What are the main uncontrollable factors thatinfluence the desired state?

Q: Define Buffering, Blocking, and Starving?

A: Buffering Buffering is the process that is used to hold the inventories until the preceding activity…

Q: List and discuss the various response models

A: Various response models in marketing are:1. AIDA Model2. Hierarchy of Effects Model3. Innovation…

Q: What stage would the patient be considered in maslow's hierarchy of need?

A: The Maslow's hierarchy of needs is a type of motivational theory which is studied in the Human…

Q: Define Delphi technique?

A: The Delphi technique or Delphi method is a structured communication technique developed as a…

Q: Define demonstration?

A: Demonstration is a method which can be used in any field be it science, commerce, or the arts. It…

Q: What is Average outgoing quality (AOQ)?

A: Quality control is a process where the business strives to create an environment where the quality…

Q: What are epistemic risks and non epistemic risks and examples of each.

A: Risk is present in even smallest decisions that businesses make and risks are seen as a very…

Q: What are the problems which are associated with customer satisfaction?

A: Concept Introduction   Customer satisfaction is the process of making sure that a customer's needs…

Q: What are the four types of correlation?

A: Correlation is a concept and statistical measure which is highly used in marketing research for…

Q: What is involved in creating satisfied customers?

A: Customer satisfaction is the measure by which a company's products and services fulfil clients'…

Q: 2 - Which of the following is not a physical surroundings factor influencing buying decisions?…

A: Physical surrounding factors are temporary effects that affect a customer in his buying decisions.…

Q: Determine an advantage using a producy life

A: Product Life Cycle is the set and flow of strategies which the mangers follow for a product…

Q: Does the MPS work with families of products or with individual items?

A: MPS is the master production schedule. It helps in estimating that when a material is to be use to…

Q: Explain the term Customer satisfaction?

A: Customer satisfaction is an important and valuable result of good marketing activity. The future…

Q: Describe the advantage of using abalanced scorcard

A: The Balanced Scorecard approach of measuring performance differs from the traditional financial…

Q: ill mean

A: The meaning of ill is as follows

Q: 4. Explain in detail the three types of desires humans have, according to Epicurus, and give a brief…

A: Epicurus accepted that the most solid way of being glad is to diminish one's desires until it's not…

Q: Explain Value Is Based upon Perceived Satisfaction?

A: Customer perceived value is an important marketing term that influences how marketers advertise and…

Q: Describe Kurt Lewin’s proposition

A: Organizational change: It views the procedure in which a firm alters its partial structure, complete…

Q: Describe two build-up approaches comparing and constrasting their advantages and disadvantages.

A: Build-up approach is a decision making approach which helps in taking better decisions using…

Q: What are the five factors that influence customer’s level of expectation? Discuss with examples.

A: An company sets customer standards, which can be high or low depending on the services provided by…

Q: What is need recognition ?

A: Consumer buying decision process deals with studying the consumers in terms of the behavior they…

Q: Explain the hawthrone effect breifly?

A: The Hawthorne Effect is the tendency of people who are the subjects of an experimental study to…

Q: What is ‘Form' in types of utility ?

A: Utilities are the benefits that a customer gets from buying and selling services from a company.…

Q: What is selective distortion?

A: Marketers have done comprehensive research on the buying behaviour of consumers to recognize how and…

Q: convience sample

A: Data collection is a combination of techniques required to gather both quantitative and qualitative…

Q: How could Michael Porter ideas (The Porter's 5 forces model) can be relevant to markering and sales?

A: Marketing gives the idea of brand and product awareness in the market through the mixing of…

Q: proposition

A: Significance of value proposition: 1. A Value Proposition directs you by defining your ideal target…

Q: Explain programmed decision and programmed decision please give several examples of companies aspect

A: Decision - Making In The Company - Decision making, in the world of business, is that type of…

Q: what is timeliness appeal advertisment?

A: There are different organizations and industries that are active these days. There are a lot of…

Q: Describe Customers’ rising expectations?

A: Customer’s are the king of the market. Products are made according to the requirement to the…

Q: Can a low involvement product be converted into a high involvement one?

A: Low involvement products are those type of products where consumer does not spend much time in…

Q: What are experience curves?

A: The concept of Experience Curve was developed by the Boston Consulting Group in the 1960's while…

Q: Give an example of value model?

A: A customer value model (CVM) is an information driven portrayal of the value, in financial terms, of…

Q: What isDemand Sensing

A: Forecasting is a technique that uses historical data to make informed forecasts of future trends…

Q: Define the term Selective distortion? Whendoes it occur?

A: The interpretation of information according to one's own beliefs and perceptions is known as…

Q: Describe briefly about napster pros and cons

A: A business is a legal entity formed under the law when a group of people come together to achieve a…

Q: How would you measure consumer problemsamong the following?

A: Problem Recognition can be defined as any issue that can rise with the use of the products to the…

Q: The internal environment factor(s) that influence nanagement is (are)

A: answer b)  All given options   The internal factors refer to anything within the company and under…

Q: What does it mean to anticipate a requirement?

A: Anticipating a requirement refers to predicting the needs, or the outcomes of a process or a product…

Q: What are the ways to refine or extend the want-satisfying capability of the products?

A: Utility is the want-satisfying capability of the products. Consumers utility for a particular…

Q: Define need?

A: Marketing research procedure involves performing analysis of market trends and need patterns of the…

Q: State and define the three types of needs in Alderfer’s ERG theory

A: The ERG theory of motivation is developed by Clayton Alderfer by taking into consideration Maslow's…

Q: What are the main uncontrollable factors thatinfluence the existing state?

A: The uncontrollable factors are those elements that a corporation has no control over. External and…

Q: Define the term Need recognition?

A: Identifying a need and considering a product that might be able to meet it is an example of need…

Purchase Process

Purchasing refers to the act of procurement of products or services from a market of resources. The procedures used to accomplish the acquisition of the requisite resources are referred to as the purchasing process. Consumer behavior, customer strategy, product pricing, consumer necessity, and other variables are various parts of the process.