Reference no: EM133578273

Question A: Identify existing business relationships and assess their strategic importance This part of the activity requires you to identify the existing business relationships (relationships established in Activity 2 - Part A) and assess the strategic importance according to organisational objectives. To identify the existing business relationships and assess the strategic importance, you are required to follow the steps given below and document the outcomes using Template 9. Step 1: Identify existing business relationships based on the business contacts established in part A of Activity 2. Compile the following information using Template 9. • Name of the business contact or relationship. • Type of relationship. • Role in delivering organisational strategy. • Relationship owner. Step 2: Assess the strategic importance of the existing business relationships against the following strategic organisational objectives and document the outcomes using Template 9: • Strategic objective 1: Establish alliances and partnerships with organisations offering professional development programs for the ongoing development of staff members • Strategic objective 2: Implement the best CRM that will allow the organisation to manage and communicate with the customers via a range of social media channels.