Felder, an Austrian manufacturer of high-end woodworking machinery, has only a handful o wrooms in the United States and does not sell its products through home improvement stores s is an example of distribution.
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- Critical Thinking In the buying center, the gatekeepercontrols information flow to others in the center. Thus,the gatekeepe, determines which possible sellers areheard and which are not. Does the gatekeeper havetoo much power? What policies might be implemented to make sure that all possible sellers are ueatedfairly?You are audit manager in a CK Chartered Accountants and you have been asked by your Engagement partner to draft an advert. He is of the view that CK chartered Accountants has not been advertising its services for quite some time now. As a starting point he has given you a draft advert which was done by a former audit manager. Below were the contents of the advert:1. CK chartered Accountant is the best accountancy firm in the SADC region if not the entire Africa.2. CK offers external audit, internal and accountancy services. 3. The adverts were to be displayed on every tree by way of a poster throughout the country The information gathered so far points to the fact that the Audit firm does not provide other services as earlier claimed.a) You are required to critique the above draft advert b) You have been assigned as Team Leader to the audit of Nyasaland enterprises for the year ended 31/12/2021. Nyasaland is a manufacturing firm which produces butter for exports both locally and…1. All of these are common misconceptions about what marketing is EXCEPT: a. it does not involve numbers. b. managing exchanges with customers c. making people buy things they don’t need. d. an art, and you either have the gift for it or you don’t. 2. Communicating value to your target market is covered through what? a. Product and Price b. Product c. Promotion d. Price 3. Which represents an intermediary relationship? a. A bank provides a loan to an individual purchasing a car. b. A private equity firm has invested in a logistics company. c. A logistics company purchases truck tires from Goodyear. d. A small bank uses an outsourced human resources company for its HR needs. 4. Properly designed and executed, marketing can do which of the following? a. Create a need for something b. Make people buy things they really can’t afford. c. Influence people to do things they don’t want to do. d. Make it more appealing to buy certain things over others.
- Describe how the Government publishes solicitations, describe how the information is disseminated. 2. Describe the different levels of competition and indicate if the Government has a preference of a particular level of competition. 3. Describe the justifications for other than full and open competition. PROVIDE FAR citationsWhat is music sponsorship? Why did Converse leverage it? Was music sponsorship an appropriate marketing strategy for Converse? Why or why not? Please no plagiarism.Moonlight Bank Ghana is currently facing keen competition. As the lead marketing consultant, you have been tasked to develop a new product for a particular target market. From a marketing perspective, new product development refers to the complete process of bringing a new product to the market. Discuss the steps you will consider in developing the new product for it to be successful in this competitive Ghanaian banking industry. You also believe that a good brand creates structure in the minds of your consumers; hence discuss extensively how branding can be used to create strong, unique and favourable associations in the minds of your customers, five importance each of branding to your customers and your institution. In addition, with relevant examples discuss how the use of brand names, slogans, product strategies, pricing strategies, promotional strategies and celebrity endorsement each can contribute to building and enhancing brand equity within the financial service industry.
- What could the USPS do in the future to reinvent itself to support Internet Marketing? please no plagiarism.1. Under the POCD framework, this refers to the vision and mission statements of thecompany:a. Peopleb. Contextc. Opportunityd. Deal2. A common mistake of companies in their quest to create competitive advantage is:a. Lack of analysis on wastageb. Overly priced productsc. Lack of systematic business frameworksd. Inability to manage business3. Ethics theoretically speaking is a moral philosophy because:a. It is not biblicalb. It is a personal choicec. It is taught and practiced in societyd. It begins at home4. Understanding the “Toyota Way” in essence is an example of the study in:a. Ethicsb. Professionalismc. Cultured. Strategies5. This is a common knee jerk reaction by companies when they start losing cash:a. Terminate employeesb. Sell assets, regardlessc. Loan and then put the business under collaterald. File for bankruptcy6. The industry is part of the scope of business ethics because:a. It makes or breaks the employeeb. It influences how your organization behavesc. It can reshape…Critical Thinking Marketers commonly ask celebrities toendorse products, but tying a brand to a celebrity cancome with risks if that celebrity falls out of favor withthe public as the result of a something they do or saythat is perceived negatively. how would you determineif the signing of a celebrity to an endorsement deal isworth the risk? What would you want to know to makethat determination and reduce the risk potential?
- Ethics Some marketets attempt to disguise themselvesas market researchets who want lo ask you questionswhen their real intent is 10 sell something to the con- sumer. What is the impact of this practice on legitimateresearchers? What do you think might be done aboutthis practice?2. ‘Ukay-ukay’ Business. There are a lot of ukay-ukay shops in the country. Theyare filled with second-hand clothes, slight factory defects, and out-of-season fashion. Somebuyers are fond of buying ukay-ukay products because of its affordability and availability ofbranded products at low cost. For instance, instead of buying P1, 999 Levi Jeans on malls, you can buy second-hand Levi Jeans at P400 in Ukay-ukay shops. How do retailers pricethese Ukay-ukay products?__________________________________________________________________________2. ‘Ukay-ukay’ Business. There are a lot of ukay-ukay shops in the country. Theyare filled with second-hand clothes, slight factory defects, and out-of-season fashion. Somebuyers are fond of buying ukay-ukay products because of its affordability and availability ofbranded products at low cost. For instance, instead of buying P1, 999 Levi Jeans on malls, you can buy second-hand Levi Jeans at P400 in Ukay-ukay shops. How do retailers pricethese Ukay-ukay products?______________________________________________________________________________________________________________________________________________________________________________________________________________________________3. You probably enjoy seasonal sales that takes place at certain times of the yearsuch as ‘Christmas Sales’ and ‘Graduation Sales’. Why do retailers run these sales eachyear? Do you think this strategy is effective? Why or why not?_