How can the company set itself apart from its rivals' goods and/or services?

Q: Discuss this statement: “Business competition encourages improved product quality and increased…

A: Business competition refers the competition between businesses offering same products. The…

Q: HOW DOES THE ROLE OF GOVERNMENT INFLUENCE MARKETING?

A: Marketing is a process of promoting the products and services through different channels. It…

Q: usiness ethics increases customer loyalty towards a brand ?

A: Consumers have become more awake to the importance of ethical ideals in businesses. Businesses that…

Q: Why do you think competing businesses endeavor to differentiate? How can external factors regulate…

A: Competition in business is the challenge or contention among the organizations selling comparative…

Q: What is the role of The Bureau of Competition?

A: Federal Trade Commission The Federal Trade Commission (FTC) is a federal body tasked with…

Q: How can the firms have the most powerful marketing benefit?

A: Marketing refers to the process of managing a product/service or both such that customers purchase…

Q: Explain Marketing and Production?

A: Marketing is the activities performed by a company to promote a product or a service so the…

Q: Explain the FIVE (5) threats or forces in the industry that the firm could avoid or mitigate.

A: The five threats in the industry that the firm could avoid or mitigate are: Competition in the…

Q: What does it take for the corporation to regain the interest of its customers?

A: A buyer trusts the vendor while shopping. A buyer pays for the ordered products and services and…

Q: Company performance will improve if they take competitor into consideration. Do you agree?

A: Competitors Competitors are all of the external organizations that can become a substitute for the…

Q: What is Marketing with and without ethics ?

A: Marketing is the process of understanding the customer's needs and requirements, then the marketers…

Q: Why might a company wish to remain a competitor in an industry despite low or declining…

A: A company is run by individuals who come together to achieve certain goals and objectives and attain…

Q: Where should we produce or source our products?

A: Product Sourcing - It's the process by which a business succeeds in getting or achieving a product…

Q: What challenges does a company face in developing new products or services?

A: There are many challenges which company face in developing new products or services. Some of these…

Q: give at least three factors that affects the success of a certain enterprise. Explain wh

A: Growing a business is certainly the main goal of every businessperson. Profitable progress generally…

Q: Are Louis Vuitton products elastic or inelastic? Why?

A: Introduction of Lv The Business Since 1854, the French fashion company LV has produced and sold…

Q: How company can expand the total market and defend market share?

A: Companies looking to expand their market share at regular intervals to stay competitive in the…

Q: What effect do the distinctions between products and services have on the judgments made about OM?

A: The term "goods" refers to any tangible quantity that can be touched, while "services" refers to any…

Q: How can a company successfully serve its external and internal customers?

A: Customer service is the bedrock on which customer loyalty and retention are built. The strategic…

Q: Why do many firms try to steal market share from market leaders offering low prices?

A: The main rivalry issue in the business environment that every company wants to be number one. Many…

Q: what ways a company can identify its competitors.

A: Identifying and defining competitors is a major factor for an organization to do its business.…

Q: Colleges and universities, like all business, have strengths, weaknesses, and competitors. What…

A: Today’s workforce is moving online.It’s clear, then, that learning online helps prepare…

Q: Examine how a company might function without the use of IT/IS.

A: Introduction Information technology ( IT ) is the technology that involves the storage, retrieving,…

Q: Prior to 2004, was LEGO focused on its products or its marketplace? Why?

A: Danish company Lego is a popular brand for children’s toys in the world. It started with early…

Q: How can the company differentiate its goods and/or services from those of its competitors?

A: The following is the response:

Q: What is Salutary products?

A: Products are offerings of a company that are given to potential customers in order to earn profit…

Q: What benefits were supposed to result from the introduction of purchaser/provider splits into public…

A: A medical care purchaser is an individual or association that purchases medical care…

Q: Why should owners of confectionery business develop their product and how should this be done?

A: Product development and marketing go hand-in-hand. Product development needs a marketing department…

Q: what are the broad risks associated with enterprises?

A: Maintaining a business takes difficult work, which can receive the benefits of clients, income and…

Q: The one thing that a company can do better than its competitors.

A: The one thing that the organization can do better as compared to its rivals is the core…

Q: is IMC dead?  Why or why not?

A: Integrated Marketing Communication is abbreviated as IMC. This is a basically a Marketing concept in…

Q: how do companies learn from the market place?

A: Ans. A marketplace is a venue where merchants may come together to sell their wares or services to a…

Q: How do successful firms derive their competitive advantage?

A: A competitive advantage in business is the characteristic that gives consent to a corporation to…

Q: Importance of strength and weaknesses in a business.

A: Strength means the areas which are efficient. It means the areas of the organisation in which the…

Q: Why are IMC useful to companies?

A: A marketing system is evolving with the modern market and customers' expectations from the business.…

Q: Discuss the statement "Business competition encourages efficiency of production and leads to…

A: The important rivalry that happens among business houses to make selling to their potential clients…

Q: what should be include in a review of business's key competitors

A: business's key competitors:  Competitive investigation ought to include: 1. Identifying your…