“Marketing may be defined as the delivery of a standard of living. The size of marketing task continually becomes greater as standard of living rises.” Elucidate this statement.
Q: Identify a product offered by a manufacturer using a dual-distribution approach (ex: brick and…
A: Introduction: The product we will be discussing here is iPhone. iPhone is a mobile phone…
Q: What are the four types of competition? Which is most important to marketers?
A: The business attempting to compete with the rivals to get maximum advantage and edge over the…
Q: Suppose you are brand manager or marketing team leader of a pharmaceutical industry. Now in the…
A: Promotion of a Product or Product's Promotion: It is any important way to run sales and rise revenue…
Q: Compare and contrast manufacturer brands, private distributor brands, and generic brands.
A: Manufacturer brands-Manufacturer Producers create brands, which they name after themselves. The…
Q: Define the North American Industry Classification System and describe how it can be used to identify…
A: Industrial classification system is a particular framework, for dividing various establishments,…
Q: Outline the development of a marketing plan.
A: Ans. Introduction A decent marketing plan is driven by your marketing strategy and is the execution,…
Q: roughly 2% for many years alrdy. However due to a shock of disruption of natural resources, it…
A: Inflation is The invisible tax which reduces the spending capacity of the currency. Prices increases…
Q: How can an organization implement the marketing concept?
A: Marketing- An activity a company undertakes to promote the purchase or sales of a product or service…
Q: Explain the concept of franchising.
A: Global marketing gives the concept of planning and executing marketing activities at global stage…
Q: In relation to logistics, refers to the movement from raw materials to end consumer. integration…
A: As per honor code, i am bound to answer only 1 question, so you have to repost another question to…
Q: In E-Commerce what do you call products that is instantly consumed using license key or subscription…
A: Ecommerce (electronic commerce) is a business model that are used by companies and individuals for…
Q: Is Nike using a differentiated, an undifferentiated, or a concentrated strategy for targeting buyers…
A: Segmentation is the process of grouping customers having similar personality characteristics. It is…
Q: Critically discuss how an SME can approach internationalisation by applying Porter's ger strategies.…
A: * Introduction - SME , or small and medium scaled enterprise can approach internationalization by…
Q: Are there ethical risks associated with the implementation of Sseko’s strategy?
A: A marketing strategy can be stated as a plan premeditated and executed by a company to use its…
Q: Discuss the ways front office operations use technology to enhance the guest experience within a…
A: * Introduction - It has been proven that the first impression is the last impression, to give this…
Q: Exist impediments to m-commerce, and if so, what are they? How may you defeat them?
A: M-commerce: M-commerce or mobile commerce is a subset of e-commerce where the commercial…
Q: Create a •Mission (Maximum of 2 Sentence) •Vision (Maximum of 2 Sentence) •Values (Atleast 3 Values)…
A: Mission Statement: Your company's basic principles and purpose are expressed in your mission…
Q: what makes for a successful Marketing Plan
A: The value of the marketing plan is in the process. You can measure the value of a marketing plan…
Q: Describe marketers’ attempts to influence political forces.
A: Environment of marketing is similar to business environment but contains only external forces. It…
Q: 4- Which of the following is NOT one of the 10 main types of entities that organization's market?…
A: 4. 10 main type of entities of an organizations market are: Goods, Service person events experience…
Q: In what ways can each of the business cycle stages affect consumers’ reactions to marketing…
A: Every business goes through life cycle and it has four stages such as introduction, growth, maturity…
Q: Many organizations offer a combination of goods and services to their customers. there are some key…
A: Goods are tangible commodities for which people must pay the price. Services are the benefits,…
Q: Describe the three factors of ethical decision making.
A: Ethical decisions foster trust and fairness, responsibility, and concern for others. Recognising…
Q: Recognize the stages of the consumer buying decision process.
A: Understanding the consumer decision-making process is critical for any business, but eCommerce…
Q: appropriate term in Column B. For each answer, only write the question number and answer. E.g. a –…
A: A lot of backend efforts and planning goes into making a product available to the final customers.
Q: . How do environmental, business, interpersonal, and individual factors affect business purchases?
A: Organization buying behavior is a decision-making activity. This activity comprises the purchase of…
Q: Why does Pinterest see Google as its main rival? For what reasons does Pinterest create new features…
A: Pinterest is a social media platform that makes use of a software system that is created to search…
Q: Discuss different digital media and the pros and cons of using each as part of your marketing plan.
A: Different type of digital media includes: Social Networking-Websites and applications that focus on…
Q: How do you plan to incorporate socially responsible activities to generate positive publicity and…
A: A capitalistic society or market is very good in creating wealth but it is very poor in distributing…
Q: Make a MVP "Minimum viable product" using this template below. Use recycled grocery bags as a…
A: Minimum Viable Product (MVP) - The term MVP explains the introduction of a product in the market to…
Q: Corporate Social Responsibility (CSR) can also be used as part of an entity branding strategy.…
A: The parallel federal and state banking systems that coexist in a country are referred to as the…
Q: How has digital media changed consumer behavior? What are the opportunities and challenges that face…
A: Consumer is a person who will buy goods and services from a company. Understanding and keeping an…
Q: XYZ Company determined that it needed to improve upon productX, and do a better job of getting the…
A: Marketing refers to the process of identification of customer's needs and wants through extensive…
Q: What is selective exposure? Why do people engage in it?
A: People's tendency to favor information that confirms their pre-existing beliefs while avoiding…
Q: Discuss how the marketing concept contributes to a company’s long-term success.
A: Ans. Introduction As an entrepreneur, ensuring you have the appropriate frameworks set up is…
Q: What are the major functions of labeling?
A: Labelling- It is a part of the branding and also enables product identification. Labelling printed…
Q: What are the primary concerns of business customers?
A: A business customer acquires products or services for the utilization of production of other…
Q: Explain how companies manage existing products through line extensions and product modifications.
A: Product- A product is an item provided for sale. A product might be an item or a service. Products…
Q: Show the relationship of viability, profitability, and customer from each other through a concept…
A: Concept Map - It is a visual depiction of a concept or information in the form of flow charts,…
Q: Describe the major packaging functions, design considerations, and how packaging is used in…
A: Features of good packaging: 1. Practical. Packaging should be simple to operate. The box should be…
Q: Identify the factors that influence the selection of specific market segments for use as target…
A: Market segmentation groups a market into subcategories with similar characteristics who are likely…
Q: Examine very briefly the disruptions faced in Africa which was caused by the Covid-19 pandemic.
A: The COVID-19 pandemic has surprised the world, with most countries being deficiently ready to…
Q: What are the advantages and disadvantages of each IHG brand having its own social network accounts?
A: Today every person is connected to the internet and is on some or other social media platform.…
Q: Describe some of the forces acting as barriers to Netflix in various countries.
A: Every company that does business in the market has the objective of expanding its business and…
Q: Compare and contrast the three major approaches to modifying a product.
A: The three major approaches to modifying a product is as follows: Quality modification-These are…
Q: How are nontraditional channels of distribution affecting your organization and its marketing…
A: At every point during and before the course or business channels of distribution are decided by the…
Q: As a product manager you are responsible for a new hand sanitizer launched recently by your company,…
A: Product Manager- A product manager is an individual who recognizes the consumer needs and the larger…
Q: Strength and weakness of distribution channels (broker, direct dist and bancatakaful) for Motor…
A: A distribution channel in the business refers to the path through which a product or service from…
Q: D4) Pick a product and company name and then explain the 4 four P's regarding that
A: The 4Ps of marketing, commonly known as marketing mix, is a marketing concept used for promotion of…
Q: What are the stages in the product adoption process, and how do they affect the commercialization…
A: Every company will carry out market research and will create value for new customers. They will…
“Marketing may be defined as the delivery of a standard of living. The size of marketing task continually becomes greater as standard of living rises.” Elucidate this statement.
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- Describe the three important marketing concepts you learned about in this course. Explain why these concepts will be useful to you in your current or future position.You are the new Marketing Manager for The Right Choice Limited. In preparation for your first board meeting with the Directors of the company discuss the importance of understanding the micro and macro environment and how it impacts your role as the Marketing ManagerCite real live examples of the different marketing practices you have observed around you in your everyday life and explain what marketing principles you believe these practices illustrate, based on your reading of the text" Base on the examples given, discuss the different ways companies undertake marketing“
- Questions: Marketing is marketing whether it concerns the consumer market or industrial market. Do you agree or disagree with this statement? Why? The term industrial marketing, business marketing, and business to business are often used to describe marketing in the industrial market. Which of these three terms do you believe best describes marketing to organizational customers? Explain your reasoning."Marketers are skilled at stimulating demand for their products”, elaborate this statement by giving three examples?Which one is better? e-commerce or traditional market? Please explain the reason!
- Think of a specific product or service and then formulate a concrete marketing strategies that can gain valuable feedback and how to improve your product or service that will meet the needs of your target market. Discuss.Woolworth a cloth producing company needs your help in getting a market in your home, Advise on the possible segmentation bases which they can use, support your illustrations with examples and further Describe the market segmentation process which will lead to the success in this business.What is Business Marketing? Give an example?
- What did you learn that supports what you studied in Marketing?Please provide a critical review of the McDonald’s marketing mix and recommend changes based on the changing demographic and socio-economic characteristics of the market that you can observe.When people think of marketing, they may think of advertising or, possibly, pushy salespeople. However, marketing is much broader, with a focus on the customer and customer satisfaction. In addition, marketing is all about stimulating demand. Discuss how consumers make purchasing decisions based on the four Ps of marketing.