MARKETING
7th Edition
ISBN: 9781260087710
Author: Grewal
Publisher: RENT MCG
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Chapter 14, Problem 10MA
Summary Introduction
To discuss: Whether internet was helpful in reducing the price of few kinds of merchandise.
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- If you had the down payment for purchasing a condo in Toronto, would you make the purchase this summer? Explain why you made this choicearrow_forwardIf you could buy a product from a website or a store right down the street and the prices were the same, where would you make your purchase? Why?arrow_forwardAsk your parents about a product that they have been purchasing throughout the years and note the changes (e.g., price, packaging, etc.) it underwent. Will they still purchase this particular product despite possible price changes in the future? Why or why not?arrow_forward
- If you could choose between doing all your shopping once a year or shopping every day, which would you choose? Explain your answer in terms of the costs of each option.arrow_forwardHow does the price of the whole wheat pasta compare to the prices of similar products in the category?arrow_forwardThink about your own purchasing habits and the buying habits of your friends/coworkers. Can you identify a product people need that is available on Alibaba.com? Is there a different Web site on which you could purchase this product for wholesale prices and sell it to customers for a profit?arrow_forward
- If you were to practice, what are some ways by which you can increase the market's demand for your products?arrow_forwardThe cost of procured goods and services are very important to public sector buyers. Whilst this is true what other factors are also important?arrow_forwardBriefly explain why the availability and affordability of broadband and mobile internet service are critical to e-commerce. Give two reasons for your answer. Explain what is a payment system. Can online marketplaces spur e-commerce? Give 3 reasons for your answer.arrow_forward
- What aspect of e-commerce will continue growing in importance to both businesses and consumers? customer focus groups, personal selling, cybersecurity, alternative currenciesarrow_forwardFAST PLZ 1-What type of business is owned and funded by a single person who may or may not be involved in managing their own business? Sole proprietorship Partnerships Corporations Limited liability companiesarrow_forwardWho dictates/influences the pricing or the value of the products offered in DIGITAL MARKETING?arrow_forward
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