ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is a tactic for the strategy of training customer-service staff to reach the goal of improving this year’s customer service by 15% over last year’s:.
A
Scheduling customer-service training dates
B
Improving the customer waiting area
C
Increasing customer benefits
D
Offering customers a payment plan
Explanation: 

Detailed explanation-1: -Of the following, which is a strategy for the goal of increasing this year’s website sales by 9% over last year’s sales? c Letting people know the web address. A strategy for the goal of increasing this year’s website sales is letting people know the web address.

Detailed explanation-2: -What are the 4Ps of marketing? (Marketing mix explained) The four Ps are product, price, place, and promotion. They are an example of a “marketing mix, ‘’ or the combined tools and methodologies used by marketers to achieve their marketing objectives.

Detailed explanation-3: -Promotion refers to the various types of communication that marketers use to inform, persuade, or remind customers about their products.

Detailed explanation-4: -The 5 P’s of marketing – Product, Price, Promotion, Place, and People – are a framework that helps guide marketing strategies and keep marketers focused on the right things.

There is 1 question to complete.