What is the relationship between an organization's customers and its business level strategy?

Q: How Competitive Strategy and Competitive Forces are related with MIS?

A: Management information system refers to the use of computer systems in order to conduct day to day…

Q: Discuss the specific risks associated with using each of the business level strategies

A: The business-level strategy focuses on how to complete the task. Is there any customer intimacy,…

Q: Answer the questions seperately. Provide only the answer to the question.    1. What are the…

A: Marketing is an activity which the firm takes up to make customers. For this marketing strategies…

Q: comment on essential nature of marketing planning and strategy formulation. illustrate your answer…

A: Every company needs to frame the essential marketing tactics and strategies through which they can…

Q: Explain the success ingredients: knowledge and the skills to implement marketing management…

A: Marketing is a very broad concept, and selling cannot be done without marketing. Sellings help to…

Q: Why is it important to screen the basic needs of the prospective market before considering doing…

A: Basic needs of a market consist of the consumer's desire for a specific benefit of a service or of a…

Q: What type of strategy is growing the business from existing customers?

A: Market penetration is the type of strategy that grows the business from existing customers. It is a…

Q: Explain the four components of the implementation phase of the strategic marketing process?

A: Any business's marketing process can be critical in deciding its image positioning and consumer…

Q: When a business is doing well financially, why is it necessary to consider the viewpoint of the…

A: A business is any activity which involves buying and selling of the goods and services for the…

Q: the business level strategy, explain why it is important to consider the following dimensions:…

A: Any businesses to flourish requires a lot of information on various dimensions in order whether that…

Q: What are the main advantages of a market-oriented approach Why might a market-oriented approach be…

A: In market-oriented approach the organization’s core motive is to work for the satisfaction and needs…

Q: In a situation where demand exceeds supply , which marketing orientation would you expect most firms…

A: Business managers have to face many decisions day to day. They have to plan many strategies and…

Q: Explain the fundamentals of competitive marketing strategies based on creating value for customers?

A: In order to be goal-oriented marketing companies should offer the customers with great services.…

Q: "Marketers are skilled at stimulating demand for their products”, elaborate this statement by giving…

A: One of the biggest and most important functions of a marketer is the process of demand creation or…

Q: How can customer service act as a competitive weapon?

A: Customer service: Customer service done right has the power to increase brand loyalty, customer…

Q: Regression analysis

A: Regression analysis is a technique that uses a determined set of series of mathematical equations in…

Q: how does a company maintain competitive advantage?

A: The important aspect of business that helps a company to outperform and gain an advantage over…

Q: Discuss the importance of matching supply and demand?

A: The importance of matching supply and demand are:

Q: How would internal marketing be of help? Show specific examples

A: Internal marketing is the promotion of a company’s objectives, products and services to employees…

Q: “Marketing perspective lie at the heart of strategic decision making, whether at the corporate,…

A: Marketing is an integral part of the business and this is the unit that helps in generating the…

Q: Describe how businesses must attempt to identify those customers’ needs that are not being met by…

A: A commodity or a good that can be sold by one party and purchased by another party is known as a…

Q: Explain what are the two primary factors that are difficult to estimate the initial market size ?

A: Any business's ability to estimate market size is crucial. It is carried out to determine the…

Q: Is it a good strategy to focus most marketing efforts on the most profitable customers?

A: It isn't generally a decent procedure to concentrate the vast majority of the promoting endeavors on…

Q: edge within their particular business

A: Porter's Five Forces is a model that distinguishes and dissects five serious forces that shape each…

Q: what is market target strategy?

A: The market target strategy (sometimes called targeting marketing) decision is a choice of the people…

Q: What is the importance of selecting the best product to meet market needs?

A: A product is something which is offered in the market to the customers for a certain price in…

Q: If you were proactive, what are some ways by which you can increase the market’s demand for your…

A: Most of the people buy only those products, which satisfies their needs. People want better quality…

Q: What is required in a good marketing strategy statement?

A: Marketing strategy statement is create to meet the business requirements and achieve objectives of…

Q: sustain our unique value and position to customers?

A: The prospects for developing associate degree unique value proposition, or positioning statement to…

Q: Choose an industry you are familiar with (such as cell phone service or hospitality industry) and…

A: Marketing professionals employ the diagrammatic approach known as "perceptual mapping" to visually…

Q: how does the efficiency of the firm affect the concentration of the market?

A: Market concentration: Market concentration shows and displays the distribution of the specific…

Q: Why is it important to analyze past performance before assessing market opportunities and setting…

A: Market analysis is important for every business as it helps the organization in identifying the…

Q: How can a company’s marketing organization identify newly emerging competitors in time to plan and…

A: The analysis of trend and demand study can help the company to spot the rivals and enable it to…

Q: Who is market leader?

A: A market leader is the one who holds maximum share of the market in terms of total sales. To become…

Q: How do the firms identify the most valuable customers andunderstand their needs?

A: Customers can be referred to as those people who become the purchaser of the product offered by a…

Q: What is more important, sales or marketing?

A: Sale is an old concept, which got started after the Barter system ended during the traditional…

Q: Explain how a company can make use of the Ansoff Matrix to develop a competitive strategy

A: The Ansoff matrix is used to identify the growth opportunities in a business.

Q: Identifying the company competitive edge on different levels and its market offering?

A: Marketing is the fulfillment of the needs of consumers through the right product and right price,…