How Would You Determine the Market Demand for Your Firm's

question 88

Multiple Choice

How would you determine the market demand for your firm's IT services?

• A)Perform a TCO analysis
• B)Benchmark your services
• C)Hold focus groups to assess your services
• D)Analyze sales returns on key investments
• E)Perform a stress test

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Definitions:

Terminate

To bring something to an end or conclusion, often referring to the cessation of contractual agreements or employment.

Specified Sales Quotas

Set amounts of sales that a salesperson or team is aimed to achieve within a certain time frame.

Breach

The act of violating a law, agreement, or code of conduct, often resulting in legal consequences.

Duty of Honesty and Fidelity

An ethical obligation requiring individuals, especially employees or agents, to act truthfully and loyally towards their employers or principals.