1. What are the advantages when undertaking a competition analysis of defining the relevant market at the start of the process? Are there any disadvantages? Carefully explain your answers.
Q: How can marketing managers identify opinionleaders?
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Q: Discuss several total products that are more than their direct features?
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Q: How can marketers utilize opinion leaders?
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Q: What is meant by family decision making? How candifferent members of the household be involvedwith d...
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Q: Explain reference groups and the criteria used toclassify them.
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Q: Compare the performance measures of social media linked to costs (inputs) versus revenues (outputs).
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Q: Explain what makes an effective marketing plan.
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Q: How can a marketer use knowledge of how familymembers seek to resolve conflicts?
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Q: Explain the importance of relationship marketing.
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- What 2 current trends/issues should every company subscribe to? Why? Please explain.Please do not give solution in image format thanku MaaraCollective (Jacket + Blazer) 2.0 strategic (situational Analysis) SWOT Analysis Opportunities / threats analysis (external ) - identify the main opportunities and threats facing the business (at least three opportunities and three threats ). Hint: Think about the customers (i.e., current and future needs, wants and values of the customers, key trends), Competitors (their size and market share, strengths and weakness, marketing strategies, target market, positioning), uncontrollable environmental factors within the environment, which the company must deal with (e.g., political forces, Economic forces, Sociocultural forces, Technological forces Environmental, Legal forces). 2. Strengths/ Weakness (internal) - Here you need to identify an organisation's strengths and weaknesses (relative to competition, and bearing in mind the consumers’ needs and wants); competitive Advantage: What special advantages does your business…plz make an assigment about walmart and choose: In light of the above important statements you are required to: 1. Select a company of your choice preferably a merchandizing company. 2. Give a brief explanation of the business and financial environment of the company selected. 3. Download the selected company’s Income statements and Balance sheet with a clear inclusion of Total Assets and Total liabilities. 4. Identify the Gross working capital and Net working capital of the selected company. 5. Prepare a capital budget of the company. It wants to invest to an extended project which required an investment of $1,000,000. The company is expecting a cash inflow for the next 6 years as $200,000, $300,000, $ 400,000 $ $450,000, $500,000 and $400, 000, respectively. If the company has a cost capital as 11%, determine the simple payback period, discounted payback period, Accounting rate of return, Net present value, Internal rate of return, and profitability Index 6. Conclusion 7. Reference…
- 1. Present the vision, mission, core values, and objectives of Jolibee, McDonalds, and KFC. 2. Compare and contrast how these companies are performing based on product quality and services. 3. What differences do you note between its VMO's and the company's present position or status based on its established brand image.For Funher Research (Individual) Do a little researchand find an example of a firm that attempted to sell aproduct or set of products online and failed.a. What do you believe are the key factors that led tothe failure?b. What could the firm have done differently to increase the chances for success?Imagine that you are a marketing manager, and you have a mission to map out marketing strategies for a company. As a marketing manager, you will write a consultation report. Analyze a company with respect to their marketing strategy as it relates to SWOT, analysis, 4Ps. What is the company’s history or background? What is the company’s current strategy? Is this an effective strategy? What other strategies could they use?
- Make TOWS ANALYSIS of the following. Need asap thank you Strength 1. Variety of products - variety of baked food items 2. Simple business concept 3. Target market is all demographics - catering for all ages Weakness 1. Similar business such as bakeries sell similar items for cheaper prices. 2. Operating only in limited areas 3. Vulnerable to competitive pressure Opportunities 1. Ability to develop additional stores/expansion 2. Bakery industries are growing at a fast speed and demand for quality food is never ending 3. Product expansion Threats 1. Competitors - There is a competition of bread since there are different brands, with good packaging and competitive prices 2. Continuous increase of ingredients’ prices3 Compare the advantages and disadvantages of Ben & Jerry’s attempting to expand sales revenues by us- ing (a) a product development strategy or (b) a market development strategy.For Furrher Research (Groups) Identify a large company, like Disney, that has several SBUs. Using the BCGmodel, assign at least one SBU to each category in themodel: star, cash cow, question mark, and dog. Includeat least two pieces of data for each to justify your categorization. Prepare a short presentation to share withyour class.
- Critical Thinking A study conducted by Adobe foundthat 77 percent of marketers surveyed believe thatdata on customer purchase histories can improvemarketing performance, yet only 21 percent actuallyuse it. Similarly, 88 percent believe that behavioraldata can have a similar impact, but only 20 percentuse it. 57 These statistics highlight a contradiction between the perception of marketing analytics' valueand the actual frequency of execution of marketinganalytics. Why do you think this is? If you we,e incharge of implementing marketing analytics into anorganization, w hat hurdles would you expect to encounter and from whom, and how would you overcome them?Please answer all questions by explaining both right and wrong answers 1. In the BCG Growth Matrix an SBU which has weakened competition and requires no serious cash investments is called A. Dog B. Question Mark C. Cash cow D. Star 2. The most formal definition of marketing is A. Meeting needs profitably B. Identifying and meeting human and social needs C. The 4Ps (Product, Price, Place, Promotion) D. An organizational function and a set of processes for creating, communicating, and delivering, value to customers, and for managing customer relationships in ways that benefit the organization and its stakeholders. 3. An advertisement that is paid by several organizations is called A. Combined advertising B Cooperative advertising C. Integrated advertising D. Marked down advertising 4. The buying process starts when the buyer recognizes a A. Product B. An advertisement for the product C. A salesperson from a previous visit D. A problem or needJurongHealth What strategic business objective do UPS’s information address?