Q: What are the Characteristics of good packaging materials? Please answer at your own words.
A: Packing is the practice of packing goods to ship or send goods to a required place or keeping the…
Q: Business product distributors are wholesalers that buy business products and resell them to business…
A: A supply chain denotes an arrangement of organizations, individuals, resources, activities, and…
Q: What are the benefits and risks of using digital payment as a seller?
A: Electronic installment permits your clients to make credit only installments for labor and products…
Q: Why it is important that a salesperson develop a good long-term relationship with its buyer rather…
A: A transactional orientation of marketing refers to a marketing approach in which the marketers are…
Q: On what factors do the level of involvement in the purchase depend?
A: While purchasing a product there are certain customer perspectives and each perspective changes with…
Q: direct sale without brick-and-and-and-mortaroma can be more costly, as retailers bear the…
A: Yes, a supply chain with retail stores is frequently less expensive than one with direct sales.…
Q: Why less used stuff in company should be sold
A: ANSWER: The less used stuff in company should be sold because:
Q: What is the price you will sell at to customer:
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: What is the important information a salesman should collect/have before a meeting with the…
A: There are various business organizations and industries that are active these days. There are…
Q: What is the distinction between a sales order and a blanket purchase order?
A: A purchase order is a document issued by a supplier that protects the seller from non-payment.
Q: What does the reseller market include?
A: A place where buying and selling of goods and services takes place is simply a market.It is not…
Q: explain what kind of roles Brands play for: - Customers - Company - Competitor
A: A brand allows to showcase the product as an individual in the market. It's symbol makes it a tool…
Q: “Larger the number of intermediaries, higher would be cost of product” Comment on this statement.…
A: Middleman or Intermediary refers to a person or organization that has the responsibility of transfer…
Q: An ongoing relationship that develop when a buyer continues to purchase a product from a seller out…
A: A brief introduction to the Customer or Client Relationship Management is that it's a technique used…
Q: Does providing a good value mean selling at a low price?
A: Pricing decisions are very critical for any business. There are various pricing strategies that a…
Q: Discuss the importance of a concrete, well written proposals and establishing buyer vendor…
A: The basic relationship of a buyer and the vendor is based on the sales representatives who are…
Q: relationships in terms of the security of
A: As a corporate strategy, outsourcing activities to third-party contractors has grown more popular…
Q: Is distribution a cost or a benefit? Using one example of your choice, briefly explain how a…
A: The distribution channel involves channel partners who purchase and store the products. They sell…
Q: Under what circumstances should a company engage in direct distribution and indirect distribution?
A: There are certain situations under which a company must engage in direct distribution and their…
Q: Should sales people sell alone or work in teams with other people in the company?
A: Team Selling is a selling approach adopted by the companies which involves two or more team members…
Q: Is downsizing an unethical practice if manufacturers do not inform con- sumers that the package…
A: A moral business is one that thinks about the effect its activities, items, and administrations have…
Q: If you were to sell a highly perishable low-priced product, such as ice cream sticks for a broad…
A: For perishable goods, the seller should ensure that he delivers the goods to the end customers as…
Q: Nonmanufacturing costs are composed of two elements: marketing costs and administrative costs.…
A: Nonmanufacturing overhead costs are expenses that are not related to product costs. These expenses…
Q: In which field a technical salesperson should be formally educated?
A: A salesman is basically someone whose duty it is to sell the goods or services. Sales rep is…
Q: Why is it important to identify a merchant as a unique type of seller?
A: Merchant - A person whose job is to buy and sell products in large amounts, especially by trading…
Q: How can company use packaging, labeling, warranties, and guarantees as marketing tools?
A: Packing goods is not just a way to prepare for transportation, shelving, and display. It's also a…
Q: When does a seller have the most leverage over a buyer?
A: When the buyer has the most leverage over the seller, it is known as Economies of Scale. It is when…
Q: Under what conditions does a buyer have the most supply management leverage over a seller?
A: A vendor has the most leverage over a buyer prior to the completion of the deal, and particularly…
Q: Correct selection and pricing of merchandise is critical to the success of a retail business. Write…
A: Merchandising is described as the right form of the product being sold in the right place and at the…
Q: Some firms do not delete products until they become financially threatening. What problems may…
A: One of the biggest reasons for the deletion of products from the market is the lack of profit. But…
Q: Describe one product (with an actual example) that uses "exclusive distribution". Your answer must…
A: Distribution is the marketing function that has the sole objective of transporting the goods at…
Q: What is the difference between a private label brand and a manufacturer’s brand?
A: The term "brand" refers to a business and marketing concept that allows individuals to recognize a…
Q: List the steps taken in the Selling Process?
A: The salesforce of a company is quite possibly the central part of any modern business. Yet…
Q: How can you describe a direct product sale through the phone?
A: ANSWER IS AS BELOW:
Q: What is the basic function of packaging materials?
A: The container or wrapper that holds a product or group of products is called packaging. Most…
Q: How does a car salesperson practice price discrimination?
A: Price Discrimination refers to the charging of different prices by the salesman from customers for…
Q: • Is commercial Registration necessary for a small business or online business? What are the pros…
A: Most businesses of any small size should be registered with at least one government organization.…
Q: A product manufactured by one company for sale under another company’s brand is called ________ a.…
A: Private brands are those manufactured by one company for sale under another company's brand.
Q: Identify the key range of responsibilities and task the merchandising manager should bear so that a…
A: Talking bout the merchandising manager then, merchandising managers is responsible for the…
Q: What types of exclusive arrangements do manufacturersdevelop with resellers? Are these arrangements…
A: Exclusive dealing arrangements are generally and necessarily need contracts in which the seller…
Should a distributor get a higher margin on a product’s sale than the manufacturer?
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- What concerns do you have concerning vendor relationships in terms of the security of your organization?You are a salesperson in an electronics company. At a recent trade exhibition, you met a supplier that was willing to supply your company with a product on an exclusive basis(i.e. available to your company only) that you could offer in your marketplace.The product in question has already been successfully developed and tested and – as yet – is not being sold on the market.You know from speaking to your customers, that there is demand for such a product and it would clearly plug a gap in your company’s product portfolio and give your company a significant competitive advantage.You approach the product management division with your idea and to your surprise, they are very unenthusiastic and reject your idea, stating “We always develop our own products in-house in this department – it would cost the company far too much to set up the processes to buy in a product from outside.” a) Outline the possible range of reasons for the product management division’s rejection of your idea.You are a salesperson in an electronics company. At a recent trade exhibition, you met a supplier that was willing to supply your company with a product on an exclusive basis(i.e. available to your company only) that you could offer in your marketplace.The product in question has already been successfully developed and tested and – as yet – is not being sold on the market.You know from speaking to your customers, that there is demand for such a product and it would clearly plug a gap in your company’s product portfolio and give your company a significant competitive advantage.You approach the product management division with your idea and to your surprise, they are very unenthusiastic and reject your idea, stating “We always develop our own products in-house in this department – it would cost the company far too much to set up the processes to buy in a product from outside.”…
- Why should a purchaser evaluate the cost of making an item instead of simplyevaluating the purchase price? Is this true for all types of products? Why or why not?Describe one product (with an actual example) that uses "exclusive distribution". Your answer must demonstrate a thorough knowledge and understanding of “exclusive distribution”. You cannot use examples already given!A bait‐price item has a particularly low price and is widely advertised. Whencoming to buy the item, consumers are encouraged to buy a far more expensive item. Why are bait‐prices considered to be unethical?
- Explain how licensing requirements for providers of particular services result in higher prices for such services. Are such requirements justified? Why or why not?If you are the seller will you provide discount for customers? Why or why not? What type of discount will you provide for your customers? How will you account for this discount? Answer this by giving a sample problem including the debit and credit entries. If you are the buyer, will you get discounts for your suppliers? Why or why not?Explain a banking account offering to a young adult who has just started their first job? Explain a banking account offering to a married couple in their mid-thirties investigating different options: