ITEE ITEE-1 | Page 410

Q2-2. a Market growth rate Answer Explanation Comparing the size of the circle and the coordinates, the correct answer is a). 20 C A 15 10 B 5 0 D 5   10 Market share Q2-3. b Answer Explanation One-to-one marketing is an approach to satisfying individual customer needs, rather than targeting a group called a market. Q2-4. a Answer Explanation A balanced scorecard is a method of clarifying the goals and strategies of a corporation, and evaluating the business from various perspectives, rather than solely based on business results expressed as numbers. It determines whether the business results are balanced. The balanced scorecard evaluates business strategies from the four perspectives of financial, customer, business processes, and learning and growth, by integrating them into specific measures for daily activities. Q2-5. d Answer Explanation SCM uses computers or the Internet for integrated management, from supplier ordering and procurement of materials (raw materials and components) to inventory management and delivery of products. Various companies participate in SCM to manage the system through the unified exchange of information between the companies, which lowers distribution costs by reducing excess inventory. a): Describes CRM. b): Describes SFA. c): Describes ERP. Q2-6. b Answer Explanation The Delphi method is a technique for forecasting future events that are likely to occur. It is used in planning technology development strategies and other plans. Multiple experts are asked to generate their own opinions, and mutual feedback is collected to generate another round of opinions. By repeating this process, the method seeks to develop a statistical consensus of opinions. 4