Q: What are the methods of sales forecasting?
A: Concept Introduction : A sales forecast is an estimate of the volume of sales that a business can…
Q: Define direct marketing. Does direct marketing help with relationship marketing? How does direct…
A: Direct marketing is a type of advertising that targets a specific person or business in an effort to…
Q: What is the Importance of understanding Consumer Behavior?
A: Consumer behaviour is the study of how customers behave when they look for, buy, use, evaluate, and…
Q: Discuss Business versus Consumer Markets?
A: Consumer is a person who will consume the product for his personal use. Example can be a person…
Q: Explain the major advantages and disadvantages of the three basic methods of compensating…
A: One of the participants in the marketing channel is a salesperson. He significantly impacts how the…
Q: What factor should a supply chain manager must analyse before devising a marketing channel for any…
A: Customer and dealer analysis will provide information on the number, type, location, buying habits…
Q: List the types of Retailers and Retail Operations?
A: The retail concept is very dynamic, and the retailer's objectives can change in a matter of weeks or…
Q: What are the advantages and disadvantages of using everyday low prices?
A: Ans. Introduction Everyday low pricing strategy is a price management method or tactic that allows…
Q: List some of the essential Marketing control techniques..
A: Concept Introduction Marketers utilize marketing control to monitor, assess, and create parameters…
Q: Describe how Patagonia uses different elements of the promotion mix.
A: Outdoor clothing retailer Patagonia is a business. It is an American business that Yvon Chouinard…
Q: Describe Promotion and Communication?
A: Ans. Introduction In marketing, promotion alludes to a marketing correspondence used to illuminate…
Q: What major issues or questions should management consider when developing a training program for the…
A: Sales force is the army of sales people created by the company to bring customers. It is a field of…
Q: Describe the four types of distributionchannels
A: Business success is mostly based on its distribution channels. If the distribution channels of a…
Q: Define the term sales orientation?
A: Businesses that employ the sales orientation strategy place all of their attention on immediate…
Q: Define the term Sales Promotion?
A: Ans. Introduction A sales promotion is a showcasing technique where a business utilizes an…
Q: Under what conditions is cost-plus pricing most appropriate?
A: Ans. Introduction Cost-plus pricing is likewise called markup pricing. It's a pricing approach in…
Q: When should Marketing Research be conducted?
A: Marketing research means that different types of data and information are collected by marketing or…
Q: Describe ways CVS uses sales promotion techniques to provide price discounts.
A: The health care provider CVS is an integrated pharmacy business. They operate in the areas of health…
Q: Have you had a frustrating experience with customer support? Let's say you receive a promotion from…
A: Introduction: In order to drive the sales of the product or service, companies uses the marketing…
Q: The reason digital strategy must be agile is that it is continuously balancing two opposing forces…
A: Agile is a software development methodology to build a software incrementally using short iterations…
Q: Since they have 10 hectares of land, they will be needing additional manpower to work for their…
A: Introduction: Organizations uses the various tools to understand the performance of the company…
Q: In what ways do other marketing-mix variables affect pricing decisions?
A: Marketing is a vast field including various like pricing, marketing mix, digital marketing, customer…
Q: Compare the five major modes oftransportation
A: Transportation ensures temporal and spatial utility. The result is the movement of goods from one…
Q: List the Social Factors of marketing?
A: Social factors significantly influence consumer purchasing decisions. Humans are social creatures.…
Q: What is the importance of Business buying behavior?
A: Business buyer behaviour refers to the intentions and actions displayed by businesses and workers…
Q: List the major types of advertising?
A: Advertising is the type of promotion in which a non personal form of content is disseminated to…
Q: List the types of Business Products?
A: Business products are goods and services that businesses buy to carry out the production activity of…
Q: 2 Explain the difference between promotion and propaganda.
A: Promotion mix is a combination of elements that help in the promotion of products and services. Each…
Q: Please choose one of the following brands below. Consider what the brand essence and pillars for the…
A: Disclaimer: As per the Bartleby authoring guidelines, only the 1st three questions can be answered.…
Q: increase for their new running shoes quickly in a short period, Sprinters Inc. set the initial price…
A: Marketing is the method to create exchange with the customers. It is a vast topic including various…
Q: 2. Waste elimination is one of the most effective ways to increase the supply chain’s effectiveness…
A: According to the definition, anything that doesn't provide value to the client is a waste. The…
Q: what are the advantages and disadvantages of google advertising?
A: What is Google advertising Google Ads is Google's internet advertising program. Through this, you…
Q: List some of the essential Marketing control techniques..
A: Marketing Control is the process through which the organizations monitor the proposed marketing plan…
Q: List the Global issues in Branding and Packaging?
A: Marketing has a company to create exchange with customers and bring profits into the company. It is…
Q: Define the terms 8 Retailer and Retail Customer Trends andAdvancements?
A: Ans. Introduction Retailers normally buy items from a manufacturer, wholesaler, or other distributor…
Q: Describe the various objectives ofpromotion.
A: Marketing is the primary activity for any company. It helps to build customers for the company and…
Q: short answer define and explain request for information (RFI), request for quote (RFQ), request for…
A: In this explanation, we will briefly state and jot down a few points on the given business…
Q: What is the role of Ethical Behavior in Business?
A: Ethical people can distinguish between right and wrong and consistently work to uphold the highest…
Q: Understanding Usage Behavior to Strategically Shape Content What uses and gratifications may drive…
A:
Q: Topic _ marketing question) What factor should a supply chain manager must analyse before devising a…
A: Introduction: Let's start by understanding supply chain. Supply chain is the process of getting a…
Q: Explain the definition of Strategic Management Process, why it is important, and what are the…
A: INTRODUCTION :- let us first try to understand about the Strategic Management Process later we will…
Q: What is the main objective of the Multinational Firms?
A: A global enterprise is one that is enlisted with one country yet creates and sells its items in…
Q: Why is the Study Marketing essential?
A: It's an exciting and rewarding career, but marketing isn't for everyone. To succeed in the marketing…
Q: Describe the function and effectiveness of brand ambassadors. What are some risks associated with…
A: Brand ambassadors can refer to anybody who a company chooses for representing its brand. Marketers…
Q: List types of Consumer Buying Decisions and Consumer Involvement?
A: Organizations should realize in what way much work and energy clients put into dynamic in the…
Q: Discuss the ways in which the benefits of enterprise information architecture contribute to the…
A: Enterprise design promotes organisational effect by increasing efficiency, mobility, service and…
Q: Should Warby Parker charge more for frames purchased in stores than for frames purchased online, to…
A: The New York City-based Warby Parker is an American online retailer of sunglasses, contact lenses,…
Q: During the Integrated marketing communication process, If you (as an audience) ever watched a…
A: Promotion, is also known as marketing communication and The intended audience is identified via…
Q: List 3 major customer follow up methods. that strengthen the partnership. (
A: As the popular saying goes "The fortune is in the followup " ___ Jim Rohn The follow up is a…
Q: the longer term problems of employees to do well. 1. Define the problem(s) in this case, using as…
A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…
What is the importance of strategic planning?
Step by step
Solved in 2 steps
- What is the importance of strategic planning in an organization and how does it differ from other types of planning?What is the differences between strategic planning and strategic management ?What is the role of strategic planning in management, and how can organizations develop and implement effective strategic plans to achieve their goals and objectives?
- How does the process of strategic planning differ from operational planning, and why is it important for organizations to engage in both?How might the three levels of strategic planning operational planning, and tactical planning complement one another in an organization?How is strategic planning carried out at different levels of the organization?