The 4M's of Production in Relation to the Business Sales is an account title used to describe goods or merchandise sold by a business. What nature of business uses Sales? A. Servicing C. Merchandising B. Barber Shop D. Both Servicing and Merchandising Sales is an account title used to describe goods or merchandise sold by a business. What nature of business uses Sales? A. Servicing C. Merchandising B. Barber Shop D. Both Servicing and Merchandising Which of the following is the process or activities by which a company adds value to an article, including production, marketing, and the provision of aftersales service? A.Supply chain C. Prototype B.Value chain D. Business model Which of the following is the process or activities by which a company adds value to an article, including production, marketing, and the provision of aftersales service? A.Supply chain C. Prototype B.Value chain D. Business model Which of the following refers to the system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer? A. Supply chain C. Business model B. Value chain D. Prototype Which of the following refers to the system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer? A. Supply chain C. Business model B. Value chain D. Prototype Check on customer satisfaction for repeat sales. How to do it with customers? A. Build causal relationships. B. Build instant relationships. C. Build an open-term relationship. D. Build long-term for relationships. Check on customer satisfaction for repeat sales. How to do it with customers? A. Build causal relationships. B. Build instant relationships. C. Build an open-term relationship. D. Build long-term for relationships. Selling strategies can be done. Which are the strategies? A. Calling, draft, drop, bill, book, and advance strategies. B. Cold calling, consultative, direct, and persuasive strategies. C. Direct, candid, clear, bare, ahead, and actual basic strategies. D. Pointed, linked, lined up, head start and guaranteed strategies. Selling strategies can be done. Which are the strategies? A. Calling, draft, drop, bill, book, and advance strategies. B. Cold calling, consultative, direct, and persuasive strategies. C. Direct, candid, clear, bare, ahead, and actual basic strategies. D. Pointed, linked, lined up, head start and guaranteed strategies. What describes what the business wants to achieve, based on a set of assumptions? A. Business Plan C. Profit B. Demand D. Revenue What describes what the business wants to achieve, based on a set of assumptions? A. Business Plan C. Profit B. Demand D. Revenue What is an assumption of your business that also contains financial projections about the business for the next 3-5 years? A. Business Model C. Start-up costs B. Business Plan D. Value Proposition What is an assumption of your business that also contains financial projections about the business for the next 3-5 years? A. Business Model C. Start-up costs B. Business Plan D. Value Proposition It is a future prediction of your business finances as compared with statement, which provides details of actual results or progress it also assists you to meet your business goals. A. Potential Suppliers C. Cost B. Revenue D. Financial forecast It is a future prediction of your business finances as compared with statement, which provides details of actual results or progress it also assists you to meet your business goals. A. Potential Suppliers C. Cost B. Revenue D. Financial forecast It refers to company's plan for making a profit. It is a visual representation of current or new generally used by strategic managers and was developed by Alexander Osterwalder, A. product description C. Forecast Revenue B. Business Model D. 4M's of operations It refers to company's plan for making a profit. It is a visual representation of current or new generally used by strategic managers and was developed by Alexander Osterwalder, A. product description C. Forecast Revenue B. Business Model D. 4M's of operations What is defined as a description of the goods or services that a company offers and why they are desirable to customers or clients, ideally stated in a way that differentiates the product or service from its competitors and the primary component of the business model? A. Business Model C. Start-up costs B. Business Plan D. Value Proposition What is defined as a description of the goods or services that a company offers and why they are desirable to customers or clients, ideally stated in a way that differentiates the product or service from its competitors and the primary component of the business model? A. Business Model C. Start-up costs B. Business Plan D. Value Proposition This is basically the dream, the goal, and the target of an entrepreneur for his /her company. A goal which an entrepreneur aspires to achieve and at the same time, it is what differentiates it from others. What is it a high-level introduction to the company and business model? A. Business Plan C. Objectives B. Mission D. Vision This is basically the dream, the goal, and the target of an entrepreneur for his /her company. A goal which an entrepreneur aspires to achieve and at the same time, it is what differentiates it from others. What is it a high-level introduction to the company and business model? A. Business Plan B. Mission C. Objectives D. Vision Thank you for listening!!!