Through Their Strategic Planning Process to Stimulate Economic Development, Many

question 9

Essay

Through their strategic planning process to stimulate economic development, many states have identified travel and tourism, the arts, sports, and international trade promotion for emphasis. Why are these four areas so popular? Pick any two and explain how they can be used by nonnational government to encourage economic development. Are they overrated? Identify any weaknesses, if any, that are associated with their use.

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Definitions:

Prospect Pool

A group of potential customers or clients who might be interested in a company's product or service.

Salespeople

Individuals who sell products or services, aiming to meet customer needs and achieve sales targets.

CRM Technology

CRM Technology refers to Customer Relationship Management software that helps businesses manage interactions with current and potential customers, streamlining processes and improving relationships.

Prospecting Process

The step in sales where potential customers are identified and qualified based on their likelihood to buy the product or service being offered.