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Nesreen S.
HR Consultant and trainer for more than 8 years
Tutor Satisfaction Guarantee
Marketing
TutorMe
Question:

How can effective marketing help lower prices?

Nesreen S.
Answer:

Effective marketing can help in increasing demand, which in turn allows the company to increase production, that will lower cost per product and will result in the company charging less; allowing the customers to buy more which subsequently helps the company make more profit.

Management
TutorMe
Question:

Differentiate between efficiency and effectiveness.

Nesreen S.
Answer:

Efficiency is concerned with minimizing resource costs in completion of activities while effectiveness is concerned with getting activities successfully completed or attaining the set goals

Business
TutorMe
Question:

What are some of the fundamentals of running a successful business?

Nesreen S.
Answer:

Whether you are starting a small business or a huge corporation, some of the basics of a successful business are: - Creating and sustaining a customer - Offering high quality and reliable products and/or services - Helping customers with products and services that have proven to be successful - Charge a fair and competitive price - Customer satisfaction comes first - Manage your finances in order to cover your costs and make profit - Stay focused on what you do best while keeping an eye on competition - Hire the right people

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