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- Critkal Thinking You work as a marketer for a largechain of upscale skin care boutiques that offer allnatural skin and beauty products. The price of youringredients has been rising steadily for over twoyears, cutting into your profits. To continue makingthe products, you must either increase your prices oruse less expensive ingredients. Your research tells youthat the market won't tolerate a price increase, soyou have decided 10 use the less expensive ingredients from new suppliers. What, if anything, do youtell your customers? What are some of the possibleramifications of this decision for your business, yourcustomers, and your suppliers?The selling concept isn’t typically expert with unsought goods those that buyers can't usually think of buying, such as insurance of life Select one: True FalseAnswer the three questions at the end of these details from previous question - Mir Cola is the brand of soft drinks that our business sells. Since our product is made of soda, the name Mir Cola is a perfect fit. Mir Cola provides a variety of the most refreshing solutions for people looking for high-quality beverages; each flavor Mir-Cola beverage makes it enjoyable for consumers. Unlike other beverage options, Mir-Cola products promote the enjoyment and improve people's lives, and the company is utterly committed to meeting the demands of consumers and clients. Customers who come across any Mir-Cola product will first note the various package styles employed for the company's assortment of soft drinks. The packaging of Mir-Cola sets them apart from o. The products are packed in an orange-colored can. Along with the packaging, Mir-Cola makes sure that customers can purchase these various varieties of drinks in various volumes. The plastic bottles come in sizes of 0.5, 1, 1.5, and 2…
- sing an example of a recent, high involvement purchase (MacBook Air) you have made answer the following questions:4. Discuss whether you feel you gained value from this purchase, within your answer show how value is created during an exchange.Vertigo is a lifestyle ecommerce store for your daily fashion needs. What makes Vertigo stand out from the rest is the quality of the products it offers. The brand features only premium products from top brands. Vertigo aims to be a go-to lifestyle shopping destination for customers who are looking for high-quality products. a) Develop a business model for the “startup” vertigo. You must discuss how all the components of the business model are integrated, working as a “Unified system”. b) Suppose “1 year after starting this business”, you face fierce competition in the market. How would you make “A Transformative Business Model” by bringing changes into the answer in Q.a) above.What is false about the crossover effect? a. can occur with pricing b. can occur with advertising c. can occur with brand design d. 5 point difference can result is significant results to the higher scoring company e. all are true. none are false. Your company sells bikes to the speed segment. In a hypothetical quarter 7 the results of a situation analysis found that one of your bigger competitors has developed a patented technology that results in frames 15% lighter than yours. This represents a(n)_______in SWOT? a. Strength b. Weakness c. Threat d. Opportunity e. None are correct f. All are correct
- You have a job as a county extension agent and lead workshops for home gardeners. Smith comes to the workshops convinced that mantids will give excellent pest control based on the advertisements. Smith tries to convince everyone that mantids will control all the garden pests, from aphids to cabbage worms. What is a reason why mantids are unlikely to provide an acceptable level of pest control?Name and discuss 3 primary types of objections customers typically raise: 1. Price objection: Customer believes quoted price is too high. 2. Product Objection: Customer voices concerns about some element of product or service or customer might not be familiar with the product. 3. Time objection: Customer considering buying, but needs more time or customer has no intention of buying and wants to get rid of salesperson. Imagine you are newly employed as an Assistant Vice President (AVP) of Corporate Sales at a marketing organization. In the upcoming week, your team will be hosting a presentation for a new line of Tennis Rackets for 75 prospects. As you are aware, prospects are going to raise objections about this product. Using the compensation technique (admits the objection is valid but also discusses other benefits). and the acknowledgment technique (admits the objection is valid) discuss how one can apply these techniques to overcome objections. Why? Please be mindful to use…Please answer in detail Name and discuss 3 primary types of objections customers typically raise: 1. Price objection: Customer believes quoted price is too high. 2. Product Objection: Customer voices concerns about some element of product or service or customer might not be familiar with the product. 3. Time objection: Customer considering buying, but needs more time or customer has no intention of buying and wants to get rid of salesperson. Imagine you are newly employed as an Assistant Vice President (AVP) of Corporate Sales at a marketing organization. In the upcoming week, your team will be hosting a presentation for a new line of Tennis Rackets for 75 prospects. As you are aware, prospects are going to raise objections about this product. Using the compensation technique (admits the objection is valid but also discusses other benefits). and the acknowledgment technique (admits the objection is valid) discuss how one can apply these techniques to overcome objections. Why?…
- What value does a minimalistic handbag offer to consumers that makes it unique or superior to other similar products on the market, and that is it likely to make it successful?Help my by just giving main points briefly. I will elaborate them myself. Sabre Salleh and Khairul Anwar Azhari are the founders of Burger Bakar Abang Burn(BBAB). They learnt the art and gained experience in preparing high quality grilledburgers from Australia. They started their humble small burger stall business back in2012 at Dagang Avenue Food Court in Ampang. "We are in the business of sellinghappiness" is the mantra that flourishes BBAB since 2012. In 2014, after two years ofestablishment, BBAB has successfully incorporated franchise method to furtherincrease its market share in Malaysia.Along with BBAB steady performance, the founders believe that they should exploreand exploit new opportunities in the foreign market. Since they feel quite close toAustralian business environment, they are considering the market for BBAB firstinternational expansion. They are aware that responding to pressure for nationalresponsiveness and pressure for global integration are critical to ensure…1. give at least 6 core values and meaning for business, a company of calculators and devices product.