USEFUL SOURCES FOR POTENTIAL ESTIMATES Lecture Notes - Lecture 7: Key 2, Switching Barriers, Imitation
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1. determine the potential buyers or users of the product. 2. determine how many are in each potential group of buyers defined by step 1. 3. to provide a basis for a monitoring system. Retain the customers as it is cheaper than new . and. Integrate technology in managing your customers. strategy to its situation. It is an easy-to-use tool for developing an overview of a company"s strategic situation. It forms a basis for matching your company"s. It provides an overview of the strategic situation. It provides the raw material to do more extensive internal and external analysis. An opportunity is a chance for firm growth or progress due to a favorable juncture of circumstances in the business environment. A threat is a factor in your company"s external environment that poses a danger to its well-being. By examining opportunities,you can discover untapped markets,and new products or technologies,or identify potential avenues for diversification.