Q: Explain Supply-chain management.
A: Supply-chain management is a long-term collaboration between channel members to create a…
Q: Explain a product maturity stage.
A: Product Life cycle or PLC represents entire cycle of product in the market. It means the life of…
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: Explain Average total cost (ATC)?
A: When pricing products and services, determining the average total cost is critical because it…
Q: List and explain a variety of pricing objectives?
A: Pricing objectives refers to various type of goals that give suitable guidance to a firm, in order…
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: Explain environmentalism and consumerism. How are they linked to marketing strategies? Provide…
A: Marketers are now seeing environmentalism and consumerism as a chance to serve buyers better by…
Q: Research and give at least 5 examples of evidencing (visual communication) service design.
A: The process of graphically displaying information to quickly and effectively establish meaning is…
Q: Name the categories into which new products are grouped?
A: Product classification means classifying the products according to the needs of the…
Q: What are the guidelines provided for using the motivation-hygiene theory?
A: Frederick Herzberg's two-factor theory is also called the motivation-hygiene theory or also…
Q: How might adoption of the marketing concept benefit a firm? How might it benefit the firm’s…
A: A marketing idea helps in identification of client desires and needs or product and services,…
Q: What combination of motivational techniques do you think would result in the best overall motivation…
A: Motivation techniques are very effective for an employee's overall development in the organization.…
Q: Explain the benefits of the Promotion Strategy?
A: The intended audience determines the promotional mix. Publicizing, individual selling, and deals…
Q: Define Non-price competition.
A: Competition in market is said to be inevitable which means it cannot be eliminated but could be…
Q: What are some examples of indirect competitors for Puma ?
A: Puma is a German Multinational Corporation that makes sporty and athletic footwears and also…
Q: Explain the STEPS IN SETTING THE RIGHT PRICE ON A PRODUCT?
A: Pricing means fixing a price for a product or service at which it will be sold in the market and…
Q: Define FOB origin pricing.
A: Marketing mix is said to the tactical tool which lays down the comprehensive plan for promoting…
Q: Explain the five types of discounts for business products.
A: The discount and allowance facility is particularly important in the selling and distributing of…
Q: What Is Price?
A: Marketing mix is essential strategy which presents the entire marketing planning of the business. It…
Q: Provide SWOT analysis of SM Investment Corporation Note: Give five (5) factors per letter.
A: SMIC stands for SM Investments Corporation and is a holding corporation. It operates in the retail,…
Q: Which pricing is more profitable: premium pricing or captive pricing?
A: Captive pricing-One of the example of Captive pricing is razor blades for shaving razors. With this…
Q: What is meant by a pricing strategy?
A: Price is important because it can influence whether or not a customer buys a product. After all,…
Q: Define Profit Maximization?
A: Profit maximization has an indirect impact on economic and social well-being. When a business makes…
Q: Why brand insistence is the least common level of brand loyalty?
A: A brand can be defined as a collection of tangible and intangible characteristics used to build…
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: What is status quo pricing?
A: Pricing is best described as the step by step practice of determining the right price for the…
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: Give two examples of how the political / legal forces can impact the performance of the hospitality…
A: Political factors: Any country's hotel sector is heavily reliant on tourism, and also on a country's…
Q: Understand the concepts of dynamic pricing and yield management systems?
A: Price is the economic value set by the company on the manufacturing products produced by it. It is…
Q: Explain the process of market segmentation.
A: Market segmentation, at its heart, is the strategy of breaking your target market into accessible…
Q: identify whether you think exploratory, descriptive or causal research would be the most…
A: Causal research Causal research, generally known as the research method, investigates whether two…
Q: Explain odd-number pricing.
A: Pricing consists of the process of setting the value that a firm receives by selling its product or…
Q: How does plan strategy, ploy strategy, and pattern strategy are adopted in the corporate world?
A: Even though the term "strategy" has typically been defined in only one way, it has been used…
Q: What is Discretionary income?
A: After you've paid for your fundamental needs, you'll have discretionary cash, which you may spend…
Q: Explain the decline stage?
A: Product life cycle brings the idea of managing various stages that a product experiences from its…
Q: Why pricing strategies are flexible during the maturity stage?
A: Product Life cycle is said to life cycle which is present in a diagramatic form to get clear…
Q: Explain status-quo pricing.
A: A pricing strategy is a plan of action in which a price is determined for the product depending on…
Q: What is Penetration Pricing?
A: Pricing is a Marketing concept. Marketing has a company to build customers and retain them for long.…
Q: State the major ways to improve a product mix.
A: Concept Of Product Mix - Product Mix, is a kind of concept, which is also known as the product…
Q: Discuss both the positive and negative aspects of learning online with the assistance of artificial…
A: These are some of the benefits and drawbacks of artificial intelligence. Every new technology or…
Q: Explain customary pricing.
A: The practice of pricing is challenging for the business as it requires accurate understanding of…
Q: Is it a good strategy to focus most marketing efforts on the most profitable customers?
A: Marketing is an ever-evolving and dynamic field. The most effective digital marketing strategies…
Q: What is meant by an intangible product?
A: Intangible products come in a variety of shapes and sizes. Unidentifiable products are more…
Q: Define breakeven quantity.
A: Breakeven quantity is the units that a small business needs to sell to cover the marketing program.
Q: In what ways wholesalers help retailers?
A: A wholesale business buys huge quantities of items directly from producers or distributors and…
Q: Business and individuals are choosing online or electronic communications rather than face-to-face…
A: Electronic Communication or E-communication is a technique of communication in which a person or a…
Q: How Fine-tune the base price with pricing tactics.?
A: Pricing Strategies: When selling a product or service, a company can employ a range of pricing…
Q: Explain the types of Brands.
A: Branding is said to procedure of creating identity for the business or its product in order to sell…
Q: Describe the classifications of consumer products.
A: Consumer goods, also known as final goods, are the finished products of production and manufacturing…
Q: What are the Objectives of sales-oriented Pricing?
A: Price is important because it can influence whether or not a customer buys a product. After all,…
what spirituality is and how it is supported by the company's values.
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- Explain what is spirituality? and how do you think it can be used in Marketing? Please explain it with the help of an example.What would be Dove's external factors (soaps)?Perceiving ethical questions as important and ability to redefine the context are main characteristics of: Select one or more alternatives: Family business Women entrepreneurship Intellectual entrepreneurship Social entrepreneurship
- What does it mean to say that natural law theory is teleological?What are the basic elements of the Hip Hop style? How is the Hip Hop style different than other styles of Popular music? How has Hip Hop influenced other popular music styles?What do you understand by the term “acculturation” and why is it an important concept for us as business managers
- What values can be derived from dancing hip-hop that can be applied in your daily life? Explain.Critically evaluate the VRIO as a framework to identifycompetitive advantages and disadvantages. Use examples andrelevant literature to support your answer.What are the potential downfalls and positive influences of the “Netflix way”?