Author Question: Customer service after a sale is an investment of time, money, and energy ________. A) That can ... (Read 142 times)

dejastew

  • Hero Member
  • *****
  • Posts: 562
Customer service after a sale is an investment of time, money, and energy ________.
 
  A) That can have a very high return on investment
  B) That has no return on investment
  C) That 250 other people will share
  D) That has a low return on investment
  E) All of the above

Question 2

How do you decide whether your competitive advantage is strong enough? Give an example.
 
  What will be an ideal response?


ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

A

Answer to Question 2

To decide if your competitive advantage is strong enough, the venture must do one of the following: sell to a market that is large and growing, sell to a market where the competition is able to make a profit, sell to a market where the competition is succeeding but is not so powerful as to make it impossible for a new entrepreneur to enter, sell a product or service that solves problems consumers may have with the competition, and sell a product or service at a competitive price that will attract customers.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

For a complete list of videos, visit our video library