Q: Strength and weakness of distribution channels (broker, direct dist and bancatakaful) for Motor…
A: A distribution channel in the business refers to the path through which a product or service from…
Q: What evidence exists that being socially responsible and ethical is worthwhile?
A: A person who displays ethical conduct indicates a strong moral code and consistent values. Those who…
Q: Explain the strategic planning process.
A: Successful businesses revise their strategic plans to accelerate growth, gain a competitive…
Q: You have been hired by a resort/hotel and they want to create some targeted advertisements to a…
A: We have been hired by a resort/hotel to segment the market so that a targeted advertisement can be…
Q: Do customers prefer shopping for groceries in public markets than to department stores? How so?
A: The customers these day prefer to shop in public market for groceries rather than just going to one…
Q: Explain the National Environmental Policy Act (1970).
A: Sustainability has become vital for companies to follow in a world where environmental harm has been…
Q: Summarize the marketing concept.
A: Marketing mix is the strategy which is concerned for collecting information and combining elements…
Q: In what type of competitive environment do you think Apple and Samsung operate?
A: Every market have sellers and buyers. There will be multiple seller or only one seller. Depending up…
Q: ADIDAS X PARLEY. 1. Market Segmentation, Target Market, Positioning?
A: Market segmentation is an essential component of any marketing strategy. The segmentation process…
Q: What is market segmentation? Describe the basic conditions required for effective segmentation.…
A: Market segmentation is a way of selling almost all the companies that make it. The process provides…
Q: what is Social loafing? importance and pros and cons and example what is Internationalization…
A: Since you have asked multiple questions we will solve the first question for you if you want any…
Q: Identify ethical and international issues in marketing research.
A: Ethics helps us to understand the difference between the right and wrong. There are various ethical…
Q: Discuss how the marketing concept contributes to a company's long-term 1. success.
A: 1. Marketing is the method of providing the standard products, facilities, or ideas to the proper…
Q: How can a firm obtain the expertise needed to produce and market its products in, for example, the…
A: Companies' driving force and essential for organic growth is new product development. Companies must…
Q: Restaurannts and fasst foood chains typically use fixed (menu) pricing. b. Let’s assumme that a…
A: Restuarants and fast food chain find it very difficult to set the prices without annoying price…
Q: Is Nike using a differentiated, an undifferentiated, or a concentrated strategy for targeting buyers…
A: Segmentation is the process of grouping customers having similar personality characteristics. It is…
Q: Which element of the strategic planning process plays a major role in the establishment of…
A: The inspiration behind strategic planning is to lay out general aims for your business. Another…
Q: How do you plan to incorporate socially responsible activities to generate positive publicity and…
A: A capitalistic society or market is very good in creating wealth but it is very poor in distributing…
Q: How can the ethical decisions involved in marketing be improved?
A: Ethical decisions in marketing refer to decision making process and various marketing activities…
Q: What are the advantages of operating a small business?
A: A small business in the United States is the one with fewer than 500 staff in the company and these…
Q: In relation to logistics, refers to the movement from raw materials to end consumer. integration…
A: As per honor code, i am bound to answer only 1 question, so you have to repost another question to…
Q: Outline the differences between table d’hôte menu and à la carte menu in catering operation.
A: Both are the type of menu styles in which either of the two is followed in various restaurants…
Q: How do wealth and consumer credit affect consumer buying power?
A: Decision-making is a procedure of selecting the best options among the substitutes available. It has…
Q: How can people with different personal values work together to make ethical decisions in…
A: Every company is created by people, is run by people and used by people. Employees are most…
Q: Explain the six basic rights of consumers.
A: There are different rights of a consumer, a consumer has these rights so that they can be safe in…
Q: What are the programs made to Reduce Sexual Harassment?
A: Sexual harassment in an office can lessen the productivity of the particular organization and it…
Q: What is the picnic in the graveyard experiment? At what stage of the startup would you use this…
A: Market research is one of the important step conducted by marketers and entrepreneurs before…
Q: Explain how laws, government regulations, and self-regulatory agencies affect marketing activities
A: Marketing activities are created by the company to bring in customers. Marketing also helps to…
Q: Assume the role of a computer salesperson for the Can Do Computer Company selling to a small company…
A: In the given scenarion, this is a role of a computer salesperson for the Can Do Computer Company…
Q: Define geodemographic segmentation. Identify several types of firms that might employ this type of…
A: Market Segmentation is impacted by four segmentation variables or basis. These are geographical…
Q: What is the importance of exports to the U.S. economy?
A: The nation which participates more in exports and imports is called a big country in world trade…
Q: Identify and explain the major components of a marketing plan.
A: A marketing plan is a document that outlines a company's advertising strategy for generating leads…
Q: You are a retail manager of a new supermarket. Your target market is largely price-sensitive and…
A: One of the factors to achieve success in the market is selling the products at the right price. This…
Q: . What are the forces in the marketing environment? How much control does a marketing manager have…
A: Several internal and external factors influence a company's marketing efforts. While some of the…
Q: Create a prototype of a product or service that you want to market for future business.…
A: A prototype refers to a sample, model, or release of a product that has been created to test a…
Q: Using the information from your SWOT analysis, have you identified any opportunities that are a good…
A: Every company will try to create its weakness into its strength by creating various strategies…
Q: Can Crayola transfer its first-mover advantage from the crayon market to creative and artistic…
A: Every company will see various changes in its business environment over time. These changes might be…
Q: In what ways does social class affect a person’s purchase decisions?
A: The atmosphere whereby one lives has an effect on one' client's behavior. Society, socioeconomic…
Q: Outline the development of a marketing plan.
A: Ans. Introduction A decent marketing plan is driven by your marketing strategy and is the execution,…
Q: Define the term social audit.
A: Companies should strive to strike a balance between profitability and social responsibility. A…
Q: what are 3 situations where we should not conduct market research
A: The assets are not accessible : Like the issue of having research being more expensive than helpful,…
Q: Let's assume that you are the owner of the Pizza Pizzazaz. As the owner, how can you market "Pizza…
A: Firstly, It's critical to boost your digital marketing efforts, build an online presence, and…
Q: What are the 10 necessary & relevant major items for the innovation pillar and justify each of the…
A: Innovation helps the humanity to move ahead. We become more efficient and get more free time in our…
Q: Describe the different types of approaches to marketing research, and indicate when each should be…
A: Marketing research helps the company together insights from the market. These Insights are used to…
Q: Define and give example of Business to Business Advertising
A: Business-to-business adverts encompass all advertising strategy aimed toward other companies rather…
Q: Identify the major components of strategic planning, and explain how they are interrelated.
A: Strategic planning is the process by which an organisation's leaders define their vision for the…
Q: Select any one popular TV advertisement for any product/service that you find ethically…
A: Advertisements have a huge impact and reach in the audience. It influences an entire culture and…
Q: Explain any four (4) types of advertising campaigns associated with acquiring customers to a…
A: An advertising campaign, also known as ad campaign, is a set of marketing messages used in…
Q: . What is value? How can marketers use the marketing mix to enhance the perception of value?
A: Value: Value is a subjective idea that varies from one buyer to the next. In marketing…
Q: What is a sales forecast? Why is it important?
A: Every company will create customers and create an exchange with them. It will exchange the value…
What are the strategic objectives and action plan of merryland amusement park strategic analysis?
Step by step
Solved in 3 steps
- What are the most effective strategic objectives and action plan of merryland amusement park strategic analysis?There are a number of techniques employed to conduct an analysis of strategic options from which an organization can choose from to aid its attainment of long term objectives. As staff of UT Holdings, co-opted into a business development committee, you have been tasked to do the following;1. Explain each of the four quadrants in this matrix with appropriate strategies that may work out for each quadrant.Explain the strategic alignment model (Henderson and Venkatraman)
- 20) Develop a mission statement for Southwest Airlines and Carlton hotel. Explain step by step.First describe the target customer for each class of hotel. Then, based on the customer segment and market trends, what are the potential revenue generating ideas the hotels in each class could implement?Revise the current mission and vision statements below and provide revised statements based on the universities strengths and strategic priorities provided below, explaining why the revision is better. Current Mission Statement: Success of our students & alumni, Success of our faculty & staff, and Success of our community. Cuurent Vision Statement: Inspiring futures, fostering excellence, creating leaders, building community Universitys Strengths: A Good Value Dedicated and professionally-respected faculty Campus diversity Flexible program offerings Faculty-to-student ratio And here are the strategic priorities (vision) that we identified from our SWOT analysis: Universitiys Strategic Priorities: PRIORITY #1: Student Success -- Cultivating students as they advance towards graduation, careers, and meaningful lives. PRIORITY #2: Responsible Stewardship -- Ethical and transparent management of university resources, leading to the long-term stability and effectiveness…
- Review the following hypothetical scenario and answer the following question: For our upcoming executive retreat, the Strategy Group has been tasked with competing a strategic analysis of our business and our industry. While there are a number of different approaches that we can take, I would like to rely on Porter’s “five forces” framework for our analysis of the industry structure. Q: Please provide an outline of each of the five forces as it relates to the cable industry and whether conditions in the industry are favorable to long-term profitability.Propose a corporate strategy for the Coffee Merchant that will apply for the next 10 years. Critically assess the competitive advantage of the company that their current strategy offers: Identify and evaluate the factors that contribute to their competitive advantage. Referring back to your analysis up to this point, identify at least 5 issues pertinent to the Coffee Merchant. Identify an appropriate option that would be the basis of their new strategy in the light of the above Prioritise the issues and select two of them. Develop at least three options relevant for the corporate strategy. Assess these options as taught and create a proposal. Identify your final choice and discuss the impact it could have on at least three stakeholder groups. Review the stages have been undertaken for this assessment have contributed insights that informed your proposal and why they were needed to ensure your proposal is robust. Make sure you demonstrate your understanding of…Which stakeholder(s) created the Tourism Tofino Strategic Business Plan, and which sector(s) do they represent?)2. Identify two existing plans or policies that were followed or considered in the creation of the Tourism Tofino Strategic Business Plan, and who created them? ()3. Identify four key local stakeholders mentioned in the Tourism Tofino Strategic Business Plan (other than Tourism Tofino). 4. Identify two key non-local stakeholders mentioned in the Tourism Tofino Strategic Business Plan. 5. What is the timescale of the Tourism Tofino Strategic Business Plan? (6. What kind of consultation was completed and how often was the public consulted? (7. Is the Tourism Tofino Strategic Business Plan an example of sustainable tourism development? Explain why or why not. Provide two reasons to support your answer. (8. Identify one environmental, one economic, and one socio-cultural impact mentioned in the Tourism Tofino Strategic Business Plan (3 impacts total. Impacts can be positive or…
- The Smith Leisure Center in Chicago has hired you to help them with their marketing decision-making. Perform a SWOT analysis on The Smith Leisure Center, based upon the following information. Give reasons why you classify a particular factor as an S, W, O, or, T: Just mark each as a strength, weakness, opportunity, or threat The Center is located within a two-minute walk of the main bus station and is a fifteen-minute ride away from the local railway station. It is located next to one of the largest shopping centers in Chicago. Although, the center has an Olympic-sized swimming pool it neither has a wave machine nor whirlpool equipment. The competing local facilities have either a wave machine or whirlpool equipment. It is one of the oldest centers in the area and needs some cosmetic attention. Due to an increase in disposable income over the last five years, local residents have more money to spend on leisure activities. There has been a substantial decrease in the birth…What strategic problems must be solved? cordova research groupCritically evaluate Kaplan and Norton's Balanced Scorecard as a Strategic Management System