People usually interchange "brand" and "product" in their daily conversation. As a marketing professional, discuss the difference between a brand and a product. Use appropriate examples from both service and non-service sector.

Q: Pick three products you use every day (in school, at work, or for pleasure—perhaps one of each).…

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Q: 6. Write how many units should be sold to maximize revenue. Explain how you got that answer using a…

A: Revenue maximisation may be a theoretical objective of a firm which attempts to sell at a price…

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: Describe your ideal company culture

A: The way you do things at work is referred to as company culture. It's the sum of your official and…

Q: Write a note on economics of distillation.

A: Economics  Economics is the study of production growth and welfare through time, as well as a wide…

Q: Can you give some answers to the factors that affect the supply and demand in the restaurant…

A: Demand is the total quantity of goods or services demanded by people in the economy at the going…

Q: ovide the name of the firm and a general description of its product line. Answer in one sentence.…

A: Cross-subsidization is the practice of charging one type of consumer higher prices in order to…

Q: The firm has  total revenue $100 and producing total 10 cell phone. How would I calculate average…

A: Total revenue (TR) = $100 Total quantity (Q) = 10 units Average revenue (AR) = ?

Q: Explain the importance of reading a classification tree effectively? How could this benefit an…

A: This philosophy is all the more usually known as a classification tree effectively from information…

Q: After the production and marketing tests and the preparation of a marketing program, a process is…

A: There are several stages through which output will be generated and products will go through before…

Q: Describe the procedure of Gauging Product Cost and Price?

A: The cost of production of a good or service is the aggregate value of the investment made by a…

Q: Calculate average, marginal, and total revenue.

A: ANSTR is the total receipts of a seller that he earns from selling the goods that it produces. If P…

Q: Find marginal cost given :- Marginal profit = $300 Marginal revenue = $1200

A: The data presented in the question above is:- Marginal profit = $300 Marginal revenue = $1200…

Q: Use the information in picture 1 and picture 2 to graphically show the maximum profit. Please kindly…

A: Total Output Price Total Cost (TC) Total Revenue (TR) Profit = TR -TC Marginal Revenue Marginal cost…

Q: Price Customers Total Total Cost Marginal Revenue Marginal Cost ATC (000) Revenue ($000) ($000)…

A: We are going to calculate Marginal Revenue and Marginal Cost values. We need to find the expression…

Q: Use the Sales information above to answer this question. Yaster Inc. expects to be able to produce…

A: PLEASE FIND THE ANSWER BELOW.   BREAK-EVEN: Break-even analysis is useful in determining the level…

Q: Define supply, demand, prices and marketing. and explain the relationship between these concepts.

A: In the goods market, the equilibrium is attained at a point where the downward sloping demand and…

Q: Directions: Complete the table below by supplying it with products that you consider similar. Write…

A: A substitute good or service  that can be used in the place of another good. It is a good that is…

Q: You are the BRAND MANAGER of "AFTER EIGHT "

A: GIVEN   Scrutinize the use of social media platforms such as Facebook, Youtube, Twitter, Instagram…

Q: ilustrate and example of economic profit with numbers

A: Economic profit is the profit one gets after taking into account the implicit and explicit costs,…

Q: Explain two benefits that might. arise from the existence of brand name

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Q: How are the characteristics and marketing needs of the product and service brands you selected…

A: To satisfy the demands and expectations of diverse customer segments, all goods and services…

Q: Express the relationships among revenue, cost, profit, and volume?

A: Producer behavior can be assessed by understanding the relationship between revenue, cost, profit,…

Q: A firm operating with average revenue $100 and producing total 10 phones. How would I calculate…

A: The given data in the question: Average revenue (AR) = $100 Total Quantity (Q) = 10 units

Q: using graph A to identify the type of market and highlight characteristics of the market

A: Equilibrium in the market occurs at the intersection of demand and supply curves. P3 is the…

Q: A restaurant should not stay open for an additional hour if it's _exceeds_ a) average benefit;…

A: Firms produce goods and services and try to maximize their profits by analyzing the market…

Q: marketing we can summarize way: marketing. it's selling! a) true b) false a very simple

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Discuss the different types of markets. what are the key forces driving the new marketing…

A: Market structure is defined as how many firms are operating in the market and how much market share…

Q: The profit maximizing combination of two products is found where?

A: A Production Possibility Curve (PPC) is a graph that shows all the possible combinations of two…

Q: Draw a diagram to indicate the profit-maximizing level of output, the profit-maximizing price, and…

A: At any market structure, the firm would produce at the output level, where the marginal cost is…

Q: The pie chart below shows the percentage of total revenue that a publisher receives from various…

A: The total revenue refers to the total receipts earned by a producer from the sale of its products.…

Q: Discuss how economic forces such as macroeconomic conditions and consumer income affect marketing.

A: Macro economic environment The macro-environment is a broader term that refers to the economic…

Q: How can the marketing mix can be used to implement the marketing concept ?

A: answer    the marketing mix can be used to implement the marketing concept

Q: What is a marketing information system (MIS)? Whattypes of information does it include?

A: A business organization has several departments and systems that indulge in different activities and…

Q: Strategic alliances and networking help to enhance the business competitiveness of a firm. Please…

A: Strategic Alliance and networking improve the market productivity of companies. Strategic…

Q: Analyze Perfect Competitive Market - In terms of cost, price, and profit   write a paragraph in your…

A: Perfect competition is the form of market structure in which there are large number of buyers and…

Q: What does the online promotion cycle start? a. Assess the need for promotion. b. Determining the…

A: The main aim of promotion is to guarantee that customers know about the presence and situating of…

Q: Given a description of a company's marketing mix, classify the elements of the marketing mix and the…

A: Marketing relates to practices that a corporation undergoes to facilitate the acquisition or…

Q: Describe the major retailer marketing decisions?

A: Retailer Marketing Decision: The decision of the retailer changes in the environment of the market,…

Q: Outline the economic factors that affect marketing decisions and consumer buying power.

A: There are many economic factors that affect the marketing decisions of a firm such as unemployment…

Q: Thinking Through Marketing Strategy Pretend that you are the Chief Marketing Officer at Alibaba.…

A: 1.Target Market Alibaba can target two commercial centers in America which incorporate the worldwide…

Q: Evaluate the key marketing issues and their implications.

A: Implementing a marketing plan can boost corporate profitability. The marketing strategy focuses the…

Q: Consider any brand of your choice and discuss the stages of it's product life cycle and also the…

A: A product life cycle is defined as the cycle through which the product undergoes different phases.…

Q: what issues do the onlinebusinesses face?  How are they similar to offline competition?    How are…

A: Online Business and Offline Business: The act of doing business virtually or doing business over the…

Q: for this graph answer the following question what is the total revenue? what is the total profit?…

A: Answer- Given in the question-

Q: Use table to find the required values: Price $32 Quantity 400,000 Explicit costs $3,500,000 Implicit…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…