Which item below represents a non-price strategy? Multiple Choice Sending thank you cards to your customers thanking them for their loyalty. Improving the customer service. All of the above.

Q: Market price is always more than factor cost. True /False

A: We must remember that to calculate the Market price we have to add up the net Indirect taxes to the…

Q: Determine an effective marketing response to a change in the social-cultural • environment.

A: The socio culture environment deals with the relationship among the society, culture and marketing.…

Q: Pick three products you use every day (in school, at work, or for pleasure—perhaps one of each).…

A:

Q: statement is incorrect and underline the incorrect word and write the correct answer. 1. One of the…

A: 1. One of the strategies of suppliers is to provide discounts to clients who buy small quantities of…

Q: Which of the following is an advantage of a partnership? Group of answer choices Multiple partners…

A: Partnership is a type of business in which two or more persons manage and operate a business and…

Q: Multiple answers: Multiple answers are accepted for this question Select one or more answers and…

A: Product differentiation I sone if the unique characteristics of Monopolistic market, which makes…

Q: Supplier Set Price Versus Market-Determined Price: Collusion or Competition?

A: In an economy, there can be two types of markets such as competitive and anti-competitive market.…

Q: Differentiate, whenever possible, the items bought Purchase products at the highest cost Accomplish…

A: For a businessman organisation, minimising costs is the main challenge that it has to overcome.

Q: Comfort marketing is a type of cognitive message strategies True O False

A: A cognitive message strategy is a strategy which in turn presents pieces of information or rational…

Q: Advertising and sales promotions are ways of persuading consumers to match demand with products…

A:

Q: You have a budget of $1,000. One popular store has the brand you like on sale for $850 because other…

A: Consumer surplus is the difference between the highest price a consumer is willing to pay and the…

Q: What are the Five levels of a Product? Explain each level with an example from any Educational…

A: Answer- Need to find- What are the Five levels of a Product? Explain each level with an example from…

Q: “Competition among firms promotes operational efficiency, and production of goods that the consumers…

A: The competitive market is a market structure characterized by the presence of a larger number of…

Q: Disney’s 2021 and 2020 Christmas adverts ‘The Stepdad’ and ‘From Our Family to Yours’ depict…

A: Globalization, standardization, and localization Standardization refers to developing, promoting,…

Q: Which statement reflects a way that companies can reduce the risk of new-product failure? Multiple…

A: Product failures occur when a new product fails to achieve a sufficient quantity of sales after its…

Q: construct an advertising program for an airline using the laddering technique?

A: ANSWER   construct an advertising program for an airline using the laddering technique is

Q: After the production and marketing tests and the preparation of a marketing program, a process is…

A: There are several stages through which output will be generated and products will go through before…

Q: The owner of a small pizzeria is deciding whether to increase the radius of delivery area by one…

A: The owner must do a marginal analysis while making a decision regarding an increment of the radius…

Q: Your marketing department has identified the following customer demographics in the following table.…

A: Given: MC = $1 Group Value Frequency Baby Boomers $5 20% Generation X $4 10% Generation Y…

Q: Directions A popular brand has introduced a new design of jeans. All major stores have stocked the…

A: As we know demand law says that keeping other factors constant there is inverse relationship between…

Q: Why would good quality second hand cars withdraw from the market? Use economic theory to discuss…

A: The used-car industry is frequently used to explain the consequences of imperfect information. In…

Q: Bill offers to sell his car to Tom for $9,000. Tom replies"Your price is too hight I will offer to…

A: Given that Bill wants to sell the car at $9000 and Tom offers another price of $8000, this implies…

Q: ost exposur

A: Companies should identify their influencers and build relationship with them but the message is…

Q: Cheating large firms results in no cost for consumers or society. (a) this is true because a large…

A: The firms produce goods and charge them based on the marginal cost marginal revenue principle. The…

Q: A circus is scheduled to appear in a city on a given date. The profits obtained are heavily…

A: Decision tree is considered to be one of the most useful equipment for classifying and predicting.…

Q: Allocative efficiency occurs where (for the last unit) maximum willingness to pay exceeds minimum…

A: The aforementioned statement is False.

Q: (Ali) has a TV screen company and he promotes his products very little and also offers these…

A: It is given that Ali, as a company manager does not focus much on promotion and advertising…

Q: The owner of a small pizzeria is deciding whether to increase the radius of delivery by one mile.…

A: Expansion of the business is mainly dependent on the costs that would be incurred and the benefits…

Q: Multiple Choice question if in the short run the demand for transit by train is inelastic and in…

A: In a market, price elasticity of demand affects the total revenue gained by a producer when price…

Q: From a strategic standpoint, profit centers tend to:

A: Firms will always focus on profit generation.

Q: Peers, culture, advertising and even confusion can be considered forms of: Supply Demand Influence…

A: Demand and supply may get influenced by many factors. Peers may influence demand by making someone…

Q: Marketers attempt to measure what are often hidden aspects of a consumer's buying habits in order to…

A: There are some hidden aspects for a person has a habit of buying same brand over repeated purchase…

Q: Organizations use which pricing objective to maximize long-term sales? Breakeven pricing Profit…

A: A pricing policy is a consistent response to a common query. A systematic pricing approach…

Q: An undifferentiated marketing strategy would include? * One marketing mix for each target market Two…

A: Marketing strategy is a long-run, innovative approach and an overall game plan of any organization…

Q: Your firm has a new strategy that will make its established product obsolete.  However, it will take…

A: There are many type of consumers are there in the economy. Some will buy the product at the time of…

Q: Your marketing department has identified the following customer demographics in the following table.…

A: Given: MC = $1 Group Value Frequency Baby Boomers $5 20% Generation X $4 10% Generation Y…

Q: Will the long-run customer relationship and sales gains from the promotion justify its costs?

A: Cost: Cost is the financial worth that an organization has spent to create something. In a business,…

Q: Question 10 For e-businesses that sell standardized products and services, the more likely business…

A: In the e-commerce market, firms offer their products and services through online platform that helps…

Q: which of the following explanation does not describe the relationship between generic strategy and…

A: Competitive advantage is the benefit derived after allowing the company to produce goods and…

Q: Which market type has all firms selling products so identical that the customers donot care from…

A: In markets, we may find products which are either homogenous in nature or they are completely…

Q: Find or write an example of a poorly written business communication and revise it. Focus on…

A: Business communication refers to the flow of information between employees of a company and the…

Q: The marketing mix does NOT include which of the following?Choose one answer.a. Product b. Promotion…

A: Marketing is the activity with the help of which marketers create awareness among the consumers…

Q: Based on the past data, forecast demand for the next three years for a tyre company

A: To calculate the demand forecast for the next three years. We are using the Moving Average method of…