answersLogoWhite

0


Best Answer

The industry in which your business operates

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What should you understand first when analyzing the technology needs of your business?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Marketing

How should we integrate e-business strategy with existing business and IS strategy?

How Management of Technology Innovation integrated with business strategy


What should you known before preparing business proposals?

Before you write a business proposal, you must first understand the target market of the business, the current market condition, the target audience, the current resources and the long and short term goals. There are several ways or types if creating a business proposal that one should take note of. These are: 1. Formally Solicited 2. Informally Solicited 3. Unsolicited Such types also has components on how to present business proposals. These are the organized ways of presenting business proposals.


How long should a business plan be?

How many pages should a Business Plan have?


When writing a business proposal you should do what?

A business proposal should give a unique proposition to show how this business will source clients. The business should give a break down of operations, estimate costs and the proposed returns.


How often should a marketing plan be revisited?

As often as needed...(old answer but still true) How often you come back to your "marketing plan" should really depend on your business plan. There are many different types of business plans, some people actually confuse their marketing plan with the business plan and you should understand the difference to start with. Your business plan should be an overall strategy of how your business should be ran and how that will translate into revenue and how you plan on achieving this. Of course part of this overall strategy should include marketing, but this is only one part of the document. When you are setting up your business plan you should set targets, goals and other metrics that should be measured and workers or employees should be made accountable to. These are the guidelines that should be used to tell how often you need to go back to the drawing board on your marketing plan or at least when a tweak is needed. Checking your effort compared to the return you are seeing on lead captures, sales or whatever other metric is important to your business should be measured at least weekly to assure that you are on track an not just spinning your wheels.

Related questions

What is business technology?

Business technology optimization is the action of optimizing your business technology. This should be done by technology savvy people and should never be attempted by the secretary.


What is business technology optimization?

Business technology optimization is the action of optimizing your business technology. This should be done by technology savvy people and should never be attempted by the secretary.


what are the strategies for shoe business?

To lead a better business i think, analyzing your competitors and listing the number of customers purchased from the shop are some of the strategies that should implied in the business.


How should we integrate e-business strategy with existing business and IS strategy?

How Management of Technology Innovation integrated with business strategy


What are the roles and importance of technology management?

Technology management involves various roles. In a large business, managing company servers is of the utmost importance and business owners should make sure they are well maintained.


What are the objectives of analyzing a business?

To find whether it is profitable and efficient, and in what ways; to see whether there can be or should be changes made and where and in what ways; to decide on the feasibility of a proposed project or projects.


When making hardware decisions the overriding considerations of a business should be technology cost and currency?

True


How much should business IT support cost?

Business IT support should save time for all other divisions of the business. This would increase productivity in the business as routine task can be performed quicker. This would increase the profits of the business - unless the IT support cost more than the technology increases the business.


Is Information Technology only an enabler in a business and should not drive the business strategy?

Information Technology can be a critical enabler in supporting and enhancing business operations. However, in today's digital age, IT can also play a strategic role in driving innovation, competitive advantage, and market differentiation for businesses. Therefore, businesses should consider IT as both an enabler and a driver of the overall business strategy.


Why should you use Wireshark?

WireShark is a great tool for analyzing networks, finding bottlenecks, or for analyzing attacks.


Why should any business consider waiting a little while before purchasing a new technology?

The price of the new technology might decrease as it becomes more common.


What should an experimenter do after analyzing data?

scientist analyes their experiment