What is consumer behaviour? Discuss the sociological factors affecting the consumer behaviour?

Q: Explain? is the title given to someone who has the ability to motivate and excite technical…

A: Initiating, guiding, and maintaining goal-oriented behaviors are all aspects of the concept of…

Q: What is contract manufacturing?

A: Manufacturers obtain raw materials from the dealers. They then perform the different production…

Q: What are the objectives of Sales promotion?

A: Marketing is the primary activity of the company and his carried out to create customer. There are…

Q: What function does an industrial classification systemhelp marketers perform?

A: Every marketing unit performs different functions in the society to help in keep going the process…

Q: Remember 1929 Big Depression. Today all the World seems to go through a big crisis… Compare Turkey…

A: Between 1929 to 1939 the Great Crisis was a severe worldwide economic depression that began with a…

Q: For each marketing-mix element, which service characteristics are most likely to have an impact?…

A: The influence of service qualities on marketing-mix elements is shown below. Product: The greatest…

Q: Describe the product life cycle and its impact on marketing strategies

A: Product is the tool provided by company to the customers with which they can achieve their desired…

Q: What is the function of the World Trade Organization (WTO)?

A: The world trade organization provides a platform to negotiate trade agreements and resolve trade…

Q: How has digital media changed consumer behavior?What are the opportunities and challenges that…

A: A consumer is an individual who will purchase goods and services from a brand. Understanding and…

Q: How has technology transformed consumer behaviour

A:

Q: . Under what conditions might a firm use multiple forecasting methods?

A: Forecasting is a significant method of management of sales by assessing the future demand of…

Q: Describe strategic issues in marketing channels, including leadership, cooperation, and conflict.

A: A marketing channel is the set of people and organizations that work together to transfer goods and…

Q: Identify and describe the factors that may influencemarketing channel selection decisions.

A: Distribution of goods and services is a vital stage from which the business would deliver their…

Q: Why do buyers involved in straight rebuy purchasesrequire less information than those making…

A: Understanding the consumer decision-making process is critical for any business, but eCommerce…

Q: Explain what markets are and how they are generally classified.

A: There are various type of firms in the world. Firms produce goods and also produce services. Certain…

Q: Give definition and example to this consumer-oriented sales promotion 1. PRIZES

A: Consumer-oriented sales promotion is a pull strategy used by sellers to increase sales by increasing…

Q: What is the role of the channel intermediaries internationally?Where is value created beyond the…

A: Every company will create goods and services but will require to transfer them to consumers.…

Q: Why does a knowledge of culture or subculture might be of value to brand owners.

A: Under a particular label of brand, when an individual, organization or a company sells it's products…

Q: Define digital media, digital marketing, and electronic marketing.

A: Significance of marketing: 1.Customer loyalty and repeat purchases are fueled by a high level of…

Q: What is meant by a trade show?

A: Promotion is the fourth element in the marketing mix which is the end function of the marketers. It…

Q: What is meant by a rebate?

A: Sales promotion is short term method in promotion which focus on boosting sales volume. It is…

Q: What new technologies could destroy your current industry?

A: A long time back Artificial Intelligence and Machine Learning technologies were considered to be an…

Q: Identify the five steps of the target market selection process.

A: A target market is commonly a segmented collection of people who are most likely to purchase an…

Q: purposes of raising revenues but also to distribute equally the wealth of the nation and protect…

A: In every capitalistic structure there will be private companies who will be free to choose their…

Q: Questions 1.    To overcome the problems of its life insurance service intangibility, Great Eastern…

A: Great Eastern life insurance Co. Ltd is a Singapore and Malaysia based life insurance provider.…

Q: Identify the factors that influence the selection of specific market segments for use as target…

A: Target markets are very important for business organization or company. Target market is a…

Q: What are the source of funds of a sole trader?

A: A sole trader is an individual who is responsible for his business's success and failure. He is the…

Q: Is price a critical component of the value equation of the product in the targeted country markets?

A: Businesses must spend money on product design, development/building, and promotion. However, the…

Q: What is an undifferentiated strategy? Under what conditions is it most useful? Describe a present…

A: Undifferentiated strategy is a strategy used for selecting target market. It's usually the initial…

Q: Evaluate the effectiveness of " parade float "as a marketing communications tool by any known mobile…

A: Parade float serves as an economical advertisement practices for the company whearein the company…

Q: Discuss the importance of perception in personal selling.

A: Personal selling means that the marketer directly contacts with the potential customers and…

Q: 5.1 Discuss the possible reasons to buy a watch today. Connect each motivation you identify with an…

A: A company will create value for customers in terms of products and services. These products and…

Q: Discuss how products are classified.

A: Products are categorized into four groups depending on customer behaviors, pricing, and product…

Q: Explain how situational influences may affect the consumer buying decision process

A: Consumer buying decision is major step for customers that give them systematic manner to huy the…

Q: Brief exaplanation of marketing

A: Marketing is the process by which a corporation promotes the purchase or sale of a product or…

Q: Prepare a summary of variants of generic product development process for smart pen.

A: Characterization of the reference product, design  of the product, design of a consistent…

Q: Do you believe OSH has made a difference?

A: The goal of Occupational Health and Safety (OHS) is to safeguard employees against workplace…

Q: How do e- and m-commerce affect the way payments are made?

A: E-commerce & M-commerce -  It is a business transaction or buying or selling of goods via online…

Q: Discuss the impact of multinational firms on the world economy

A: Multinationals' inward investment help to create jobs and raise expectations about what is possible.…

Q: What is the buyer for export?

A: International business refers to doing business transactions overseas. The trend of international…

Q: State the different sales promotion methods.

A: Sales promotion technique is very widely used traditional technique of promotion by business where…

Q: What kinds of changes can we expect to see in our society as a result of the ever-increasing usage…

A: The majority of individuals have positive feelings towards cell phones. The great majority of people…

Q: Write a conclusion about the promotion plan of Pentoprazole?  Please answer at your own easy words

A: Planning is the step by step by chance taken by the team to achieve certain goal. Having an…

Q: What is consumer misbehavior? Describe the variousforms of consumer misbehavior.

A: Customers' activities that breach generally accepted norms of conduct within the civilized society…

Q: Facebook fulfilled its social

A: The rights and duties of society's members, on the one hand, and the state and government, on the…

Q: Describe how the characteristics of services influence the development of marketing mixes…

A: Marketing helps the company to build customers and the brand value. It is a vast topic including…

Q: How do roles affect a person’s buying behavior? Provide examples.

A: The position of a customer in the societal framework influences his buying pattern. His buying…

Q: Imagine yourself to be a professional researcher. You are working on the problem that has been…

A: In market research, scaling technique is defined as a method of placing research participants…

Q: How does a consumer’s level of involvement affect hisor her choice of decision-making process?

A: Customer is a person who will take part in the exchange with the company. He will receive that…

Q: Why is product development a cross-functionalactivity—involving finance, engineering,…

A: New product development: It illustrates the procedure of formulating and delivering a new product to…

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.