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Advertising Strategies- Methods of introducing
businesses products and services to target markets.
Best
Practices Assessment- Evaluating a business’
current practices using industry standards to determine the
best methods and procedures for a business to function.
Best
Practices in Process Control- Applying scientific
process controls to improve efficiency, control cost or
increase profits based on how the business operates.
Business
Assessment- An independent and objective analysis
of a businesses options within a given market, product,
service or geographic location to determine the best
opportunity for business success.
Business
Development- An organized procedure used for
managing a project to establish, expand or remove a business
concept, operation, or facility.
Business
Management- Applying proven methods to organize
resources and practices for a functional business
enterprise.
Business
Partner- A company that shares its expertise,
resources and/or customers in support of another company’s
clients, projects or services.
Business
Plan- A formal presentation document that outlines
a businesses organizational structure, operational and
financial plans and strengths and weaknesses within the
target market(s) it plans to serve.
Case
Only Basis (CBO)- Reviewing individual unique
requirements to determine manageability.
Competitive Analysis- A process used to identify,
qualify and rank competitors by their comparative strengths
and weaknesses
Compilation- Compiling results required for
analyzing market and industry information collected during
research.
Consultant- A trained business professional with
expertise and experience in a particular area of business
management.
Consulting Services- Applying educational and
experiential knowledge to improve business understanding for
the owner, manager or team to increase the probability of
success.
Customer/Client- A person of business entity that
chooses to purchase products or services offered by a
business enterprise. They represent the most important
factor to a business in making decisions for generating
opportunities to increase market share, retention and
profit.
Delivery- The means for delivering products and
services to consumers sometimes referred to as distribution
channels.
Forecasting- Financial projections, based on
historical data, probability or rationalized information
derived from experience and education, used to project
future budget and revenue potential.
Human
Resource Management- Applied behavioral science
methods used to strengthen workforce management with regards
to identifying and retaining key personnel.
Industry
Analysis- Analyzing industry trends to project the
general direction of a business industry over the next three
years.
Market
Analysis- Evaluating the market to identify target
segments that represent a significant growth opportunity in
terms of size and revenue potential.
Marketing Communications- A method used to
determine type(s) of media to use for advertising.
Marketing Objectives- The objectives of marketing
are to grow the size of the business’ products/services
offered and increase market share and revenue.
Marketing Plan- A formal presentation
document that identifies how products and services will
enter a particular market segment.
Marketing Research- Reviewing market data to
determine access and identify a point-of difference with
respect to the competition.
Offerings- Types of products and/or services a
business makes available to target markets.
Operations Plan- A plan for defining and setting up
and operating practices for conducting business on a
day-to-day basis.
Planning-
Organized predetermined steps structured to improve
management of projects to obtain desired results.
Pricing-
The method for determining how much a consumer will pay for
any product or service.
Process
Development- An organized method for documenting
steps required to complete a service or function designed to
deliver products and services to customers.
Project
Management- A method to manage multiple tasks,
risk, contracts, budgets, time-lines and resources from
start to finish while maintaining control of project
constraints.
Quality Assurance- A methodology used to
analyze data to determine weaknesses or areas for
improvement to an existing process to increase efficiency
and satisfaction derived from process output.
Research-
A process for collecting all data required to analyze and
complete a plan including requirements for concept,
business, marketing, project and development plans.
Situation Analysis- An analysis of a company’s
strengths, weaknesses, opportunities, and threats often
referred to as a SWOT analysis.
Technical Writing- Method of writing used to create
or refine business documents for technical audiences that
are detailed, structured, and accurate. |