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Q: Which term best describes the strategy employed when a credit card company offers new customers 0 percent annual percentage rate for the first year?
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Mc donalds mission statement?

McDonald's brand mission is to be their customers' favorite place and way to eat and drink. They have a global strategy to achieve this mission.


What competitive environmental forces influence the firms strategy?

The competitive environmental forces influence the firms customers, rival firms, new entrants, substitutes, and supplies.


Why is marketing aspects extremely important in entrepreneurship?

In any business it is important, if not vital, to know your competitors and what you are going to be competing against, to develop and sustain competitive advantage. In addition, every entrepreneur marketing strategy must focus on customers and what they need, as these are make up the essence of marketing. Understanding your customers or the potential ones means to develop your marketing strategy around them, for without an adequate market plan, your business will not be profitable. Selecting the target market of potential customers is an important issue for every entrepreneur marketing strategy, achievable only if you divide the market into specific groups. In order to be able to run your business successfully, your target market needs to be large and sustainable.


Who uses penetration pricing?

Penetration pricing is mainly used by Supermarkets, to attract more customers into their stores. However, this strategy is now being used by small retailers too.


What is a business strategy?

== == Business strategy is about taking action to maintain once competitive advantage over a period of time. Explanation:- For me it's all about a method used in business. I know.It's Raymon Niez you know. Some companies believe in buying up a lot of other companies. This is part of their strategy... to try to gain market share, or to get more customers, and therefore more profit. Another strategy could be to sell something that no one else offers... a great strategy if you can figure out something brand new.If you are a pizza place that wouldn't be your strategy though... a zillion places sell pizza. So you have to come up with something else to help sell yours over the other stores. Maybe you offer more toppings for the same price, or your pizzas are bigger, or you deliver to a really large area in 30 minutes, guaranteed. Maybe your strategy is to not deliver at all, but to be a place where people come to play games or to go on a date. Whatever the strategy is, it is usually based on "how do I differentiate myself from the competition?" ... how do I make people want to come to me for a specific product or service? How you do that is your strategy... your business strategy.

Related questions

What is an Internet marketing strategy that attempts to involve customers and others not employed by the seller in activities that promote a product?

I think the Best internet Marketing strategy that can engage your employees and customers a like is Social Media marketing and in particular Facebook advertisements.


What are the four PS of Service Strategy?

• Strategy as a Perspective: This relates to vision, direction and the IT service provider's philosophy for doing business with its customers. • Strategy as a Position: This describes strategy in terms of the IT service provider's general approach to its service offerings (e.g. high value or low cost, emphasis on utility or warranty). • Strategy as a Plan: This describes strategy as a plan showing how the IT service provider will move from where it is today to where it wants to be. • Strategy as a Pattern: This describes strategy as a consistent way of making decisions.


What describes the grand strategy employed by the US in World War 2?

Stick and move, like muhammed Ali, Christopher Wallace, and any other enraged Black man at the time


What is the name of the strategy employed by Descartes in The Meditations?

The Ontological Argument


What powers does Gandalf have in the Battle of five armies What powers does he lack?

There is no mention of his powers in the battle. Other than providing the strategy that was employed, it describes him as sitting preparing some great last blast of power if they lost.


Grant's successful strategy for taking Vicksburg involved?

He employed a strategy known as a "siege" to capture the city of Vicksburg.


Who employed the military strategy of using the local geography to their advantage?

Military leaders throughout history, such as Hannibal Barca and Sun Tzu, have employed the strategy of using the local geography to their advantage in warfare. By leveraging natural terrain features like mountains, rivers, and forests, they could control the battlefield, ambush enemy forces, and gain strategic advantages in combat.


Which of the following is a strategy that would be employed by a humanistic psychotherapist?

Empathy, unconditional positive regard, and authenticity are strategies that would be employed by a humanistic psychotherapist. They focus on creating a supportive and non-judgmental environment to help clients develop self-awareness and personal growth.


The employed the military strategy of using the local geography to their advantage.?

Continental army


Who employed the military strategy of using the local geography to their advantage.?

Continental army


What is Hilton hotels corporation strategy?

Hilton Hotel has a customer relationship management strategy which is officially known as customers really matter. The strategy is pinned on the fact that employees who have a clear idea of the customers' want can engineer constant improvement.


what best describes the grand strategy employed by the US Great Britain and the other Allied Forces in World War 2?

The Allies agreed to use the bulk of their resources to defeat Nazi Germany first before focusing on Japan.