the total number of courses she sellS pricing strategy. Be sure to cover (a) how Hongxing will decide the price and quantity to sell through each store, (b) what conditions must be met for Hongxing's pricing strategy to work, and (c) whether it is reasonable to assume these conditions are met in this example.
Q: A. Marketing research and market analysis B. Competitive advantage distinctive competence C.Divestit...
A: The difference between marketing research and marketing analysis, competitive advantage and distinct...
Q: 1. A. Directions: Write True if the underlined word makes the statement correct. If not, replace the...
A: "Since you have asked multiple questions so we will solve the first question for you. If you want an...
Q: What is a contextual cue? Why is it of interest tomarketers?
A: Marketers must know they attitude and behavior of customers to reach them with the right product. It...
Q: 1 . Do you think that targeting ethnic products exclusively to ethnic groups could cause racial tens...
A: Marketing is the fulfillment of the needs of consumers through the right product and right price, ...
Q: What is the difference between pioneering and competitive ads?
A: Advertisements- Advertisements are promotional activities that aimed to sell services or products to...
Q: The household is described as “the basicconsumption unit for consumer goods.” Why?
A: The products in business is bifurcated into several forms as per its characteristics as well as uses...
Q: What is meant by family decision making? How candifferent members of the household be involvedwith d...
A: Family is important in marketing process. There are many consumers in family such as, child, mother,...
Q: Explain the advantages and disadvantages of alternative advertising media.
A: Advertising is the communication of products or ideas. Advertising helps to increase the company's f...
Q: ***No plagiarism and at least 250 words please***** Analyze the type of entrepreneurship Gyan-I ...
A: Entrepreneurship is the act of finding and starting a new venture. A Startup is a business where the...
Q: 1. What is Corporate Social Responsibility? Illustrate with examples the companies shouldering Corpo...
A: Corprate Social Responsbility (CSR) - A sort of socially responsible business self-guideline is corp...
Q: Describe one or two lessons from Lockheed Martin’s Skunk Works that can be applied to implementing m...
A: Lockheed's chief engineer was Clarence "Kelly" Johnson. Skunk Works was a particular name, that was ...
Q: Describe the general characteristics of each of thestages in the household life cycle.
A: The household life cycle tend to provide an understanding of stages of customers life cycle and fami...
Q: How can a marketer use knowledge of how familymembers seek to resolve conflicts?
A: A method that permits two or more parties to work out a peaceful solution to a problem is known as c...
Q: Create a porters value chain for a newly designed app
A: Porter's Value Chain Model is a corporate strategy tool for analyzing the value chain of a firm. Por...
Q: Q 8. In depth, Describe the different categories of online intermediary. Q 9. Discuss the importance...
A: Introduction:- The phrase "internet intermediates" comprises of a large, varied, and quickly develop...
Q: Write about Carrefour Company’s : 1) Global market 2) Economy Environment 3) Political and Legal...
A: As per honor code, i have to answer only 3 parts, so you have to repost the rest parts again to get ...
Q: Create SWOT Analysis About Bathroom Hair Keeper
A: SWOT (strengths, weaknesses, opportunities and threats) analysis is a strategic process conducted by...
Q: how are changes in technology changing the way you personally interact with distribution? write abo...
A: what is distribution Distribution means spreading the product overall to the marketplace which means...
Q: involvement in corporate pandemic preparedness by Michael Evangelides, principal at Deloitte Consult...
A: Becoming prepared for any bad situation which might cause trouble to the company financially or in t...
Q: Disneyland and DisneyWorld have traditionally marketed to families; recently, however, new household...
A: Targeting the product to the desired group of customers increases the chances of sales. For better t...
Q: As the video demonstrates, many managers do a poor job of providing performance feedback to their em...
A: When a chief transmits a terrible activity of providing exhibition feedback, it happens for the foll...
Q: What processes do parents use to teach children tobe consumers?
A: Consumers who are completely and positively obsessed with a specific product or brand and who choose...
Q: A large life insurance company has decided to switch from using a strong fear appeal to a humorous a...
A: Advertising is a medium through which the brand and product messages are communicated bro targeted g...
Q: Besides being a method of communication, online social networks are also innovations that are being ...
A: Innovation is said as the process of where a new idea is transformed to make it a physical product o...
Q: Explain reference groups and the criteria used toclassify them.
A: Marketers consider reference groups as significant since the reference groups impact how the custome...
Q: How has the distribution of household types inthe United States been changing? What are theimplicati...
A: This spike in the proportion of households has already been accompanied by a progressive but signifi...
Q: How do marketing managers choose the best social media sites to reach their target markets?
A: Social Media- Social media is an online platform for each user where they can post their videos, pho...
Q: What do the following corporations have in common? Enron (energy and utilities) Lehman Brothers (Wa...
A: Sometimes firms grow so big in size and operations that their collapse affects the entire economy. A...
Q: Discuss the key changes that 7Krave Jamaica underwent as they digitally transformed
A: 7Krave is a food delivery app operating in Jamaica. It helps the users in navigating food options ac...
Q: You see the same ad in Time and Fortune magazines and on billboards and TV. Is this an example of re...
A: Traditional media enables a business firm to reach only a targeted audience, while social media enab...
Q: are the 4 main basic components of the marketing mix
A: Marketing includes lots of topics like marketing mix, digital marketing, branding, pricing, segmenta...
Q: Why are channels for business products typically shorter than channelsfor consumer products?
A: Individuals and businesses engaged in getting a product or service accessible for use or consumption...
Q: Centralized decision making and purchasing are an advantage of_______________ ownership.
A: Retailing business functions on small scale operation where it deals with selling of small lots of p...
Q: If a market is segmented according to light, medium, and heavy product users, the marketer segmentin...
A: Market segmentation can be done in different ways that are demographic, psychographic, behavioral an...
Q: Create a Research Poster on the comparison of Internet Business Models
A: An e-business model is essentially a company's strategy for becoming a lucrative online business. In...
Q: How does Taco Bell ensure the continued success of the food chain?
A: Taco Bell's initial entry into the market was a huge success, since it established a separate brand ...
Q: During a study on the United States Market, I realized residents pay a high amount for mobile plans....
A: To sightseers or rookies, it tends to be a most stunning aspect regarding Canada. In our grew, first...
Q: How does family decision making differ from mostorganizational decision making?
A: The decision making by customers is a critical taks to evaluate as there are many motives that guide...
Q: What type of marketing strategy is CVS using?
A: Health care within the united states has modified at a fast pace, and so if CVS has arisen as a cont...
Q: Individual Activity 3: Keeping in mind your dream business venture, identify what are its strengths ...
A: Strengths - Not only have their relaxing tunes provided dopamine boosts. Collecting K pop merchand...
Q: Can you think of other strategies beyond those discussed that could be used to reduce consumers’tend...
A: Not only on social media or YouTube but people tend to skip even on other channels like television a...
Q: Assume a firm faces an S-shaped sales response function. What happens to the ratio of incremental sa...
A: In marketing mix model the S-shaped curve is the part of sales response function. The functioning e...
Q: Some national advertisers have found that they can have more impact with their advertising by runnin...
A: Advertising is all about sending the marketing communication to as many customers as possible using ...
Q: Do you think the trend toward nonfamilyhouseholds will continue? Justify your response.
A: Customer will go through various phases of decision making before, during and after making a purchas...
Q: Describe the difference among selective intensive, and exclusive methods of distribution.
A: Distribution is the process of making final products available to consumers. It transports goods dir...
Q: Explain the major considerations for developing capacity alternatives.
A: The process of determining what sorts of manpower and equipment are required and when they are requi...
Q: 17. Choose the best answer. This tip for managing a successful sales force involves the entrepreneur...
A: It is totally true that the sales force must be excited and the entrepreneur must be able to excite ...
Q: Chapter 7 discusses influencers.a. Who are likely to be the influencers for Tide Pods?b. How can P&a...
A: Consumer will make the purchasing decision based upon various factors. For high valued products they...
Q: Differentiate between: i. Marketing research and market analysis ii. Competitive advantage distincti...
A: (i). Marketing research refers to the pursuit of getting the unknown facts through known facts and i...
Q: I would like to ask about Canada, and what kind of effect PEST would have on a fast food restaurant ...
A: PEST analysis is used to evaluate the impact of these four external influences on your business whic...
Step by step
Solved in 2 steps with 1 images
- Suthar Timber Merchants in Patiala, India, features a large selection of building supplies,including timber, fencing and decking, moldings, hardwood flooring, sheet materials,windows, doors, ironmongery, and other materials. The prices of building materials areconstantly changing. When a customer asks about the price on fixtures, fittings, hangings,and other items, sales representatives consult a manual price sheet and then call thesupplier for the most recent price. The supplier in turn uses a manual price sheet, whichFor Theoretical AnswerAssessment Parameter WeightageIntroduction 20%Concepts and Applicationrelated to the question60%Conclusion 20%For Numerical AnswerAssessment Parameter WeightageUnderstanding and usageof the formula20%Procedure / Steps 50%Correct Answer &Interpretation30%has been updated each day. Often, the supplier must call back Suthar's sales reps becausethe company does not have the newest pricing information immediately on hand. Assesshow the use of ERP…M/s. Reliable Incorporates are in the business of Garment Manufacturing. The company is known for its creative and unique designs. The company has a local, national, and international presence. The product categories of the company comprise of formals, casuals, suits, designer wears, and wedding outfits with the brand name as “RI”. M/s. Reliable Incorporates appoints you as a consultant and wants you to assist in pricing strategy and ensuring how could it reach the clients thereby wanting to increase the profitability of the business.M/s. Reliable Incorporates wants you to assist in pricingstrategy and ensuring how could it reach to the clients thereby wanting to increase the profitability of the business. A) For success of any business organization, the most important factor in marketing mix is Location, Location, Location (Place/Distribution)” Assuming the fact, list down the various methods of channel distribution strategies and advise one such strategy for M/s. Reliable Incorporates with appropriate views?
- (a) Complete the invoice itemization by finding the total amount (in $) for each item, the merchandize total (in $), and the total amount of the invoice (in $). Stock # Description Unit Price Amount 4811V Stereo Receivers 50 x $293.50 $ 511CX Blu-Ray Players 25 x $136.28 $ 6146M Home Theater Systems 40 x $656.12 $ 1031A LCD TVs 20 x $594.00 $ Merchandise Total $ Insurance + Shipping $ Invoice Total $ (b) What are the discount date and the net date if the shipment arrived on July 14? Discount Date ---July--- Net Date ---August___ (c)While in transit, five Blu-ray players and four LCD TVs were damaged and will be returned. What is the amount (in $) of the returned merchandise? What is the revised merchandise total (in $)? Returned merchandise$ Revised merchandise total$ (d)What are the amount (in $) of the cash discount and the net amount due if the discount is taken? (Round your answers to the nearest cent.) cash discount$ Net…k of PDF : https://docdro.id/psUSO2n https://docdro.id/KV8USNQ question : 1/ According to Weele, the items that we measure determines the role of the purchasing function. List these roles, and show the mapping. 2/ According to Simpson and et.al, why should we measure the performance of our suppliers? 3/ According to Simpson and et. al, what are the characteristics of our suppliers should we measure? List these down in terms of evaluative criteria and its details.Identification and selection of suppliers is the duty of purchase department.Select one:a. Falseb. True
- Briefly discuss the following Are Costco’s prices too low? Why or why not?21) The volume packs so typical of the products sold at Costco demonstrate multiple-unit pricing. A) True B) False 22) The geographic pricing arrangement of F.O.B. Destination sees the buyer paying for the costs of the freight. A) True B) False 23) A supplier pays a retailer a shelving allowance for the purpose of securing shelf space. A) True B) False 24) A manufacturer that keeps a record of customer volume and issues cheques at a later date to cover allowances earned over the term of the offer is allowing a discount on the basis of a bill-back. A) True B) False 25) "3/10, net 30" means that a customer whose payment is received 3 to 10 days after reception of the invoice will get a 30% discount. A) True B) False 26) The buying committee turned to the sales manager of a new line of cereals and stated that it would cost the company $50,000 to get the products listed and placed on their store shelves. The buying committee is asking for a slotting allowance.…Give two examples of unethical conduct involving inventory management and the ethical principle each one violates. Hint: Price gauging, preferential treatment towards one vendor, withholding stock Provide illustrations and cite all the sources.
- Sam is at the post office to mail a package. After he pays for mailing the package, the clerk asksif he would like to buy some stamps. Sam pauses to think before he answers. He doesn’t have acredit card with him. After paying for the package, he has about $30 in his pocket. Analyze thisfrom an inventory standpoint. Identify the relevant considerations.To ensure a full line of outdoor clothing and accessories, the marketing department at Teddy Bower insists that they also sell waterproof hunting boots. Unfortunately, neither Teddy Bower nor Teddy Sports has expertise in manufacturing those kinds of boots. Therefore, Teddy Bower contacted several Chinese suppliers to request quotes. Due to competition, Teddy Bower knows that it cannot sell these boots for more than $54. However, $40 per boot was the best quote from the suppliers. In addition, Teddy Bower anticipates excess inventory will need to be sold off at a 50 percent discount at the end of the season. Given the $54 price, Teddy Bower’s demand forecast is for 400 boots, with a standard deviation of 300. If Teddy Bower decides to include these boots in its assortment, how many boots should it order from its supplier? Suppose Teddy Bower orders 380 boots. What would its expected profit be?Please do not give solution in image formate thanku. Demand for Bluetooth headphones at Gator Electronic (GE) is 5,000 per month. Holding cost is 25 percent and the company incurs a fixed cost of $500 for each order placed. The supplier offers an all unit quantity discount with a price of $200 per headphone for all orders under 1,000, a price of $195 for all orders of 1,000 or more but under 2,000 and a price of $190 for all orders of 2,000 or more. How many headphones should GE order per replenishment? The supplier offers a marginal unit quantity discount with a price of $200 per headphone for all orders under 1,000, a price of $195 for all orders of 1,000 or more but under 2,000 and a price of $190 for all orders of 2,000 or more. How many headphones should GE order per replenishment?