Q: What costs must be balanced and minimized through inventory control?
A: Inventory control, often known as stock control, is the process of keeping a company's stock levels…
Q: What other techniques would you suggest Mittelstaedt use to motivate his employees, and why?
A: Ans. Introduction In the event that you've attempted an assortment of impetuses yet are as yet…
Q: Can a product line be a product mix?
A: Product is said to item which has certain features and values to satisfy customers' needs. The…
Q: State the difference between job specification and job analysis.
A: Job analysis is the most important tool in personnel management. A people manager uses this strategy…
Q: Each day a small business owner sells 200 pizza slices at $1.50 per slice and 85 sandwiches at…
A: * Given - * Sold items - - Pizza = 200 slices/day @ $1.50 - Sandwiches- 85 slices/day @ $4.00 *…
Q: Explain the compensation system.
A: A well-defined and balanced compensation system allows an organisation to maintain both internal and…
Q: What is the difference between Institutional markets and governmental markets?
A: Institutional and government markets make up a not-for-profit market with the primary goal of…
Q: What are the benefits of innovative products?
A: Innovative items can introduce new technology or methods of doing things. When the gas and electric…
Q: Directions: Complete the table by filling in the business conditions which allow the needs to be…
A: Maslow's theory of motivation is based on this hierarchy, which contains five categories of human…
Q: Give 3 samples of Social Media Marketing.
A: Social Media Marketing is a shortcut defined as SMM.SMM is used on social media platforms to market…
Q: How should the organization differentiate its products? What are the product’s features, advantages,…
A: Consumer interest in one or more major features of a product or brand that makes it a better option…
Q: Total Quality Management: A. is useful for manufacturing firms but not for service firms. B.…
A: Total quality management -Total Quality Management (TQM) is a continuous process that identifies,…
Q: ns and priorities in recruiting and hiring the right people for one’s business?
A: Sources of recruitment: 1.When a position opens up, it can be filled by promoting an existing…
Q: Distinguish between a marketing information system and marketing research.
A: A systematic study of a problem is conducted to establish facts and draw conclusions. Because…
Q: 9 Aldi has been a successful retailer in Australia in the last 20 years. This success has been…
A: Examining what Coles and Woolworths are already doing was the most obvious and straightforward…
Q: Explain the four (4) distinguishing features of services and provide an appropriate illustration of…
A: Intangibility- Services are intangible, which means they can't be touched or remembered. You can,…
Q: explain the meaning of the following concepts Financial Program Commercialization Decline Stage…
A: Meaning of following concept.
Q: What is meant by the term commission?
A: A fee is paid by a principal to a third party who acts as its agent, mediator, or salesperson. A…
Q: Define product deletion.
A: No manager wants to be associated with a product failure, so he or she may either abandon the…
Q: What pricing strategy is used by local water utilities to charge water bills?
A: Introduction: Pricing strategy is a method of setting up a proper price for a product or service…
Q: Video games a Select one: O True O False
A: Creative industries refers to the activities which involves generation and exploration of knowledge,…
Q: In an interview, a brand manager at Procter and Gamble notes that ‘historically, we used to focus on…
A: Global market segmentation has been explained as the process of identifying specific…
Q: Research area is Marketing and develop a research plan covering identification of the research…
A: Every marketer conducts the marketing research in order to understand the current prevailing market…
Q: According to expectancy theory, what two variables determine motivation?
A: Motivation techniques are very effective for an employee's overall development in the organization.…
Q: Define product line.
A: Companies create product lines as a marketing strategy to capture sales from customers who already…
Q: What is the importance of having a skills inventory?
A: Workers or employees form the staff of a particular company. A company hires various individuals for…
Q: How valuable is branding your coffee shop?
A: Branding is every one of the manners in which you lay out a picture of your organization in your…
Q: Four (4) factors determine the usefulness of information to a manager : Namely, (a) Quality ; (b)…
A: A company has different types of information users, but perhaps the most common user of a company's…
Q: The Ministry of Tourism has no need for marketing research? Critically discuss this statement.
A: Research is backbone for every successful event or action. Tourism too needs Research for better…
Q: Describe criticism. Explain how you would practice effective criticism of your peers’ speeches in…
A: Understanding what constitutes effective criticism is the first step in dealing with it at work.…
Q: Define the following. Natural Resources, in entrepreneurship - Human Resources, in entrepreneurship…
A: Entrepreneur is said to people who have good vision and a creative idea to start a business and grow…
Q: Considering the many factors that may influence consumer brand preferences, how important is it for…
A: Factors Influencing Consumer Brand Preference There are various factors that may influence consumer…
Q: identify whether you think exploratory, descriptive or causal research would be the most…
A: An initial study on a speculative or theoretical idea is known as exploratory research. This style…
Q: What is meant by physiological needs?
A: Need is innate requirement by a person for a thing or a state. Without need no person will work.…
Q: State major historical perspectives on motivation.
A: Motivation is the reason for will, desire, and goals. The word motivation is derived from motive.…
Q: What are some political-legal factors/examples for the brand PUMA?
A: Puma is a German Multinational Corporation that makes sporty and athletic footwears and also…
Q: create a customer persona for Lynk&Co company.
A: Lynk&Co is a Chinese automobile brand whose parent company is Geely Automobile Holdings, founded…
Q: It is crucial that managers understand the weight of their role. Explain the importance of the role…
A: An eatery's operations are overseen by a food and libation director. They are in charge of making…
Q: 4. The most POPULAR BASES of grouping markets. 5. The focus of your campaign’s positioning when it…
A: Organizations manufacture goods or produce products (services) to sell in the market. While taking…
Q: What is the reason that service firms often listen more carefully to customers?
A: Service firms are the firms which provide intangible services . These firms do not…
Q: What are the benefits of successful new products?
A: You must balance the necessity and difficulty of new product development as a company to maintain…
Q: There are several potential ethical issues related to marketing strategies. Identify a recent…
A: Ethical conduct is the way a firm should function in it's business environment. The most appropriate…
Q: some Social-Cultural examples for PUMA
A: Puma is one of the leading brands in the world associated with sports accessories such as footwear.…
Q: What is meant by the term Adjourning?
A: Communication is very important in every field. It has to transfer ideas and thoughts between people…
Q: Why the process of business buying is different than consumer buying?
A: Business and consumers, both are important for the world. Production of goods and services takes…
Q: segmentation and targeting more crucial than determining the marketing mix
A: Market segmentation is a process under which the target market of a company's product or services is…
Q: How did the results of the Hawthorne Studies influence researchers’ thinking about employee…
A: The human relations era, which began in the 1930s and focused primarily on how human behaviour and…
Q: State the variety of useful resources for secondary information.
A: Marketing research is one of the primary function of marketing which is performed prior to all other…
Q: How do marketing activities add value to products?
A: Marketing is developing a message about a product or service and effectively communicating that…
Q: Describe the role of self-concept and consumer lifestyle in how consumers make decisions.
A: Self Awareness and Lifestyle of Consumers plays an important role in consumer decision making…
Why is a company's strategic map important to create?
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