Is product obsolescence a boon or bane?

Q: In the case of Groupon; investors were concerned over Groupon's Select one: A. Inimitability B. Unco...

A: Options A. Inimitability is incorrect because inimitability refer to uniqueness and in Groupon there...

Q: 4 strategies that Tropical Leisure can implement in the short-term to profitably increase sales and ...

A: Marketing is like the very tool of the business operations to communicate their output to the end-us...

Q: If there's a UK company producing fertilizers, crop protection products and pharmaceuticals who's tr...

A:  - For establishing a fertilizer based organization top alternative will be the following countries ...

Q: discussing and explaining one of the critical causes of failure of a performance management system

A: A performance management system is one of the most important components of an organization. HR execu...

Q: Discuss integrated marketing communications and the communication process.

A: Integrated marketing communication: This is a method that ensures that all communication and massage...

Q: What six elements are required for communication to occur?

A: Communication is the most common way of trading considerations, thoughts, realities, feelings, and s...

Q: What is personal selling?

A: Marketing helps the company in many ways like in selling the products, building the brand, strengthe...

Q: Please give an survey description example for a cleaning product company.

A: Starting your survey with a description is an excellent approach. Writing a description helps the re...

Q: How can you protect your retail store from these competitive threats in terms of Price Strategy?

A: Retailer: He/she is a person who purchases products or services in bulk quantities from manufacturer...

Q: NOTE: PLEASE ANSWER ALL THE QUESTIONS IN SENTENCES/ PARAGRAPH NOT IN BULLET FORM. I'LL GIVE A THUMBS...

A: Scenario 1: You work in an office that has a water cooler. The water cooler holds twenty gallons of ...

Q: Q: Model the following business process at a supplier. . After a supplier notifies a retailer of th...

A: Introduction Supplier management is the practise of ensuring that an organisation gets the most valu...

Q: What is the difference between a coupon and a deal?

A: Promotions are a sort of sales improvement strategy that aims at increasing sales in the short run. ...

Q: with what you would need if you’re attending MICE activity

A: * Introduction - Before understanding the prominent prerequisite for attending a MICE activity let u...

Q: You are now familiar with the difference between the basic needs and wants of a person. It is now ti...

A: Disclaimer: Since you have posted a question with multiple sub-parts, so we will solve first three s...

Q: 1-8 What is the difference between ultimate consumers and or- ganizational buyers?

A: The prospective customer of a product is identified by a brand through a thorough process of market ...

Q: What is the eight-second rule?

A: Digital Marketing helps a company to be transparent with the audiences. Advertising about the latest...

Q: Which of the following does organizational behavior study? a. individual b. profits c. employee s...

A: The structure of business states about its work flow procedure by mentioning reporting relationship ...

Q: Select the promotional approach appropriate to a product’s target audience, life-cycle stage, and ch...

A: Your primary interest group alludes to the particular gathering of purchasers who are probably going...

Q: Stated simply, how can an advertiser on Facebook expect to generate sales?

A: Digital marketing function with technological advancements such as internet and computer. It ensures...

Q: WHAT ARE THE ADVANTAGES AND DISADVANTAGES OF THE GIVEN COURSES OF ACTION TO THE CASE: 1. Implementat...

A: Before we move on to answering the given question by stating the pros and cons of structured and sys...

Q: What is the principal difference between an order taker and an order getter?

A: Personal selling as name says has personal touch between the sellers shd buyers. It means there must...

Q: Environmental scanning provides information about social, economic, technological, competitive, and ...

A: Marketing is important for various firms. Marketing of product helps firms to increase their sales a...

Q: 1) Consider the Three Levels of Product discussed in class (and in your textbook). When purchasing b...

A: Ans. 1.) Introduction  There are different levels of a product which includes core, gender, expected...

Q: UNIQLO is a Japanese clothing company, often described as a Japanese version of the GAP, or “the Ike...

A: 1) When a domestic company enters international markets, it must deal with cultural issues such as l...

Q: 1. List three limitations of the SWOT matrix and analysis. 2. In a BCG Matrix, would the Question Ma...

A: A SWOT (strengths, weaknesses, opportunities, and threats) analysis can assist you in identifying an...

Q: You have a job as a county extension agent and lead workshops for home gardeners. Smith comes to the...

A: If a commercial generates, increases, or exploits a false notion about a product's projected perform...

Q: If a middleman is eliminated from a marketing channel, under what conditions will costs decrease? Un...

A: Before proceeding to solve the primary concern of the question that under which circumstances the co...

Q: Discuss the strengths and weaknesses of consumer-oriented and trade-oriented sales promotions

A: Consumer-oriented sales promotions assist businesses in increasing customer satisfaction, generating...

Q: the supplementary materials needed by a clothing brand that produces plus sizes

A: Supplementary materials are the additional materials, which are used by the clothing brand in order ...

Q: Explain PESTLE Analysis of Adidas Australia

A: Adidas- Adidas company was started by Adolf Dassler in his mother's house. Adidas is a German intern...

Q: To be able to identify potential business opportunities that we can benefit from. Recall what you ha...

A: Disclaimer: Since you have posted a question with multiple sub-parts, so we will solve first three s...

Q: How Much Should You Spend on IMC?

A: IMC stands for integrated marketing communication. It is a process in which marketing communication ...

Q: Can personal privacy become a problem as the real and digital worlds converge with smart systems?

A: Internet and advanced software are the product of advancing digital technology. The digital world ha...

Q: What are social media?

A: Marketing sets the platform to promote and sell the products manufactured by the business. It has cu...

Q: Provide threats analysis for Jollibee Fast Food.

A: Jollibee Foods Corporation has grown dynamically into the Nation's prime fast eatery chain. they nee...

Q: Review a typical training program for an employee group. Identify ways to improve it.

A: A training program is a cycle carried out to show workers the cycles and strategies of an organizati...

Q: What are the elements, components, documents, and roles and responsibilities in a stakeholder manage...

A: Answer : A partner the executives plan is a task the board archive that recognizes your undertaking ...

Q: Describe the different types of innovation usually identified by economic and business studies

A: Changes in enterpreneurship function are referred to as innovation.  Innovation can be observed even...

Q: Critically analyze how different cultures across the globe has converged and in your opinion is it a...

A: * Cultural convergence in business world is a blessing for a organization who is aiming at global pe...

Q: Explain the stages in the personal selling process

A: Marketing helps the company to create long term customers. There are various methods of marketing li...

Q: Recognize public relations as an important form of communication.

A: Communication in marketing implies transmitting product related messages to the business customers. ...

Q: How do market prices serve as a "mechanism for connecting human demands on our natural world with th...

A: * Yes , it has been rightly mentioned that Market prices do serve as a mechanism for connecting huma...

Q: Describe the promotional objective for each stage of the product life cycle.

A: Product life cycle is important for any product. Because of analysis of product life cycle, firm can...

Q: Explain the advantages and disadvantages of alternative advertising media.

A: Alternative advertising media are media sources that vary from established or controlling types of m...

Q: 6) During the internal search process for product information, a key objective for creatives and bra...

A: The consumer buying decision making process involves 5 steps: Problem Recognition Information Resea...

Q: Which types of retail outlets are best suited to intensive distribution? To selective distribution? ...

A: Intensive distribution is a marketing approach in which a brand attempts to sell its goods by using ...

Q: Why are influencers so effective when creating campaigns against fast fashion

A: Fast fashion - It is the fashion industry trend in which trendy and relatively cheaper clothing is p...

Q: Seniority in the Organization Permaja Resources Corporation has the policy o promoting employees fro...

A: Disclaimer: Since you have posted a question with multiple sub-parts, so we will solve first three s...

Q: Think of 3 car bands or specific models how are these products positioned in your mind?

A: Positioning is the process of generating a distinct mental position or image of a product or service...

Q: Suppose someone said to you, “The only real measure of a salesperson is the amount of sales produc...

A: A salesperson is an individual or an employee who sells or initiates the exchange of goods or servic...

Product and Service Innovation

Product innovation is the introduction of either a new product or an existing product with significant improvements related to its characteristics. Improvements could be in various specifications and areas such as technical, technological, physical use, software updates, overall size and texture, and so on. For instance, consider the Apple Watch; they release different series every year with significant updates and improvements such as using cellular technology, monitoring your heart rate, acting as your fitness partner, measuring blood oxygen level, and so on. We see the addition of features in every series, and these improvements make them a different product altogether.