Identify the three types of salespersons.

Q: Explain how a company can apply market-skimming pricing or market-penetration pricing in a target ma...

A: Market skimming pricing is a product strategy in which the firm charges high price for the products ...

Q: what is the first step in the public relations campaign process

A: In simple terms, Public Relations means getting attention to polish your image. It is the process of...

Q: In what three ways are global segmentation, targeting, and positioning more complicated than domesti...

A: STP identifies the customer groups a company should cater to by dividing the market and then placing...

Q: least 300 words Mention at least 3 ways in which you can use social media to foster a “One Coltex” c...

A: Step 1 The following are the three ways by which social media can be used to promote the culture of ...

Q: Under what conditions would a business most likely decide to employ one of the differential pricing ...

A: Pricing strategy in marketing means to find out the value of a product at which the company wants to...

Q: Why is identifying and creating Differentiation such an important part of marketing?

A: The process of marketing involves a series of tasks to create product differentiation in order to ca...

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...

Q: 5) Which of the following is MOST true of product availability in a communist system? A) Consumers h...

A: The correct answer is C

Q: Professional Dental Supply has been successfully selling dental instruments to dentists for the past...

A: The foremost step to enter into a new domain in marketing will require an entry strategy into the ta...

Q: What is physical distribution? Which major functions does it include?

A: Physical distribution refers to kinds of activities that are related to supply and delivery of finis...

Q: Which of the following companies is most likely to use nonprice competition rather than price compet...

A: Price competition takes place when two companies who produce products of similar nature compete with...

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: Discuss how the UFC has been able to differentiate its brand from other MMA and boxing promotions

A: The following are the reasons how UFC was able to differentiate its brands from other MMA and boxing...

Q: What are the different dimensions of the competitive strategy? If the competitive strategy is to ‘im...

A: Competitive strategy is a plan of action by the firms to secure a competitive edge over its rivals b...

Q: If a company has $1 million to spend on a new strategy and is considering market development versus ...

A: Product development is the strategy which focuses on development of new products for an existing mar...

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: Explain why product extension and refinement are important.

A: Product extension is the strategy of introducing new items in the same product category under the sa...

Q: How can people with different personal values worktogether to make ethical decisions in organization...

A: The collaboration and cooperative work culture can help in achieving the moral dimension of decision...

Q: Discuss sales forecasting methods.

A: When an organization makes plans for marketing strategy, it needs to forecast the sale as a result o...

Q: Compare and contrast manufacturer brands, privatedistributor brands, and generic brands

A: A brand is a set of distinguishable elements which differentiates the same product offered by differ...

Q: . What is marketing? How did you define the term beforeyou read this chapter?

A: A Market is a place, physical or virtual, where economic agents interact with each other to carry ou...

Q: Describe the tools, such as databases, bigdata, marketing analytics, and decisionsupport systems, us...

A: When the concepts like marketing mix, reasoning, abstract thinking are deliberately fluctuated to se...

Q: Is a personal computer sold at a retail store a consumerproduct or a business product? Defend your a...

A: Business product is a product that is used for the purpose of any business. 

Q: How can companies satisfy increasing customerexpectations?

A: Customer expectations are a combination of behaviors or actions that a customer anticipates while bu...

Q: Identify the major characteristics of businesscustomers and transactions.

A: Most businesses sell a product or service to a customer to make money. Some businesses act as interm...

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

A: Effective dissemination of informational flow and instructions ought to be delivered in order to get...

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: Hilton Worldwide was founded in 1919, and the lodging giant is expanding by adding new brands and op...

A: “ As you have asked multiple questions at once, we will be solving the first question for you. If yo...

Q: Which of the following questions must be addressed when making marketing decisions?   a) What fea...

A: Marketing strategies should be taken into mind while making marketing decisions. The product quality...

Q: What is competitive advantage and what is the theory ofcomparative advantage.

A: Competitive Advantage is when a strategy is made that differs one organisation from another. It is l...

Q: When considering the strategic planning process,what factors influence the development of a marketin...

A: The tactical planning for a viable business move as per the business trend is referred to as the str...

Q: List the services performed by wholesalers. For whom is each service performed?

A: Wholesalers are people who buy goods from producers and sell them to retailers. They act as middleme...

Q: How do wealth and consumer credit affect consumerbuying power?

A: The buying power of a consumer refers to the amount a consumer is willing to spend to purchase an it...

Q: What are the main factors a marketer should considerwhen developing a package?

A: Packaging involves the covering of the product in good order in order to protect the products from a...

Q: 1. Proctor and Gamble, as a matrix organization, is characterized by the following feature: a. techn...

A: Procter & Gamble is a Fortune 500 US global corporation that manufactures a number of retail goo...