competitors?
If their 90 percent learning curve allows them to reduce their costs on each unit, what is the total cost of producing 100 units of the new product?
Identifying its marketing goals to direct its segmentation strategy
Contract law requires that parties enter agreements ‘freely and voluntarily’. Explain why the consent to a contract should be ‘free and voluntary’ and discuss factors that affect the ‘free and voluntary consent’.
Decision Making The rational model of decision making is an easy to follow, four step process to make a decision. It includes identifying the problem, generating solutions, selecting a solution, and implementing and evaluating the solution. Is this s..
Provide your rationale for the changes made including why it is efficient, how is this better financially and for human resources.
Discuss how technological forces will determine future change in health care.
Identify and discuss the key corporate social responsibility issues which are of major concern in an industry or public service organization of your choice.
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