An enterprise can maximize profit by communicating effectively with consumers through personalized marketing strategies that resonate with their needs and preferences. Utilizing data analytics to understand consumer behavior allows businesses to tailor their messaging and offers, fostering stronger connections. Additionally, engaging through multiple channels—such as social media, email, and customer service—ensures that communication is accessible and responsive. Lastly, actively seeking and incorporating consumer feedback can enhance brand loyalty and drive repeat purchases.
to effectively manage the workplace and maximise efficiency and profit
False, the whole point of enterprise resource planning is to maximise profit for the enterprise while minimise cost to the enterprise. One socialy responsible way of minumising cost to the organisation is to do so in a way which benefits glabal organisations
consumers ability to have equal choices Added: Where a consumer makes choices about how much of a number of goods they will consume to maximise their total satisfaction (Utility).
Maximise has no prefix, since imise is not a word, although max is a root of maximise, meaning to enlarge, or having to do with increase in size.
The US spelling is maximize, the UK spelling is maximise (to get the greatest value).
The word 'maximise' means to get the most out of something. It might mean to make the most of an opportunity or give 100% effort in a certain task to maximise the reward.
Organisation should have objectives because any business unit or enterprise are based on some guidelines. Objectives is necessary inorder to know what any business is upto. How they are regulated. Are they to satisfy want or just maximise profit.
radar allowed the British to get their fighters in the air in the right place at the right time to maximise their opportunities to engage the Luftwaffe.
Their core purpose is to create value for customers to earn their lifetime loyalty. Tesco's objectives are to increase sales, increase market share, to maximise sales, to grow and maintain the number one retail company in the UK, and Tesco wants to do better than their competitors and remain the market leader. The main aim of Tesco is to maximise profit and to provide goods/services that is cheap and affordable to consumers or the public.
to maximise performance
To maximise their profit
To maximise profits.