Cross-selling stands for being able to offer to the existing bank customers‚ some additional banking products‚ with a view to expand banking business‚ reduce the per customer cost of operations and provide more satisfaction and value to the customer. For instance‚ when a bank is in a position to sell to a deposit customer (say saving bank or term deposit)‚ a loan product such as housing loan‚ credit card‚ personal loan or vice-versa‚ this would result into additional business and lead to low per
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1 MARKET POTENTIAL ANALYSIS: A METHODOLOGY FOR ESTIMATING THE MARKET POTENTIAL FOR COMPUTERS AND OTHER INFORMATION TECHNOLOGIES Kenneth L. Kraemer and Jason Dedrick Center for Research on Information Technology and Organizations University of California‚ Irvine Irvine‚ CA 92697 May 1998 Working Paper: #ITR-149 This research was supported by grants from the U.S. National Science Foundation and IBM Global Services. 2 ABSTRACT This paper describes a methodology for estimating
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Customer Service Management and Business Performance at Vodafone Chapter 1 Introduction Customers are considered as the key for any business survival. As the market begins to saturate‚ customer retention will be a key factor in determining the success of a company (Kotler‚ 2003). As a highly competitive market‚ the mobile phone company that has the largest customer base and highest customer retention rate will be a market leader in the industry (Turel and Serenko‚ 2006). Ultimately the quality
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different from sales and as the organization grows‚ the roles and responsibilities become more specialized. Comparison chart Improve this chart | Marketing | Sales | Approach: | Customer orientation - Listens to and eventual accommodation of the target market and determine futureneeds | Customer orientation - makes customer demand match the products the company currently offers | Process: | One to many | Usually one to one | Focus: | Generate leads - fulfill customer’s wants and needs thru products
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ways parents can help their children live up to their potential. One of the most important and effective relationships children have in their lives is with their parents. Parental involvement is essential to the early educational development of children. Creating effective learning habits will shape the child’s attitude for many years to come. Despite some parents and families desire to provide the best for their children‚ some are unaware of how to become actively involved. Without consistency at
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Sharecka Ivery 2/11/2013 Intro to Business 1013 How Businesses Are Organized There are several ways that a business can be organized to define its structure. The main types of businesses are sole proprietorship‚ corporations‚ partnerships and limited- liability companies. How a business is organized explains how its taxes are paid‚ and accounts for profit and how it manages the liability by its owners. In the bylaws state that every organization has its own purpose and what it does
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starting your own business Many people dream of owning a business and see it as a way to control their own destiny. Starting a business is an exciting thing that offers many benefits. However‚ you should also analyze what it takes to run a successful business or how much it costs to start up. Although‚ having your own business is still more beneficial since you can do what you enjoy doing‚ you can manage your work schedule and last of all you can earn a higher salary from your own business. Owning
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In finance‚ a non-deliverable forward (NDF) is an outright forward or futures contract in which counterparties settle the difference between the contracted NDF price or rate and the prevailing spot price or rate on an agreed notional amount. It is used in various markets such as foreign exchange and commodities. NDFs are prevalent in some countries where forward FX trading has been banned by the government (usually as a means to prevent exchange rate volatility Market The NDF market is an over-the-counter
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“Releasing your Potential” was written by a bestselling author Dr. Myles Munroe. He is a lecturer‚ teacher‚ coach‚ and leadership mentor and also a multi-gifted international motivational speaker and business consultant. He has published numerous best-selling books including: Understanding Your Potential‚ The Purpose and Power of Love and Marriage‚ and Rediscovering the Kingdom. He addresses some critical issues affecting every aspect of human‚ social‚ and spiritual development. This book is an approach
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just a bright idea or a real business opportunity? To what extent does Twitter’s situation reflect the past record of its founders? In my opinion‚ I think twitter is a good business opportunity. Like other internet service‚ twitter has a large number of users‚ which provide a potential revenue foundation. At present‚ twitter’s priority is to find a revenue model to transfer the abundant of users to money. If twitter finds thus a model‚ it will become another internet service giant in the world.
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