personal values assessment

Study the evolution of any brand/company of your choice regarding its target market.   In addition, also discuss how the brand/company differentiate and position its products/services to get the maximum competitive advantage

It refers to the factor or consideration exhibited by a company, service, product or brand as the reason that one product or service is different from and better than the others and that enables it to stand out from competitors.

If you do not have a large market for your product or service, what should you do to be sure it retains its value? Make sure to scale your business and its cost to the size of your market. Identify other products or services that you could include alongside the original in order to increase market size. Consider ways to substantially change your product or service in order to increase your market size. Shelve your idea; perhaps the market will increase in future.

An entrepreneur is looking to open a restaurant in a town with only one other restaurant. The incumbent restaurant is very successful with high profits. Which of the following business strategies are most likely to allow the entrepreneur to start a profitable restaurant? Select all that apply.   A) Offer the most popular dish served by the incumbent restaurant.   B) Open the restaurant location near the incumbent restaurant.   C) Use new technology and business practices to cut variable costs lower than the incumbent restaurant.   D) Specialize in a type of cuisine not served by other restaurants in the region.   E) Set prices lower than the incumbent restaurant to capture market share.

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Advertising and Integrated Marketing Communications.  Identify messages that you have seen or heard from several companies. Are the companies being consistent with their messages across the markets they are targeting? What factors are causing the media landscape to change? How can you maximize the reach of the promotional mix on a limited budget (that is, how can you get the most exposure for a minimal investment)?

From a marketing strategy and customer intimacy perspective, to what extent do you believe companies ‘know the business they are in?

Consider any brand of your choice and discuss the stages of it's product life cycle and also the strategies that it will adapt in each stage of life cycle.

Identify two products that have either (a) fallen sharply in price or (b) gotten significantly better without price increases. How did these changes come about? Describe how society benefits from this type of market competition.

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Identify an industry where small and large businesses compete with each other. If you own one of the competing small businesses, what strategy would you adapt?

Build a chart with columns for traditional grocers, Instacart, and FreshDirect. Add rows showing various advantages to the firm and consumer and use the row/column intersection to show whether the alternative in the column has an advantage over its rivals. Also list how the advantage is realized (e.g., lower costs/higher profits, or strategic asset creation such as improved brand, more data, switch cost creation)

What type of goal focuses on increasing brand awareness? a) Monetary goal b) c) Strategic goal Developmental goal d) Quantitative goal

Solve step by step with details explanation

describe the types of market structure that exist in the tourism industry of Cyprus.     Only Typing Answer

Discuss it in your own understanding and then give example each of the following:   Tangible and Intangible Market Structure ( Perfect Competition,Monopoly Competition and Oligopoly Competition) Price and Production Local and National market Consumer and Producer goods Demands Law of demand Utility and Demand

Information  about Competitive market

Choose the correct answer for the following statements : i. Increased competition in a monopolistically competitive market following an economic integration of countries, could also lead to increased market shares for some firms. True/False/Uncertain. ii. The overall industry performance and productivity would improve in an economy if it were exposed to international trade. True/False/Uncertain.

Your friend, who has not taken any courses in economics, just inherited a company in another state. In three weeks, they will begin running a company about which they know nothing (not even the company's product or service). Explain various markets and how they work to your friend so your friend will be able to run the company.

Comparing Market Types Another Name for Firms Special Traits Number of Kind of Type of Market Barriers to Entry Producers Competition One None No entry possible Price-setter Only one firm Monopoly Primarily non-price competition Firms can collude and behave as a monopolist Medium barriers Oligopoly A few (difficult entry) N/A Non-price competition; price competition Product differentiation and branding Low barriers Monopolistic Competition Many (easy entry) Price-maker No barriers (free entry) Perfectly elastic demand Perfect A great many Price competition Price-taker Competition Using the chart above, if you were a buyer (consumer) which of the four market structures would you want to buy from? Explain the benefits that come from this level of competition.

A free market is one where decisions regarding what and how much to produce are made by the market itself. This market is made up of buyers and sellers negotiating prices for goods and services. It is generally accepted that there are four degrees of competition within a free-market system. These include perfect competition, monopolistic competition, oligopoly, and monopoly. One benefit of the free market is that it allows open competition among companies. Businesses must provide customers with high-quality products at fair prices with good service. If they don't, they lose customers to businesses that do. Select the degree of competition that best describes each listed industry or business based on the description.

Competitive Advantages and Competitor Analysis

True/False In Perfect competition market, differentiated goods are sold.