Q: Diversity in organizations both facilitates and is facilitated by social change in the environment. ...
A: Diversity in organizations means that all people working in an organization belong to different ethn...
Q: QUESTION 19 Part of the marketing management process includes planning, evaluating and controlling m...
A: Introduction : Marketing Management process refers to the identification of customers needs, or anal...
Q: In 5 to 8 sentences, answer the question: Am I a risk taker or am I risk averse? Since risk ...
A: I see myself as a risk taker. But before taking the risk, I always evaluate all other options, weigh...
Q: Elaborate psychological factors that will influence Eplas Company target customer in making purchase...
A: Purchase decision is the process that leads a consumer from identifying a need, choosing from option...
Q: Globalization drives marketing
A: Gloabalization provides more choices of goods and access to the products never before available to t...
Q: 1. Based on the reading above, how would you define corporate social responsibility? 2. Do you think...
A: After going through the scenario excerpt, we can determine that the Corporate Social Responsibility ...
Q: Globalization drives marketing
A:
Q: What are the pros and cons of the MRT administration when reducing the price of their train tickets?
A:
Q: Explain the three opportunities associated with the marketing communications role .
A: Concept Introduction : Marketing communication can be defined as the promotion of good and services ...
Q: Why should you care about international business? Describe theinternational business environments Ko...
A: Businesses are always under some influence from multiple factors. These factors can work in the favo...
Q: Brand Market Segmentation Customer Value
A: The following terms are discussed as follows -
Q: Define market development strategy?
A: Using the Product Development strategy, the company starts to produce more new products which can be...
Q: Illustrate a simple price strategy for a retail sports company for one of its products using at leas...
A: Any businesses that sell products to customers must consider retail pricing. After all, when it come...
Q: Outline the various types of brand strategies used by marketers.
A: A successful brand gains brand equity according to the criteria it represents. They can then build i...
Q: Case 2: You work for Red Company. You and a colleague, Basim, are asked by your manager to attend a ...
A: Since you have asked multiple question we will solve the first question for you. If you want any spe...
Q: Referring to the case Apple Inc. in 2020, How sustainable was Apple's position in the PC industry
A: In electronic industry most of the players are providing only softwares or are only providing the ha...
Q: Explain Maslow’s hierarchy of needs. What does it tell us about employee motivation?
A: The Maslow's hierarchy for needs is basically based from psychological needs of an individual which ...
Q: Define innovators?
A: The adoption process starts from the awareness of the product. But the customer does not have much k...
Q: Define A market penetration strategy?
A: The four three arrangements in the Ansoff matrix are market penetration, product development, divers...
Q: What is your favorite shopping destination? Explain why it is your destination of choice. What does ...
A: Shopping as the main tourist attraction The concept of 'shopping tourism' is quite recent, and it is...
Q: Provide a short explanation for each of the five steps of the product development strategy that Toyo...
A: Product development strategy refers to the actions taken to introduce new product in the market or m...
Q: Show a table of economically data analysis about e-commerce platform; cross-border e-commerce plat...
A: E-Commerce platform means that organisations into the digital world to improve the effectiveness and...
Q: Swot of Analysis Mcdonalds Philippines
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If ...
Q: Provide at least two recent examples of market entry strategies of other multinationals in Norway th...
A: Norway is is one of those countries which has great potential for companies. The example of Companie...
Q: Examples of strategic analysis
A: The business requires to strategize its activities to that the entire team can focus on one goal and...
Q: Expand the following: STP Process 5M's of Internal Environment PESTEL Analysis
A: The process discussed in the question is discussed as follows-
Q: Write a paragraph discussing the usage of rhetorical devices as well as how 2 pieces of rhetorical e...
A: Rhetoric is the ancient art of persuasion through language. If a brand uses it effectively, customer...
Q: BPA is not Business Analysis and describe TWO (2) reason why they are different
A: Business Analyst basically understand the challenges and offers solutions wheres as BPA helps in exe...
Q: Define any two Ethical theories of Marketing?
A: Ethical theories are a rational way to address ethical questions based on a particular philosophical...
Q: Explain why a retailer, such as a grocer, may feel entitled to decide on the retail prices for the p...
A: Retailing is the process of part of the supply chain management in which a retailer deals or interac...
Q: need help in formulating a Statement of Hypothesis on the Business Research Title: Product Innovatio...
A: The business research is done for the study of a specific topic or the subject matter with the help ...
Q: Product Innovation Strategy on Business Performance during Covid-19 Pandemic
A: Product innovation is definitely one of the main strategies which is being used by many business in ...
Q: Compute the given data using Cost Plus Pricing and Mark Up Pricing Approaches Given Data: Product ...
A: Cost plus pricing and Mark Up Pricing the process of determining the Selling price based on the cost...
Q: Discuss three privacy issue that could arise with ad-hoc sales from a distribution manager perspecti...
A: Business related queries are quickly answered through creation of Ad-hoc sales and reporting. Ad-hoc...
Q: the importance of Public Relations and what is the goal of PR specialists?
A: The goal of public relations is to boost and maintain positive relationships alongside all the invol...
Q: You are a product manager for the EPA and you are concerned about the risks posed by Bug Bomb produc...
A: Introduction: As an EPA manager, I would rather seek modification, than using other two option. be...
Q: An market researcher is conducting customer satisfaction surveys for a national restaurant chain wit...
A: Market researchers use various types of sampling methods. It is merely a method of picking individua...
Q: 1) What recommendation would you make by using SWOT Analysis for J&T Express business strategy analy...
A: J&T Express is an Indonesian logistics company. Founded in 2015, the company is generally engage...
Q: Discuss other reasons why a supplier would want to control the end-user price of its products.
A: There are certain situations in which a supplier of a particular product or commodity wants to contr...
Q: Describe the variability of the distribution of positions. Indicate whether you believe it is high o...
A: Variability of distribution - The degree to which points in a data set differ from one another is kn...
Q: Which of the following forces would you worry the most about as an analyst at a company in industry ...
A: Answer - New Entrants. With the expiration of government regulation which required costly licensing...
Q: provision of explicit background information that explains the core message Adapting the message to ...
A: The provision of providing explicit means clear information regarding the core message so there is n...
Q: Is it hopeless to try to protect intellectual property in digital media? Why?
A: Yes It's very tough to protect intellectual property in digital media . Discoveries, sculptures, sym...
Q: Give an example of cost argument, resource acquisition argument, marketing argument, creativity argu...
A: We will be answering the given question by stating the definition of the listed terminologies provid...
Q: Short answers are better for me. Thank you have a nice day.
A: Client benefit is the degree how coordination is making the time and put utility for a product. The ...
Q: What are the different types of marketing value?
A: There are 3 types of marketing values. They are: -Business Value -Consumer Value -Cultural Value
Q: Which of the following are correct? A. The exchange of ideas within firms is more important than the...
A: The above given options and provided facts and statements, let us analyze each of the options and th...
Q: Consider Amazon’s distribution network. How is Amazon using its distribution network to be both resp...
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If ...
Q: discuss the Five Generic Strategies in relation to a shoe company
A: A company can provide to every person in the market. But their needs will differ so much that they w...
Q: 3. As the marketer of your own professional services, you are responsible for price settin Thus, it ...
A: Negotiated pricing strategy means that the customer is free to negotiate the prices set by the compa...
Step by step
Solved in 4 steps
- By dividing its market according to this specific type of market segmentation McDonald's may offer a variety of breakfast options of Spam and rice in Hawaii, tacos in Arizona, and lobster rolls in Massachusetts. What type of market segmentation is McDonald's utilizing? Psychographic segmentation Geographic segmentation Behavioral segmentation Demographic segmentationWe have decided to open our own business called ABC Headphones. Customers to target: Demographic: Age – mainly young people, people between the age groups 12 – 50 years. Income – Middle class and upper class Gender – Both male and female Geographic: Urban areas Behavioural and Psychographic: Technology-savvy, professionals, student and who live an active lifestyle. 2) Consider the customers you chose to target, select 2 behavioral segmentation variables applicable to your product (ABC headphones).Explain your choice 3) Select a targeting strategy most suitable for your product idea. Explain your choice.Luca, a customer who buys Coca Cola during lunchtime everyday is a target for companies selling carbonated drinks because of his repeated consumption of the product. This information is essential when dividing the market through what kind of segmentation?Consumption segmentationDemographic segmentationGeodemographic segmentationBehavioral segmentationGeographic segmentationPsychographic segmentation
- In marketing, the segmentation is to:a. Divide the market into clusters of consumers who share similar needsb. Develop effective marketing mix strategiesc. Select attractive market opportunities that are in line with a company’s capabilitiesd. Create a distinctive image in the minds of consumersWhich of the following is not a criterion that must be met whenevaluating segment attractiveness?Life-stage segmentation doesn't provides a powerful marketing tool for marketers in all industries to better find, understand and engage consumers Select one: True False
- Kelvin analyzes customer desire and how they use products in his cosmetics store to better serve them by using which of the following? Select one: A. Behavioural segmentation B. Psychographic segmentation C. Geographic segmentation D. Demographic segmentationHighlight with examples why a researcher would use Behavioral and Psychographic segmentation for a preferred market?In marketing, the segmentation seeks to: a. Divide the market into clusters of consumers who share similar needs b. Select attractive market opportunities that are in line with a company’s capabilities c. Create a distinctive image in the minds of consumers d. Develop effective marketing mix strategies
- The process of evaluating each market segments attractiveness and selecting one or few is known as: A)Target marketing B)Target distribution C)Market positioning D)Market segmentation1a) Consider the various segmentation strategies in the textbook. Which one of the following attributes would most help identify a customer segment for this product of Jackery Explorer 1000 Portable Power Station? (Highlight one answer) Household Size Income Lifestyle Geographic Location Explain your answer: 1b)Jackery Explorer 1000 Portable Power Station. Consider all the products this company offers. What kind of targeting strategy are they using? (Highlight one answer) Undifferentiated Targeting Strategy (mass marketing) Differentiated Targeting Strategy Concentrated Targeting Strategy Micromarketing (one-to-one marketing) Explain your answer: 1c) Identify the positioning method(s) being used in the following promotion. Describe how the company is positioning this product. Cite examples from the image to explain your answer. "Prepare for the Unprepared Image" 1d) Which of the following brand extensions would be the best fit for this product of the Jackery Explorer 1000…Which of the following would most likely benefit from being categorized as segmentation by product usage? Protection services Fast food restaurant Silicon Valley Dairy farmers.