Many companies are beginning to realize that they are not really market and customer driven, they are product and sales driven. In the attempt to transform themselves into true market-driven companies, firms are required to change

Describe and explain what changes are necessary.

To be truly market-driven, companies need to develop a company-wide passion for customers, organize around customer segments instead of around products, and develop a deep understanding of customers through qualitative and quantitative research. Additionally, the organization must be creative; the firm must build capability in strategic innovation and imagination. This capability comes from assembling tools, processes, skills, and measures that let the firm generate more and better new ideas than its competitors.

Business

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An agency arrangement based on the conduct of the two parties is what type of agency?

A) Inherent B) Implied C) Express D) Apparent

Business

Although organizing drives may be unsuccessful, when unions achieve their goal to become the exclusive bargaining agent, the next step is to ________

A) hold a certification election B) enter mediation C) negotiate the contract D) vote to accept the contract E) administer the contract

Business