Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. There are three market segments in the simulation Explain in detail the reasons for your choice of the 2 segments that you want to

1. There are three market segments in the simulation

  1. Explain in detail the reasons foryour choiceof the 2 segments that you want to target.
  2. While designing the brands for your two targeted segments, whatcustomer needs and wantsdid you consider - top 5 (for each brand) only.
  3. Based on your design of the brands and thecost of components, how do they compare withprice customers are willing to pay.Be sure to back up your answers by showing the numbers.

2. Give your detailed reasons for your choice of first Sales Office - show the data that backs up your answer

3. Explain the importance of Cash Flow in a business - why is critical to keep track of balances in Cash Flow - refer to your Quarter 1 experience in your answer

4. From your understanding of IndustrySales Force Compensation: what are the key factors (in order of priority) you will consider toimprove the compensationmix in order tomotivate and retainthe sales force?

5. Explain your reasoning for the Fixed Capacity decision - why did you choose the fixed units increase number? Again, be sure to back up your answer by showing the data that supports it.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Risk Management

Authors: Clive Thompson, Paul Hopkin

6th Edition

1398602868, 978-1398602861

More Books

Students also viewed these General Management questions

Question

6 What is the balanced scorecard method?

Answered: 1 week ago