Suggest one strategy that business management can use

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Reference no: EM131572306

Discussion 1: "Taking a Position that Works"

Watch the video below and then respond to the questions that follow:

Think about products you were enticed to purchase using social media (e.g., Twitter, Facebook, Tumblr, Vine, YouTube, etc.)

• Tell us your favorite product that you purchased using social media and what positioning statement the company used.
• Make sure you include the information from the fill-in-the-blank positioning statement.
• Also, state your opinion on how well social media clearly portrayed the positioning statement.

Business Statistics Discussion 2: "Business Processes"

Please respond to the following:

Note: Online students, please select one of the two subjects to discuss.

• Per the textbook, to eliminate or reduce non-value-added work is a core step in improving profitability or efficiency of the business process. Give your opinion on whether or not you agree or disagree with this statement and include one example of a business process which supports or criticizes the aforementioned statement to support your position.

• Determine at least two challenges in identifying Opportunity for Improvements (OFIs). Suggest at least one strategy that business management can use to mitigate the challenges in question. Provide a rationale to support your suggestion.

Attachment:- Video.rar

Reference no: EM131572306

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