Under this part, the Unique value proposition of the marketing program must be stated. Which is it? A. Promotion Strategy B. Distribution strategy C. Pricing strategy D. Product Service strategy
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A: THE ANSWER IS AS BELOW:
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Q: Explain with examples Strategy formulation,? Strategy implementation,? and strategy evaluation.
A: Strategy can be explained as the plan or action plan that the company uses to achieve its goals and…
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A: The strategy is the set of different activities and plans that helps to achieve the organizational…
Q: The calculation of learning curves can aid in which of the following cases: Group of answer choices…
A: A learning curve is a graphical portrayal of the connection between how capable somebody is at an…
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A: The direction that helps the business to attain the organizational goals is known as the strategy.…
Q: What does it mean for the balanced scorecard to “reflect strategy”?a. One should be able to infer an…
A: a. One should be able to infer an organization’s strategy from the balanced scorecard.
Q: Which of the following hypothetical strategies would you recommend a firm employ? Group of answer…
A: Strategy is the set of resources through an unexplored performance of activities to achieve a goal.…
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A: Business level strategies can be stated as the detailed actions taken to offer to clients and obtain…
Q: Suppose that you are the CEO of a car manufacturing company. You have 10 million US dollar to…
A: Any company requires growth. All of its problem can be solved with growth. But this growth should be…
Q: Which of the following statement is aSMART goal? Increase employees in two years.…
A: Goals are essential for each part of business/life and give an ability to know east from west,…
Q: A growth strategy is one that implies the priorities are A.revenue, cost containment, and higher…
A: A development or Growth strategy is an association's arrangement for defeating current and future…
Q: Regardless of a company's location , marketing managers play an equally extensive strategic role in…
A: 1.) True The marketing manager plays a vital role in the formulation of a strategic role in every…
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A: The "marketing mix" refers to the four Ps of marketing: product, pricing, location, and promotion.…
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A: option "E" is correct. (negotiate with firms for higher salaries)
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A: Objectives show the goals of the company. Objectives show the desires and its aim for the present…
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A: Every organization are required to carry out risk management identification through risk appetite…
Q: When a CEO decides to set up a new business unit in another country, he makes a/an: a. Strategic…
A: Option D is incorrect, The reason is that short-term planning focuses on the present and it helps to…
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A: Goal setting is one of the most important activity for making any desire into reality. Goal setting…
Q: wever, the employees of an organization may fail to carry out the strategy as directed.
A: Implementation is the procedure that turns techniques and plans into moves in order to accomplish…
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A: Selecting a model by using the right approach will help in completing the work with efficiency, so…
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A: Statements explaining the effects to be produced, and the way in which they will be delivered. You…
Q: 26 - Activities such as planning, organizing, executing, coordinating and controlling are included…
A: The Correct Option is C. Management Functions There are mainly 5 functions of management. 1.…
Q: In the planning hierarchy, plans dealing with organization-wide objectives, long-term plans, and the…
A: ANSWER: OPTION (E) is the correct option : Strategic plans.. REASON IS AS BELOW:
Q: 21. The stage of new product or service development that links the creation of new services or…
A: New product development is the process through which the company finds a problem in the target…
Q: n the phase of benchmarking of the development of an e-government roadmap, the e-government service…
A: This statement is true
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A: Alliance Inc. wants to increase sales of in-home safety monitoring systems in the upcoming year.…
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A: Business Plan- A written record that describes in plenty of elements how a commercial enterprise…
Q: The strategic management process includes two independent phases: strategy formulation and strategy…
A: Concept Introduction Strategic Management process is an approach of management that are used by…
Q: Activity A. You are in charge of pricing of hotel rooms in a large group in a highly competitive…
A: Disclaimer: Since you have asked multiple question, we will solve the first question for you. If you…
Q: All of these are among the actions suggested by the Four Actions Grid used in forming a blue ocean…
A: The blue ocean strategy is formed by taking into consideration four major activities which are as…
Q: The short-term financial objective should be to ensure the _____________ . Select one: a.…
A: A business inorder to survive must have a clear goal which is to be achieved in the short term and…
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Q: strategies
A: Directional planning or strategy is very important for any organization. In case if there are no…
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A: The correct option is option c. sales allowance.
Q: Q2(c). What is the output that results from Strategy Formulation?
A: The entrepreneurs will form an organization majorly for two things, one is to gain profits from the…
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- CLO #1 - Identify, define, and describe key marketing components, product life cycle, 3Cs and 4Ps and corresponding marketing strategies. CLO #2 - Recommend solutions to marketing problems using appropriate concepts, principles, analytical techniques, and theories. CLO #3 - Evaluate the quality of proposed solutions to marketing management problems against appropriate criteria, including organizational constraints. CLO #4 - Summarize the relevance and application of concepts, principles, and theories used in marketing to contemporary events and global markets and evaluate marketing decisions. CLO #6 - Evaluate the ethical implications and aspects of social responsibility of certain marketing campaigns and strategies.Introduction to Business CH11: Creating Products and Pricing Strategies to Meet Customers’ Needs Quiz 1) Define and provide examples not provided in class of the following terms: a) Relationship Marketing b) Marketing Strategy c) Marketing Mix (Professor's Class sample:restaurants, apple,Amazon) 22- For which of the following is demand likely to be least elastic to price changes? Group of answer choices theater tickets spring break vacations restaurant meals prescription drugs 23- Which of the following is NOT a sales promotion directed at consumers? Group of answer choices premium allowance (slotting fee) sweepstakes coupons 24- When manufacturers or brands want to choose retailers, a key factor in that decision is Group of answer choices where their target customers expect to find their products how many employees the retailers have whether customers will find the store atmospherics appropriate to the location if customers are using credit cards or cash to make purchases
- Below are listed a number of statements related to marketing objectives, product characteristics, competitors and pricing strategies at different stages of the product life cycle. Each statement relates to one of the following four phases of the product life cycle: a. Introduction b. Growth c. Maturity d. Decline On your answer sheet, mark the letter (a,b,c,or d) corresponding to the stage of the product life cycle with which it is most closely associated. 1. 2. Product is most likely a "cash cow" according to the BCG grid. 3. Customers are likely to be laggards 4. Prices are highest. 5. Profits are highest Offer product extensions, service, or warranties 7. Marketing objective is to create product and encourage trial 8. Competitors begin to enter the market 9. Customers who buy are innovators 10. The goal is market share defense and profit maximization 11. Use cost-plus pricing 12. Cut promotions and ride the wave of increasing demand. 13. Product is most likely to be a "star" 14.…Define product according to these three major perspectives.a. Marketing Perspectiveb. User Experience (UX)c. Product ManagementCLO #1 - Identify, define, and describe key marketing components, product life cycle, 3Cs and 4Ps and corresponding marketing strategies. CLO #2 - Recommend solutions to marketing problems using appropriate concepts, principles, analytical techniques, and theories. CLO #4 - Summarize the relevance and application of concepts, principles, and theories used in marketing to contemporary events and global markets and evaluate marketing decisions.
- Which of the following is/are generally accepted as (a) bad reason(s) for product extensions? Select one: a. Flanking price points of the current products b. Competitive parity c. Customer preference heterogeneity d. Creating branded variants6. Define the four components of a marketing mix. Use either non-commercial foodservice or nutritional services to illustrate your definition. a. Product: In the context of non-commercial foodservice or nutritional services, the product component refers to the actual food items or services offered to consumers. This could include the variety of menu options available, the quality and nutritional value of the food, as well as any additional services such as dietary counseling or meal planning provided by the foodservice establishment. b. Price: Price in this context refers to the cost associated with the food or nutritional services offered. This includes menu pricing for individual items or meal plans, as well as any discounts, promotions, or pricing strategies implemented to attract customers while ensuring profitability for the foodservice provider. c. Promotion: Promotion involves the communication and marketing efforts used to raise awareness and attract customers to the…5. What is a marketing strategy? 6. Define the four components of a marketing mix. Use either non-commercial foodservice or nutritional services to illustrate your definition. a. Product: b. Price: C. Promotion: d. Place:
- Task 10The subject of MarketingMark the statement or statements below that are correct: According to Baines et al __________ Select one or more options: Is pricing of the organization's products primarily a task for other functions at the company than the one that works with marketing, such as. the company's finance function Is marketing synonymous with sales If the development of new products is something that marketers should not get involved in, it is a task that other functions at the company do better Is communication and advertising marketers most important task Marketing is about creating value for customers, society and stakeholders Should one sometimes try to deceive the consumerfundamentally the job of marketing manager is to find what? a. the right product for their customer or b. the right customer for their product.21) Which of the following statements is not correct about pricing and prices? Select one: a. It is the sum of all the values that customers sacrifice to get beoefits of having a product. b.itis the amount of money charged for a product or a service c. itis the only element in the marketing mix that produces revenuer all other elemests represent cost. d. itis one of the least important elements that determine a firm's mariket share and protitability