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A: Environmental forces are related to various micro and macro factors that can affect and impact a…
Q: What are components of the market segmentation table that we can use for new technology?
A: Market segmentation ensures that the company identifies target markets that are most likely to buy…
Q: Write
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Q: A 100 years old brand how change his positioning strategy, 10 strategy at least ?
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A: The desired service can be termed as the mandatory level of service in which the customer finds…
Q: The process of segmentation involves looking at the total market of possible ......... and…
A: The process of segmentation involves looking at the total market of possible Customers and…
Q: _______ The result of dividing current assets by current liabilities.
A: The balance sheet is divided into two parts: the assets and the liabilities. Assets are objects…
Q: Describe the decisions companies make regarding their individual products and services, product…
A: Product- Any service or item a company sell to serve the needs or wants of customers is called a…
Q: How can social media be used to market and advertise a firm’s products or services?
A: Social media help the business to reach additional consumers. Engaging with your audience and…
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A: Adult learning activities are the set of activities that helps in the development of the adults and…
Q: PRACTICE EXERCISE 2 . Formulate assertions based on the words given in each number. Follow the type…
A: In the given fill in the blanks questions we are asked to provide statements of preferences and…
Q: What are the relevant aspects of consumer behavior and product use?
A: Consumer behavior is the study of individuals, groups, or organizations, as well as all activities…
Q: Discuss the advantages of having a good brand.
A: Ans. Introduction Each company fantasies about having a stalwart brand that dominates its market…
Q: xamine the parallels and contrasts between Big Data and classic marketing research ideas.
A: Big data: Big data is basically an ability to eliminate the guesswork and target the customers' next…
Q: ___________ Which activity combines inventory management, order processing, warehousing, material…
A: Inventory- Inventory refers to every item, merchandise, goods and materials held by a company for…
Q: Explain how the Internet has altered theretailing, wholesaling, and direct marketingenvironments.
A: Internet- The foremost essential tool and the prominent resource that is being utilized by almost…
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A: Distribution channel makes is possible for the products to reach their final consumers. It takes a…
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A: What are the activities that salespersons engage in during a typical working day? Salesperson are…
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A: Quantitative measurement focuses on numerical quantities and how they change over time. A framework…
Q: Discuss how companies can react to the marketing environment.
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A: * Introduction - Before diving deep and understanding the ratio of Artificial intelligence and…
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A: Computer hardware is the physical components that a computer system requires to function.…
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A: A corporation will typically go through several distribution channels to get a finished product to…
Q: explain how changes in the demographic and economic environments affect marketing decisions
A: Demographic information is the information that is related to socio-economic facts. This is present…
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A: Everything changes and evolves with time, a business organization inorder to survive must adapt to…
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A: Mission statements are the short term objectives for which the company aims to work. The mission…
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A: B2B eCommerce refers to the practice of selling directly to business entities or clients, whereas…
Q: Explain marketing mix of an Ed tech company.
A: Marketing mix basically refers to the set of actions or tactics used by the organization to promote…
Q: Discuss how a company can maintain success for products in the mature stage of the product life…
A: Product Life cycle explains how a product would enter and leave the market during its life span. It…
Q: Explain the Product Life Cycle (PLC) stage
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A: The business model of an organization informs about the things or services that the firms aim to…
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A: Companies invest a lot of their resources in conducting market research in various phases of the…
Q: List and discuss the major bases for segmenting consumer and business markets.
A: Segmentation and tarketing of the most important activity of marketing. It is a process of dividing…
Q: What is subculture? Describe at least two subcultures to which you belong and identify any reference…
A: "An identifiable subgroup within a society or group of people, especially one characterized by…
Q: _______ An audit isa. performed by the firm’s private bookkeepers.b. not necessary if the firm used…
A: An audit is the procedure through which the company hires any expert's service to analyse the Book…
Q: _______ A firm had gross profits from sales in the amount of $180,000, operating expenses of…
A: Sales minus cost of goods sold, selling, general and administrative expenses, operating expenses,…
Q: Define the business market and explain how business markets differ from consumer markets.
A: Business markets are basically the organizations or entities which acquire a particular product or…
Q: Why must marketers practice marketing control, and how is it done?
A: Marketing control is the process of evaluating a company's marketing performance in terms of sales…
Q: How does a retailer develop a marketingstrategy?
A: Marketing Strategy- A business's overall game plan for reaching out to prospective customers and…
Q: Which of the following is a good example of the "country of origin effect" on international…
A: Country of origin definitely has a certain image from the perspective of the customers. The details…
Q: O Develop a research plan. WILL NOT BE THE CORRECT ANSWER,
A: Ans. Introduction The Marketing Research is the precise collection, analysis, and interpretation of…
How do retailers select target markets?
Step by step
Solved in 2 steps
- Recognize how different Retailers determines their best customers?What major trends and developments are retailers facing? How do these developments impact their competitive strategies?What are the appropriate market coverage strategiesof the retailers? Is it an intensive, selective, or exclusivedistribution strategy?