Q: Understand the importance of strategic planning
A: One of the essential roles of a manager is strategic planning. Effective planning enables a company…
Q: When assessing actual performance of a marketingstrategy, should a marketer perform marketing…
A: Marketing performance measurement has to be a rational extension of planning and budgeting. Various…
Q: Discuss target market strategies.
A: Targeting strategy can be explained as the strategies related to grouping a large market into…
Q: What is consumer behavior?
A: Researching consumer buying behaviour is most important for marketers because they can understand…
Q: What is KANO model? And how can affinity diagram help to understand the voice or customer?
A: Kano Model: It was developed in the 1980s by professor Kano which divides Customer preferences into…
Q: Discuss the possible reasons to buy a watch today. Connect each motivation you identify with an…
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…
Q: What would an international organization be like if founded based on Marxist principles in terms of:…
A: An international organization established on the concepts of Marxist principles would be designed to…
Q: What AI solutions are there in marketing?
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: What role do ethics play in marketing research? Why isit important that marketing researchers be…
A: Marketing is a vast field including many areas like marketing research, marketing mix, digital…
Q: What are the benefits of outsourcing?
A: Outsourcing is a business strategy in which the company uses resources from outside the company due…
Q: MAKE AN EXAMPLE OF A MARKETING EXPENSES STRATEGY CHART BUSINESS ESTABLISHMENTS…
A: The question is related to marketing expense strategy for three kind of businesses, business…
Q: Explain market opportunity analysis (MOA)?
A: For an organization, it is highly s to significant to analyze the market trends within a particular…
Q: What is marketing research? Why is it important?
A: About Marketing - Marketing, is a type of concept, which refers to the different kinds of…
Q: Identify the psychological influences that may affect the consumer buying decision process.
A: The behavior of consumer is predicted through market research and surveying about their attitude in…
Q: What is product development?
A: Product is a tangible tool used by customers to solve their problems. It is created by company by…
Q: What is the major goal of integrated marketing communications?
A: The technique of merging marketing communication aspects into a brand identity is known as…
Q: Explain how product differentiation might allow firms to set price above marginal cost even though…
A: Product differentiation is a marketing approach used to set a company's products or services apart…
Q: What is global marketing standardization?
A: Planning, creating, and marketing products and services in the international market can be widely…
Q: Develop an appropriate business mission statement.
A: The mission statement of all businesses is developed on the basis of what vision the company has set…
Q: 3. We typically focus on firm from well-developed economies entering markets of less developed…
A: Yes, enterprises from developing countries have a chance in established markets like the United…
Q: What is outsourcing?
A: There are various activities and processes going on in a company. There is production, marketing,…
Q: What is the licensing?
A: Ans. Introduction Licensing means giving certain rights to a manufacturer or to market a certain…
Q: Question 3 n Feel-good advertisements instill brand preferences by helping to create about the…
A: Feel-good advertisement is a method adopted by organizations in their marketing campaigns. This…
Q: which orientation would you advise people to avoid and why
A: The marketing management orientation is the approach that a company executes to satisfy the…
Q: The CEO asked you to write a report on factors that may affect the distribution of their vegetables…
A: The vegetables belong from the FMCG category. The vegetables are of perishable nature and hence need…
Q: Alp thought he had received the best deal on his new car. Shortly after buying the car, Alp started…
A: Consumers behavior is a very complex phenomena to be predicted. There are many factors that affect…
Q: What is portfolio matrix?
A: Portfolio matrix in marketing is a chart that shows products in terms of both the growth in their…
Q: Identify the impact of technology on a firm.
A: Company is a legal entity created under law by group of people with common objective. This company…
Q: What is the marketing mix (four Ps)?
A: Features of Marketing: 1. The primary role of a marketing manager is to identify consumer…
Q: If you were asked to provide a small tip (or bribe) tohave a document approved in a foreign nation…
A: Marketing- It refers to the company activities that a business generally undertakes to promote the…
Q: How do we represent a group in terms of user persona ? For instance there are two groups which…
A: Personas are fictional profiles of a segment of the population, such as visitors, potential…
Q: What factors must marketers consider as they decidewhether to engage in international marketing?
A: International Marketing can be referred to as the trading of goods and services across the globe to…
Q: What is SWOT analysis?
A: Marketing environment is build with factors which must be monitored and managed as it have…
Q: List the ways in which implementing an ERM strategy will increase the level of support a company…
A: ERM enhances management consensus by forming a culture that embraces risk as a component of every…
Q: Explain the eight major steps in developing an advertising campaign.
A: Advertising campaign is a process in which, product is made known to consumers, through promotional…
Q: The first step in developing a valuemessage is determining which customer perceptions to influence.…
A: Concept Of Value Message - The Value Message, is a concept which is defined as a kind of strategic…
Q: What is consumer misbehavior?
A: Consumer behavior is a positive term that deals with learning customers' attitudes, behavior, etc.…
Q: FUTURE GENERALI TOTAL INSURANCE SOLUTIONS A PROTECT YOUR FAMILY WITH LIFE INSURANCE
A: The different classification of consumer products given in the image are discussed as follows with…
Q: lating implementing business processes with the help of information technology. Explain how an IT…
A: The advancement of information technology has enabled the digitization of information, as rising…
Q: What lessons in leadership would you identify for sharing with Nokia to help improve their market…
A: To say that Nokia is self-destructing wouldn't be a distortion, and numbers and figures just…
Q: Think about the effects that using the cloud will have not only on your wallet but also on your…
A: Advantages of moving to Cloud: 1) Make a backup of your data and restore it if necessary.Once data…
Q: Identify strategic alternatives and know a basic outline for a marketing plan.
A: Marketing planning is associated with the accomplishment of marketing objectives. The marketing…
Q: What is an external information search?
A: Information search means searching the most appropriate product or seller from the…
Q: What are the factors that the promotion mix depends on?
A: Promotion mix defining the promotional strategies chosen by the organisation . It is a…
Q: Make a business model about restaurants. Make it creative
A: Business models help to bring success in business. A good business model is always a path to a…
Q: Discuss the importance of brand, and why it is important for both customers and business firm?
A: Marketing performs all activities which is required to contribute into product awareness and…
Q: Under what conditions are market tests useful for salesforecasting? What are the ad-vantages and…
A: A new product can be a product which has not been created and sold by a company before but can be…
Q: When it comes to customer service, companies may become involved at three different levels. To…
A: Customer service must be delivered to the customers before, during, and after the purchase has been…
Q: What are the benefits of marketing planning?
A: A marketing plan is a step-by-step guide to introducing and delivering your product or service to…
Q: List the differences between concentrated and differentiated strategies, and describe the advantages…
A: Marketing that is distinct When a corporation launches messages that appeal to two or more separate…
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- Briefly describe new product development process with the help of an example and also Why do new products failHow do software product managers prioritize features and enhancements in a product's roadmap? Describe the methodologies and tools used for product management.Describe the four major nested processes in the new service or product development process.
- Each product will have a life cycle, although its exact shape and length is not known in advance. Define the product life cycle and explain each step in the product life cycle. Describe the suitable strategies for each step in the product life cycle.How are product requirements gathered, documented, and prioritized during the product development process?* A description of package and label for the product (if it’s a tangible good). Virtual Time Capsule App
- Discuss the pros and cons of stage gate and spiral product development process. How to overcome the drawbacks of each method.How the design and material selection are important in the product development and discuss the types in design approaches with suitable example.Describe Standardize and Simplify Product Design?