Q: Understand the importance of strategic planning
A: One of the essential roles of a manager is strategic planning. Effective planning enables a company…
Q: When assessing actual performance of a marketingstrategy, should a marketer perform marketing…
A: Marketing performance measurement has to be a rational extension of planning and budgeting. Various…
Q: Discuss target market strategies.
A: Targeting strategy can be explained as the strategies related to grouping a large market into…
Q: What is consumer behavior?
A: Researching consumer buying behaviour is most important for marketers because they can understand…
Q: What is KANO model? And how can affinity diagram help to understand the voice or customer?
A: Kano Model: It was developed in the 1980s by professor Kano which divides Customer preferences into…
Q: Discuss the possible reasons to buy a watch today. Connect each motivation you identify with an…
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…
Q: What would an international organization be like if founded based on Marxist principles in terms of:…
A: An international organization established on the concepts of Marxist principles would be designed to…
Q: What AI solutions are there in marketing?
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: What role do ethics play in marketing research? Why isit important that marketing researchers be…
A: Marketing is a vast field including many areas like marketing research, marketing mix, digital…
Q: What are the benefits of outsourcing?
A: Outsourcing is a business strategy in which the company uses resources from outside the company due…
Q: MAKE AN EXAMPLE OF A MARKETING EXPENSES STRATEGY CHART BUSINESS ESTABLISHMENTS…
A: The question is related to marketing expense strategy for three kind of businesses, business…
Q: Explain market opportunity analysis (MOA)?
A: For an organization, it is highly s to significant to analyze the market trends within a particular…
Q: What is marketing research? Why is it important?
A: About Marketing - Marketing, is a type of concept, which refers to the different kinds of…
Q: Identify the psychological influences that may affect the consumer buying decision process.
A: The behavior of consumer is predicted through market research and surveying about their attitude in…
Q: What is product development?
A: Product is a tangible tool used by customers to solve their problems. It is created by company by…
Q: What is the major goal of integrated marketing communications?
A: The technique of merging marketing communication aspects into a brand identity is known as…
Q: Explain how product differentiation might allow firms to set price above marginal cost even though…
A: Product differentiation is a marketing approach used to set a company's products or services apart…
Q: What is global marketing standardization?
A: Planning, creating, and marketing products and services in the international market can be widely…
Q: Develop an appropriate business mission statement.
A: The mission statement of all businesses is developed on the basis of what vision the company has set…
Q: 3. We typically focus on firm from well-developed economies entering markets of less developed…
A: Yes, enterprises from developing countries have a chance in established markets like the United…
Q: What is outsourcing?
A: There are various activities and processes going on in a company. There is production, marketing,…
Q: What is the licensing?
A: Ans. Introduction Licensing means giving certain rights to a manufacturer or to market a certain…
Q: Question 3 n Feel-good advertisements instill brand preferences by helping to create about the…
A: Feel-good advertisement is a method adopted by organizations in their marketing campaigns. This…
Q: which orientation would you advise people to avoid and why
A: The marketing management orientation is the approach that a company executes to satisfy the…
Q: The CEO asked you to write a report on factors that may affect the distribution of their vegetables…
A: The vegetables belong from the FMCG category. The vegetables are of perishable nature and hence need…
Q: Alp thought he had received the best deal on his new car. Shortly after buying the car, Alp started…
A: Consumers behavior is a very complex phenomena to be predicted. There are many factors that affect…
Q: What is portfolio matrix?
A: Portfolio matrix in marketing is a chart that shows products in terms of both the growth in their…
Q: Identify the impact of technology on a firm.
A: Company is a legal entity created under law by group of people with common objective. This company…
Q: What is the marketing mix (four Ps)?
A: Features of Marketing: 1. The primary role of a marketing manager is to identify consumer…
Q: If you were asked to provide a small tip (or bribe) tohave a document approved in a foreign nation…
A: Marketing- It refers to the company activities that a business generally undertakes to promote the…
Q: How do we represent a group in terms of user persona ? For instance there are two groups which…
A: Personas are fictional profiles of a segment of the population, such as visitors, potential…
Q: What factors must marketers consider as they decidewhether to engage in international marketing?
A: International Marketing can be referred to as the trading of goods and services across the globe to…
Q: What is SWOT analysis?
A: Marketing environment is build with factors which must be monitored and managed as it have…
Q: List the ways in which implementing an ERM strategy will increase the level of support a company…
A: ERM enhances management consensus by forming a culture that embraces risk as a component of every…
Q: Explain the eight major steps in developing an advertising campaign.
A: Advertising campaign is a process in which, product is made known to consumers, through promotional…
Q: The first step in developing a valuemessage is determining which customer perceptions to influence.…
A: Concept Of Value Message - The Value Message, is a concept which is defined as a kind of strategic…
Q: What is consumer misbehavior?
A: Consumer behavior is a positive term that deals with learning customers' attitudes, behavior, etc.…
Q: FUTURE GENERALI TOTAL INSURANCE SOLUTIONS A PROTECT YOUR FAMILY WITH LIFE INSURANCE
A: The different classification of consumer products given in the image are discussed as follows with…
Q: lating implementing business processes with the help of information technology. Explain how an IT…
A: The advancement of information technology has enabled the digitization of information, as rising…
Q: What lessons in leadership would you identify for sharing with Nokia to help improve their market…
A: To say that Nokia is self-destructing wouldn't be a distortion, and numbers and figures just…
Q: Think about the effects that using the cloud will have not only on your wallet but also on your…
A: Advantages of moving to Cloud: 1) Make a backup of your data and restore it if necessary.Once data…
Q: Identify strategic alternatives and know a basic outline for a marketing plan.
A: Marketing planning is associated with the accomplishment of marketing objectives. The marketing…
Q: What is an external information search?
A: Information search means searching the most appropriate product or seller from the…
Q: What are the factors that the promotion mix depends on?
A: Promotion mix defining the promotional strategies chosen by the organisation . It is a…
Q: Make a business model about restaurants. Make it creative
A: Business models help to bring success in business. A good business model is always a path to a…
Q: Discuss the importance of brand, and why it is important for both customers and business firm?
A: Marketing performs all activities which is required to contribute into product awareness and…
Q: Under what conditions are market tests useful for salesforecasting? What are the ad-vantages and…
A: A new product can be a product which has not been created and sold by a company before but can be…
Q: When it comes to customer service, companies may become involved at three different levels. To…
A: Customer service must be delivered to the customers before, during, and after the purchase has been…
Q: What are the benefits of marketing planning?
A: A marketing plan is a step-by-step guide to introducing and delivering your product or service to…
Q: List the differences between concentrated and differentiated strategies, and describe the advantages…
A: Marketing that is distinct When a corporation launches messages that appeal to two or more separate…
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