Q: what is market place?
A: Every company or organisation requires a place, where they can meet with the customers. This need is…
Q: What is the main goal of a company that serves a specific community need?
A: There are different motives for running a business enterprise. An organization is an entity that is…
Q: benefits do customers derive from relationships in service industries?
A: Marketing not only concentrates on the promotion of the product but also concentrates on making…
Q: 1-3 What four factors are needed for marketing to occur?
A: Marketing refers to the activities a firm or business is engaged with in order to promote their…
Q: Describe the seven types of business goods and services?
A: Any business or company in the market either produces goods or services to serve and satisfy…
Q: Describe what is Technology acceptance?
A: Technology Acceptance Model assumes that there are beliefs that determine computer usage perceived…
Q: Which individuals are in the buying center for the product or service?
A: Buying Center is a set of people who are involved in taking the purchase decisions. There are…
Q: Exain briefly the Second Educational Plan
A: Planning is vital in the field of education. A well-planned education system is a pathway to a…
Q: What are intangibles? how do basic marketing concepts apply to the marketing of intangibles?
A: Intangible items include things that people cannot touch such as services and other experience-based…
Q: Taxes, unemployment, and inflation that affects retail business are _______________. a. Economic…
A: Retail buisnesses refers to directly selling goods and services to the consumers and making profit…
Q: Why is it necessary to focus only on a particular segment of the market rather than try to sell to…
A: A market segmentation is a process of conducting a strong market research into the customers for the…
Q: In your opinion, to what extent have contemporary marketing contributed in increasing the business…
A: Contemporary marketing means that the owner of the business will respond to the needs of the public…
Q: Why is utility such an important feature of marketing?
A: Marketing works on various functions to be performed in the market such as primary function and…
Q: What are some industries or segment boundaries for the PC Industry?
A: The boundaries of any industry comprise of two primary dimensions. The first dimension being the…
Q: Why did businesses enter the marketing economy? Multiple Choice Businesses became more…
A: A market is where there are many transactions between buyers and sellers. The buyer will get the…
Q: The business market consists of four major categories of customers: producers, resellers,…
A: Buyers of enterprises might be for-profit or charitable organizations. We've divided the many…
Q: 3-5. How does technology impact customer value?
A: Customer value describes the worth that a product is delivering to potential customers. It is…
Q: Why business buyers are better informed than consumers?
A: A buyer is a person or an entity who will take part in the exchange with the other company. He will…
Q: How might you apply consumer market to business-to-business settings?
A: On the digital marketing platform, there are different types of businesses, including…
Q: What does the term technology mean to you? Dothe benefits of technology outweigh its costs…
A: Expeditious introduction of modern technology and the conception of international organizations have…
Q: What is a good? What are the differences betweentangible and intangible products?
A: Marketing refers to the activities performed to promote a product/service in a way that attracts…
Q: Marketing is not relevant for poorer markets? Why?
A: Marketing is the term used to describe a company's efforts to promote the purchase or sale of a…
Q: What is market penetration ?
A: А Mаrket is а рlасe, рhysiсаl оr virtuаl, where eсоnоmiс аgents interасt with eасh…
Q: implement anyone principle from industry 4.0 six design principle on any organization
A: Industry 4.0 refers to the management development process in the field of manufacturing and chain…
Q: Which environmental factors plays a vital role in selling the product or service in the market?…
A: There are various factors and forces that affect the ability of a firm to manage a good relationship…
Q: How are today's cultural ideals transmitted? How do principles affect the choice of goods and…
A: In regular daily existence, the most well-known way cultural norms are transmitted is inside every…
Q: Explain how the business market differs from the consumer market for a product such as automobiles.
A: Business markets is the process of selling product and services to other businesses, where those…
Q: The Social/Cultural environment of marketing includes all of the following, EXCEPT: O the way people…
A: Marketing environment - It signifies the influence of the factors on the business operations…
Q: Do you think that the juice bar phenomenon is a fad or rootedin some fundamental environmental and…
A: The fundamental business environment impacts the company's ability to create and nurture mutually…
Q: How does marketing affect our daily lives?
A: Marketing is a practice in which showing or advertising a company's products to the audience in a…
Q: Please answer: is selling an art or a science?
A: Selling is defined as the process of finding the target customers, creating demand and transferring…
Q: Production Concept Product C oncept Selling Concept Marketing Concept Societal Marketing Concept
A: Production Concept : The production concept basically relates to products that are inexpensive and…
Q: how does every forces in micro- and macroenvironment affect company's ability in creating customer…
A: There are various factors and forces that affect the ability of a firm to manage a good relationship…
Q: How does consumers provide value to a product or service?
A: Customer value is the perceived value of a customer for a good or service, that is recorded as the…
Q: How Do Consumers Benefit?
A: When Consumers are satisfied after purchasing or buying or taking a product or service from any…
Q: Explain How Marketing play an important role in everyday life ?
A: Mаrketing refers tо асtivities а соmраny undertаkes tо рrоmоte the buying оr selling оf…
Q: What if sari-sari store does not exist? How would this affect our community?
A: First of all, sari sari store is the small neighbourhood retail shop which caters to the members of…
Q: As a consumer, what are the different factors that will make you buy their products or services?
A: Above question is answered below:
What factors enhance the diffusion of a good or service?
Step by step
Solved in 2 steps
- Discuss the social influences on consumers and provide an example such as food and explain how one or more of these factors impacted a product or service purchase you made recently.Do you think that the juice bar phenomenon is a fad or rootedin some fundamental environmental and market forces?Why?In your opinion, to what extent have contemporary marketing contributed in increasing the business value for the company?
- Which environmental factors plays a vital role in selling the product or service in the market? Explain any two factors in detail with an example.INSTRUCTION: Think of one societal problem, then give an example of a business idea and target market. Here, I provide one example for reference purposes. Societal Problem: Water Shortage Business Idea: A rainwater harvesting system comprises a collection area, a conveyance system, and storage facilities. The purpose of this installation will help consumers to filter and store rainwater even after the rainy season has gone. It will augment the water supplied by the Baguio Water District, especially during the dry season. Target Market: Household and business owners.Describe the seven types of business goods and services?