Issues in Machine Learning
by The complexity and quality trade-off Building robust machine learning models requires substantial computational resources to process the features and labels. Coding a complex model requires …
Tag: KMBNOM04 Project & Sourcing Management
Knowledge Acquisition
Knowledge acquisition is the process used to define the rules and ontologies required for a knowledge-based system. The phrase was first used in conjunction with …
Knowledge Representation
Knowledge representation and reasoning is the field of artificial intelligence (AI) dedicated to representing information about the world in a form that a computer system …
Support Vector Machine
In machine learning, support-vector machines (SVMs, also support-vector networks) are supervised learning models with associated learning algorithms that analyze data for classification and regression analysis. …
Price models and skills, Pricing tactics, Negotiated pricing
Price models Cost-based Pricing This is perhaps the most-common way to price the products that you take to market. With this model, you are going …
Price setting in B2B markets
Cost-plus pricing is the standard strategy. It’s easy because it doesn’t require market research or understanding the psychology of customers or competitors. It is also …
Pricing & Negotiation
B2B pricing is the process of setting prices on goods or services with the intent of marketing and selling them to other businesses, and not …
Roles of sales force in pricing
Sales management comprises the sales force, operations and practices to make the business reach its target sales. Altogether, the management keeps up with the changing …
Ethics in sales
Markets present a clash of interest between various players. There is competition for resources, customers and price etc, which breeds ground for activities that may …
Influencing and Assertiveness skills
Influencing skills Influencing skills are the ability to bring people round to your way of thinking about a certain topic, without force or coercion whilst …
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