Q: How Does Mcdonalds use IT to create a cross functional enterprise system that closely understand…
A: McDonald's McDonald's has transformed the way fast food is utilized across the world. With 304…
Q: “Continuous market study and analysis can help a company to gain from taping new opportunities,…
A: Many companies ignore the importance of market research and continue with their existing products…
Q: Compose a market segmentation, targeting and positioning analysis of your preferred engineering…
A: Marketing segmentation, targeting and positioning (STP): Marketing STP helps an organisation in…
Q: Discuss instances of food labels, denim, sports shoes that are able to offer customers different…
A: The value proposition is the solution offered by the company on the customer's problem. For this,…
Q: The product life cycle helps a company understand the stages a product or service may go through…
A: A product or service is an offer by the company to the customers to satisfy their needs and earn…
Q: Identify where each of the following products likely lie on a traditional Product Life Cycle.…
A: Each of the following products likely lie on a traditional Product Life Cycle are discussed as…
Q: Analyze FIVE (5) characteristics of a successful products development from the perspective of the…
A: Introduction: From the perspective of investors of the profit enterprise means, developing a…
Q: Explain the meaning of the rule below: "Find the opportunity first before coming up with a new…
A: Organizations in order to strive and maintain a competitive edge in the market needs to carefully…
Q: Identify where each of the following products likely lie on a traditional Product Life Cycle.…
A: Product Life cycle refers to the concept in which a product goes through each and every stage of its…
Q: Directions: Write a one page essay about a product that you consume today. Use the following guide…
A: A capitalistic system is where most of the businesses are run by private individuals. Growth is the…
Q: What is the meaning of the Business rule given below? Explain. "Find the opportunity first before…
A: Business rules are guidelines that businesses use to make decisions. They are important because they…
Q: Explain the five core customer and marketplace concepts with some examples?
A: CORE CONCEPTS OF MARKETING: The 5 core concepts of customers and market can examine the understand…
Q: Given below a table of Competitive Profile Matrix of four major competitors in the soft drinks…
A: In the given situation, Data are given in the form of weight and rating which will help the…
Q: How do you promote your product/service to create an impact, differentiate from competitors and…
A: The aim of product differentiation is to gain a competitive advantage or to distinguish your product…
Q: 1. As you embark upon the design of your manufacturing facilities, what data would you seek from the…
A: Disclaimer: Since you have asked multiple question, we will solve the first question for you. If you…
Q: What are the implications of dealing with such non-traditional competitors? Conversely, the biggest…
A: After reading the given excerpt what we can perceive is that the newer competition may be from the…
Q: Regression analysis
A: Regression analysis is a technique that uses a determined set of series of mathematical equations in…
Q: Select an organization that you purchase products or services from and identify the organization’s…
A: A customer touch point refers to any kind of interaction customer is going to have with…
Q: Describe the environmental forces that affect trivago company both now and in the future
A: Trivago is a Dutch company established in the year 2005. It provides hotel and lodging services.…
Q: market potential and profitability for majan glass
A: Majan glass is a glass and empty glass container manufacturing company located in Sohar, Oman. It…
Q: What does it mean when a member in a competitive set does not have supply, demand, and revenue data?…
A: There are various industries these days in the external environment. There are a number of…
Q: How would you define market positioning? and How would you position your product/service in the…
A: The procedure outlines how you will distinguish your product/service from those of your competitors,…
Q: Explain how strategies are implemented in relation to service product characteristics and in…
A: A strategy describes however the ends (goals) are going to be achieved by the means that…
Q: The George Foreman Grill is a compact cooking appliance with a double-sided cooking surface that is…
A: A small cooking device, the George Foreman Grill has a double-sided cooking surface that is slanted…
Q: Present a Concept related to AVIATION INDUSTRY/ COURSE with accompanying 3 ways of elucidations.
A: The aviation industry/course is just going to take off like a skyrocket. More individuals are flying…
Q: From a business model canvas (consist of nine building blocks) give the value proposition, customer…
A: Our business module consists of 9 sectors which include, franchising, and advertising-based. It is…
Q: Is it possible to market a product without identifying their market? If so, is it possible to…
A: Creation of successful marketing communication techniques lets the business identify an objective…
Q: Why is market segmentation important to service firms?
A: Market segmentation: Market segmentation refers to the process in which the consumers in the…
Q: what are the fears, needs and wants of a customer when selecting a 3 PL company?
A: 3 PL company involves the logistics service for the products. They are only responsible for the…
Q: Explain Why is it important to actually observe consumers and customers to develop new products?
A: When a company decides to design a new product and launch it in the market, the 1st step they take…
Q: Explain what a value proposition is and what its purpose is. Also, create a value proposition based…
A: In every business organization or marketing organization, there are commodities, products, and the…
Q: Mention a business opportunity and illustrate how do you identify it
A: As entrepreneurs, we should always live eyes-wide-open, and learn how to view problems as a means…
Q: sustain our unique value and position to customers?
A: The prospects for developing associate degree unique value proposition, or positioning statement to…
Q: Among the innovative product nowadays which do you think is the most important, explain your answer
A: This question is related to the topic - Business strategy and this topic fall under the operations…
Q: Select one existing and famous business organization and complete the following: Name of the…
A: The business selected is as follows: The organisation selected to complete the given data is Apple.…
Q: The following question is for a market analysis of a hypothetical online tutoring business. Answer…
A: COVID 19 Pandemic is a situation that has created such a situation that carrying out business either…
Q: certain products are shifting from a "good" to a "service"? What is the implication of this shift…
A: Reasons why certain products are shifting from a "good" to a "service" When Consumers purchase a…
Q: How will the organization differentiate its products and/or services from competitors’?
A: Companies must differentiate their products or services to get a competitive edge in the market.…
Q: Pick two product categories – one should be a physical good and the other should be a service. A)…
A: the definition of a product goes method on the far side being a object or a service. He defines a…
Q: What are the possible cultural, social and personal factors affecting Royal Enfield's success in the…
A: About Royal Enfield - Royal Enfield is an international motorcycle manufacturer based in Chennai,…
Q: What competitive advantage does your product offer and why does this competitive advantage work for…
A: Competitive Advantage can be described as any advantage that a particular company gets over its…
Propose new or innovative product/service that you will offer in the market. Describe the business briefly.
Step by step
Solved in 3 steps
- What is the meaning of the Business rule given below? Explain. "Find the opportunity first before coming up with a new product or service in the future"Explain the meaning of the rule below: "Find the opportunity first before coming up with a new product or service in the future."When talking about the Homzart company of Egypt , what is the customer need of the target group of the company ??
- How will we sustain our unique value and position to customers?Define and describe the promise of CRM, explain why it is important in business and choose one model for our business, explaing the reason for choosing this model to justify what you are saying?Choose a present/existing company and answer the following questions: 1.What product/services that you have recently purchased to the company? 2.On the product that you have chosen, do you feel satisfy on your purchase? Yes or No? and your reason. 3.Do you encounter problems with your chosen product? Yes or No? if yes what is it? 4.Where you able to report your complaints to the company? If yes? How did you call their attention? 5.How will the company improve its services/products for their customers?
- Select a business organization and describe its competitive environment for the products or services. What are the implications of this for the selected organization?Consider the below Case study to solve the following questions Sugar Plum Sweets is a small scale bakery business run by a family of experienced confectioners. Sugar Plum Sweets is making a quite conventional range of limited sweets for the last 20 years. In this modern era, this venture requires some disruption and novelty in its products. Requirements: What are some of the more frequently used sources of new ideas for entrepreneurs? How existing companies (competitors) can help Sugar Plum Sweets to hunt new business ideas? Consider you are in the Sugar Plum sweets Management, use appropriate source of idea to improve the business of this sweet shop.Among the innovative product nowadays which do you think is the most important, explain your answer
- Explain the strategic option that takes the organization away from its existing products and markets showing its main advantages and disadvantages and the appropriate methods for its implementation?“Continuous market study and analysis can help a company to gain from taping new opportunities, maintaining existing consumers base and competing with market rivals in the changing market by developing, adopting and improving its product or service.” In light of the above statement explain why it is important to study market?Analyze FIVE (5) characteristics of a successful products development from the perspective of the investors for-profit enterprise based on Table 1. Table 1. A Successful Products Washing Machine Pen Bicycle