Q: n class we discussed qualitative and quantitative market research. Which of the following are…
A: Marketing research is a considerably older discipline than consumer research. Despite the fact that…
Q: what is PepsiCo Situation Analysis?
A: The Marketing Magnates group was entrusted with leading a circumstance investigation of PepsiCo. The…
Q: To win a suit for negligence, injured person must show all but one: Select one: O a. The company s…
A: * Option C , The company acted with total care and respect to the harm that could result.
Q: What is a consumer product? Describe the characteristics of each type of consumer product and give…
A: Generally, any object offered for sale is referred to as a product. A product might be either a…
Q: What are the different types of marketingchannels?
A: Distribution in marketing explains entire procedure through which goods are made available to…
Q: Under what conditions would a firm be most likely to use non-price competition?
A: Non-price competition refers to how firms seek to increase sales and attract customers in ways other…
Q: List the Marketing 5P's and give example in each.
A: The marketing mix five P' would be a very important tool for assisting us in seeking to develop the…
Q: communicatlon The
A: Marketing mix is formulated and created by the organization by focusing on the fields of product,…
Q: explain Tacit and explicit knowledge with example using Apple company
A: Tactic knowledge and explicit knowledge are two forms of knowledge which are used by companies and…
Q: The Tesla is a differentiated product. Why? What does the Tesla buyer value? What will happen to…
A: * Introduction - Tesla is an American-based Multinational organization that operates in the Clean…
Q: What are the benefits of obtaining information through telephone calls?
A: Information refers to the processed and organized and structured form of data which helps in…
Q: Your average sale is $1000 with a 50% profit margin. Last year (2020) you had 100 returning…
A: Customer Lifetime Value: A forecast of the net profit created throughout the length of a customer's…
Q: rawbacks to adopt
A: B2C stands for "business-to-consumer," and it refers to interactions between a corporation that…
Q: Why has Herbalife’s multilevel compensation model been accused of being a pyramid scheme? Describe…
A: There are many ways of doing business. Some people sell goods and services while others sell their…
Q: Define crowdsourcing and explain why companies use it in new product development. Describe an…
A: Crowdsourcing means the involvement of a large group of people via the internet or social media for…
Q: General context of the role of intrinsic rewards in the link between employee quality of work life…
A: intrinsic rewards of performance of the employee The main goal of this study is to find the impact…
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: What are the major differences between consumer and trade sales promotion methods? Give examples of…
A: The goal of both consumer and trade sales promotions is to increase revenue. Still, consumer sales…
Q: Using examples from the Ghanaian environment, describe the key components of facility decisions and…
A: Facility decisions refers to the physical structures which to build build to influence and promote…
Q: When General Electric uses the Internet to purchase materials from its suppliers, it is using a B2C…
A: Digital Marketing gives business perspective of incorporating digital mediums for promoting goods…
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: “Peanut Butter” written on a plain white label isan example of a generic product.; True or False
A: A generic market can be referred to as a market in which such products or services are sold that are…
Q: Recognize the kinds of salespersons, the steps in the personal-selling process, and the major sales…
A: Salesperson- An employee who commercializes a business's services or products is called a…
Q: The two types of social media measurement arequantitative and qualitative; True or False
A: Digital marketing is the practice that involves internet facilities for promotion of goods and…
Q: Some content suppliers have set up their own networks for distribution. Google's network may be…
A: * Introduction - It has been rightly mentioned that the suppliers nowadays maintain their own…
Q: ___________A customer tracking system is an example of e-business _______________ resources. a.…
A: E-business states about business activities which are performed on online websites. It requires…
Q: Describe the options available to marketers of products in the decline stage of the product life…
A: Product life cycle is the stages which every product go through in its life. There is Introduction…
Q: Distinguish between online transaction processing (OLTP) and data warehousing solutions. Also,…
A: Data warehousing systems vs Online Transaction Processing: A data warehouse is a strategy that…
Q: 13. Which of the following statements about the key functions perfor marketing channel members is…
A: People, organisations, and activities to make products and services available to consumers are…
Q: What are the two fundamental e-business models?
A: E-Business (electronic business) alludes to any procedure carried out by a business organization…
Q: _______ Its focus is to facilitate sales transactions between businesses
A: Marketing works for business by formulating strategies to attract and promote business goods and…
Q: Storekeeper Duties & Responsibilities
A: Storekeeper is the person who is responsible for the stick of goods and inventory and manages all…
Q: In each case, justify the use of business continuity strategies. For a week, the local power…
A: Business continuity strategy is used to come back normalcy in the event of crisis. It is a recovery…
Q: Channels of distribution represent a critical area for companies to address. Discuss this from the…
A: Distribution channel makes is possible for the products to reach their final consumers. It takes a…
Q: John said, “As economic recession is expected next year, let’s reduce the inventory for all types of…
A: One of the simplest items of recommendation to corporations because the economy enters recession is…
Q: ________ Like many other food establishments, Denny’s offers a senior citizen’s discount. This is an…
A: Pricing is the method through which business may effectively sert optimal price for their designed…
Q: What are the competitive, legal, political, economic, technological, and sociocultural factors…
A: Features of marketing: 1. Marketing that is focused on the customer: The marketing function of a…
Q: Discuss a recent change in the technological environment that impacts marketing. How has it…
A: Marketing is the activity of management of a product/service or both in a manner that buyers buy it…
Q: Identify the major trends in the firm’s natural and technological environments.
A: The natural environment is a component of the external environmental variables which is not inside…
Q: _______ This middleman carries a few lines with many products within each line.
A: Purchasing large quantities of items from a manufacturer and reselling them to merchants, who then…
Q: It is necessary in the production of a product. An entrepreneur chooses the cheapest possible but at…
A: * Introduction - For an entrepreneur, it is almost of very high priority to choose the cheapest…
Q: What are vertical marketing systems? Identifythe major types
A: Distribution process gives a medium through which manufactured goods reaches to end customers. The…
Q: In your own words, Explain What are the advantages and disadvantages of digital photography? Write…
A: Digital photography refers to the use of electronic and computing devices to capture, create, edit…
Q: dentify five toxic business behavior of producers or consumers in the Philippines. Propose a…
A: Somewhat, somewhere all the organizations which are involved in the process of selling by…
Q: What can be used to facilitate the exchange of data between business partners (such as for purchase…
A: Business expansion and growth are significant for the survival of operations and activities. Today,…
Q: the process of making a product or service avallable to the cons - the delivery of products through…
A: 1. DISTRIBUTION It is the process of making a product or service available to the consumer or…
Q: WORK IT OUT You're considering opening a boutique clothing store in Poblacion, Cabanglasan,…
A: * Introduction - Feasibility analysis is a type of analysis in which various business tools are…
Q: ou are required to carry out a project of launching of a new product on beeswax food container/…
A: * Introduction - Before diving deep and understanding various stakeholders of the Beeswax wrap, let…
Q: __________Product modification makes changes to existing products in three primary ways. They are a.…
A: Every product will go through Various stages during its life cycle. These stages are introduction,…
Does making a product prototype really help in launching a new product? why?
Step by step
Solved in 2 steps
- What is the purpose of a prototype in the product development process, and how does it differ from the final product?What is the purpose of a prototype in product development, and how does it differ from the final product?What is the purpose of a prototype in the product development process, and how does it contribute to the success of a project?
- How much of a factor does software currently play in the overall quality of a product?What does new product development require?Once a product manager signs of with the product developer why is it necessary to circulate this acceptance to all the other members of the product development team? How does this benefit the company?
- Who is in a better position to generate new product ideas the customer or the company's employees?Discuss the first three steps in the new product Development process and give example 1. Idea generation 2. Screening and preliminary investigation 3. Specifying the product featuresWhat is Customer centered new product development?