Imagine that you are opening a store that offers landscaping supplies to homeowners. Select which methods you would use in creating your plan for the business.

What will be an ideal response?


Social media research; Google Maps to identify competitors in the local area; talking with family and friends about what they like and don’t like about current services; visit competitor sites; understand the competition; obtain a “wish list” from competitor customers; observe pricing, staff, schedules, location, etc.

Business

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The ________ communicates the reasons to buy a product/ service to a specific customer group

A) mission B) core strategy C) marketing mix D) objective

Business

A leadership vision consists of four related components. List and discuss each of these components and how they contribute to the vision.

What will be an ideal response?

Business

Pick a country that has recently dealt with severe currency devaluation and research how that devaluation has affected foreign investment and holdings in that country.

What will be an ideal response?

Business

Taylor Products Inc has an $5,000 unfavorable flexible budget variance for October. Which of the following statements is true, if October's flexible budget net operating income was $175,000?

A) Taylor's static budget must have showed a net operating income of $180,000. B) Taylor's static budget must have showed a net operating income of $170,000. C) Taylor's actual net operating income must have been $180,000. D) Taylor's actual net operating income must have been $170,000.

Business