Classify each of the following as a business product or a consumer product:a. Detroit Tigers ticketb. bottle of body lotionc. fleet of delivery trucksd. bulk order of ricee. digital cameraf. GE jet engine

Q: e problems of consumerism, especially the ideological background of consumerism

A: Consumerism definitely has some problems associated with it. The problems are discussed as follows-

Q: What are the five strategies for selecting themost appropriate product and promotionalstrategy for a…

A: The promotional mix is dependent largely on the intended audience. Programs for business buyers,…

Q: Create a graphic organizer of the following: 1. Sanitary pads 2. Tampons 3. Menstrual cups 4. Cloth…

A: A graphic organizer is a visual and graphic presentation that displays the relationships between…

Q: Explain the major differences between business and consumer markets

A: Market: It describes the location in which purchase and seller can come together to buy and sell…

Q: dentify three trends in the social-cultural environment that youbelieve should be factors in…

A: There are certain rules and regulations that need to be followed by the organization. There are…

Q: How terrorist leverage the media to promote their agenda" summarize the evolution of the connection…

A: The growth and expansion of TV and social media have witnessed influence of terrorism due to the…

Q: List and explain a variety of pricing objectives

A: Pricing strategy implies taking decisions about giving the right price values to the produced goods.…

Q: Identify atleast 3 ways in which technology has made supply chain management more efficient.

A: Proper service chain technology enables your company to create greater visibility within your…

Q: why effective communication is important

A: Communication refers to the act of sharing information. Effective communication refers to  actively…

Q: In order to target an audience, what threetypes of information do marketers gather?

A: Target customers are those that a company selects after carrying out the segmentation process. The…

Q: application of mark reness to the pros ght presentation ar ion.

A: Marketing mix is formulated and created by the organization by focusing on the fields of product,…

Q: Critically evaluate the following four statements to prove or disprove them. Make use of one to two…

A: A social class is a group of persons in society with comparable socioeconomic positions. The idea of…

Q: 3. b) Questionnaire is the most common type of research instrument used to collect the data.…

A: Introduction:  Meaning of questionnaire:  Questionnaire is one of the data collection instruments.…

Q: What special factors influence internationalbuying decisions?

A: International buying decisions refers to process that is carried out by buyers; before, during and…

Q: Discuss global issues in branding and packaging

A: Companies have to face many problems when they expand in the global markets. They have to analyze…

Q: Discuss any FIVE (5) steps in research process. Note: answer need with introduction, explanation,…

A: There are five steps in any research process including market research. They are as follows…

Q: Discuss how services retailing differs from goods retailing

A: Service Retailing-Hotels and motels, banks, airlines, colleges, hospitals, movie theatres, tennis…

Q: Response Key Amount O Delivered, unopened 1 Hard bounce 2 Soft bounce 3 Delivered, opened 4 Field 1…

A: The recipients that should get the mail related to a sale on women’s high heels would be those who…

Q: Suppose you are a team leader of a marketing department in a renowned pharmaceutical company. There…

A: We are from a renowned pharmaceutical company. We want to launch a generic anti-ulcerant drug with…

Q: You are a manager of an electronics and electric company. Your company produces and sell TV, Fridge,…

A: As per the guidelines of Bartleby, I shall be answering the first 2 parts of the question. Please…

Q: If you are to be asked, what kind of business letter you will use for this particular purpose?…

A: A business letter is a communication between two businesses or between businesses and their…

Q: Outstanding Customer service is the hallmark of cruising. A fifteen-day vacation on a cruise ship is…

A: Identify the customer service issue outlined in the case and explain the importance of customer…

Q: w is segmentation by family lifecycle and household typeuseful to marketers? Briefly describe your…

A: Demographic factors like age, gender, family, job, and education level determine consumer buying…

Q: Why is a nation’s infrastructure an important factor for globalmarketers to consider?

A: Global marketing suggest practices taken up by the business to bring their Promotional activities…

Q: Explain how and why firms implement positioning strategies and howproduct differentiation plays a…

A: Successful product differentiation comprises of identification and communication of the distinct…

Q: Risk analysis for culture tourism Start Up Company ( A Baba Nyonya Restaurant )

A: INTRODUCTION:- Tourism is a high-risk business. Because of the complicated interaction between…

Q: What is the function of social mediamonitoring?

A: Social media calls for collaboration of brand and product with that of its potential customers. The…

Q: What are the four classifications of businessbuying situations?

A: Buying situations- A circumstance that occurs in the surrounding purchases is known as buying…

Q: List the steps involved in segmenting markets

A: Market segmentation is the most important activity in marketing. It is also the first activity in…

Q: Evaluate the various methods of measurement for social media

A: People can share their ideas, thoughts, and information through virtual networks and communities…

Q: Starbucks and Barnes and Noble have a famously successful alliance, which has been replicated across…

A: Starbucks is a company that specializes in coffee business. It had started in 1971. Starbucks serves…

Q: Give an example of a straight rebuy and a modified rebuy.Why is new-task buying more complex than…

A: The ultimate consumer's buying behavior is referred to as consumer buying behavior. A company should…

Q: Define B2B marketing

A: The marketing of products or services to other businesses and organizations is known as…

Q: How do you explain the following…? A ) research background study

A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…

Q: Recruiting and training the sales force

A: Sales force is a team of sales people who will try to make customers for the company. There are…

Q: Hotel chains see millennials as critical to their financialgrowth. What are some reasons why?

A: People who were born around the same years comprise a generation. These people have many things in…

Q: Understand why some products succeed and others fail

A: Product failure is a demotivating factor for many factors as marketers make a lot of effort to…

Q: What are the benefits and drawbacks of afirst mover strategy?

A: First mover strategy is a strategy used by firms to gain advantage by creating greater brand…

Q: dentify the two main distinctions betweentraditional marketing and a SMM campaign.

A: Marketing forms the basis upon which business may design strategies for promoting the product. It…

Q: what are the consumer buying behaviors towards smart tvs by the United States, Germany, and U.K.?

A: The study of individuals, groups, or organisations, as well as all behaviours involved with the…

Q: Discuss global issues in new-product development

A: New-product development refers to launching and nurturing of a new product. It further means to…

Q: The business philosophy incorporating the marketing concept where the focus is on satisfying the…

A: * Option A , Consumer orientation .

Q: In the Video Game simulation, which decision involves a promotional event?

A: Decision involving a promotional event it helps in increasing the brand awareness. The details are…

Q: Why is the study of consumer behaviorimportant to marketers?

A: Understanding consumer behavior is significant for a company whereas continuing with the…

Q: Define e-marketing.

A: People around the world now spend more time than ever on the internet. Therefore firms around the…

Q: , and control responsibilities, marketing managers need a marketing information system (MIS) to…

A: Decision making is very important skill for any manager or business personal. Every single activity…

Q: Critically evaluate the following four statements to prove or disprove them. Make use of one to two…

A: The sum of a customer's feelings toward a brand is called brand perception. When a consumer becomes…

Q: Why would companies not sell products ontheir websites?

A: Websites- Websites are web pages collection and it is related content that is recognized by a…

Q: What can be an online value proposition or competitive advantage, positioning statement, and purpose…

A: A value proposition is a statement which justifies or specifies why the particular product should be…

Q: Why does the organizational buying processcontain more steps than the consumerbuying process?

A: Depending upon who is the customer there are various types of markets. If the customer are the end…

Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.