When Marissa’s company became a buyer for a food service company, she attended an online educational presentation by one of her company’s suppliers. It laid out the supplier’s knowledge of sustainable new products. She was able to interact with the presenter and ask questions. This was most likely
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When Marissa’s company became a buyer for a food service company, she attended an online educational presentation by one of her company’s suppliers. It laid out the supplier’s knowledge of sustainable new products. She was able to interact with the presenter and ask questions. This was most likely
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- Critically analyse the below proposal from the Financial Conduct Authority and critically evaluate the legal principles and regulations involved in preventing similar actions of greenwashing. < "FCA proposes new rules to tackle greenwashing Press Releases First published: 25/10/2022 < In a bid to clamp down on greenwashing, the Financial Conduct Authority (FCA) is proposing a package of new measures including investment product sustainability labels and restrictions on how terms like 'ESG', 'green' or 'sustainable' can be used. < The measures are among several potential new rules which will protect consumers and improve trust in sustainable investment products. The work forms part of the commitment made in the FCA's ESG Strategy and Business Plan to build trust and integrity in ESG-labelled instruments, products and the supporting ecosystem. < There has been growth in the number of investment products marketed as 'green' or making wider sustainability claims. Exaggerated, misleading or…A survey conducted by the Consumer Watchdog in your country on the retail industry for Fast Moving Consumer Goods (FMCG) showed that the market is dominated by five (5) major retail chains with outlets in all major centres of the country. These outlets account for more than 90% of the market. The remaining 10% is taken up by several hundred small outlets owned by local people within their areas. This situation has always caused a lot of consternation among the local people who feel that these big companies are crowding them out and make it difficult for them to grow their businesses in this sector. They have been calling on the government to intervene as they feel that these big companies should be regulated to allow for more competition. (a) Based on the survey, what market structure does the retail industry fall? Justify your answer. (b) Discuss the barriers that may be preventing the entry of new firms in the FMCG retail sector. (c) Discuss the measures that you would recommend…Identifying Exploratory, Causal and Descriptive Research In this learning activity, we will develop skills related to differentiating between exploratory, descriptive, and causal research. As a marketer, you will use different research tools for different reasons: sometimes you are trying to explore a new idea and you need research to guide you in that exploration. Sometimes you are trying to describe a phenomenon, and you need research to give you insight. And sometimes you are trying to figure out what the link is between two unconnected events - you need research to figure out what causes what once and for all. Connect the items from column 1 with the appropriate research description from column 2. You are researching whether listening to podcasts makes people more likely to purchase subscriptions to an online nutritional supplement service. You are researching the possibilities for a new type of kettle aimed at millennials. You are researching the ways in which people purchase…
- Jim’s boss asked him to investigate why the sales last quarter were low. Jim interviewed one of the sales managers about the problem, and she complained that the new people didn’t know how to sell. Jim then wrote a report in which he identified that new people’s deficient skills as the problem and recommended that more training be provided for them. Do you find Jim’s report acceptable? What would you have done differently if you were Jim?6. The role of brand names and advertising Which of the following statements about brand names is true? Brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. It is always rational to prefer brand names over generic substitutes. Brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. Read the following example and determine whether it illustrates a common critique or defense of advertising. While shopping for soft drinks, Charlotte is trying to determine whether to purchase the generic seltzer or the brand La Crosse. Although she could not notice the difference between the two in a taste test, she buys the higher-priced La Crosse because she has seen it advertised as being "La drink of La Summer." This illustrates a common of advertising.Assume you are in an organization that is experiencing difficulty competing with others within a particular industry as a result of the entry of several new competitors into the market. You have been tasked by the organization's leadership with developing a creative marketing solution.Develop a creative approach for improving specific processes, and utilize inductive arguments to support the proposed solution. The response should include one of the following: generalization, analogy, or causal argument.
- As the Vice President of Rochester Preferred Travel, you are upset with Premier Promos. Premier is a catalog company that provides imprinted promotional products for companies. Your travel service was looking for something special to offer in promoting its cruise ship travel packages. Premier offered free samples of its promotional merchandise, under its "No Surprise" policy. You asked yourself, "What can we lose?" and on January 11, you placed a telephone order for a number of samples. These included: • An insulated lunch sack • A portable power strip in a zippered case • A square-ended barrel bag with fanny pack . A deluxe canvas attaché case • Two colors of garment-dyed sweatshirts All items were supposed to be free. But it seemed odd to you when they asked for your company's credit card number. This was because Premier had promised to bill you only if you decided to keep these sample items. When the items arrived, you were not pleased. You returned them all on January 21. You have…Buyers have to accept that all products are safe O True FalseConsider the following excerpt regarding advertising agencies: The latest study on advertising agency performance from the Incorporated Society of British Advertisers found that agencies are failing to provide adequate service, to develop trusting relationships, be innovative, be efficient, control costs, and keep their promises. Agency staff are difficult to reach, planners are lack- ing when it comes to monitoring and evaluating advertising, creatives still do not listen to advertisers’ concerns or understand their target markets, and production departments fail to deliver value for money or meet budgets. On a grander scale, the majority of advertisers do not feel that their agencies provide co Given the problems plaguing advertising agencies, discuss how an integrated cost management system could help individual ad agencies become more competitive.
- Which of the following statements best represents a company practising societal marketing ? Group of answer choices 1 The company has started introducing a new and convenient packaging for customers. 2 The company has decided to use only recycled paper in their packaging 3 The company decided to add more new features to their product to beat competition. 4 The company decided to sell the old models at the lowest price to clear stocks.You have been retained as a consultant by the top management of an organisation which wants to enter the television set industry. Using Porter’s Five Forces Framework analyse the attractiveness of entering this industry. This should be based solely on your own knowledge of this industry.You are providing your services to online shop of garments. You are a caretaker and it’s your duty to deliver dresses to the customers. You are well aware of customer’s psyche. One day Mr. Smith ordered an expensive dress, wore that dress and returned the dress saying that the size of dress didn’t match his size. You knew that this is not a genuine reason of rejection. You thought the fraudulent element is confirmed as Mr. Smith acted the same way in past years. You decided to write a bad news message to him.Write a letter of rejection to Mr. Smith keeping in mind your purpose, your image, your company’s image and future sales of your products.