_________factors are factors that contribute to winning business from customers. Whereas, ___________factors are factors that must be considered to earn business from customers.

_factors are factors that contribute to winning business from customers. Whereas, ___factors are factors that must be considered to earn business from customers.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Related questions

Q: An advertisement in a fashion magazine is designed to look like an article in the magazine so that…

A: The scenario described involves an advertising strategy commonly known as "native advertising." In…

Q: At times, _______ ___ of marketing technology tools tend to spam multiple areas of search analytics,…

A: The Scope: This term refers to the extent or range of marketing technology tools and their…

Q: __________What situational influence can affect the consumer buying process? a. They have uses for…

A: Answer- All of the above situational influences are temporary conditions that affect how buyers…

Q: Your company needs to improve on their CRM system. Explain how your company can effectively apply…

A: Customer relationship management helps the organisation to improve and maintain their customer…

Q: Michael Porter asserts that the value chain function of marketing is the most important of all…

A: Answer: FalseStrategic management and economics scholar Michael Porter established the concept of a…

Q: Roland’s organization builds new roads and repairs old ones. Roland's organization is involved in…

A: There are many tasks that are being done in organizations on the basis of the needs and wants of…

Q: Taxes, unemployment, and inflation that affects retail business

A: There are many factors, which affect the retailers. Some of them are technological factors, economic…

Q: A ______ is currently generating profits for a firm, however, it is in a market characterized by low…

A: BCG matrix, also known as the Boston Consulting Group growth-share matrix, is a matrix or tool used…

Q: Give your own description of the following terms: 1. Market 2. Types of market 3. Business

A: 1. Market : it is the place where exchange or transactions of products or services takes place. At…

Q: A rapidly changing economic environment might also have a __________________________ impact on the…

A: The decrease in the income of individuals makes it tougher for them to tolerate the direct costs of…

Q: Among the Integrated Marketing Mix tools, ________ type occurs when a firm's sales force make…

A: Selling are of different types by which different companies tries to sell their goods and services…

Q: ____________________ , and thus is difficult for market producers to sell to individual consumers.…

A: A public good is a good which is for the public and which is used by the public and no one can stop…

Q: In a ________ market, the buyer and seller are brought together to trade securities in an…

A: In the broker market the buyer and seller are come together to sell trade securities i.e bonds,…

Q: It is wise to become an informed user for several reasons, one of which is if you think to become an…

A: Organizational behavior is the study of group and individual performance and activity that are held…

Q: The authors of "A Step Toward Making Your Company More Sustainable" argue that ___________.…

A: An environmentally sustainable model is necessary for the long-term survival and growth of a…

Q: The following terms are examples of ____________________. Ramification, repercussions,…

A: Where our thoughts and deeds meet reality is at the point of consequences. We can't always predict…

Q: Give typing answer with explanation and conclusion 4.The primary category of product…

A: The process of selling and delivering products or services via electronic channels such as the…

Q: Write an short experience on issue. good use of technology in the lives of people already in your…

A: Technology has revolutionized our day-to-day lives.

Q: Taxes, unemployment, and inflation that affects retail business are _______________. a. Economic…

A: Retail buisnesses refers to directly selling goods and services to the consumers and making profit…

Q: In a flight to safety, money managers purchased _____________ rather than risk lending their funds…

A: The term flight to safety means to get away from all those securities where higher risk is involved.…

Q: 1. As prices _____, they provide useful business intelligence. a. create incentives b. vary randomly…

A: Option A is incorrect, The reason is that price of business intelligence platform never create…

Q: ._______ The process of planning and executing the conception, pricing, promotion, and distribution…

A: Price describes the cost paid by the consumer to get a product. Pricing is a procedure of finalizing…

Q: which of the following factors characterizes the growth phase of business cycles

A: Answer : OPTION B Consumers and producers are borrowing more money.

Q: ._______ It is created by people converting materials, finances and information into finished goods.

A: The total amount of satisfaction felt when consuming a product or service is referred to as economic…

Q: 0. _________________ is a strategy emploed when members of a co-cultural group resist interacting…

A: Introduction: A society is consist of many different type of people who practices different types of…

Q: What is the main revenue earning model for Facebook? Virtual Model O Infomediary Model Broker Model…

A: The business model estimates the operational and value creation procedure. It describes the methods…

Q: What are the Business Models for E-Commerce Transactions?

A: As a expert Bartleby allows us to answer only one question at a same session so, please consider…

Q: ___________ are generally older and less educated and buy during the _________ stage a. Early…

A: Adopter Categories and the Product Life Cycle This is the category that is used by businesses to…

Q: The WineCellar is a small boutique shop that sells only premium wines, offering a deep assortment of…

A: The answer is "d. Specialty store."

Q: THE INCREASING NUMBER OF SOCIAL NETWORKS IS AN IMPORTANT _________ TREND. a.economic b.social…

A: Economic trends are the trends related to the economy. Hence, option (a) is incorrect. Legal trends…

Q: __________The American economy is now characterized as a(n) __________ economy. a. civilized b.…

A: Despite accounting for less than 5% of the global population, Americans generate and earn more than…

Q: _____ can play a role in members’ participation.

A: Problem is a matter or a situation treated as unwelcome or harmful for every situation and needing…

Q: _____ is the level of necessaries, comforts, and luxuries that a person is accustomed to enjoying.…

A: Standard of living Explanation:The level of material comfort and well-being that people or groups…

Q: .________It is an association of two or more business owners

A: A partnership is a business relationship formed by two or more people (Trade, occupation and…

Q: ._______ A business philosophy that involves satisfyingcustomers’ needs, while also achieving a…

A: Marketing is involved into ensuring that large number of customers get to know about product…

Q: Market segmentation allows the company to _____. a.

A: Market segmentation allows the company to _____. d. provide the best products or services that will…

Q: Why is the menu an important element in controlling food and beverage production?

A: Controlling activities are those that are carried out to guarantee that occurrences do not vary from…

Q: _______Women in the market can be classified as a. market segmentation. b. a marketing mix. c. a…

A: Market segmentation-It is the activity of grouping the market into common groups that share mutual…

Q: From a marketer's perspective, what people buy when they purchase a product is really…

A: Customer buying behavior - The process depicts the decision-making and actions of a customer while…

Q: preparing a research proposal on the impact of working from home during covid 19 on small…

A: One of the effects of the COVID situation on our economy is a much broader recognition and…

Q: Incoterms determine ________. Group of answer choices When the shipper will send the cargo Which…

A: Set of 11 internationally recognized rules which talk about the responsiblity of both seller of…

Q: Headquartered in Savannah, Georgia, ________________ operates two coffee shops in Georgia and one in…

A: Note: The solution is provided in a generalized way.Andrews and Brown, the owners of the Savannah,…

Q: Give an explanation of how segmentation works at its most fundamental level. What distinguishes it…

A: Segmentation means dividing a market into different groups, and these groups will be having certain…

Q: ______ is a marketing function where the customers' needs and wants are examined and evaluated so…

A: It is essential to know about the target customer completely before offering products and services…

Q: On your home owners policy ________ protects any personal property thats owned or used by the…

A: On your homeowner's policy ________ protects any personal property that’s owned or used by the…

Q: The management of technology and innovation in the market if must balance with the firm is to add…

A: Management of technology and innovation involves strategically leveraging technological advancements…

Question

__________factors are factors that contribute to winning business from customers. Whereas, ___________factors are factors that must be considered to earn business from customers.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

The direct approach is an appropriate strategy for ______. Group of answer choices bad news neutral news good news both good news and neutral news
A market segment that is large enough or profitable enough to serve is ________. A. accessible B. measurable C. profitable D. differentiable E. substantial
A small but profitable market segment which have special needs compared to other segments is called________. a. a mass market b. an undifferentiated market c. a differentiated market d. a niche' market
Standard Chartered Bank is the sponsor of the annual Marathon in Hong Kong, which is attended by many fans and watched by viewers worldwide. The Standard Chartered Bank’s logo and name are displayed throughout the racecourse. Standard Chartered Bank most likely sponsors this event in order to appeal to which of the following types of publics? A) financial publics B) citizen-action publics C) government publics D) general publics E) internal publics
"The giant company fails to cater the emerging needs of the customers. To bridge this gap, __________ pop up to fill the void. "
Open systems view means ________. Group of answer choices All of these answers Competitors can access the same inputs that you can Customers can see all alternatives to your offering Each change in the environment impacts your business
Please do not give solution in image format thanku Select three local businesses (one large and two small) and play the role of "mystery shopper". How easy was it to do business with each company? How would you rate their service, quality and convenience? Were sales people helpful and friendly? Did they handle transactions professionally and courteously? How would you rate the business' appearance? How would you describe each company's competitive advantage? What future do you predict for each company? Prepare a brief report on the findings and conclusions.
The supporters of the stockholder model believe in the idea that ________. * Business is not a charity Business is a charity Business must primarily satisfy its stakeholders Business needs a governmental interference The proponents of the stockholder model believe in the idea that ________. * Business needs a governmental interference Business is not a charity Business is a charity Business must primarily satisfy its stakeholders A business whose sole objective is to maximize profit is probably overly concerned with its ethical and social responsibility. * False True
__________ is any type of firm or organization that provides goods and services in an attempt to make a profit. Store Restaurant Business School
You are about to graduate from college and want a job in marketing research or sales. Go to the LinkedIn site, register, and determine what infor- mation you would put on your LinkedIn profile to help you find a new job.
1) What is the difference between a manufacturing business, a service business, and a marketing intermediary? 2) What are the four major factors contained in the definition of e-business?
._______ A force that causes people to behave in a particular way