Discuss the three factors that discriminate between successful and unsuccessful new financial services

What will be an ideal response?


The three factors that lead to success in new financial services are market synergy, organizational factors, and market research factors. Market synergy refers to the ability of new offerings to fit well with the existing image of a firm, to meet customer needs, and to receive strong support from a firm and its branches. Organizational factors include strong interfunctional cooperation and coordination and a clear direction for the development team. Finally, market research is conducted early in the development process with a clear idea of the type of information needed.

Business

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________ activities must be completed immediately before a particular activity.

A. Successor B. Merge C. Predecessor D. Burst E. Parallel

Business

Melody's Crafts 'N Things ? Andrea works for a retail shop called Melody's Crafts 'N Things. Andrea was often quite rude to customers when they annoyed her. One morning, her supervisor asked Andrea into her office and informed her that her behavior was unacceptable. To be rude to one customer could cause several customers not to come back. Andrea's supervisor told her that retaining a customer is much cheaper than trying to get a new one. After their constructive discussion, Andrea's boss told her that she wanted her to go out on the floor that day and attempt to be more helpful to customers. ? Over the next few months, Andrea began to help customers learn more about the different products in the store and often explained why the customer might want to purchase one product over

another. In doing so, she realized the importance of her role in the retail shop and began to truly enjoy her job. She started to think about the future of the company. She even thought that the company could do very well if it were to sell its products on eBay. When she brought this idea to her boss, her boss thought it was excellent, and asked Andrea to look further into the pros and cons of her idea. ? After evaluating Andrea's research, her boss decided to move forward with the idea, asking Andrea to head up this new venture for the company. Andrea then realized that retail is not just about making the sale; the customer should be the focus of all operations. Andrea now looks up to her boss, and is very glad that she was there to mentor her. Refer to Melody's Crafts 'N Things. Andrea should understand that all of the following are different types of utilities except A. form. B. time. C. possession. D. place. E. market.

Business

What is the penalty for a tax return preparer who willfully attempts to understate taxes, or intentionally disregards the tax rules and regulations?

A) $50 B) $250 C) $5,000 D) 20% of the understatement

Business

The ________ in a reporting system indicate the channel to be used for sending a report to a user and whether the report is to be pushed or pulled

A) metadata B) microdata C) network packets D) data structures

Business