Q: Name a way that your individual family interacts in the markets for the factors of production and a ...
A: As my Individual family interacts in the markets for the factors of production - My father works as ...
Q: Define Psychological pricing?
A: Psychological pricing is the practice of setting prices slightly lower than a whole number so that c...
Q: Apply the buyer five stages in the decision process to your selection of a destination for your next...
A: Every customer before purchasing any product has to go through certain stages which depicts all the ...
Q: larifying target markets, outlining sales goals for each product or sevice, and describing a company...
A: A marketing plan is be a written plan that lists a firm' marketing approach for client acquisition y...
Q: The 4'Ps were discussed in the case. Which promotion and place strategies are best suited to Nestle'...
A: Promotional strategy for Kit Kat: Nestle Kitkat and Maggie has primarily relied on the mainstream co...
Q: Why is the correct identification of the measurement scale of the variables important in Business Re...
A: Scale of measurement, in mathematical analysis, the type of information given by numbers. Each of th...
Q: 7. Entrepreneurial mind-set 8. Superficial similarities 9. Structural similarities
A: Above 3 terms are explained below: As per honor code, i am only bound to answer only 3 parts. so, y...
Q: Consider a highly successful person. Which aspects of his or her success are due to luck and which c...
A: There are definitely some factors which are due to luck and contribute to the success of the busines...
Q: Define Early adopters?
A: Product life cycle is the phases to which every product course through in its life from birth to dea...
Q: what would be the strategies to eradicate these threats (talking about the dove (soaps) company)?
A: Threats and Opportunities - Open doors and threats are external events that occur outside of your fi...
Q: 3 current brands and key models of mobile phones. For each identified brand and model, determine whe...
A: Three famous brands of mobile are Samsung apple and real me. The details are discussed as follows- ...
Q: Comparing Palmolive and Dove, as soap manufacturing companies, what would be the external influencin...
A: Palmolive soap - Palmolive's expertise and Vitamin C&E, which make skin look bright and feel hyd...
Q: Use the Web or other sources to:a) Find stories that highlight the advantages of an ERP system.b) Fi...
A: BENEFITS of ERP Total Visibility- Total Visibility benefit of Enterprise Resource Planning is one o...
Q: Define PRODUCT FACTORS?
A: Introduction:- Means of organization are the materials that people employ to succeed in the industry...
Q: Define demand?
A: Marketing system works for the purpose of making customers aware and infirmed about a specific produ...
Q: What is Digital as components of Integrated Marketing Communication? 2. What is the value of Digita...
A: 1. Digital components of integrated marketing communication are Print marketing Banner ads Landing ...
Q: An online bookstore seeks your agency out to boost its book sales. You review its social media chann...
A: In the given Multiple Choice Question, a book store seeks help with in marketing and improving thei...
Q: why do people buy redbull
A: This can be subjective and opinion based in nature, however we will look into all the possible buyin...
Q: Identify the positive factors that affect both profitability and turbulence of the Malaysian food re...
A: The profitability and turbulence in the Malaysian food retailing business industry due to the Covid ...
Q: Swot Analysis of Philippines National B
A: Strength weakness opportunities and threats are commonly known as SWOT analysis. The swot analysis o...
Q: Elaborate psychological factors that will influence Eplas Company target customer in making purchase...
A: Purchase decision is the process that leads a consumer from identifying a need, choosing from option...
Q: What are the benefits of cost-based pricing?
A: Value based pricing, cost based pricing, etc. are various methods of pricing used by Business people...
Q: How has social media influenced the hospitality and tourism industries and its stakeholders. Define ...
A: The social media nowadays is the most influencing aspect for any business or organisations as people...
Q: Difference between Marketing dashboard and Marketing Metrics.
A: A marketing dashboard is a graphic depiction among the foremost vital data required to live importan...
Q: A software company wants to move away from being brand-centric to being more customer-centric. The c...
A: Customer segment - Customer segment is the interaction in which you divide your customers based on c...
Q: What is the difference between a technology-push and a market-pull product? How should this impact t...
A: To create a market is to create a demand in the market through marketing activities. These marketing...
Q: What are three options that could be used in a project based on the decision tree structure? What ap...
A: Decision Tree - A decision tree is a predictive representation of all possible solutions to a questi...
Q: Differentiate the four stages of the product lifecycle in terms of industry salesand profits.
A: The Product Life cycle is the journey of a product that starts after the product is launched in the ...
Q: Contrast the three primary competitive pricing strategies.
A: In an organization, the decisions related to prices are taken at two levels. One is dealt with by to...
Q: . Define total customer service and satisfaction 2. Give example
A: Customers are individuals who purchase products and services of a company. The customers are the cen...
Q: Describe the five categories of purchasers based on relative time to adoption.
A: Consumer adoption methods are valuable in recognizing how to retail a new product for adoption. When...
Q: what would be the strategies to achieve these opportunities? (we are talking about dove's company).
A: Competitive strategy is the proceedings or practices that firms/organizations use in the long-run, t...
Q: Outline three types of pricing tactics usedby marketers.
A: The three types of pricing strategies are as follows: Prestige pricing: This is the method of prici...
Q: how can RFM brands can become a global company? And why do you think RFM can go global? Be specific ...
A: Getting global can be a challenge due to increased competition but at the same time, it gives small ...
Q: What is the difference between product depth and product breadth?
A: A product has features and benefits that are displayed or communicated to the customers. The display...
Q: From the current 7Ps of your chosen company (which is NETFLIX), suggest some strategies on how they ...
A: In the process of marketing, researchers, marketers, professionals and organizations as well, can im...
Q: Identify a good that could be considered conspicuous consumption. Give an example of how each of the...
A: In the event that we need to take a gander at our general public, there are numerous examples of...
Q: Explain the term Competition-based pricing?
A: As the name suggests, a competitively based price is a pricing strategy in which a company sets the ...
Q: In Michael Porter's Diaond Model of National Advantage, this attribute studies how companies innovat...
A: Michael Porter's Diamond Model - Michael Porter in his book "The Competitive Advantage of Nations" e...
Q: Are algorithms subject to patent protection?
A: Algorithm is defined as "a procedure or set of rules to be followed in computations or other problem...
Q: 4 principles of good product design. For each principle, identify a local example of a product that...
A: It is important that a product must have a good design in order to be successful in the market. The...
Q: What is Customer centered new product development?
A: New Product Development is an activity where a new product is designed. This product is first tested...
Q: What are the success strategies of Social Media Marketing ?
A: Summary - In today's competitive business world Social Media becomes an essential element for busin...
Q: What are the five major categories of pricing strategies?Give at least two examples of specific stra...
A: Explanation:- When marketing a product, a company can employ a range of pricing tactics. Senior mana...
Q: How can the three levels of the product be differentiated from one another? Give examples of each le...
A: A product has features and benefits that are displayed or communicated to the customers. The display...
Q: What do social scientists call others against whom you evaluate your own characteristics
A: Answer - Reference group. Reference group act as a standard used by an individual to judge their ch...
Q: What is your favorite store? Explain in detail why it has become your favorite, and what other store...
A: The favourite store can be referred to any store which a person likes to visit the most in a week or...
Q: marketing manager for a national airline, compare the strengths and weaknesses of the following chan...
A: Every company should have strong distribution channel, customer satisfaction and heavy profits for s...
Q: mention 5 external factors, of Dove company opportunities
A: Dove which is one of the strongest brand of Hindustan Unilever. They are providing the products such...
Q: Is it possible to have too many sales people in an organization? When can I it be an advantage and w...
A: The salespeople are those employees who sell with their selling acumen. They influence the prospect....
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