Q: How can the 'bargaining power of a buyer' affect businesses within the tourism industry.
A: Bargaining power is the power that customers use when they have a substitute for the product or…
Q: Why does channel conflict occur? Name and describe the various types of channel conflict.
A: Marketing Channel- A marketing channel consists of the individuals, activities and organizations…
Q: in your own words write a clear value proposition for Zara
A: Zara is an international fashion company specializing in fashion clothing, various accessories,…
Q: explain the fundamentals of competitive marketing strategies based on creating value for customers.
A: Competitive marketing strategies are the ones that help businesses to survive more efficiently in…
Q: claims online. This solution has a significant impact on different stakeholders in the…
A: Every operation will have a bottleneck. It is the process which will take the maximum time. The…
Q: What are the benefits of sampling? What are the drawbacks?
A: The practice of marketing research involves collection of customers and market data in qualitative…
Q: One marketing communications executive says social mediapromotions help humans connect with other…
A: Social media promotion is a new and trending marketing technique, it helps in promoting a product or…
Q: Discuss how companies use social media and mobile marketing to engage consumers and create brand…
A: Social Media Marketing- The process of creating content for social media platforms to promote the…
Q: Conduct a SWOT Analysis for the business problem identified?
A: Insurance acts as a financial safety net for individuals during unforeseen circumstances. There are…
Q: How can porters five forces be used to determine the attractiveness of the tourism industy
A: The five competing forces identified in Porter's 1980s work are: entry barriers, intimidation of…
Q: a) What are the technological drawbacks of e-commerce?
A: E-commerce is the type of online business in which goods are sold with the use of internet…
Q: The law allows companies in various industries to add what manyrefer to as “hidden” charges to…
A: Every company will try to create profits for the shareholders and for its daily sustenance. There…
Q: Read and answer the questions. Your answer should be short, straight to the point and relevant. Each…
A: Disclaimer - As per the Bartleby honor code, only the 1st question can be answered at once. Please…
Q: What is environmental sustainability? How should companies gauge their progress toward achieving it?
A: Environment includes the relationship of living and nonliving things around us. This includes…
Q: What mistakes did Starbucks do that affected its Australian market
A: Starbucks is an American multinational coffee house which has a chain of coffee houses not only in…
Q: Explain the twomajor cost-plusapproaches to pricesetting.
A: Pricing is the most important tool with any manager to create profits for the company. It also helps…
Q: Define trade deficit.
A: A trade deficit occurs when an international transaction account has a negative net amount or…
Q: What are the major price implications of the PIMS studies?Suggest possible explanations for the…
A: Profit Impact of Market Strategies: PIMS is a long-term research project of business units (SBUs)…
Q: How multichannel shoppers experience a firm more frequently and differently?
A: Multichannel shoppers are the customers who do shopping from a different mode of channels available…
Q: Using the internet, find one company market nicher in each of three different industries. Identify…
A: A niche market is basically a segment of a larger market that has unique needs, demands,…
Q: Differentiate between product-based marketing strategy and customer-based marketing strategy.
A: Marketing strategy of any company indicates a business' approach to implementation of marketing…
Q: Do beauty salons segment their market on the basis of demographics or psychographics? Why?
A: Beauty salons segments their target market based on Demographic variables of market segmentation.…
Q: What public policy issues are related to direct and digital marketing?
A: To gather information and intelligence about customers, businesses use a variety of direct and…
Q: Define the term import quota.
A: Trade is very important for different countries of the world. Trade includes export and import of…
Q: What are the basic functions performed by asales manager?
A: Sales management corresponds to the management of the selling products and services of a company. It…
Q: Discuss the major trends and developments in retailing.
A: Retailing- It is the selling of merchandise and some services to customers. The distribution of…
Q: You are a teacher. What kinds of labels, freely used in education, might be attached to your…
A: Labeling a student is to categorise the students based upon certain factors which are very…
Q: Name and describe the various execution styles for presenting messages and provide an example of…
A: Marketing communication is created by the company to influence the consumers to make a purchase. It…
Q: 2. If the current Price is $20 and a decrease in price by 15%causes an increase in sales by 40%,…
A: The percent change in quantity demanded divided by the percent change in price is the definition of…
Q: Explain how growth through mergers can enable a business to expand.
A: A merger can be explained as the act of combining two companies into a single company. The…
Q: What are the four types of market structures?
A: Market is where there are number of buyers and sellers transacting with each other easily. The buyer…
Q: Why is it important for salespeople to maintain ethical behavior?
A: Personal selling involves practice of personalization where customers are approached directly by…
Q: You have been hired by a resort/hotel and they want to create some targeted advertisements to a…
A: Every company will select few segments to target to and then create entire value focusing on these…
Q: State the causes of pollution and also their cures.
A: Enviropreneurial marketing can be an operative method to promote a business with limited resources.…
Q: Food manufacturers often set up tables in supermarkets andoffer free samples to shoppers, along with…
A: Marketing helps to sell the products and services. but promotional methods helps to sell the…
Q: Discuss international trade agreements.
A: Trade agreements can open doors for Americans and help the US economy grow. They establish "rules of…
Q: Discuss the two broad types of communication channels used by marketing communicators to distribute…
A: Marketing Communication- A complex and fundamental part of an organization's marketing efforts is…
Q: What is the difference between a competitive bid and a negotiated price?
A: Price will be set on the product or service created by the company for the customers to exchange.…
Q: If your company made a luxury product for a “wealthy younger mostly w/kids” segment, 1) what type of…
A: Segmentation of the target market helps the firm is gauging the customers needs better and it also…
Q: How is business communication different from academic communication?
A: Academic communication and business communication is that academic communication is vastly improved…
Q: A) What key factors do you think promoted Walmart to change? B) What results from Walmart’s changes…
A: Walmart has been a groundbreaker in delivering value to its customers at affordable prices. But with…
Q: Contrast competitive bidding and negotiatedprices.
A: Competitive bidding-A proposal by one company seeking to offer services or compete for business with…
Q: In your own words, differentiate consumer products and industrial products. Which of the two…
A: Consumer Products-Consumer products, also known as final goods, are items purchased for personal use…
Q: What is the formula for finding the breakevenpoint in units and in dollars?
A: Break even is a point where the company will recover all its invested initial amount. This break…
Q: Online retailing is an important component for clothing retailers. Analyse the advantages of online…
A: Advantages of online retailing: Online retailing offers businesses easy access to the market.…
Q: Explain price elasticity and its determinants.
A: The price elasticity of demand for a commodity is determined by the commodity's characteristics and…
Q: Is the following statement true? "A firm that operates in a perfectly competitive market will earn…
A: Normally, firms in a perfectly competitive market do not earn economic profits because all firms…
Q: Help with answering the question below. What, if any, limits do you think there should be on…
A: Promotion is the activity carried on by the organizations to increase the awareness for their goods…
Q: gic business an
A: Types of strategic analysis: 1.Internal strategic analysis: As the name implies, this analysis looks…
Q: There are four ways to protect Intellectual Property Rights namely: Copyright, Patents, Trademarks…
A: Trademarks play an important role in distinguishing your business from other similar products in a…
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- How do the values in the Declaration of Independence manifest in modern American society.How does the political environment affect business operations and decision-making, and what are the implications of political instability and corruption for companies operating in different countries?What are some important cultural dimensions?