1.5-2-page nothing less. APA Format Font should be 12 point, margins should be 1” (upper, lower, left, right) with learner’s name, course number, and date at the top of each page. Please do not accept if you cannot follow the instructions.
Upon completion of this assignment, you should be able to:
- Assess the demands of customers.
Resources
- Read: Chapter 3 in your textbook
- Read: 3-6d Case IBM Challenge: How to Serve a Diverse Mix of Demanding Customers
- Read: Sunit Gogia, “A Trusted Brand and an Unrivaled Product and Services Portfolio Hold IBM in Good SteadLinks to an external site.
- Watch: Shelly Palmer Talks About IBM's Challenges on CNN's Quest Means BusinessLinks to an external site.
Assignment Instructions
Using Microsoft Word write a 1.5-2-page response addressing the following:
- How might IBM develop a portfolio of relationship strategies to meet the needs of such diverse customer groups?
- Some customers in each group are more costly to serve than others. How should such cost differences be reflected in the particular relationship strategies that IBM follows?
- What strategies can IBM follow to increase customers' switching costs in Group B or Group C or increase the profits it derives from these customer groups?
Be sure the response follows the following guidelines:
- Include a minimum of two peer-reviewed resources beyond the textbook.
- One well-developed paragraph (at least three to five sentences) for each question.
- Make sure to cite any outside sources using current edition APA formatting.
Use the assignment rubric to guide your efforts.