Asked by Nardus Snyman on Jun 03, 2024
Verified
Southwest Tide University recently began holding regular coffee-hour discussions with current and prospective students and surveying all new and alumni students regarding educational needs and desires. These actions reflect how Southwest Tide University is striving to become more value driven by
A) sharing information across the organization.
B) balancing its customers' benefits and costs.
C) evaluating strategic competitive partnerships.
D) building relationships with customers.
E) keeping the faculty members happy.
Value Driven
Emphasizes making decisions and taking actions that prioritize delivering superior value to customers and stakeholders.
Educational Needs
The requirements necessary for learning, including materials, resources, and access to information.
- Analyze the value of sharing information within organizations and between enterprises and their consumers to boost value generation.
- Acknowledge the movement towards marketing approaches that prioritize value when catering to the needs and preferences of consumers.
Verified Answer
TW
Tykieya WatsonJun 09, 2024
Final Answer :
D
Explanation :
By holding regular coffee-hour discussions and surveying students, Southwest Tide University is engaging directly with its current and prospective students as well as alumni. This approach is focused on understanding their needs, desires, and feedback, which helps in building stronger, more personalized relationships with them.
Learning Objectives
- Analyze the value of sharing information within organizations and between enterprises and their consumers to boost value generation.
- Acknowledge the movement towards marketing approaches that prioritize value when catering to the needs and preferences of consumers.
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