A case of cartel formation cited in the textbook is: The organization of the Premium Exporting Countries. ONATO Vitamin cartel for the sale of bulk vitamins. The World Bank. none of the other answers are correct.
Q: What is the difference between a merchantwholesaler and a rack jobber?
A: Wholesalers are the part of distribution channel that are dealing with wholesale quantities and…
Q: Identify the seven functions of a sales manager
A: A sales manager is someone who manages a company's day-to-day sales operations and leads and…
Q: Alicia is a self-employed hair stylist who owns her own salon. She has asked you to consult with her…
A: Every company try to increase its profits and grow. This growth attracts the investors in the…
Q: What is it about Google that Pinterest sees as its greatest competitor? Pinterest Pinterest puts a…
A: Pinterest's original aim of sharing has been replaced with a focus on search, making Google its…
Q: consider as you interact with different media platforms?
A: The things you need to consider as you interact with different media platforms is-
Q: commerce, list the 5P's of marketing and give example for each
A: Marketing mix is an important tool and framework with which the marketer will take important…
Q: Describe the cost-plus pricing method and discuss why marketers use it even if it is not the best…
A: Pricing is known as the procedure for setting a competitive price for the business products to be…
Q: Value proposition: how will you get customers pay for your services within the hospitality sector…
A: A value proposition is a statement that describes your company's position in your industry and…
Q: Describe thecommunicationprocess and how itrelates to the AIDAconcept.
A: Marketing- The activities a business undertakes to promote the purchase and sales of a product and…
Q: Explain Gravotter's theory of social exchange and how this theory can be put into practice for an…
A: Gravotter’s theory of social exchange talks about the two kinds of ties. In the tiebreaker, the…
Q: Describe
A:
Q: hen considering a high involvement purchase, what are reasons that consumers spend more time…
A: High involvement products requires customers to spend time and money before buying. These products…
Q: Go out for dinner VS buy a "cook at home" dinner at Fred Meyer Direct…
A: Since you posted a question with multiple sub-parts, we will solve the first three sub-parts for…
Q: Long-term financing is generally used to open new businesses; True or False
A: Long-term financing refers to any type of debt that will be repaid in less than five years.…
Q: Discuss, explain and expound why food law may be able to help on easy trade with the international…
A: With globalization the trade between countries in all the sectors has grown significantly. The food…
Q: Discuss the five factors that influence theeffectiveness of a promotional mix andhow marketers…
A: Promotion Mix- The blend of many promotional tools utilized by the companies to create, boost and…
Q: Explain E-commerce
A: The term electronic commerce (ecommerce) refers to a business model that allows companies and…
Q: Example of real-life situations wherein each type of project proposal can be used.
A: Business proposals simplify the sales process by laying out exactly what the project entails. The…
Q: Written Work #2 Directions: Read the questions and answer it in not less than five sentences. 1. Is…
A: It's far possible for a product to succeed in the market whether or not it has a distinguishing…
Q: Marketing refers to the process of communicating, creating, and delivering the organisational…
A: What is marketing Marketing is a set of activities depending on the creating, communicating,…
Q: If you are the owner of the service provider where you acquired the service, what will be your…
A: Service provider - A person or company that provides services to another person or company is known…
Q: What are the benefits of on-demand services for firms who are transitioning to the cloud?
A: On-demand computing is a computer system in which resources are made accessible only when they are…
Q: Describe the two major types of independentwholesaling intermediaries and theappropriate situations…
A: Intermediaries- An individual or organization that undertakes the role of linkage or mediators…
Q: What is cost-based pricing? How do companies use fixed and variable costs in cost-based pricing…
A: Pricing strategy discuss how a firm must allocate value to its produced goods in order gain maximum…
Q: Critique the statement by Lord Robertson “Globalization will make our societies more creative and…
A: Ans. Introduction The advent of globalization can be followed back to the eighteenth century, which…
Q: xamine the parallels and contrasts between Big Data and classic marketing research ideas.
A: Big data: Big data is basically an ability to eliminate the guesswork and target the customers' next…
Q: n order to make a motivated organization that is generating ideas from its employees what…
A: In order to motivate the employees so that they can help in generating new ideas, the organization…
Q: Identify the sevencomponents of thepromotional mix.
A: A marketing mix refers to a set of strategies, used by a company to advertise its product or product…
Q: orting business operations and activities today by enterprises, what role do the internet,…
A: Features of business operations: 1. Approaches to research. Processes are the steps that a business…
Q: Describe how the four elements of the marketingmix apply to retailing strategy
A: The concept of marketing is given by McCarthy. It includes products that can be physical or virtual…
Q: explain how companies find and develop new product ideas
A: A good idea can strike you out of nowhere at times. However, relying on these once-in-a-blue-moon…
Q: List and debate a variety of methods for communicating online, including: as well as the benefits…
A: With the evolution of the internet, many methods of communicating online have been introduced. These…
Q: What is neuromarketing and how is it useful in marketing research? Why is this research approach…
A: Neuromarketing is the term that measures the physiological and neural signals of people to gain…
Q: Why is sponsorship such an important part of a firm’s IMC?
A: When a company donates money or resources to a nonprofit event or program in exchange for specific…
Q: Which of the following are the characteristics of a strong presentation? Question 1 options:…
A: Presentation - It is an activity or practice to express ideas, thoughts, or opinions on any subject…
Q: Define product bundle pricing. Give examples where companies have used this pricing strategy.
A: Pricing strategy is the choice made by the company to select the right price for the product. Value…
Q: Whenever Katy considers upgrading her cell phone, she consults with Aaron, a knowledgeable friend…
A: Introduction: Diffusion of innovation curve helps us to understand the adaptation behavior process…
Q: Why have companies moved away from mass marketing and toward target marketing? Outline the steps in…
A: The difference between targeted and mass marketing is simple: mass marketing tries to reach as many…
Q: What are the five components associated with the cost ofachieving customer service standards in a…
A: Physical distribution refers to the marketing operations connected to the flow of raw materials from…
Q: Describe the decisions companies make regarding their individual products and services, product…
A: Product- Any service or item a company sell to serve the needs or wants of customers is called a…
Q: What are the contingencies and results of negative publication of reports or issues in our society?
A: The circumstances of the negative publication of reports or issues in the society from News Media is…
Q: Explain theconcepts ofretail convergenceand scrambledmerchandising.
A: Retail strategies for enhancing sales: 1. Use social media to your advantage. Business spend money…
Q: Implementation refers to what?
A: Every company or business organisation makes the plan or takes the decision tand then implements the…
Q: How important is trade credit as a source of short-term financing?
A: Trade credit is the most common and essential source of short-term financing for enterprises. Trade…
Q: Compare the seven different advertising media.
A: Advertising Media- The medium via which an advertisement is delivered to the public is called…
Q: Describe the four characteristics of services that marketers must consider when designing marketing…
A: The four characteristics of services that marketers must consider while designing marketing programs…
Q: Answer in four sentences from your reaction on : Sommer says that “recruiting is going to…
A: Getting the top talent hired in the company is getting difficult day by day. This is because of the…
Q: Which of the following is a reason integration (through say a merger) may be a better option than…
A: Which of the following is a reason integration (through say a merger) may be a better option than…
Q: What five factors affect the choice of apromotional mix?
A: To achieve a specific marketing goal, a promotional mix is a combination of marketing methods such…
Q: Help me answer the given question. 10. Define and differentiate the three common research…
A: Marketing research implies using customers and market related data for examining its trends and…
Step by step
Solved in 2 steps
- Evaluate the various aspects that SMC Ltd may consider when extending a CSR strategy from home to host countries in the below extract. SMC ltd is a subsidiary of the Swedish-based Andvik Group, which operates in 130 countries. SMC is a major supplier and marketer of underground mechanized mining products to the mining and major infrastructure sector. Locally, SMC is run strategically by a board that is mainly non-executive and includes managing director and country manager, Jim Tolley.SMC’s outstanding performance over the last six years is based on a strategy of improving customers’ operational efficiencies and profitability through the development of high-tech engineering products. SMC boasts an average global increase of 6% sales growth and an average 17% return on capital employed. SMC plans to double in size over the next five years. ‘We make it possible’, is SMC’s slogan.SMC is a service-orientated organization that prioritizes listening to clients’ needs to ensure that products…1. What do you think is the legal and political strategy that government can implement to address challenge in addressing issues and problem with prices instability? 2. When is the time that the power in the market switch to supplier? 3. What capabilities that a company should possessed enable them to achieve growth and success?What are the benefits to American medical providers of outsourcing certain well-defined tasks such as interpreting an MRI scan to foreign providers based in countries such as India? What are the costs? On balance, do you think that the kind of outsourcing undertaken by American health care providers is a good thing or a bad thing for the American economy? Explain your reasoning. What are the practical limits to outsourcing health care provision to other countries? Who are the primary beneficiaries of the growth of medical tourism? Who might lose from this trend?
- Recently USA announced an embargo on purchase of oil from Iran. Similarly, European Union increased customs duties on imports from China? So why are trade barriers imposed? How do Preferential Trade Agreements help in reducing trade barriers? Explain BrieflyHow would a brick and mortar business link its information systems with Amazon's if it were to employ FBA?Ahmed has recently joined the procurement team at Safari company, he is new to the concept of policies. Explain to Ahmed the benefits of policices? Explain to Ahmed the disadvantages of policies? Give an example of an environmental policy?
- Is the following statement correct? The bargaining power of suppliers in the automotive industry is weak because most of them are small players. Only a few of them are significant in size and the threat of forward integration is low. Suppliers have to play according to the rules set by the car brands. The vehicle brands like BMW, Ford, Toyota, and VW, influence the availability of raw materials and often switch from one supplier to another. Bitte wählen Sie eine Antwort: Wahr FalschDo note that no US tariffs are allowed on US exports as per the US constitution. Any example of a country doing it, and why?Covid-19 Pandemic has caused many businesses in many countries to close. List and discuss the factors of Diamond Competitive Advantage to develop the nations again.
- Answer all questions a to d A) Examine the pros and cons of trade agreement between two countries of one of the latest bilateral deals since Britain exited the European Union for both countries B) Many countries have entered into trade agreements for mutual benefits. The most recent in Africa is the African Continental Free Trade Area (AfCFTA). Examine how this agreement will impact participating African countries C) Much of the world’s current economic activities is concentrated in a group of countries called the Triad (Japan, EU and United States). What is the potential threat of China to these international economic drivers? D) Critically examine the extent at which the following factors have enhanced the growth of International Business: i) Expansion of technology ii) Growing consumer pressures iii) Increased global competition iv) Changing political situations v) Expanded cross-national corporationAfter the Seattle 1999 World Trade Organization (WTO) Ministerial Conference, in the next two years, large anti-globalization demonstrations rocked the International Monetary Fund and World Bank in Washington. Describe the role of WTO with respect to the following 7 aspects: knowledge of WTO/GATT, fostering trade liberalization, abolishing tariffs, increasing transparency, seeking resolutions, improving communication within trading blocs, controlling export subsidies, improving national welfare and competitiveness of developing countriesVarious parties occasionally call for import limits or levies on foreign produced items , most notably automobiles, so how these likely to be beneficial or harmful ?
