How can our customers influence us?

Q: 1. Jack is considering selling his elliptical machine, which he never really used, is high quality,…

A: * ANSWER :-

Q: Determine an effective marketing response to a change in the social-cultural • environment.

A: The socio culture environment deals with the relationship among the society, culture and marketing.…

Q: Economics What are two positive and negative externalities that would affect an online subscription…

A: The word "externality" is derived from the Latin word "externus," which means "outside" or…

Q: Supplier Set Price Versus Market-Determined Price: Collusion or Competition?

A: In an economy, there can be two types of markets such as competitive and anti-competitive market.…

Q: If you want to increase demand for your restaurantbut are unable to lower prices or increase…

A: As it is given in the question, a restaurant does  not have more funds to advertise higher level and…

Q: Do gas stations have market power (ability to affect the prices they charge)?

A: Gas station: At this fuel is sold for road vehicles.

Q: what are pricing tactics and examples? What are some forms of price discriminations?

A: Some of the major types of pricing tactics: 1-Discounting: Discounts are price reductions based on…

Q: As you review the Facebook site, you note that packagingfor your company’s bread uses the words…

A: Bread is very nutrient for our health but at the same time it is considered as a major source of…

Q: Examine the various types of price discrimination and explain how they can benefit consumers and…

A: Forms of price discrimination:- 1) First degree price discrimination:- When a vendor ask the utmost…

Q: Discuss the factors that led to the consumer movement and list some of its results.

A: The consumer movement refers to a social movement, led by consumer organisation to ensure protection…

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: What kind of information foes price transmit?

A: Answer: Price helps in transmitting the following information: (1). Scarcity. Price is the value of…

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 Is Supplier-Specific Barriers?

A: Supplier-specific barriers are the problems or lack from the side of the production in the economy.…

Q: What could be some types of discriminatory pricing policies?

A: In an economy, price discrimination can be practiced by the anti-competitive firm because he has the…

Q: Differentiate between utlilty,stisfaction,value and price

A: The study of Economics deals with the allocation of goods and services so as to satisfy maximum…

Q: Create a policy that would tamper the market failure.

A: Market Failure: Market failure is an economic situation that generally existed in the free market…

Q: Why are celebrities endorsed brands more expensive?

A: The company’s sales and market share of branded items will be increased with the help of celebrity…

Q: Why would a healthcare manager ever want to price discriminate?

A: Price discrimination is a pricing strategy in which customers are charged different prices for the…

Q: Importance of rules in our society

A: Rules are guidelines that people living under a government must observe. Families and residents must…

Q: What is price discrimination and when does it work?

A: Price discrimination is an act of charging different prices for the same product to different…

Q: What type of pricing strategies are airlines using? Is it ethical for airlines to charge baggage…

A: Pricing strategies: An orderly way to deal with estimating requires the choice that an individual…

Q: What is the economic impact of power quality on consumer side?

A: Power quality: Power quality alludes to the capacity of electrical equipment to devour or consume…

Q: What elements of the business of illegal drugs are similar to the business of selling legal…

A: The pieces of the company organisation are represented by business model elements (or simply…

Q: How might blockchain help address the problem ofspoilage and waste in the food industry?

A: A blockchain is a distributed database that is shared by computer network nodes. A blockchain, like…

Q: Why would a company ever want to sell its goodsor services for less than they cost to produce?

A: Business is important all around the world. For the functioning of business, four factors of…

Q: How does price discrimination help customers?

A: A selling strategy that charges consumers prices at different levels for the same product or service…

Q: To what extent should the government interven in the market? Write a long 500 word answer.

A: The government interference in the market is restricted by Keynes, according to him the government…

Q: Is it feasible to prohibit monopolies in all markets? Does advertising help or hurt consumers?

A: No, it is not feasible to prohibit monopolies in all markets. In economics, the term monopoly refers…

Q: Relates to how the customer views the ability of theproduct to meet his/her objectives.

A: Customer is the decider of product rating in modern era of consumerism

Q: What was the marketing analysis for Vodafone in the UK in the 1980s?

A: Vodafone is a multinational company headquartered in London England. It is the world’s leading…

Q: When testing the appeal of a new product it is best to use: a focus group your own e-commerce site

A: Product Testing, likewise called shopper testing or relative testing, is a course of estimating the…

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: What is hot spot policing?

A: There are many macroeconomic policies which are adopted for the development and growth of the…

Q: Q1: Why do the companies change their products every time?

A: Companies change their product in order to sell more.

Q: Can government policy affect consumer behavior?

A: The economies around the globe tend to operate with the major focus on the growth and development.…

Q: How does the internet affect the ability of firms to price - discriminate across consumers?

A: Price discrimination is a microeconomic pricing technique in which the same provider sells identical…

Q: Which is most likely the result of healthy competition in the market?

A: Healthy market competition promotes good customer service, high-quality goods, and competitive…

Q: What Is Overcoming the Barriers to Supplier Development?

A: Only One Company BenefitsUnless one side has enough influence to easily impose an answer on the…

Q: What is your average direct sale price to Online consumers? How is your average different than the…

A: ANSWER   Price competition occurs when two products that are basically similar are appraised by…

Q: Are all markets regulated or deregulated?

A: Regulated market is the one which is centrally handled and customers have no choice. Whereas…

Q: what are the reason why business sell their products on a discount?

A: Offering discounts on buys is an approach to rapidly bring individuals into your store. Whenever you…