Q: Why is it important for the company to know the lifetime value of their customers?
A: Customer lifetime value is the total worth of the average customer's revenue which is generated over…
Q: What is the formula for finding the breakevenpoint in units and in dollars?
A: Break even is a point where the company will recover all its invested initial amount. This break…
Q: cial media ad campaign announcing the nex slike Snapchat and Instagram to see what y ebook page to…
A: Social media marketing refers to the promotion and advertisements of goods and services by the…
Q: Twenty-Nine Production Group wants to launch a new album by one of its artists. The album will be…
A: A product life cycle is the time taken by a product from its introduction in the market till the…
Q: Intelligent Services, your employer, prides itself on hiring minorities. One candidate fully fits…
A: Employee every important asset for any company. They are a part of team and must therefore have all…
Q: 2. If the current Price is $20 and a decrease in price by 15%causes an increase in sales by 40%,…
A: The percent change in quantity demanded divided by the percent change in price is the definition of…
Q: This activity encourages you to experience the effects of promotions in your daily life by becoming…
A: Promotional activities refers to the strategies in which an organizations uses various techniques to…
Q: Describe the role of today’s salesperson
A: Personal selling has the perspective of selling directly to target audience by establishing face to…
Q: How and Why will customers pay for services
A: There is only one industry that always focuses on customer satisfaction and personalization the…
Q: Would having more regulation hurt
A: Starbucks is a recognized brand around the world which have a number of branches and the main…
Q: Can a strategic alliance be “VRI” (valuable, rare, and inimitable)?
A: Can a strategic alliance be “VRI” (valuable, rare, and inimitable)? Potentially yes, because it is…
Q: Written Work #2 Directions: Read the questions and answer it in not less than five sentences. 1. Is…
A: It's far possible for a product to succeed in the market whether or not it has a distinguishing…
Q: As posited by Keegan and Green (2020), describe how the H&M's global marketing strategy is different…
A: H&M's product strategy focuses on offering high-quality apparel that is current in fashion at…
Q: Preferred computer games played by the yout O Primary data Secondary data
A: Every field require research to understand the phenomenon around us and apply them to achieve the…
Q: What is the role of integrated marketing communications(IMC) in a firm’s overall marketing strategy?…
A: Integrated marketing communication is the holistic approach of combining the marketing strategies…
Q: what are the weaknesses of these 3 digital baking, ING digital bank, TONIK Bank and DiskarTech?
A: Fully digital banks from Southeast Asia have already announced their presence, while the top banks…
Q: o the difference between core competence and business strategy must explain in detail
A: Every company will try to create value for customers and gain as many customers as possible in the…
Q: 2 Identify at least four types of consumeroriented sales promotions.
A: Consumer-oriented promotion tools are designed to increase sales to existing customers while also…
Q: What are some solutions being offered and how the services addresses or solves a customer's problem…
A: Ans. Introduction Customers need an extraordinary encounter, and a piece of that experience implies…
Q: Why is it important to ask questions?
A: We have to ask the questions in order to get the required information and in the marketing context…
Q: Explain the difference between expert-based test estimate and metric-based test estimation in a few…
A: The metrics-based approach utilizes computations from authentic information while the expert-based…
Q: Help me answer the given question. 10. Define and differentiate the three common research…
A: Marketing research implies using customers and market related data for examining its trends and…
Q: Many vocations and industries have been affected by the rise of information technology. Taken into…
A: Because of rise in information technology, vocation or career of individuals and industries can be…
Q: What is publicity?
A: Advertising is a medium through which any company aims to deliver its message to the customers or…
Q: What is an SKU?
A: The stock storage unit (SKU) is a scanner bar code, which is often seen printed on product labels in…
Q: Give an example of each of the major categories of pricingobjectives.
A: Some common pricing objectives are given below:- Pricing that is based on revenue is referred to…
Q: Marketers use several segmentation categories and various variables within each category when…
A: Market segmentation is the strategy of dividing the market of potential customers into groups or…
Q: The different stages in the product cycle are as follows EXCEPT: Market development and launch…
A: The correct option is 5 which is given as 'Experimental phase'. Explanation: The product life cycle…
Q: What questions can a researcher ask on the planning phases of his research process?
A: Before undertaking the production activities, it is advisable for the marketers to study the market…
Q: Some say that advertising increases the efficiency of markets; others say that it decreases their…
A: Advertising provides a platform for businesses to connect with prospective and existing customers…
Q: Describe the various types of advertisingappeals and their uses.
A: Advertising is said as the promotional techniques that is generally has the feature of paid form of…
Q: Though goods and services are both types of products, they present different marketing challenges.…
A: Marketing aims at creating awareness about a firm's offerings which can be products or services or…
Q: 1 What are some common emotional appealsused in advertising?
A: Emotional Appeal- A persuasion method utilized to create an emotional response or feedback from the…
Q: What is it about Google that Pinterest sees as its greatest competitor? Pinterest Pinterest puts a…
A: Pinterest's original aim of sharing has been replaced with a focus on search, making Google its…
Q: Name and describe the two broad new-product pricing strategies. When would each be appropriate?
A: New product pricing strategy is used, when a new product is launched into the market. In this…
Q: how is a sweepstakes different than a contest?
A: Sweepstake refers to a type of product promotion where the company offers large prizes to its…
Q: Users of the Internet may choose between two distinct sorts of services. What distinguishes each of…
A: With the emerging era of the internet, there are many big players who enters this market and are…
Q: Make up situations for purchasing items from the XYZ E-Commerce Store. Scenarios should describe how…
A: A customer is a person who will take part in the exchange with the company. He will make the…
Q: List the five most common functions of business reports for an organisation that manufactures…
A: A business report is a set of data which provides factual or historical information to the…
Q: Do you think new technologies help companie
A: Every Business which starts its production has to think about marketing costs to launch the product…
Q: Question 7) Provide a brief around the purpose of “shared value” and “inclusive business”.
A: Shared value is a business technique or a strategy which is designed to resolve social issues in the…
Q: DU When Taylor and Leonty opened a hair salon about nine months ago, they decided they wanted to get…
A: Internet has been growing leaps and bounds, and so is advertising on it. Increasing presence on the…
Q: Think of something you bought recently that was made by a multinational corporation. How do you know…
A: Recently, i went to MacDonald's and bought the meal, they offered. And MacDonald is a multinational…
Q: What is relation of Branding and Franchising
A: BRANDING: Branding is the process of creating a strong, positive perception of a company, It helps…
Q: What is direct mail
A: Marketing has the purpose to ensure that product message is communicated to target audience for…
Q: liquid fuel in South Africa for many years. Intervention on has been intimately bound up with the…
A: While there is absolutely no contending that over the long price control can prompt major financial…
Q: Poster message to youth to be responsible user and competent producer of media information
A: Ans. Introduction The point that I will examined is about responsible users and competent producers…
Q: Make a slogan that shows the different between a LEADER and a BOSS. Then give a brief explanation…
A: Slogan - It is an attractive phrase or statement that reflects the beliefs or values of a company…
Q: Analyse the organisational structure used by the Amazon and its relevance to the business…
A: the organizational structure used by the Amazon Amazon's organizational structure can be defined as…
Q: One of the most important company objectives is to increase and improve customer loyalty and…
A: The important and effective way to increase the business and profits is by increasing the customer…
P7 Identify the key contributing success factors of a manufacturing system
Step by step
Solved in 3 steps
- Q.1 Your friend Monica wants to open a boutique of her own and is in the middle of preparing a report which has to specify the type of manufacturing process used. She is not able to relate the type of business with manufacturing process. Explain the various types of manufacturing processes and point out the best suitable process for her business. Give appropriate examples of all the manufacturing processes.4b. Manufacturing What are three business strategies that can be used in a manufacturing company?What are some good manufacturing systems and process classifications?