Assignment 3 Management 390 Principles of Business:
Question 1 Explain the 3 types of business models and their differences. (B2B,B2C,C2C)
Distinguish between consumer products and business products.
Question 2: What is relationship between market segmentation and target marketing?
Give some examples of market segments that you are personally in.
Question 3: Identify and describe the four strategies that blend to create a marketing mix.
Question 4: Define supply and demand chain?
This is an example of “continuous innovation” as mentioned in the Grateful Dead article.
How can these processes be used as a competitive advantage for a business and why is this area of such interest today?
Question 5: What is a “Globally Integrated Enterprise”?
Why are transformational leaders needed in industry to drive companies to this business model?
In the article“7 Business Lessons from The Grateful Dead” it talks about the “experience economy”.
How does that relate to the Globally Integrated Enterprise?
Question 6: What advantages does the use of social networking tools bring to the business world?
Give a couple of examples where you see the use of this technology influencing existing business models.
The Grateful Dead article brings up the concept of “business tribes”.
How can the use of social media facilitate that concept and why is it of value to companies?
Question 7: Where do companies see the opportunity for the greatest return by becoming a “social business”?
Question 8: What does “Customer Service is the New Marketing“ mean?
How does this relate to the “be kind to your customers” statement in the article?
Question 9: Why is a business plan and strategy so important to any business or to anyone thinking of starting a business?
Why is it important to understand your business processes and functions and keep them “in house”?
What are the 4 types of plans that every organization must have?
Question 10: Traditional roles are changing in businesses.
Why is it critical that the CIO and the CMO work closely together today in order to facilitate the business transformation that most companies must accomplish to stay competitive?
What Students Are Saying About Us
.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐"Honestly, I was afraid to send my paper to you, but you proved you are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"
.......... Customer ID: 11***| Rating: ⭐⭐⭐⭐⭐
"This company is the best there is. They saved me so many times, I cannot even keep count. Now I recommend it to all my friends, and none of them have complained about it. The writers here are excellent."
"Order a custom Paper on Similar Assignment at essayfount.com! No Plagiarism! Enjoy 20% Discount!"
