Question
In: Economics
Business Administration Identify the external customers in the job you have or in the profession you...
Business Administration
|
Identify the external customers in the job you have or in the profession you hope to enter. Do you believe that focusing on internal customers is as important as focusing on external customers? |
Solutions
Expert Solution
I want to be a management consultant. The external customers are the clients of the company who pays to the company to avail consulting services.
Internal customers are the employees, shareholders, creditors, etc. Employees are the most important internal customers for any business organization. I think focusing on the internal customers is as important as focusing on the external customers. External customers are important for the profitability and sustainability of the firm. Internal customers are important for the successful operation of the firm. A firm cannot be profitable without serving its external customers. On the other hand, the firm cannot mobilize resources, execute activities, serve its external customers without taking care of the internal customers. An unhappy workforce cannot make a firm efficient or effective. Similarly, unhappy investors can make it difficult for the firm to mobilize resources. So, internal and external customers are equally important for the success fo a firm.
Rahul Sunny answered 2 years agoRelated Solutions
Visit the Small Business Administration website at www.sba.gov (Links to an external site.)Links to an external...
(business administration-accounting concentration) Do you have an interest in the business operation of your chosen field?...
No matter what your business, to stay in business you have to attract and retain customers....
There are three main forms of external administration which each have their respective goals and processes....
Why are internal and external sources of information important to identify business trends?
Identify and critically explain the main features of the small business relief schemes for the administration...
Identify the following users as either external users (E) or internal users (I). a) Customers b)...
Identify the unique characteristics of auditing profession
Analyse the procedures regarding external administration and winding up.
Identify any four external factors that Business Intelligence must focus on for it to be effective...
- Use the bond term's below to answer the question Maturity 7 years Coupon Rate 4% Face...
- What experience have you had with Organization Development or with Change Management? Describe the organization, the...
- 1. Renfro Rentals has issued bonds that have a 12% coupon rate, payable semiannually. The bonds...
- Given an array of positive integers a, your task is to calculate the sum of every...
- Define “culture.” Software is defined by the Merriam-Webster Dictionary as "the programs that run on a...
- In humans, hypotrichosis (sparse body hair) is a rare autosomal recessive condition. Let h = hypotrichosis...
- Increase all of the listing prices by 5% for all listings under $500,000 and 10% for...