Value proposition design Samenvattingen, Aantekeningen en Examens

What is the simple definition of marketing? - Answer- managing profitable customer relationships goals of marketing activity - Answer- 1. Attract new customers by promising superior value 2. Keep and grow current customers by delivering customer satisfaction Define Marketing - Answer- A social and managerial process by which individuals and groups obtain what they need and want through creating and exchanging products and value with others. Simple Model of the Marketing Process - Answe...

Role of Marketing - ANSWER marketing is engaging customers and managing profitable customer relationships. the aim of marketing is to create value for customers in order to capture value from customers in return goal: attract new customers by promising superior value and to keep and grow current customers by delivering value and satisfaction marketing is selling and advertising but also satisfying customer needs. the aim of marketing is to make selling unnecessary. engage consumers effecti...

Define marketing and describe the five-step model of the marketing process. (textbook, pp. 5–7) Create value for customers and build relationships   Understand the marketplace and customer needs and wants.  Design a customer-driven marketing strategy.  Construct an integrated marketing program that deliver superior value.  Build profitable relationship and create customer delight. Capture value from customer in return  Capture value for customers to create profits a...

Business model canvas Correct Answer is a strategic management tool to quickly and easily define and communicate a business idea or concept Customer segments Correct Answer the different groups of people or organization on an enterprise aims to reach and serve, heart of any business model Mass market Correct Answer one large group with broad needs/problems Niche market Correct Answer specific and specialized Segmented Correct Answer slightly different needs (ex: economy and 1st class...

HRD1501 EXAM PREP LATEST Changes Related to our countries human capital In the past few decades south Africa has undergone some major changes, we are now connected to the global community where everyone is free to express themselves and human rights and democracy is no longer optional. There have been legislative changes and woman have also taken their rightful place in all areas of life. Education at all levels has become one of the major focus points. The Role HRD plays in an organisa...

Define the AWS Cloud and its value proposition - correct answer AWS Amazon Web Services (AWS) is a secure cloud services platform, offering compute power, database storage, content delivery and other functionality to help businesses scale and grow. Millions of customers are currently leveraging AWS cloud products and solutions to build sophisticated applications with increased flexibility, scalability and reliability. Define the benefits of the AWS cloud including: - correct answer -Trade...

Marketing correct answers a process by which companies create *value* for customers and build strong customer *relationships* in order to capture value from customers in return. Always starting from and focused on *consumer need* Marketing Myopia correct answers short sighted and not open minded to new ideas. An inward looking approach of marketing that focuses on the needs of the company/product instead of defining the company and its products in terms of the *customer's needs and wants.* ...

UX Design Latest Version Graded A+ UX User Experience (UX) involves a person's behaviors, attitudes, and emotions about using a particular product, system or service. User experience includes the practical, experiential, affective, meaningful and valuable aspects of human-computer interaction and product ownership. UX practitioners try to make things work better for everyone. The UX field overlaps with a lot of other disciplines. UI is the space where interactions between humans ...

Role of Marketing - marketing is engaging customers and managing profitable customer relationships. the aim of marketing is to create value for customers in order to capture value from customers in return goal: attract new customers by promising superior value and to keep and grow current customers by delivering value and satisfaction marketing is selling and advertising but also satisfying customer needs. the aim of marketing is to make selling unnecessary. engage consumers effectively...

WGU D426 V2 QUESTIONS AND ANSWERS WITH CERTIFIED SOLUTIONS The relationship (within the relation) that describes how the value of one attribute may be used to find the value of another attribute. Functional Dependency 3 MULTIPLE CHOICE OPTIONS An attribute that can be used to find the value of another attribute in the relation. Determinant 3 MULTIPLE CHOICE OPTIONS Value can be used to find the value of every other non-key attribute in the table. Unique and minimal. Candidate K...