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Business having multifunction and each functions are important and essential. Bu

ID: 373610 • Letter: B

Question

Business having multifunction and each functions are important and essential.

Business are depend on meeting customers, understanding needs and wants of customers, deciding pricing , understanding the level of competition and working according to competition.

Meeting with customers are very essential to acquiring more and more market and customers,meeting are vital for developing future prospect of business.

Meeting are develop through cold calls, references, through channels etc and following of meeting are take place step by step .

Understanding customers needs and wants another important elements in business process , without understanding the customers needs ,we can not offers products or services .Sales representative with polite way always try to understand customers needs and wants.

Pricing are depend on customers choices ,we have seen in several sales leads that customers are discussing very high quality products but final purchased poor brand so we must understand the what is the customer affordability limit and offers the price accordingly.

Sales representative must understand the comparative actions which are took by the competitors to fight for mature the leads .Sales representative must have strategy to tackle the competitors activities for that sales representative need to build a strong and good relationship with customers.

Sales representative must have a strong strategy to manage the competitors activities.

Decision are very much affects the end performance.Sales decision are very much affects the end performance .If sales decision will not come favour final performance low and other hand if sales leads are matured then end performance will be excellent.Sales representative end performance depend on the sales maturity of entire months .

Explanation / Answer

The simulation course is designed to expose the student to managing an integrated multifunctional business. Write 3-4 paragraphs about meeting customers, needs and wants, pricing, competitive actions and competitive response. how decisions impact your end performance.