pitfalls of having a low-cost strategy

Q: Who started the LEGO Ideas site?

A: Business can be elucidated as the activity of trade that is based upon the idea of conducting sale…

Q: What is content marketing? And importance?

A: Content marketing is used by the great majority of marketers nowadays. P&G, Microsoft, Cisco…

Q: You have been appointed as a marketing manager for Tumfwane enterprises limited based in Mufulira in…

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

Q: Assume JBD decides to expand the sale of its products into new markets outside of the European Union…

A: Every company is surrounded by an environment in which they are working. Business environment may be…

Q: Which of the following scenarios would cause the price of avocados to rise? Select all that apply.…

A: The options that apply are option 2 and option 6.

Q: How can a business use blogs to develop relationships with customers?

A: Every company will create customers and try to retain them for long. This will increase the customer…

Q: What does it entail in terms of the process of building an information system, and how does it fit…

A: Finding, reading, analysing, assessing, and summarising scholarly literature (often journals and…

Q: What is consumer-based research?

A: Research is the practice which is performed in different fields of business for ensuring its…

Q: Evaluate the following statement: “Appropriate advertising media are always available if a company…

A: Advertising media refers to the various media platforms used for advertising. Advertising media is…

Q: How Internet provides the opportunity for two-way interaction between an Internet firm and the…

A: Interaction can be referred to as an interrelationship between each component of the digital…

Q: Why are enterprise systems used in many organisations?

A: Enterprise system depicts systems that reach functional areas and concentrate on executing business…

Q: advantages and disadvantages of different internationalization strategies in higher education

A: Internationalization could also be a consequence of internationalization. it' is understood as the…

Q: should a marketing plan be created for each and every product under a single brand or should the…

A: Marketing Plan – A business plan or a strategy that acts as the foundation for business operations…

Q: recommendations for the local competitor to be able to combat the efforts of Domino’s Pizza.

A: In the fast food industry, the market is extremely competitive. customers have simply a lot of…

Q: Why companies feel important to have a mix of short- and long-term social media promotion?

A: By making communications through the social media tools different companies and brands engages with…

Q: 4. Goal Programming (GP) is capable of handling decision problems involving: a. multiple goals. b. A…

A: Goal programming is a branch of multi-objective features, which is also a branch of multi-criteria…

Q: What are the factors that managers and employees should consider before participating in media…

A: Media sharing sites or social media online portals provide useful content to the customers. The…

Q: How do you explain Assurance in terms of customer service

A: Customer service is the process in which firm offers support to it's customers; before they buy a…

Q: Has Domino’s been able to develop strong relationships with its customers? If so how?

A: Companies to expand their business operations and keep on serving their target market invest their…

Q: Frito Lay has a new kind of potato chips they want to try selling in just a few markets to make sure…

A: Marketing refers to actions or activities implemented by an organization, thst lead to promotion and…

Q: What are the three business risks and three assumptions and three dependencies of mobile pet…

A: Starting any business involves a lot of risks which a firm has to tackle inorder to start and remain…

Q: How do the information requirements of managers differ by management area?

A: Data is followed by the information but not contrarywise. The data and the information would result…

Q: What aspects of physical distribution are particularly important for Honest Tea’s products that are…

A: Every company will create products and distribute them to the end consumers using various methods.…

Q: What are the elements of Graeter’s marketing mix? Which are most likely to be affected by external…

A: Marketing is most important activity along with production in any company. There are very as areas…

Q: What do you consider to be the most important developments in communication technology that have…

A: Artificial Intelligence (AI) Without a doubt, artificial intelligence is the most important and…

Q: When Carnival published ads to reassure the public that they were fixing problems that led to recent…

A: Proactive public relations: It is the ability of taking charge and control of the message that in…

Q: Distinguish between Uber's project, technical and organizational success aspects that have to be…

A: Uber Technologies Inc. is an app based organisation which provides cab services  Uber is a personal…

Q: Define Crowdfunding.

A: Social media is beneficial for businesses in modern marketing and business environment to gain new…

Q: a) VA values building long-term relationships with its clients. How do you ensure you build…

A: The establishment of a healthy relationship with the customers, clients, primary team members, and…

Q: Why photo sharing is a popular form of media?

A: Communication is one of the pillar of any society. Due to communication human can share ideas and…

Q: What is the difference between traditional marketing and digital marketing?

A: We are all aware that marketing trends in today's era are changing rapidly, and the market has…

Q: 2-4 Discuss how a new brand manufacturer would go about defining their market segments and then…

A: Market segmentation is the strategy of dividing the market of potential customers into groups or…

Q: Strategy for the Migration to Automation (include a schematic) with Appropriate Industrial Equipment

A: Simply put automated is the process by which data is transmitted between computerized data…

Q: gaining an appreciation for the necessity of data management.

A: Because of a lack of awareness, businesses fail in their Big Data attempts. Employees may be unaware…

Q: What kind of "power" (referent, information, legitimate, expert,reward,coercive) may a fitness…

A: A buyer can also notice and want to join a reference service. They have an impact on customer…

Q: Why the popularity of coupons has rebounded largely?

A: Coupons are used by sellers to attract maximum customers, by reducing the price of a particular…

Q: Why available cooperative advertising offers are not beneficial for all retailers?

A: Cooperating advertising refers to partnership between manufacturers, wholesellers and retailers for…

Q: Name the two types of social media measurement.

A: The following are the two categories of social media measurement: Ongoing metrics: Ongoing…

Q: Ethically, make an ethical decision on why and how she will be kept but will receive suspended

A: Decision making is a critical task which every person have to do almost everyday. The stakes of some…

Q: Deniz notices the new hair-care shampoo of Purple Bloom when she visits the supermarket and buys it.…

A: Observational mastery is a type of mastering that involves gazing at and imitating another person's…

Q: What are the quantitative measurements required for twitter?

A: Twitter is a social media platform, that is widely used by people, as well as businesses. Businesses…

Q: Identify the factors that will affect the future of the Internet, social media, and e-business.

A: Social media and e-business depends on internet technology. Businesses use social media platforms…

Q: Why consumers are concerned about fraud?

A: Action in the offense for deceit can be explained as a reaction of a customer in the return of the…

Q: What is consumer behaviour? Discuss the sociological factors affecting the consumer behaviour?

A: Consumer Behavior: Consumer behavior is a mirror in which everyone reflects their own image. The act…

Q: Give an example of unethical use of computer technology by a business.

A: Unethical behavior in business takes place when business firm may not follow moral code and ethical…

Q: Can we say developing AV technologies is a disruptive innovation? Why?

A: WHAT IS AV & AV TECHNOLOGY? This work investigates the challenges and opportunities related…

Q: In your own words, describe how social media can help businesses to connect with other businesses…

A: In a business-to-business context, social media allows companies to connect with one another. In…

Q: How is e-commerce different from e-business?

A: The internet platform is now offering a lot of mediums for marketers to carry out their marketing…

Q: What is Entrepreneur

A: Entrepreneurship is one of four resources identified by economists as essential to production:…

Q: What is the role of operations managers?

A: The application of operations management's elementary principles, to the production of services,…

Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.