Which of these best explains how farmers might benefit from increased food marketing costs: 1. Food marketing can shift the farm-level demand curve rightward 2. Farm families would buy less food 3. Rising marketing costs would lower food marketing profits 4. Spending more for marketing would reduce the numbers of farmers 5. With higher costs, consumers would feel sorry for farmers and buy more food
Q: Explain the basics of marketing planning and the marketing mix tools used in the marketing process.
A: The four elements of the marketing process are strategic marketing analysis, marketing mix planning,…
Q: If you provide data entry and graphic design service at freelancer. Think and explain what is your…
A: The price at which a businessman sells one unit of a product is called revenue. The revenue to be…
Q: Examine the different phases in the typical business cycle.
A: Marketing planning is part of supporting plan for business objectives. It means the major aim for…
Q: How is a domestic corporation different from a foreign corporation and an alien corporation?
A: Corporations kind of business entities dominates the business operations of generally all developed…
Q: Discuss direct marketing channels and indirect marketing channels. Provide examples of each type of…
A: Distribution means dissemination of goods and services produced by the business. It is essential for…
Q: Honest Tea, the Coca-Cola brand that produced $130 million in global revenues last year, got its…
A: It is proved from the rising issue in such fields as marketing's impact on the environment.…
Q: Appraise Unilever on how they handled the controversial Tresemme advert, and the impact the advert…
A: In South Africa, the TRESemmé's commercial invited black women to purchase a product that assured to…
Q: The use of technology in education and training: how would you describe it?
A: Technology changes education, changes how students learn, when and where, and empowers them at all…
Q: What is a market nicher? Discuss the strategies and risks associated with this competitive position.
A: Market is the platform for exchanging ownership purpose of goods and services. There are various…
Q: In the 1930s, the De Beers marketing campaign suggested that men should spend a single month's…
A: The correct answer is 1. Create value perceptions
Q: write the following for DHL express and please give me reference of the source o Industry Analysis…
A: The specific supplying trade, additionally illustrious as the messenger trade in Sri Lanka, has an…
Q: Explain how to reduce the national debt and still stimulate business growth?
A: Short term debt financing can be elucidated as those foundations of debt that have a maturity period…
Q: Restriction on advertising assumes a general increase in prices. True False How does government…
A: Advertising quantity restrictions increase consumer surplus while decreasing producer surplus.…
Q: True Groceries (TG), a successful grocery chain wants to open a store in your community that is…
A: There is a specific area under discussion in the above question. True Groceries (TG) is a successful…
Q: Explain the basics of marketing planning and the marketing mix tools used in the marketing process.
A: Marketing is the process of attracting customers towards a particular product or service and…
Q: Plot out the customer lifetime vaule for a Tesla -Take a average customer and show how they will…
A: Tesla's brand recognition and perceived privileged position drive demand for these vehicles. The…
Q: How multichannel shoppers experience a firm more frequently and differently?
A: Multichannel shoppers are the customers who do shopping from a different mode of channels available…
Q: can you say that you are successful? list some of the signs that you are already successful
A: Every passing minute we are going closer to our graves. We should always be aware of that and should…
Q: Which of the following represents value communication for High Involvement, Psychological benefits?…
A: Buying behavior of the customers is complex and hard to predict. Some products are purchased so…
Q: Explain why marketing is important to our global economy.
A: Global Economy- Global economy is also called the world economy. It is the economy of all humans of…
Q: What is the triple bottom line for samsung?? Kindly answer in detail
A: Samsung Company- Samsung is a South Korean multinational manufacturing company, that has its…
Q: liquid fuel in South Africa for many years. Intervention on has been intimately bound up with the…
A: While there is absolutely no contending that over the long price control can prompt major financial…
Q: Name and describe the four sales compensation elements. What are the various compensation…
A: Compensation Strategy- A compensation strategy is the company's approach to compensating workers in…
Q: What is the difference between a skimming price strategy anda penetration pricing strategy? Under…
A: The strategy of pricing is concerned with determining an optimal worth for produced goods or…
Q: Identify the three major forms of international marketing organization.
A: International marketing implies initiatives associated with marketing strategies that is being…
Q: In the 1930s, the De Beers marketing campaign suggested that men should spend a single month's…
A: In this marketing campaign, De Beers was trying to create a value perception for their diamonds. The…
Q: You have been hired by a resort/hotel and they want to create some targeted advertisements to a…
A: If a business is trying to cater to all the customers then they will be not greatly satisfied with…
Q: salon, hired a pro social media strat
A: Social media marketing refers to the promotion and advertisements of goods and services by the…
Q: Define omni-channel retailing. How are retailers responding to the omni-channel consumer?
A: Retailing is a type of small scale business which may get converted into large scale departmental…
Q: What is a profit center?
A: Profit centers are critical in determining which units within an organization are the most and least…
Q: Which two areas of business generally attract the smallest businesses? Why are these areas…
A: The companies have altered and improved their products and marketing tactics according to the…
Q: Define the process of Green marketing.
A: Marketing ensures practice that requires product promotion through using different innovative…
Q: You have been hired by a resort/hotel and they want to create some targeted advertisements to a…
A: The behavioural and geographic segmentation basically puts importance and focus on their own…
Q: Can you Identify and write down the media in other countries that could be used to support a…
A: Social media are online services that allow you to promote your company with different countries of…
Q: What is listening and why is it important for students and professionals?
A: Active listening inspires kids to think more attentively, which can help them feel less nervous and…
Q: What is integrated marketing communications (IMC), and how does a company go about implementing it?
A: Integrated marketing communication is basic for business-to-business promotion and direct client…
Q: Explain how companies use pr to communicate with their publics.
A: Public relation is an essential component of the marketing mix. In the age of globalisation, most…
Q: Briefly explore the marketing environment.
A: Marketing is the practice which is defined with term of information creation and product awareness…
Q: How important are information systems in the business environment, and what role do they play?
A: Even a small scale company wouldn’t work properly without any information systems as it has become…
Q: One goal of marketing is to create strong relationships between a company and its customers. Discuss…
A: Ans. Introduction Customer loyalty is the main thrust for client maintenance. Consequently, all…
Q: Explain the decisions marketing managers make when developing an advertising program.
A: Advertising can be a low-cost way to spread messages, whether building brand preference or educating…
Q: Discuss the role of a company’s salespeople in creating value for customers and building customer…
A: Value refers to the trio of price, service and quality that a customer expects from the product that…
Q: Read and answer the questions. Your answer should be short, straight to the point and relevant. Each…
A: Recycling Recycling is currently popular in nearly altogether of a civilized nation. various people…
Q: .Construct a A/B test that Tesla can use to improve the company
A: Ans. Introduction A/B testing, otherwise called split testing, is a marketing test wherein you split…
Q: business theory for samsung sustainability?? Kindly tell in detail
A: Every company will sustain for long in the market if it has a community of loyal followers around…
Q: Determine the benefits and the potential disadvantages of using internet.
A: Internet - It is a network or electronic communication technology that provides information and…
Q: Explain the difference between 4Ps vs 4Cs and show how it applied in IMC(integrated marketing…
A: Ans. Introduction The 4Ps of marketing are otherwise called the item, value, spot, and advancement.…
Q: What are the advantages and disadvantages of the GM alliance in Shanghai?
A: Shanghai General Motors Corporation Limited (abbreviated as SAIC-GM; originally "Shanghai General…
Q: What is the difference between a limited partner and a general partner?
A: Partnership is created under the law using contracts. Every company is created by group of people…
Q: What is sales promotion? Discuss its growth as a short-term consumer promotion tool.
A: Marketing serves the purpose of selling through creating product awareness in the market. It implies…
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
- Despite thirty straight years of increased revenues and profits, Walgreens found itself facing intense competition from Costco, Wal-Mart, and CVS. However, the biggest and newest threat to Walgreens’ business was mail-order prescription sales managed by pharmacy benefit managers (PBMs), who work closely with companies, insurers, and health maintenance organizations to reduce pharmaceutical costs, which have been increasing an average of 13% per year. With Costco’s rock bottom prices, Wal-Mart’s incredible volume-based purchasing power, and PBMs, according to a government study, able to sell brand-name drugs and generic drugs 27% and 53% cheaper than traditional drug stores, Walgreens is going to have to tightly control its expenses to continue to be competitive. In terms of efficiency, it costs Walgreens less to fill a prescription order (i.e., fulfillment costs) than any other retailer in the business. PBMs, however, can still fill a prescription for half as much as Walgreens. To…Despite thirty straight years of increased revenues and profits, Walgreens found itself facing intense competition from Costco, Wal-Mart, and CVS. However, the biggest and newest threat to Walgreens’ business was mail-order prescription sales managed by pharmacy benefit managers (PBMs), who work closely with companies, insurers, and health maintenance organizations to reduce pharmaceutical costs, which have been increasing an average of 13% per year. With Costco’s rock bottom prices, Wal-Mart’s incredible volume-based purchasing power, and PBMs, according to a government study, able to sell brand-name drugs and generic drugs 27% and 53% cheaper than traditional drug stores, Walgreens is going to have to tightly control its expenses to continue to be competitive.In terms of efficiency, it costs Walgreens less to fill a prescription order (i.e., fulfillment costs) than any other retailer in the business. PBMs, however, can still fill a prescription for half as much as Walgreens. To get…E1 What are the five foundations of economics? What are some other terms that we have discussed that are important for the study of the economics of climate change? Pick at least three (more if you would like) of those terms and describe why they are essential for the study of the economics of climate change.
- There are some 4.5 billion people in the base of the pyramid as customers, diverse suppliers and strategic distribution and retail partners. These people live primarily in Asia, Africa and South America. The BOP is defined as those people that earn less than $ 8 per day. They are value demanding consumers, resilient and creative entrepreneurs, producers, business partners and innovators. Because they are largely excluded from formal markets, there is a strong demand for innovative products, services and technologies that provide access to basic needs. *** Consultant 1 argues that businesspersons should turn their attention to the poorest of the 4 billion people in developing markets, the core of the base of the pyramid, who are slowly but steadily becoming part of the market economy. While per capita income is small, she believes the potential size of this market is huge and represents the next frontier of globalization. She notes that firms focused on developed markets may need to…TRUE OR FALSE 1. IF A CUSTOMER EXPECTS A GOODS PRICE TO BE HIGHER IN THE FUTURE THERE WILL BE A HIGHER DEMAND FOR THE GOOD NOW 2.A SURPLUD OCCURS IF FLOOR PRICE IS BELOW EQUILIBRIUM PRICE. 3. TWO GOODS ARE SUBSTITUTES IF AN INCREASE IN THE PRICE OF THE FIRST GOOD CAUSES AN INCREASE IN SUPPLY OF THE SECOND GOOD 4.A DECREASE IN INCOMEWOULD CAUSE A BUYER TO CONSUMER MORE INFERIOR GOODS 5. AN INCREASE IN THE LEVEL OF AVAILABLE TECHNOLOGY CAUSES A PRODUCTS SUPPLY TO DECREASE 6.A CHANGE IN THE CONSUMERS INCOME WOULD CAUSE A MOVEMENT IN THE DEMAND CURVE 7. IN REAL LIFE SITUATIONS SHIFTS IN DEMAND CURVE ARE PARALLEL TO EACH OTHER 8. THE PRICE FLOOR AND PRICE CEILING ARE BOTH IMPOSED BY THE GOVERNMENT 9. AN ANTICIPATED DECREASES IN THE PRICE OF A GOOD WILL CAUSE SUPPLIERS TO DECREASE CURRENT SUPPLY OF THE GOOD 10. THE LAW OF DEMAND STATES THAT THERE IS A NEGATIVE RELATIONSHIP BETWEEN DEMAND AND SUPPLY(24) Assume that the AD curve intersects the AS curve in the Neoclassical Region and that the government increases government spending. What happens to the level of GDP? Group of answer choices (A) It goes down. (B) It stays the same. (C) It goes up.
- Identify the correct option in each of the following statements below. Write down only the correct answer. 1) The (micro-environment / market environment) refers to the forces outside the business, such as consumers, competitors and suppliers. This environment can be influenced or partially controlled by management. 2) A (marketing mix/ marketing objective) can be defined as something the organisation wants to achieve over a set period of time.3) (Reseller / Consumer) markets refer to individuals and households who buy goods and services for personal consumption. 4) The interest rate in a country, which is an example of the (political / economic) environment, has a direct influence on consumer prices and spending. 5) (Strategic Marketing / Environmental scanning) is the careful gathering, processing, analysing and interpreting of an organisation’s internal and external environments to reveal tactical or strategic opportunities, threats, strengths and weaknesses and to determine how…Please I need it very urgentlyyy four short answer questions and (max 60 words) to the field right after each question 1-Why do poor countries often exhibit much stronger growth rates than rich countries? 2-Explain why,in a closed economy, S=I. 3-Explain the difference between the real and nominal exchange rate. 4-What is the GDP per capita and why is it useful in measuring differences in living standards between different countries?good day tutor! im here to cure my doubts i hv 1 question. please kindly help solve. Required: selected company: Pfizer Inc. 1. Prepare a PESTLE analysis for Pfizer Inc. (4 points for each component–political, economic, social, technological, legal, environment). Provide at least 6 relevant examples. It is suggested to take into consideration about the current situation happening nationally and globally. (such as Covid19/economic recession/all the downfall & downturns happened due to Covid19) Thats all. tutor, i hope for a clear, precise & easy-to-understand explantions. (non-plagiarized answers) thanks tutor! much appreciated~
- (1) A monopolistically competitive firm is earning positive economic profit. Which of the following must be true? A-The firm is not in long-run equilibrium. B-The firm is not producing where marginal revenue equals marginal cost. C-The firm is receiving a per-unit subsidy. D-The firm is operating with allocative efficiency. E-The firm's price is the level where marginal revenue equals marginal cost. (2)What is the key difference between monopolistic competition and an oligopoly market? A-In an oligopoly, the number of firms is so small they strategize their production interdependently. B-In monopolistic competition, the marginal revenue is beneath the demand curve because of market power. C-Oligopolies generally have a lower market concentration and a lower minimum efficient scale. D-Monopolistically competitive markets have more significant barriers to entry into and exit from the industry. E-Oligopolies see consistent economies of scale across their entire product demand.The case focuses on U.S. markets. How are European markets affected by holiday shopping?Read the following carefully and answer questions 1 The Product: Fruit growers face particular problems in marketing their produce. It is very difficult for them to distinguish their products from those of their competitors. These businesses, by their very nature, are product-oriented. They have to produce good products to have any chance of surviving in the market. Your task is to advise a fruit grower on how they could market their produce to ensure that the distinctive qualities, or unique selling points, are stressed. One example, which may be of help, is the South African fruit industry. By working together under the Cape label, they have managed to distinguish their produce from their competitors' produce. The use of a generic label for all produce has been used by other fruit producers such as Spanish oranges, Israeli avocados, and so on. You should try to think of a different approach for the fruit grower you are advising. Question 1 As a Marketing…