1. Why do role models have an impact on a person's decision to become an entrepreneur? Do you think that a person whose parent was an entrepreneur of a failed business is more or less likely to start his or her own business than a person whose parents were managers of large, established companies?
Q: Who are distributors or jobbers?
A: Many manufacturers do not sell products or services directly to consumers; instead of relying on…
Q: What is Yield Management Systems?
A: Greater understanding allows you to meet the needs of your target market better and, as a result,…
Q: Expose the types of intermediaries that the manufacturers engage
A: Intermediaries help companies market their products and services to customers, and they may be found…
Q: What information does the Introductory stage give?
A: An item's life cycle is from an item initially being acquainted with buyers until it is eliminated…
Q: What is leader pricing (loss-leader pricing)?
A: Pricing determines the amount of money a manufacturer will get in return for services and…
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: What are the benefits of zone pricing?
A: Price is known as the worth which producers attach to the product to sell it at that value in the…
Q: 3. We typically focus on firm from well-developed economies entering markets of less developed…
A: Some countries have a natural advantage, while others have toiled hard to reach where they are…
Q: What are the advantages of using automatic vending machines?
A: Automatic vending machines are the machines that operates without the direct involvement of…
Q: What are the Profit-Oriented Pricing Objectives?
A: The pricing objective of the company becomes the basis of what pricing strategy will it use to price…
Q: Explain Pricing during Difficult Economic Times?
A: Pricing refers to setting of price for a particular product, after considering various costs of…
Q: What is meant by the allocator?
A: The operating employee is a resource allocator. An allocator or a resource allocator is a vital…
Q: What is Helena Fogarty doing to build brand equity for Mi Ola?
A: Brand equity depicts the worth of a brand. Brand equity does not indicate the financial value of the…
Q: What are the 4 P's of marketing?
A: What is marketing Marketing is the promotion of your business products and services to a target…
Q: 5. How are we going to evaluate the competitive position of a development and how this will affect…
A: *Introduction and explanation - Before diving deep and understanding the impact of the competitive…
Q: Professional athletes and other celebrities are often idolized by the public, especially young…
A: Professional athletes are and other celebrities are the people who excel in their respective fields.…
Q: briefly discuss some advantages and disadvantages of a retail store having its own credit card as…
A: Low Fees Many retail credit cards have no annual fees and attractive initial bonuses. As a result,…
Q: What is the Effect of Price?
A: Price is important because it can influence whether or not a customer buys a product. After all,…
Q: State the important features of a product.
A: Any item or service that you give to meet a customer's need or desire is referred to as a product.…
Q: State disadvantages of cost-based pricing?
A: Cost-based pricing can be denoted as a pricing method that requires the marketer to calculate the…
Q: When a retailer is considering whether to participate in Apple Pay, is the decision process like a…
A: Digital payments have increased customer convenience and ease of use. Most of organizations have…
Q: 5. Why does the age composition affect the housing demand? How? 6. By what factors, are the…
A: "Since you have asked multiple questions so we will solve the first question for you. If you want…
Q: What are the benefits of Internet Auctions?
A: You've probably gotten used to ordering products online and delivering them right to your door.…
Q: ) Conduct a PEST analysis of a company that you know. Discuss briefly how PEST factors affect the…
A: Alibaba is a well-known Chinese e-commerce company. Aside from that, it is a prominent cloud player…
Q: What is a full-service wholesaler?
A: Wholesaling refers to any activities involved in selling goods or services to other businesses,…
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: What are convenience stores?
A: Retailing is the process of involving into different activities which makes the seller a retail…
Q: What are the Factors That Affect Elasticity?
A: Price elasticity of demand can be denoted as the quantity demanded of a product based on the change…
Q: Who is the middleman?
A: Middlemen: In a distribution or transaction chain, a middleman acts as an intermediary, facilitating…
Q: Name the types of pricing associated with business products?
A: For business products, the pricing strategy differs to a great extent from consumer products. The…
Q: What activities does order processing consist of?
A: Order processing refers to various activities or tasks to be implemented, after product order has…
Q: 9._________Fatiza majored in marketing and really enjoyed studies in market research. Through…
A: Business environment refers to the various micro and macro environment which surround the business…
Q: What are discount stores?
A: Retailers are smallest part of distribution channel but are close to customers than producers and…
Q: Why do products have to be deleted from a product mix?
A: No manager wants to be associated with a product failure, so he or she may either abandon the…
Q: Elaborate on which tools you would use to analyze website traffic and briefly outline the various…
A: The practice of recording, analyzing, & documenting data to gauge online traffic, together…
Q: What is the effect of diminishing marginal utility on quantity demanded ?
A: As indicated by the law of decreasing negligible utility, as an individual consumes a thing or an…
Q: What is Freight absorption pricing?
A: Absorption pricing, also known as full costing, is a pricing strategy. It entails capturing the…
Q: Evaluate the need for confidentiality in the contexts of a variety of research topics
A: For qualitative researchers, maintaining respondent confidentiality while presenting rich, detailed…
Q: What is the difference between variable cost and fixed cost?
A: The variable cost is the cost that is not constant or the same for a producer. The variable cost…
Q: Differentiate between single-line retailers and limited-line retailers.
A: A retailer is an independent business (ranging from a single location to national chains) whose…
Q: provide a SWOT analysis of the case study and please list and explain 3 weakness, 3 strength, 3…
A: Fyna foods is conducting it's SWOT analysis for the purpose of launching a new breakfast burger…
Q: What is meant by comparison discounting?
A: Determining the present value of a future payment or stream of payments is known as discounting.…
Q: 2/ List and discuss the major bases for segmenting consumer and business markets. (Market…
A: Market segmentation is the division of splitting a marketplace among varied identical segments of…
Q: How both buyers and sellers benefit from branding?
A: Brand is said to those business or product which got a superior position in minds of customers. It…
Q: What are the benefits of functional discounts?
A: The discount and allowance facility is particularly important in the selling and distributing of…
Q: How does technology facilitate collecting and analyzing marketing information?
A: Technology provides real and intangible benefits that can help you make money and deliver the…
Q: What is Exclusive distribution?
A: The distribution of goods can be elucidated as the activity or chain of delivering the finished…
Q: What steps are performed before a product’s price can be set?
A: Product Pricing: Product pricing is the process of converting a product's value into a numerical…
Q: What are unscrupulous firms?
A: There are various firms operating in th world and meeting the needs of various consumers in the…
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- 1. Look for people who qualify as (a) intrapreneur, (b) technopreneur 2. For each of the four personalities, relate a brief description of their business and explain what makes them unique entrepreneurs. Include business description and rationale for being a unique entrepreneur maximum of 150 words.What are the differences between a fixed mindset and a growth mindset? I need help with this question from an entrepreneur's point of view... How does mindset influence the growth of an entrepreneur?1.What are the risks and benefits of becoming an entrepreneur as opposed to working for others? 2.What is the major challenge presented by competitors like Amazon and Uber to Grubhub's business?
- Find answers to the following questions:a. Why is an entrepreneurial attitude important in largecorporations today?b. What makes an entrepreneurial employee differentfrom other employees?c. How are these employees being rewarded, and arethe rewards worth the effort?1. What is Tristan’s greatest achievement?2. What was that one thing that enabled him to be a successful entrepreneur?1. Do you think entrepreneurship is not for everyone? Why or why not? 2. Why is the environment considered to be a factor in the sucess or failure of entrepreneurships? 3. In terms of support for entrepreneurship, how may the environment be classified? 4. What does personality men? What does it include? 5. What personal traits are considered important to the entrepreneur?
- 1. Entrepreneurship, the concept has a huge meaning. When you hear the word, or when you think of an entrepreneur, what do you think of? 2. What do you think it takes to be a successful entrepreneur? What qualities must a person have (smart, serious, rich, etc.) to be an entrepreneur? What does it take for a person to be a successful business person? 3. If you were given one million dollars to start your own business, what are the steps you would take? What do you think you would need to start? What do you think you would need to continue to be successful? Think about how you would use one million dollars for a business idea and describe what you would do in 4-5 sentences. 4. Successful people often describe their relationships with mentors. If you could pick anyone to be your mentor in business, who would you pick and why? (It can be a celebrity, or a public figure) 5. A great business can find little success if no one knows about the company or product. What are some ways an…What does it mean when we say that an entrepreneur should work on the business, not in it?Vaynerchuk has been quoted as saying that if you live for Friday, get a different job. How does this apply to successful entrepreneurs?
- 1. What form of business organization did Henry Sy put up? Did it remain as it is? Why or why not? 2. What do you think is/are the key characteristic/s of the owners in their business success?Would Kristina Jones’s entrepreneurial/start-upstory be an effective element to include in CourtBuddy’s marketing efforts? Why or why not? Howwould this compare with the marketing efforts bysomeone such as Tata HarperA)What are the different types of Start-Ups? Explain it with an example the difference between Breakthrough innovation and Technical innovation? B)Explain the Entrepreneurial Process in your own words. What is Window for Opportunity? C)Consider an example of your own choice to explain the major differences between Entrepreneurship and Management when it comes to Decision making?