Impact of the recent economic crisis

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Reference no: EM133176552

Please could you answer these questions below as a few paragraph for each question as you can?

  1. When business buy goods and service from other business, they usually buy in large volume. Salespeople in the business-to-business area usually are paid on a commission basis; that is, they earn a certain percentage of each sale they make. Why might B2B sales be more financially rewarding career area than customer sales?
  2. Industrial companies sell goods such as steel, lumber, computers, engines, parts, and supplies. Name three such companies in your region.
  3. What environmental changes are occurring in your community? What has been the impact of the recent economic crisis? What environmental changes in marketing are most likely to change your career prospect in the future? How can you learn more about those changes? What might you do to prepare them?
  4. Which of your needs are not being met by businesses and/or nonprofit organizations in your area? Are there enough people with similar needs to attract an organization that would meet those needs? How would you find out?
  5. Business has fallen off greatly at your upscale restaurant because of a slow economy. List some things you can do to win back the loyalty of your past customers.

Reference no: EM133176552

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