Delivering on Promises Made in Points-Of-Difference Is Very Important in Successful

question 27

Essay

Delivering on promises made in points-of-difference is very important in successful marketing.There are three deliverability criteria stressed in the text with respect to PODs.What are those three criteria

Acknowledge the influence of the external environment on training and development strategies.

Understand the trade-offs involved in balancing the need for capital with the preservation of equity for startup companies.

Recognize the various forms of venture capital and how they are organized and function.

Know the appropriate stages and circumstances under which a company should seek specific types of investors.

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Definitions:

Sellers

Individuals or entities that offer goods or services for sale in the marketplace.

Equilibrium Price

The price at which the quantity of goods demanded equals the quantity of goods supplied.

Excess Demand

Excess demand occurs when the quantity demanded of a product or service exceeds the quantity supplied at the current price, leading to shortages.

Excess Supply

A market situation where the quantity of a good or service offered is greater than the quantity demanded by consumers.