GreenTree Lawn and Garden Products is engaged in a review of the sales, costs, and profit projections for some new products to find out whether they satisfy the company's objectives. This activity is called business product development

Which two of the following are the key elements of a company's business model?

A. target market B. pricing strategy C. profit formula D. customer value proposition

Sophia is a valued employee in your department. She is positive and dependable but lacks ambition and has stagnated in her position this year. She also is consistently late on deadlines, although the work she turns in is usually flawless

Choose one of the performance evaluation methods discussed in the chapter and use it to evaluate the three most popular sets of criteria for Sophia. Explain why your evaluation method is strong or weak and how it could be improved. What will be an ideal response?