Under the business model canvas (BMC), what components are related to customers?
a. customer segments, channels, and customer relationships
b. customer segments and value proposition
c. customer segments and key activities
d. customer segments and channels only
a. customer segments, channels, and customer relationships
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When qualifying sales prospects, Jason places each lead in one of four baskets ranging from A to D with A leads the best and D leads the worst. Using this method of categorization, the appropriate strategy for "C" leads would be:
A) do nothing currently, but monitor the lead for possible future changes B) contact the lead using telemarketers C) receive a sales call from one of the firm's salespeople D) send the lead marketing materials and encourage them to make inquiries if they are interested
All of the following basic consideration questions are important for those whose responsibility includes setting prices on goods that cross borders except:
A) Does the price reflect the product's quality? B) Is the price competitive given local market conditions? C) Does the local market use target costing? D) Should prices differ with market segment? E) Do the foreign country's dumping laws pose a problem?
The amortization of bond discount increases the effective interest expense incurred each period for the issuer while amortization of bond premium decreases it
a. True b. False Indicate whether the statement is true or false
This question has two parts; be sure to answer both. First, list and describe the three parts of compensation. Second, consider this situation: Felix earns a $45,000 yearly salary as the store manager of a local McDonald's franchise. The owner of the franchise pays for medical and dental insurance for Felix and his family. In addition, Felix can earn a $1,000 bonus for each month the store exceeds $250,000 in revenue. Explain how Felix's compensation breaks down into the three different parts of compensation.
What will be an ideal response?