Every time you go to your firm’s lounge to get a cup of coffee, the pot is empty. Why?

Q: you don't usually see luxury brands like Burberry and Balenciaga have their shops in the exact same…

A: Luxury brands offer high levels of symbolic and quality values through client experiences. They are…

Q: What is cost leadership strategy? Critics say that it is nothing strategy. Do you agree? Give your…

A: Cost leadership strategy: It is an cost strategy introduced by a firm where they claim to avail…

Q: How can brands create the perception of products through advertisement and social stratisfaction?

A: Businesses have their major events and aspect that needs to be catered for the economy has a driving…

Q: what are some pricing tactics used by companies? What form of price discriminations might a company…

A: what are some pricing tactics used by companies? Answer: Profit Maximization, every firm wants to…

Q: From a marketing strategy and customer intimacy perspective, to what extent do you believe companies…

A: In democratic government typically, it has been seen that there is both public and private sector…

Q: why monopolistic competition the food industry

A: Barriers to entry conveys the number of restrictions faced by a business firm in its attempt to…

Q: how to maximize profit in monopoly, competitive market, oligopoly and monopolistic competition?

A: Monopoly is a form of market where there is a single seller in the market. This seller is a price…

Q: Imagine a scenario in which the fashion industry is suffering from monopolistic price gouging and a…

A: The price gouging is a situation when the firms charge high prices that are unfair. The prices of…

Q: Assuming there is no collusion, what is the solution ?

A: Scenarios such as above, where two interesting players do not know what the other person's strategy…

Q: Why would consumers knowingly buy counterfeit luxurybrands?

A: Consumers buy products that producers produce. Some products are necessities, some are for fun, some…

Q: Normal profit is

A: To find : What is normal profit

Q: In what situation would a company give a discount?

A: Company is a profit making as well as employment generating organization. It provides the consumers…

Q: What would cause a monopolistic competitive optometrist to face a down-ward sloping demand curve?

A: A monopolistic market is characterized by the presence of a single firm in the market. A single firm…

Q: What is the reason that Wholesalers are the most misunderstood of marketing intermediaries?

A: When talking about market intermediaries, wholesalers and retailers play a significant role in the…

Q: Take into account the following: Do you think that ten to fifteen years ago, marketing technologies…

A: There is no way that marketing tools like Big Data and Predictive Analytics would have been as…

Q: Are golf balls really differentiated products? Explain why or why they are not?

A: Golf balls are a common example of a monopolistic competitive market. It is known that any specific…

Q: You are the BRAND MANAGER of "AFTER EIGHT "

A: GIVEN   Scrutinize the use of social media platforms such as Facebook, Youtube, Twitter, Instagram…

Q: You are planning on starting a fast food restaurant to compete with Chick-fil-a, Zaxby's, Popeyes,…

A: In microeconomics, the markets are divided into four types : monopoly, perfect competition,…

Q: What is transfer pricing?

A: Transfer Pricing is the method of pricing transaction between the companies which are under same…

Q: Your friend Stan owns a coffee shop in a monopolistically competitive industry. One day, Stan tells…

A: Monopolistic competition refers to the market organization in which there are many sellers of a…

Q: What is meant by Promotion Mix? Explain its components

A: Promotion mix is the integration of various factors which helps in the promotion of goods. They are…

Q: Why e-commerce are considered as near perfect competition?

A: Perfect competition is a type of market structure in which there are large number of buyers and…

Q: From a strategic standpoint, profit centers tend to:

A: Firms will always focus on profit generation.

Q: Which branding strategy is Hilton using? Why is this appropriate for Hilton?

A: Hilton is using a brand strategy that makes its services unique from others. Hilton occupied the…

Q: The profit maximizing combination of two products is found where?

A: A Production Possibility Curve (PPC) is a graph that shows all the possible combinations of two…

Q: Collusion

A: Collusion: - Collusion is the secret agreement between competitors.

Q: What is characteristic in the marketing of services as compared to commodities, merchandise or…

A: Service marketing is a concept which focuses mainly on the business of non-physical intangible…

Q: How does merchandise flow through a typical marketingchannel?

A: The individuals, organizations, and practices required to move possession of products from the level…

Q: Find or write an example of a poorly written business communication and revise it. Focus on…

A: Business communication refers to the flow of information between employees of a company and the…

Q: A dry cleaner has a sign in its window: “Free Internet Coupons.” The dry cleaner lists its Web site,…

A: 1. The people who don't use the coupons are probably less price sensitive than the people who use…

Q: Which of the following statements about a sales-oriented company is FALSE?

A: Sales oriented companies are the companies that basically focus on the development of a sales force…

Q: List three factors that make collusion possible?

A: When there is an illegal agreement between the rivals that attempts for disrupting the equilibrium…

Q: Why did the competitor change the price?

A: Under perfect competition market price setting is not a problem since it is already set or…