Describe the north american industry classification system?
Q: Many producers sell to consumers both directly and through middlemen. How can such a producer…
A: The basic or the most common supply chain includes suppliers of raw materials, manufacturers,…
Q: Name the three major groups of Wholesalers ?
A: A middleman that is a connection between a manufacturer and a retailer is known as a Wholesaler.…
Q: Explain what advantages you will have for your trading business once you have opted to purchase…
A: In the distributor, versus producer discussion, the distributor will be the most handsome…
Q: What issues should manufacturers consider when choosing retail partner
A: Manufacturers must look at the basic channel structure, where their target customers expect to find…
Q: What are the differences of 3 types of Business Marketing (Industrial, Agricultural and Cooperative…
A: Industrial Marketing refers to the system or process of B2B sales in which a business which process…
Q: Importance of marketing to you and to business.
A: Marketing is an art of serving to the consumers. According to American Marketing Association, the…
Q: Explain why a retailer may wish to engage in a private label branding strategy.
A: Private label mark brand is an organization that fabricates and sells its item themselves, with…
Q: How are you going to differentiate your offerings?
A: One of the objectives of all businesses is to get a competitive advantage in the industry they…
Q: Choose a particular industry; illustrate the concept of vertical and horizontal integration in an…
A: Integration of an industry is classified into two types: horizontal and vertical integration.…
Q: Give a brief summary of the sectors in the industry and describe how wine would pass through each…
A: Winemaking or vinification is the creation of wine, beginning with the choice of the fruit, its…
Q: How do firms develop strong strategic partnerships withtheir marketing channel partners?
A: Distribution is the function of transferring goods from the producers to the consumers so that goods…
Q: Can you please explain the topic of integrated marketing
A: Integrated marketing:It is the type of marketing, which would create an integrated experience for…
Q: GIve an example for manufacturer-sponsored retailer franchise system?
A: Franchise System- They are that kind of contractual marketing system in which a channel member who…
Q: Explain the seven major warehousing activities.
A: Warehouse Activities Warehouse Activities include putting items away, moving items inside or between…
Q: How do retailers identify target markets? Explain the majorstrategies by which retailers reach their…
A: A retailer is responsible for both the purchasing and the assembly of goods. A retailer's…
Q: Define the Product Market Boundary Structure of any industry of your choice. Explain Briefly.
A: There are different organizations and industries that are active these days. There are different…
Q: What is the principal distinction between a corporate vertical marketing system and an administered…
A: A marketing system is a procedural framework that helps marketers efficiently execute their…
Q: What is a trade salesperson?
A: Retailing: It illustrates the distribution procedure to sell products straight to the final…
Q: INDUSTRY TYPES AND DYNAMIC Steps in an industry analysis
A: The industry analysis is the evaluation and assessment of the industry in which the particular…
Q: Describe the North American Industry Classification System and how it can be used to identify…
A: A business market can be denoted as the market in which both the sellers and purchasers are business…
Q: Identify the steps in the targetmarketing process.
A: A target market can refer to the group of customers within a business’s serviceable available market…
Q: Given a description of a companys marketing mix, classify the elements of the marketing mix and the…
A: Marketing is the primary activity for any company along with production because it directly brings…
Q: Understand the key objectives of any supply management function?
A: Supply chain management refers to managing the goods and services flow, while it also includes all…
Q: Describe it one of the most recent warehousing trends?
A: Warehouse management: It is receiving, arranging, managing and monitoring the activities of a…
Q: Explain the marketing goals and objectives of selected organization
A: Any business organization would require marketing strategies to increase their sales and hence…
Q: Can you please give a couple examples of integrated marketing
A: Integrated marketing:It is the type of marketing, which would create a integrated experience for the…
Q: The marketing mix of almost any business will be made up of the following main elements:
A: A correct option is option a) Product, Place, Price, Promotion.
Q: Why retail strategy should have effective brand image to build a sustainable competitive advantage?
A: Sustainable competitive advantages are business assets, characteristics, or capabilities that are…
Q: Describe the major differences among industrial firms, resellers, and government units in the United…
A: Organizational buyers: These are the buyers or purchasers who are making purchases not for their…
Q: Select a particular service enterprise and describe its Seven (7) P's of Service Marketing.
A: A particular service enterprise that we are choosing here is Netflix. 7Ps of marketing are Product,…
Q: Differentiate among sector, industry, market, segment, and sub-segment by using commercial sector…
A: Sector is regarded as a group of industries and markets in an economy in which having similar…
Q: Choose a retailer, and describe how it has developed a competitive strategic advantage.
A: A competitive advantage - is a characteristic that allows a business to outperform its opponents.…
Q: What are the 5 stages of the industry life cycle. Explain each stage, be specific.
A: Аn industry life сyсle deрiсts the vаriоus stаges where businesses орerаte, рrоgress,…
Q: strategy
A: The customer acquisition on the continuous basis is the major aim of the companies especially when…
Q: Discuss five stages of an industry life cycle
A: Industry life cycle have five stages , names are Startup stage Growth Stage Shakeout Stage Maturity…
Q: Explain the term external marketing of service marketing?
A: Service marketing is a recent evolution in marketing with some features that are different from…
Q: What Is Aligning Supply Management and Enterprise Objectives?
A: The supply chain management practices should be efficient and in alignment with the objectives of…
Q: GIve an example for manufacturer-sponsored wholesaler franchise system?
A: Example- Soft drink industry adopts this form of the franchise system.
Q: Marketing plan objective of apple company
A: Apple Company- It's an American multinational company that deals in technology. Its headquarter is…
Q: Explain why the industry life cycle concept is an important factor in determining a firm’s…
A: The success path of an organization in which it is operating is referred to as the industry life…
Q: Discuss the contention that differences in the performance of various firms within an industry limit…
A: Industry analysis is used to evaluate the position of a company with respect to its…
Describe the north american industry classification system?
Step by step
Solved in 2 steps
- Think of a company that offers either product or service in which you think contains the three approaches of contemporary marketing (Relationship Marketing, Industrial Marketing, and Social Marketing).Choose a retailer, and describe how it has developed a competitive strategic advantage.C)Discuss five stages of an industry life cycle