Q: What is meant by replenishing technology?
A: Replenishment is defined as the process of restoring that to its original state. One example of…
Q: How might adoption of the marketing concept benefit a firm? How might it benefit the firm’s…
A: A marketing idea helps in identification of client desires and needs or product and services,…
Q: What is The Sacrifice Effect of Price?
A: Price is the monetary value side by the company to create an exchange with customers for gaining the…
Q: What is odd-even pricing?
A: Odd-Even Pricing: It refers to the use of a numerical figure to influence a customer's impression of…
Q: What is the importance of managing customer relationships?
A: Marketing is a very broad concept of business. It includes various activities that are used to sell…
Q: Which of the following is NOT likely to be found in a company with a marketing orientation?…
A: Concept Of Market Orientation - Market Orientation, is a type of concept, which is defined as a kind…
Q: Explain the process of inventory management.
A: Distribution process oversees the stages of product delivery so that customers feel happy and…
Q: How comparison discounting can impact customers’ decisions?
A: The discounts are calculated by the sellers by multiplying the discount percentage with the initial…
Q: Which are the most common methods of geographic pricing?
A: Companies typically use geographical pricing to reflect the various shipping costs incurred when…
Q: 2/ List and discuss the major bases for segmenting consumer and business markets. (Market…
A: Market segmentation is the division of splitting a marketplace among varied identical segments of…
Q: Name the three types of full-service wholesaler.
A: Wholesaler: Wholesalers may own or control retail outlets, but they do not sell to end users. Many…
Q: Some firms do not delete products until they become financially threatening. What problems may…
A: Product deletion is a process in which, product which is failing or not performing well, gets…
Q: Explain product life-cycle.
A: Concept Of Product - Product, is that type of concept, which is described as a type of an item or a…
Q: Define the term infringe.
A: Infringement is a term that is related to intellectual properties and specifically, patents. •…
Q: What is the reason that a product declines?
A: A decline is a fall or descent, and the decline stage in the product life cycle represents similar…
Q: Discuss product line pricing?
A: A product line is essentially a collection of related goods with varying characteristics and…
Q: Define Demand-Oriented Tactics?
A: Demand-based pricing takes many forms, all of which are united because they are based on consumer…
Q: Explain what is meant by intra-industry trade and how it is measured. What are the main…
A: The concept that explains the exchange of services and goods between countries often in exchange of…
Q: 8.__________As a process of self-examination during her senior year of college, Sara decides to…
A: Business environment refers to the various micro and macro environment which surround the business…
Q: What is Product line pricing?
A: Marketing is a vast topic including various areas like pricing, Positioning, product development,…
Q: Assume that you need to do a market research before launching a "car service at doorstep" business.…
A: Market research is backbone for every successful Product or services before launching it at the…
Q: c) Critically assess the scope for expanding the type of research as a means of learning more about…
A: Consumer research is the type of market research that identifies a target customer's propensity,…
Q: Interbrand is a brand consultancy, specializing in areas such as brand strategy, brand analytics,…
A: In marketing, brand equity can be explained as the value of a brand in and of itself or the social…
Q: Who are distributors or jobbers?
A: Many manufacturers do not sell products or services directly to consumers; instead of relying on…
Q: What is the impact of the Extranet on marketing?
A: Concept Of Extranet - Extranet, is a kind of concept, which is defined as the controlled private…
Q: What is Multiple-unit packaging?
A: The packaging depicts the wrapping or the outer cover of the product to prevent the product from any…
Q: Identify and describe the six steps of the marketing research process.
A: The issue depiction, development of an arrangement to the issue, detailing of a think about the…
Q: It is feasible to change a conventional company into a flourishing online presence by using modern…
A: It is feasible to change a conventional company into a flourishing online presence by using modern…
Q: What are Cost-Oriented Tactics?
A: Tactical alliances are very dominant in today's situation. In the business environment, these days’…
Q: What is the difference between manufacturer brands and store brands?
A: Manufacturer brands-They are designed by producers and given their own brand name. The producer is…
Q: What is a Recession?
A: Marketing environment is known for different forces and factors which prevails in environment of the…
Q: Explain the process of labeling of products.
A: Labelling and packaging are concepts of marketing and branding. Attractive labeling and packaging…
Q: Define FOB origin pricing.
A: Marketing mix is said to the tactical tool which lays down the comprehensive plan for promoting…
Q: What are the benefits of Internet Auctions?
A: You've probably gotten used to ordering products online and delivering them right to your door.…
Q: What is Penetration Pricing?
A: Pricing is a Marketing concept. Marketing has a company to build customers and retain them for long.…
Q: What is Price skimming?
A: Price strategy deals with all steps and course of action which is performed to allocate a desirable…
Q: How product life-cycle leads to new product development?
A: Marketers, executives, and designers all benefit from understanding the product life cycle. It…
Q: What is the customer lifetime value (CLV)?
A: Customer lifetime value (CLV) is a business metric that determines how much a company can expect to…
Q: What are the benefits of retaining customers?
A: Customer retention refers to a business's capacity to convert consumers into repeat purchasers and…
Q: What is leader pricing (loss-leader pricing)?
A: Pricing determines the amount of money a manufacturer will get in return for services and…
Q: plan and manage own learning journey through consultation with employer/tutor what are smart goals…
A: In any business, setting goals is a critical discipline. It is utilized to achieve company…
Q: Describe the procedure for setting the right price?
A: Concept Of Price - Price, is a concept, which is defined as the value or money that a customer gives…
Q: Explain penetration pricing.
A: Pricing means the price which is given to product based on its production cost, competition and…
Q: Explain The Power of Dynamic Pricing?
A: Price is the fiscal value fixed by the company on the offered products in the market. It is not only…
Q: What is the advantage of having the information on the products?
A: Information on the products refers to various kinds of knowledge related to a particular product.…
Q: Why companies that manufacture private brands also produce their own manufacturer brands?
A: A manufacturer can be denoted as the person or an institution who is involved in the activity of…
Q: Name the types of pricing associated with business products?
A: For business products, the pricing strategy differs to a great extent from consumer products. The…
Q: State disadvantages of cost-based pricing?
A: Cost-based pricing can be denoted as a pricing method that requires the marketer to calculate the…
Q: What is meant by a shopping product?
A: Customers get leaping products comparatively regularly as well as to valuate them to marketplace…
Q: The insurance industry in South Africa is stable and mature with large and small companies competing…
A: We are a purpose-driven financial services firm based in South Africa that operates in a number of…
State the advantages of telemarketing.
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