BU111 - Final Exam 4(100% correct answers)

What are the estimation steps? correct answers 1. Clarify information 2. What are you trying to solve? 3. What information would you like to have? 4. Make assumptions 5. Identify assumption imperfections and refine 6. Check your numbers Population questions correct answers Insight: - Answer driven by population area Applications: - Market size/share - revenue - profitability -supply needed - saturation - competiotion Individual or household questions correct answers Insights: - calculate group consumable/demand Applications: - Market size/share - revenue -profitability Proxy (biggest driver of estimate or easiest variable to observe) questions correct answers Insights: - # of stores in an area; population/store Applications: - company revenue/profitability - market size - profitability - supply - saturation of market What are key success factors? correct answers 1. Financial Performance 2. Employees 3. Customers 4. Products and Services 5. Innovation 6. Distinct Competitive Advantage (uniqueness) How does the Diamond-E connect to other frameworks correct answers SWOT