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decision criterion Tagged Articles
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Financial Goals of Organization
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| The two important financial goals of organization can be profit maximization and wealth maximization. |
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Price Is an Issue Its Not THE Issue
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| You’ve hired a dedicated sales force. Your company has the best product. Great service is delivered after the sale. So why is your team losing sales to “low price?” Colleen Stanley of SalesLeadership explains four reasons great companies run into this problem. |
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Other decision criterion Related Articles
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Rates of Return: The Effects of Human Capital on Economic Development
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| By what criterion should an investment policy be judged? One important criterion is the rate of return
on investment. What is meant by the rate of return on the investment and why is such a figure important? |
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Identifying Decision Making Strategies
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| People actually make decisions on a highly individual basis. It is important to understand how people make decisions when you want to influence the decision they make. You will want to know his or her decision strategy. A decision strategy is the process a person typically goes through in making a certain kind of decision. |
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Working with Ethical Gray Areas
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| The bottom line in leadership is that ethics cannot be codified or dictated. Ethical behavior is dependent upon the judgment and decision making by the leader. The best leaders are consistent and deliberate in their decisions when ethical gray is present. They communicate the decision, and more importantly, the reasons for their decision. They often collaborate the decision, not to cover their rear ends, but to seek wise counsel and tap into the judgment of others.
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Anatomy Of A Buying Decision
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| Before your prospect makes the decision to buy your product or service, four decisions must be made. For the most part these decisions will be made inside their heads or in conjunction with others depending on whether it is a joint decision making process or not.
In small to medium sized businesses one person may make the buying decision, but in larger companies it is usual for the decision be made by a group of people.
Whatever the amount of people involved in the buying decision, the same four decisions must be answered. |
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7 Ways to Name Your Prospect
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| In the maze of corporate America it is sometimes very difficult to discover with whom you should speak. There could be multiple decision-makers or there could be only one decision-maker. And, of course, they’re never listed as “decision-maker” in the company directory. |
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Closing for a Commitment or Settling for an Agreement?
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| There comes a time when all your hard work and preparation come together, and the time is right to go for closure! This is the moment you go for commitment.
In business, whenever people interact, they make decisions ― a decision to talk, a decision to listen, a decision to act on a recommendation.
Ideally, as a leader you want your followers to make decisions that are both well-informed and high in confidence. The reason for this is two-fold. First, the higher your followers are in confidence when they reach a final decision, the more effort and quality they will put into carrying through that decision.
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Location, Location, Location.
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| The popular real estate mantra "location, location, location" explains why some promising businesses fail in poor locations and mediocre businesses do so well in great locations. In order for any business to succeed, it should be situated in a location which has good visibility, accessibility and heavy traffic of potential customers. Regional and outlet malls, lifestyle centers, urban street locations, and Hotels and Resorts with designated shopping and dining areas all meet this criterion. |
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The Power of Deciding
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| I believe and have often said that we are all one quality decision away from anything we want. A quality decision is a certain state of mind. It is not the process of deciding to try, attempt, or pursue something until it becomes difficult. A quality decision means that you have firmly set your course. You are no longer flexible on your mission; however, you may be flexible on your method.
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Boomer Business Start-Up Strategy #6
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| One Boomer serial Entrepreneur, Rex, who is in sales, says his cell phone minutes must be at least 5400 minutes per month and he makes no less than 135 different contacts per week. This is a self-imposed criterion that he has set as part of a massive action plan. He feels that he has tried it time and again and continues to come up with the same number. For you it may be different. Nonetheless, if you are convinced that this business you’ve chosen to pursue is the right choice, you must come out of the gate blazing! |
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Commitment or Agreement?
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| There comes a time when all your hard work and preparation come together, and the time is right to go for closure! This is the moment you go for commitment.
In business, whenever people interact, they make decisions ― a decision to talk, a decision to listen, a decision to act on a recommendation.
Ideally, as a sales leader you want your customers to make decisions that are both well-informed and high in confidence. |
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