Initial concept towards successful market launch refers to A. the development of new products that do not take longer time but efficient В. gains high profit with highest cost C. The development of new products take significant time and resources D. The development existing product that can be sold.
Q: The marketing concept takes an inside-out view that focuses on existing products and heavy selling.…
A: Answer-False
Q: Read the following text, and write a short title (1 - 3 words) which states the main topic A product…
A: Topic refers to the theme imbibed in the passage
Q: Abstract Mart is an application that allows artists to showcase their work and leverage the platform…
A: A problem sorting process and removing the risk may helps the Abstract Mart to avoid the bankrupt.…
Q: The 4Ps are all a marketing manager needs to create a marketing strategy for a service business”.…
A: The marketing mix is a tool for marketing that is used among targeted customers in order to achieve…
Q: Make a slogan with a theme of "Be Careful when making consumer loans". (Maximum of 10 words)
A: Marketing communication is the passing of statement or idea from the company to the stakeholders.…
Q: A product refers to a. a tangible good received in exchange for a person’s time and effort. b.…
A: The correct option is option E. a product, service, or plan consisting of a bundle of tangible and…
Q: Q3:- Put a mark of True or False for below:- a: - Market it is not important element in production.…
A: A Small Introduction about Production Production is the most common way of joining different…
Q: Why do you think MARKit! should use a "reminder" strategy? Connor Because the customers are not yet…
A: Marketing Management is the process of doing something or dealing with something or controlling the…
Q: The 4Ps are all a marketing manager needs to create a marketing strategy for a service business".…
A: A marketing manager just needs the 4 Ps to develop a marketing plan for a services company since…
Q: Which of the following departments is primarily responsible for promoting discounts, attracting…
A: Marketing and Sales
Q: Marketing is the process of communicating with the customer and inducing in him the knowledge of the…
A: Contemporary marketing is a form of modern marketing . The modern marketing is more customer…
Q: Up Sell in the CRM domain means
A: CRM means is very important part of any execution of any business there are three types of CRM 1.…
Q: Product description is the marketing copy that explains what a product is and its benefits. A. True…
A: A -True
Q: A fragmented industry is dominated by a few large corporations that struggle to differentiate their…
A: False. A fragmentary sector is one wherever various companies have interaction and also no solitary…
Q: If promotion is successful at stimulating demand, it will tend to increase prices. True False
A: The above statement is true.
Q: Which of the following statements is true of product items?
A: In a product line when the items for sale are provided on the basis of different varieties such as…
Q: Advantages of preparing cash budget would not include one of the following: a. Debtors of the…
A: The Answer is A. Debtors of the business can be allowed more time to make payment
Q: Selling concept focuses on the product rather than the customer. Select one: a. True. b. False.
A: There are five marketing concepts. 1. Production concept 2. Product concept 3. Selling concept 4.…
Q: Goods that have differentiating attributes which are more difficult to evaluate across brands,…
A: Goods that have differentiating attributes which is more difficult to evaluate across brands,…
Q: true or false 8. An ad on a search engine results page will always be more effective than an ad on…
A: Digital marketing refers to marketing of companies products and services on the digital media. Today…
Q: Which of the following is the most important factor in successful new-product introduction? a.…
A: The correct option is option b.) Consumers today are not very eager to spend more on a product…
Q: This is the last step before launching a product or service. What new product development process is…
A: New product development is the process of converting a product or service from concept to market.…
Q: The marketing plan is based on the marketing mix of product, price, place, and packaging. True False
A: Marketing Mix plays a significant role in marketing by setting up different actions and tactics for…
Q: rior to accepting a customer’s order, a company should verify the amount of inventory on hand. Which…
A: Inventory management is one of the most important areas of an organization that needs to be handled…
Q: Which of the following is true with regard to products?* Products do not include experiences,…
A: A product or products is any item offered for sale. A product can be a service or an item. Every…
Q: Give 3 supporting points as to why implementing Return bottle policy can give positive publicity…
A: Return policies are the guidelines that a shop establishes to govern how consumers return and…
Q: Features, design, quality, brand, and packaging are represent core customer value O augmented…
A: Product level is a significant marketing philosphy in businesses. The product levels are studied in…
Q: Comparison shopping is * O seeking out a product with a well established name O deciding which is…
A: Shopping relates to the search and purchase of products and services which is performed by the…
Q: 1) ........plays a critical role in building brand equity and especially brand awareness. Select…
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Successful extension strategies start well before the sales of a product go into decline. * O True O…
A: The product life cycle is described as the length of time that a product remains in the market,…
Q: Which of the following is an activity a company performs to promote a product or service?…
A: Promotion refers to the process of communicating a message to the target audience regarding the…
Q: Channel images do not really affect the brand images of the products they sell that much versus…
A: Brand image represents the perception about the product and its brand which is carried in the minds…
Q: Which of the following is not a function of marketing’s value creationprocess? a. Capturing value b.…
A: Value is created for shareholders in terms of profits and for customers in terms of products and…
Q: Personal selling process starts with approching to customer A.True B.False
A: The promotion mix refers to the combination of promotional activities that a marketer uses to…
Q: Which of the following statements describes personal selling?
A: Personal Selling is a process of engaging with potential customers to determine their unfulfilled…
Q: Which of the following can act against a firm following a differentiation strategy? Inelastic…
A: A strategic management system describes the arrangement, management, and allotment of an…
Q: Pretend that your company has been making and selling one product for the past five years. Plan to…
A: A product can be defined as any tangible thing that has the ability to satisfy needs and wants of a…
Q: Good branding gives a business several benefits, including establishing a positive reputation and…
A: Customers still purchase a product that they know has a negative or bad effect on their health or…
Q: Which of the following is not a characteristic of loyal customers? O a. They do no easily switch…
A: Answer- c. They will easily get attracted to competitor’s products if a discount is given.
Q: Comparison shopping is seeking out a product with a well established name O deciding which is the…
A: Disclaimer: Since you have asked multiple question, we will solve the first question for you. If you…
Q: 8 - Reminder advertising is not applicable to new products. True False
A: Reminder advertising is defined as an advertisement technique in which the marketers tries to…
Q: Which of the following is a benefit of the Stage-Gate Approach? A. All of these (except b)…
A: An innovative strategy for product development is the stage-gate procedure. Here projects are…
Q: Give description of 10 products. According to the traits of Technical Writing: Accuracy. Clarity.…
A: Introduction: In general, the term traits of technical writing refers to the qualities which are to…
Q: It is used mainly by smaller firms that offer a limited line of products. This statement refers to…
A: The answer is as follows:
Q: Which of the following is NOT likely to be found in a company with a marketing orientation?…
A: Concept Of Market Orientation - Market Orientation, is a type of concept, which is defined as a kind…
Q: Which of the following is NOT a function of packaging? a. Facilitating storage and recycling b.…
A: Option A
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- A busness is aunchng a new product. The aunch wil require a number of related actvties as follows hre (7 weeks) select an advertising agency (2 weeks), plan an advertising campaign wth the agency (4 weeks),products from the manufacturer (13 weeks) select distributors for the product (9 weeks), take initial orders fromoperation (12 weeks), pack enough products for the launch stock (8 weeks), order the launch quantty ofthe distrbutors (3 weeks), dispatch the initial orders to the distrbutors (2 weeks). (a) What is the earest timeconduct the advertsing campaign (10 weeks), design the packaging of the product (4 weeks), set up packinga sales manager (5 weeks), requre the sales manager to recruit saes peope (4 weeks), tran the sales people that the new product can be ntroduced to the market? (b) If the company hre traned salesmen who do notneed further training, coud the product be introduced 7 weeks earler? (c) How long could one delay selectngthe advertising agency? In the example above,…41. What is revenue management? A. The use of pricing to increase profits generated from a limited supply of supply chainassetsB. Reinvesting earned profits in the supply chainC. Aggregate planningD. Effective management of a supply chain resourcesWhat determines the length of the future time period for which a sales forecast must be prepared for operations planning purposes?
- Which of the following changes in cost-volume-profit factors will reduce the break-even point? Group of answer choices a. A decrease in total fixed cost d. An increase in total fixed cost b. A decrease in selling price c. An increase in unit variable cost In a contribution income statement Group of answer choices a. Costs are classified as to function b. Fixed and variable manufacturing costs are combined as one level item d. Fixed manufacturing costs are shown separately from variable manufacturing costs, but fixed and variable operating costs are combined as one line item c. Fixed costs are shown separately from variable cost1. define planning2. identify the objectives of event planning3. identify the steps in event planningDemand(box) 10 11 12 13 14 15 and and more less Possibility 0.1 0.18 0.26 0.24 0.12 0.1 A business that will open a gift shop in Los Angeles is considering making and selling love- themed magnets. It is thought that it will not be possible to order new magnets during the fair period, and magnets that are not sold during the fair period will not be sold later. A box of magnets costs the business $100 and generates $460 from its sale. The table includes predictions about demand probabilities. a-) What is the overstocking cost of the business in dollars/box? b-) How many dollars/box is the missing stocking cost?
- Q4) A manufacturer provides specialized microchips. During the next 3 months its sales, costs, and available time are shown in the table. Month 1 Month 2 Month 3 There are no chips in stock at the beginning of the first month. It takes 1.5 hr of production time to produce a chip and costs $5 to store a chip from one month to the next. Determine a production schedule that meets the demand requirements, does not exceed the monthly production time limitations, and minimizes cost. Note that no chips should be in stock at the end of the 3 months. Use fmincon. Chips required Cost regular time ($/chip) Cost overtime ($/chip) Regular operation time (hr) Overtime (hr) 1000 100 110 2500 100 120 2200 120 130 2400 2400 720 2400 720 72013/Which cost compels the managers to examine the long- term financial implications of the strategic decisions they are making in an organization? a. Life cycle cost b. All of these c. Activity based costing d. Targeting costingQ5. Discuss the Internet marketing possibilities for the product/service in Amazon retail company? Q6. Discuss the use of social media in the marketing of the product/service in Amazon retail company?
- Need help with both questions .There are three main types of packaging: primary packaging, secondary packaging and ____________ packaging. Group of answer choices a. shipping b. inner c. outer d. product When a car manufacturer employs headline pricing for a basic model and then charges premium prices for commonly desired add-ons such as air-conditioning, it is an example of: Group of answer choices a. bait pricing. b. bundle pricing. c. unit pricing. d. captive pricing. e. bait and switch pricing.Please answer this question: 1. Traveling requisition used for one time capital purchases. A. False B. True 2. Invitation for bid is used to buy when: A. The specifications are designed for one supplier. B. The buyer has wants a competition on the best offer, C. There is complete monopoly. D. The buyer prefers a specific supplier. 3. Spend analysis is the process of determining how much to pay for service A. False B. True2) Choose a product – Give a name to your product 3) Prepare a monthly cost statement of the product to estimate the total cost for a month. You have to estimate how many unit you want to produce in a month and how much the costs will incur for production, administrative and selling & distribution purpose. 4) The following costs should incur to produce the product: i. Direct costs = Direct material, direct labour and direct expenses ii. Indirect cost = Indirect material, indirect labour and indirect expenses Other costs based on function = Administrative costs, selling and distribution costs, marketing costs etc. Variable costs/fixed costs iii. iv. *Provide explanation of each type of costs incurred. 5) Calculate the total cost per unit 6) Set a selling price per unit of the product (indicate the percentage of profit margin).