Q: In a way that is both critical and analytical, discuss the benefits and drawbacks of receiving an…
A: Artificial intelligence (AI) is the capacity of a computer or a robot controlled by a computer to…
Q: State the major marketing functions.
A: Marketing is know for the process where a value is created and delivered to customers for satisfying…
Q: What is meant by the performance feedback?
A: Human resources departments usually design performance appraisals to advance in their careers as a…
Q: Name the categories in which business products are classified.
A: A product is something or service that is supplied to meet the needs or desires of a consumer. They…
Q: What type of market is Huy Fong targeting with its sriracha sauce?
A: Market- It is a place where makers, retailers or distributors sell and customers buy that product.…
Q: Name the steps of marketing research.
A: Marketing function is performed by a business nim this competitive and digitalized era of business.…
Q: What is the reason that marketers have more access to reliable data?
A: Big data and analytics may also assist a company in forecasting customer behavior, improving…
Q: Imagine you are the managing director of a full service restaurant. One day you receive a complaint…
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…
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: What is the advantage of having the information on the products?
A: Information on the products refers to various kinds of knowledge related to a particular product.…
Q: State the important issue in pricing.
A: Price is the monetary value paid for a product in a marketing exchange; it could also be things you…
Q: Explain the process of job redesign.
A: Skills are the knowledge or expertise in a specific field that will be required to execute a given…
Q: Define the trademark of a product.
A: Intangible Assets are those assets that can't be seen or touched but they provide economic benefits…
Q: How are the four areas of operations control interrelated?
A: Operations management acts as a vital and active role in all the businesses associated with the…
Q: What is the importance of branding?
A: A Brand is a name, term, symbol design, sign or combination of all to differentiate the product of…
Q: Video games a Select one: O True O False
A: Creative industries refers to the activities which involves generation and exploration of knowledge,…
Q: What is the basic function of packaging materials?
A: The container or wrapper that holds a product or group of products is called packaging. Most…
Q: Demonstrate how the product life cycle, competition, distribution and promotion strategies, customer…
A: The price a seller charges needs to consider, and be consistent with, the objectives and costs of…
Q: Define the term wholesaler.
A: Wholesalers assume a significant part in the advertising channel structure. Several channel systems,…
Q: Research and give at least 5 examples of co-creative service design.
A: Introduction: Co-creation is a method where a business allows its consumer to take active part in…
Q: What is Multiple-unit packaging?
A: The packaging depicts the wrapping or the outer cover of the product to prevent the product from any…
Q: Explain product life-cycle.
A: Concept Of Product - Product, is that type of concept, which is described as a type of an item or a…
Q: What is meant by the process of Marketing research?
A: Thousands of start-ups are launched each year, and each one of them believes that their idea will…
Q: How does a consumer market differ from a business-to-business market?
A: Marketing is gives the undertaken for the purpose of ensuring that customers know about products'…
Q: • Assume that you need to do a market research before launching a “car service at doorstep” business…
A: Qualitative Data Collection: It's about people's perceptions, thus qualitative data is descriptive…
Q: Explain the benefits of branding.
A: Marketing helps the company to create brand and customers. It helps them to create exchanges with…
Q: Define line extension.
A: Line extensions occur when a company introduces new flavors, forms, colors, added ingredients, or…
Q: Some firms do not delete products until they become financially threatening. What problems may…
A: Product deletion is a process in which, product which is failing or not performing well, gets…
Q: What is your thought or insight about the paragraph below? Website give stakeholders and consumers…
A: Social media is increasing due to internet technology which is providing it wider reach and…
Q: Define differential pricing.
A: There are various pricing methods used by firms. For example, there is price skimming method, in…
Q: estion (3) Jane is a 'textbook' speculator, in the sense that her position in the market is based on…
A: The question is about Jane being a textbook speculator. This person would have to do hard research…
Q: 1. Mr. Pangilinan, proprietor of Belle's Pizza Place, allocates Php 9,000 a month for advertising in…
A: Advertisement is a form of mass communication aimed at reaching the prospective customers to make…
Q: Why is a company's strategic map important to create
A: Every company is a collection of individual factors in a value chain that leads to results and…
Q: How might buyers’ perceptions of price influence pricing decisions?
A: Price is important because it can influence whether or not a customer buys a product. After all,…
Q: Which issues should be considered when selecting a brand name?
A: A good brand name should be unique and distinctive so that the target customers can easily recognize…
Q: How accurately can managers plan for future human resources needs?
A: Human resources are an important component of any business's success that may either help or hinder…
Q: Explain the compensation system.
A: A well-defined and balanced compensation system allows an organisation to maintain both internal and…
Q: What are the benefits of concept testing of products?
A: Release a new product without adequate concept testing is akin to sailing through uncharted waters;…
Q: Explain customary pricing.
A: The practice of pricing is challenging for the business as it requires accurate understanding of…
Q: Define dynamic pricing.
A: For starters, dynamic pricing has the potential to increase sales significantly. You can adapt to an…
Q: some Social-Cultural examples for PUMA
A: Puma is one of the leading brands in the world associated with sports accessories such as footwear.…
Q: Why is it important to consider the buyer’s sensitivity to price when pricing products?
A: Buyer's sensitivity refers to the extent upto which, consumers behaviour related to buying changes;…
Q: Define product line.
A: Companies create product lines as a marketing strategy to capture sales from customers who already…
Q: What are the problems associated with the tell-and-sell interview?
A: The tell-and-sell method's goal is to present employees with feedback on their performance, acquire…
Q: Write down two conditions (there can be more than two) under which some consumers' decisions of…
A: Marketers rely largely on systems that collect behavioral data from customers to create marketing…
Q: Define breakeven quantity.
A: Breakeven quantity is the units that a small business needs to sell to cover the marketing program.
Q: What are the two major components of a marketing strategy?
A: The activities of a business related to the purchase and sale of a product or service are referred…
Q: What is transfer pricing?
A: The Organisation for Economic Co-operation and Development (OECD) guidelines discuss transfer…
Q: What is meant by wage survey?
A: A survey of employers in the same industry and/or location to determine the wages and salaries paid…
Q: What is the condition that the diversity program will be successful?
A: Diversity management refers to the effort made by the leaders of the organization to promote talent…
Explain the benefits of the Promotion Strategy?
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