Q: Explain two benefits that might arise from the existence of brand names
A: Brand names means a name given to a product or service by the makers.
Q: Describe bundle pricing, and give three examples using different industries.
A: Pricing strategy refers to pricing of various products and services by an organization. Various…
Q: benefits and drawbacks of offering a guarantee on the quality of the service?
A: They are many benefits as well as drawbacks of offering a guarantee on the quality of service. The…
Q: How can service firms measure customer satisfaction?
A: The business sells both products and services to customers according to the needs of the market. The…
Q: What steps have U.S. firms taken to regain a competitive edge in the global marketplace?
A: A competitive advantage occurs whenever one firm has an edge over another. In other words, it is…
Q: What is the difference between an analytical and a synthetic manufacturing process?
A: Analytical Manufacturing-This analytical manufacturing comprises tasks such as analyzing and sorting…
Q: Explain using examples the concepts of Segmentation, Targeting and Positioning.
A: Segment, Target, as well as Position (STP) marketing, is a three-step methodology that looks at your…
Q: What is the meaning of "People do not buy goods or services. They buy relations, stories and magic"…
A: Any brand in a competitive market following a holistic marketing approach focuses more on Customer…
Q: Being a new Director of Digital (Marketing/Advertising) at a startup how to explain an effective…
A: The Digital Marketing Funnel is a strategic model that illustrates the whole purchase process of a…
Q: nt important
A: Types of marketing environment: 1. Marketing specialists deal with the resources, corporate values,…
Q: Describe the four basic forms of organizational structure.
A: Organizational structures in business are just as important as the company's products, marketing…
Q: What costs must be balanced and minimized through inventory control?
A: Inventory control, often known as stock control, is the process of keeping a company's stock levels…
Q: Explain the concept of Lean manufacturing.
A: Lean manufacturing, as compared to batch production, is by far the foremost economical method of…
Q: Using any organization for which you could work for, and examine how the organization approaches the…
A: We need to examine how any organization approaches customer acquisition and customer…
Q: Describe your safety procedures
A: Every business will have various factors influencing it. Employees, partners and customers will…
Q: Discuss the importance of identifying the target market’s evaluation of price
A: Assessing the target market's pricing perceptions can assist the marketer to determine how much…
Q: a CRM
A: A customer relations management (CRM) strategy is a plan for a company to increase sales while also…
Q: In what ways are high-contact and low-contact services different, and how may these differences be…
A: *Introduction - The intangible products that the customers are unable to get physically are termed…
Q: Explain the process of Computer-aided manufacturing (CAM).
A: Computer-Aided Manufacturing (CAM) allows us to create physical objects, whether they are products,…
Q: Please explain in 400 word. Elaborate through examples the changing job market scenarios with the…
A: Pandemic was caused because of Covid virus. To bring the virus or pandemic down to the tipping…
Q: It is crucial that managers understand the weight of their role. Explain the importance of the role…
A: An eatery's operations are overseen by a food and libation director. They are in charge of making…
Q: What is meant by the intermittent process?
A: Intermittent processes are used in intermittent production systems, where products are produced only…
Q: Give 3 Muddiest Point and 3 Learnings about Pricing Strategy
A: A company can use various pricing strategies when selling a product or service. Before determining…
Q: Explain the four steps in Developing a CRM Strategy.
A: CRM means Customer Relationship Management, and this strategy is planned to grow sales by keeping…
Q: Which digital marketing channels does lynk&co use?
A: Geely Automobile Holdings owns Lynk & Co, a Chinese-Swedish automobile brand. The firm, which…
Q: What is the relationship between social responsibility and organizational success and profitability?…
A: The concept of Corporate Social Responsibility is such that companies work in society and hence they…
Q: What are the major problems of product differentiation in food and beverages industry? Explain.
A: Concept Of Product Differentiation - Product Differentiation, is that kind of concept, which makes…
Q: Directions: Complete the table by filling in the business conditions which allow the needs to be…
A: Maslow's theory of motivation is based on this hierarchy, which contains five categories of human…
Q: List the characteristics of products that have inelastic demand, and give several examples of such…
A: In economics, demand refers to a customer's desire to purchase goods and services as well as their…
Q: Describe the seven types of business goods and services
A: Goods are said to items having physical existence while services lack physical existence. It means…
Q: How does the state of competition among hotels indicate where this category is in the product life…
A: The market competition states about intensity of rivalry among related and un related firms present…
Q: HRB App is an app that enable local farmers to sell their product in the app, it helps buyer pick…
A: HRB App is an app that helps the farmers sell their products directly to the customers willing to…
Q: State the difference between job specification and job analysis.
A: Job analysis is the most important tool in personnel management. A people manager uses this strategy…
Q: evaluate the phrase people-oriented organiation
A: Employees are one of the most important pillars for the success of an organization. Loyal and…
Q: . Based on market indicators, you are convinced that the price of wheat is going to significantly…
A: Long and short positions refer to what an investor possesses and which stocks he or she needs to…
Q: Select a basis for pricing your product (cost, demand, and/or competition). How will you know when…
A: Price setting distresses the regular lives of the customers in several ways. The price of the…
Q: What elements are consumers likely to consider when evaluating the purchase price of a product they…
A: Pricing implies the step which involves price and worth determination of the product. It means…
Q: Why research and development (R&D) is important for any business?
A: Marketing research solely relates to collection of various market data and information to be used in…
Q: It is dangerous for the international marketer to make generalisations about consumer behaviour in…
A: Why understanding Cultural difference is important? Cultural differences is one of the most…
Q: Explain a labor-intensive technology.
A: The factors of production is known as all elements which are essential for producing products with…
Q: How is the grapevine used in a business organization?
A: The strategy of business explains the tactics and action plan which business would undertake to…
Q: 5 Characteristics of media literate person
A: Media literate person is a person, who has proper knowledge about various media channels. Such…
Q: THEY HAVEA LIMITED BUDGET SET ASIDE, BUT KHALIL DID NOT SPECIFY IT. HE WOULD MAKE HIS CHOICE BASED…
A: Buying is the process of making a purchase or exchanging the product from the company in exchange of…
Q: Analyze the bases used for setting prices
A: The pricing strategy effectively assist management to determine accurate price which would…
Q: State the benefits of employee compensation.
A: Employee Compensation means the compensation or benefits that is given to the employees for…
Q: One of the potential problems, among others, by implementing marketable pollution permits has been…
A: It;s a program where state or city govt issue certain quantity of pollution permits.
Q: What is a capital-intensive technology?
A: Technology is the application of science to solve the challenges in our daily life and bring luxury…
Q: A market segment does not have to be measurable if it is substantial enough.
A: Ans. 9.) Introduction The term market segment alludes to people who are assembled for marketing.…
Q: Could you explain the below answer in short?
A: Finally, making the most of Twitter requires you to interact with your followers and stand out. As…
Q: Regardless of formality level and medium, how should one communicate messages to the target…
A: Interpersonal Communication: Interpersonal Communication is the communication in which one…
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- How does Afterpay Limited demosntarte Corporate Social Responsibility (CSR)? Provide examples and evidence (e.g. statistics, infromation from reliable/peer-reviewed articles).Q5) What is "business mean? What is the difference between business and selling? give an example! Explanation it correctly and detailsPlease give 3-5 unique and good business name for Betondis (B2B business) for rebranding. note: details in the photo attached
- Please answer in 1hourPRODUCT Massimo bread (malaysia brand) Please help answer the following :- 1.0 DESCRIPTION: • Brand name: Massimo • Packaging: • Weight: • Product: • Price: • Outlet: 2.0 PROFILE OF TARGET MARKET • Geographic: • Demographic: • Psychographic: • Behavioral: 3.0 PURCHASING BEHAVIORBuyer Analysis: Product Nopal 1. Identify your target customer, Describe customer demographics, address customers' needs, and discuss how buying decisions are made. Note: For question 2 Remember that you are selling this business plan to venture capitalists to seek funding. All they care is about money and profit). So it would be wise to illustrate the followings in your explanation. 2. Your business objectives, and marketing plan with (Product, Price, Promotion, and Place/distribution) to accomplish the goals. The amount of money you are asking for, profit goals, and the estimated time to break even. Strongly sell your project to venture capitalists. Convince them that it will be a loss to them if they do not invest in you!
- Make BeatBox beverage company marketing program as a below instruction. * This is the section in which you can finally explain what you feel the company should do with the product.This is to show that you have learned the marketing concepts and that you can apply them to a marketedproduct, service or idea.Make sure you provide examples of the 4P’s in each of the sections above.Make sure you address issue of how and what should done if possible. Indicate the activities that will have tobe undertaken in order to execute the strategies (4P’s).Product – features, idea behind the product, brand name, packaging, service warranty. E.g. Rolaids soft chewsare convenient, fast-acting medicine, in a roll, easy to chew and carry.Price – list price, discounts, allowances, credit terms, payment, top pricing in category vs. moderate price vs.lowest price. If you do not think pricing should change, you would provide current pricing information andrecommend that the current pricing strategy should be…Explain the importance of the marketing mix (4ps) and how should the companies manage this to success.2.Fresco Grano bread (malaysia brand) 1.0 DESCRIPTION: • Brand name: • Packaging: • Weight: • Product: • Price: • Outlet: 2.0 PROFILE OF TARGET MARKET • Geographic: • Demographic: • Psychographic: • Behavioral: 3.0 PURCHASING BEHAVIOR
- ng Give an example of a professional athlete's celebrity endorsement as well as advertising featuring a collegiate athlete... Briefly compare and contrast the two marketing approaches. < Previous APR 240 M ty N MacBook Pro Next▸Attributes Importance Alternative brands Weight (e) A B CScreen size 0.2 4 6 2Price 0.5 6 3 7Operating system 0.1 5 5 4Apps available 0.2 4 6 7 1. Calculate the scores for brands B and C. Which brand would this consumer likely choose? 2. Which brand is this consumer least likely to purchase?Discuss two ways the marketer of this brand can enhanceconsumer attitudes toward purchasing its brand.Among the identified 7P's of marketing, which fo you think are the three most appropriate marketing mix in a sari-sari store business, and why?