Question: How can being close to your customers give you a competitive advantage?

How can being close to your customers give you a competitive advantage?

Step by Step Solution

★★★★★

3.39 Rating (171 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

If you are close to your customers you will know when p... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

181-B-M-L-G-M (84).docx

120 KBs Word File

Students Have Also Explored These Related Management Leadership Questions!

Q:

3 Suppose that instead of measuring shortage in terms of cost per shortage year, a cost of S dollars is incurred for each unit the firm is short. This cost does not depend on the length of time...

Q:

Can you comment on this statement: "no competitive advantage lasts forever." what does this mean.

Q:

How can a company achieve a competitive advantage in this industry? How can you enhance revenue and profits from existing elements. This will require analyzing their current revenue streams and...

Q:

How can a small business owner create competitive advantage with a channel of distribution?

Q:

How can being close to your customers give you a competitive advantage? Describe the techniques that a business with which you are familiar has used to prevent business failure.

Q:

How can being close to your customers give you a competitive advantage? Describe the techniques that a business with which you are familiar has used to prevent business failure.

Q:

PLease answer all 4 questions or none at all Is workforce diversity as important to small businesses as it is to big businesses? Why or why not? Why are small businesses more likely than large...

Q:

Answer these 7 questions by repeating the question followed by your response. Please provide a multiple sentence response to each questions (typically 4 to 7 sentences each as a guide). 1. How would...

Q:

How would you define small business ? 2. Name a company that seems large but might be classified as small because it has relatively little impact on its industry. 3. Large businesses depend on small...

Q:

1. How would you define small business? 2. Name a company that seems large but might be classified as small because it has relatively little impact on its industry. 3. Define outsourcing, and...

Q:

by Vicki Jayne / business excellence Built to Last How to fill performance gaps How do you build a strong performance ethic into your organisational culture? Vicki Jayne talks to two executives who...

Q:

(a) For a particle moving in simple harmonic motion, the position can be written x(t) = xm cos wt. What is the velocity vx(t) as a function of time for this particle? (b) Using the small-angle...

Q:

Assume that you were a member of the Crazy Eddie audit team in 1986. You were assigned to test the clients year-end inventory cutoff procedures. You selected 30 purchase invoices entered in the...

Q:

Evaluate the limit using the Basic Limit Laws and the limits lim k c x 2 4 = c 2 4 and lim x c k = k . ( Use symbolic notation and fractions where needed. ) lim x 6 x 3 2 1 x 1 0 2 - 1 =

Q:

For the following statement , determine whether each of them is "True" or "False". "True" means "always true" and "False" means "not necessarily true". Explain your answer If G is 3-connected, then...

Q:

For the following statement , determine whether each of them is "True" or "False". "True" means "always true" and "False" means "not necessarily true". Explain your answer A subdivision of a...

Q:

A 2. Purpose: practice algorithm design using dynamic programming. A subsequence is palindromic if it is the same whether read left to right or right to left. For instance, the sequence...

Q:

C1. Purpose: Apply various algorithm design strategies to solve a problem, practice formulating and analyzing algorithms, implement an algorithm. In the US, coins are minted with denominations of 50,...

Q:

Given a request signal in the clock domain A and a grant signal in the clock domain B, how to process the handshaking between request-grant with the request crossing from domain A to domain B?...

Q:

Joe Jernigan executed a note payable to Mbank Houston, N.A. Mbank indorsed the note to the Federal Reserve Bank of Dallas. When Mbank became insolvent, the Federal Deposit Insurance Corp. was...

Q:

Once your team has developed its marketing strategy, find another team in the class that has worked on the same example. Take turns presenting your information to each other.

Q:

Working in teams of no more than three, choose one of the two examples to work on. Develop an outline for a comprehensive marketing strategy for the company and the product. Be specific in defining...

Q:

Danny Stein faces several problems with eMusic, some with conflicting ends. What problems do you see?

Q:

What is source code? any software whose source code is made available free for any third party to review and modify contains instructions written by a programmer specifying the actions to be...

Q:

What is the firm's dividend payment in the current year? What is the firm's net income in the current year? Answer format: Number: Round to: 0 decimal places

Q:

Hi, please answer these questions it will be appreciated :) Thanks! Can you also please check my answers :) Consider the case of Badger Corp. Badger Corp. has 9% annual coupon bonds that are callable...