Question

In: Operations Management

3. Your goal as an account manager is to leverage your product to assist customers. Which...

3. Your goal as an account manager is to leverage your product to assist customers. Which of the following steps will you take to achieve your goals?

S1: By creating product awareness to the right kind of stakeholders

S2: By reducing the price of your product and services

S3: By creating an authentic product which is in line to customer requirements

a.            S1

b.            S3

c.             S2 and S3

d.            S3 and S1

Solutions

Expert Solution

The Correct Answer is (d) S3 and S1

Account manager basically responsible for the sales and relationship with customers for the company. The account manager fills the gap between the sales team and the customer service team. The main role of the account manager is to market and promote the product or services to the right kind of customers and other stakeholders. The account manager needs to communicate clearly with the customers or clients and promote the products properly to keep the customer requirements in the mind.

Account managers would be directly connected with the customers and other stakeholders that would get direct feedback about the product or services and will get to know about customer requirements and needs. By keeping these needs and requirements in mind, the account manager will help the management and production department to improve the product or services as per the customer requirements.


Related Solutions

You want to assist customers in building trust with your company. Discuss with your manager three...
You want to assist customers in building trust with your company. Discuss with your manager three VPN deployment trust building measures that can be used to support these customers, and comment on the related cost to achieve them.
Which of the following should be the goal of the financial manager?
Which of the following should be the goal of the financial manager? to maximize market share to maximize current stock value to maximize profit to maximize earnings
As a Manager, your goal is to maximize profit of your business.Assume you are in...
As a Manager, your goal is to maximize profit of your business. Assume you are in charge of managing your company's costs - you are the Controller of Accounts and all purchases must be approved by you. With appropriate examples, illustrate how you and your Division will contribute to maximizing profit of your business.
You are the manager of a gas station and your goal is to maximize profits.
You are the manager of a gas station and your goal is to maximize profits. Based on your past experience, the elasticity of demand by Texans for a car wash is -4, while the elasticity of demand by non-Texans for a car wash is -6. If you charge Texans $20 for a car wash, how much should you charge a man with Oklahoma license plates for a car wash?$1.50$15.00$18.00$20.00
Which of the following is not an appropriate primary goal for a corporation's financial manager?
Which of the following is not an appropriate primary goal for a corporation's financial manager?A. 0 Maximize shareholder wealthB. 0 Maximize stock priceC. 0 Maximize the number of shares of stockD. 0 Maximize the value of an all-equity firm
You are the manager of a gas station and your goal is to maximize profits. Based...
You are the manager of a gas station and your goal is to maximize profits. Based on your past experience, the elasticity of demand by Ohioans for a car wash is -3, while the elasticity of demand by non-Ohioans for a car wash is -1.5. If you charge Ohioans $9 for a car wash, how much should you charge a man with a Kentucky license plate for a car wash? A. $6 B. $15 C. $18 D. $9
You are the manager of a gas station and your goal is to maximize profits. Based...
You are the manager of a gas station and your goal is to maximize profits. Based on your past experience, the elasticity of demand by Texans for a car wash is -4, while the elasticity of demand by non-Texans for a car was is -6. If you charge Texans $20 for a car wash, how much should you charge a man with Oklahoma license plates for a car wash? a. $20.00 b. $1.50 c. $18.00 d. $15.00
Your company currently sells its product with a 3% discount to customers who pay cash immediately....
Your company currently sells its product with a 3% discount to customers who pay cash immediately. Otherwise the full price is due within 30 days. Half of your customers take advantage of the discount. You are considering dropping the discount so that your new terms would just be net 30. If you do that, you expect to lose some customers who were only willing to pay the discounted price, but the rest will simply switch to taking the full 30...
Suppose you have a goal of having a balance of $1000 in your investment account. No...
Suppose you have a goal of having a balance of $1000 in your investment account. No matter what your initial conditions or target value happen to be, are you always guaranteed to reach your goal within 15 years? If your answer is "no", find a combination of variables that will justify your answer.
Which of the following statements is TRUE? Multiple Choice The goal of a corporate financial manager...
Which of the following statements is TRUE? Multiple Choice The goal of a corporate financial manager is to maximize the wealth of the firm’s lenders. A distinct feature of sole proprietorship is the separation of ownership and management. The goal of a corporate financial manager is to maximize the firm’s profit. Agency problem is the conflict of interest between a firm’s principal and its agent.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT