What is the difference between a full-servicemerchant wholesaler and a limited-service merchantwholesaler?

Q: Answer the number 3.

A: The mining industry supplies raw materials for the equipment we use every day. It entails the withdr...

Q: What is a line extension, and how does it differ from aproduct modification?

A: To deal with consumer behavior in the market, an organization uses various strategies and technology...

Q: Explain the relationship among profit, business risk, and the satisfaction of customers’ needs.

A: Profit - It is the net amount the company is left with from the revenue after deducting all the cost...

Q: Identify, describe, and give examples of the four majortypes of business markets

A: Business market is the selling of products or services to other business for resold or to make other...

Q: Describe four important elements of business blogging.

A: Business blogging is a technique that used by the business to promote and show its visibility online...

Q: Discuss the six step price setting procedure in marketing

A: Price setting is a vital component while launching a product in the market. Price is an important fa...

Q: Does a recession influence the purchasing habits and companies’ marketing and management strategies?...

A: Recession is basically the decline in the economic activities across the economy which lasts for a p...

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

A: Basic characterstic of service can have some challenge to the different elements of marketing mix. 

Q: How does the life time analysis differ from the basic customer profitability approach? Explain.

A: Consumer profitability is an important metric used to inform decision making in various areas of the...

Q: What does the term technology mean to you? Dothe benefits of technology outweigh its costs andpotent...

A: Expeditious introduction of modern technology and the conception of international organizations have...

Q: Price Analysis: market-driven pricing models 1. Describe the process of market-driven analysis and e...

A: Hello thank you for the question. As per guidelines, we would provide only one answer at a time. Ple...

Q: What is the major purpose of concept testing, and howis it accomplished?

A: Concept testing is a testing technique which is used to evaluate a new product idea or a new campaig...

Q: Describe how a company produces, delivers, and sells a product or service to create wealth

A: A marketing concept is started from the planning process till the product is sold in the market. An ...

Q: T F According to the expectancy theory, motivationdepends on how much we want something andhow likel...

A: When dealing with human resources in the market, an organization uses various market researchers and...

Q: Joseph and Krystal are part of your social group. They joined Missile’s Financial Services together ...

A: Krystal, the middle manager, had a meeting regarding the sales target achievement in the third quart...

Q: Define digital media, digital marketing, andelectronic marketing.

A: Internet has taken over the world and marketers are making full use of it.There are so many digital ...

Q: Why might penetration pricing potentially negatively impact brand image and product positioning in t...

A: Penetration pricing is a strategy in which the price is initially set low to attract customers. The ...

Q: A family has chosen to spend the afternoon at the movies.  Which of the following is likely to most ...

A: The purchase decision is made up several factors which could range from personal factors to the prom...

Q: eBay providing value to its customers

A: eBay is an amazing start for entrepreneurs who want to try out e-commerce. Its main source is its pr...

Q: Identify and give examples of the three major types of salespersons.

A: Salespersons are individuals who sell products and services to people directly or indirectly. They s...

Q: Research any US or European based international company (other than Apple), that is trying to flouri...

A: Walmart is a leading company that has a huge chain of stores in the European and American continent....

Q: How can social media be used to promote the local sport entity in a way that it can reach the needs ...

A: The following ways social media can be used to promote the local sports entity Facebook page Instag...

Q: Marketers often use customer rewards programs to encourage repeat purchasing or increased consumptio...

A: The study of consumer behavior is one of the most influential gadgets in branding, marketing, and ad...

Q: What is true about Facial Recognition Algorithms? (MC) A. Facial Recognition algorithms are biased a...

A: The facial recognition system is basically a technology that helps in matching an image of a human w...

Q: Compare and contrast the three major approaches tomodifying a product.

A: Product modification is basically the alterations made in the products to make it unique than its co...