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Q3. Explain two strategies that a firm can use to reduce competition from existing competitors.
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- Q5. Discuss the Internet marketing possibilities for the product/service in Amazon retail company? Q6. Discuss the use of social media in the marketing of the product/service in Amazon retail company?Q4(a). As an astute entrepreneur who believes in creativity and innovation, Mr. Francois is pondering about manufacturing something, but he has to think carefully about the product to be manufactured. Therefore, he needs to understand what the Value Chain is about as well as the types of strategies that he could utilize to gain a competitive advantage. What information would you provide to Mr. Francois and his family regarding the Value Chain as they think seriously about going into the manufacturing sector? Also, what are the possible strategies that could be utilized once the Manufacturing company becomes established? Identify the strategies by name, and provide a brief explanation for each type of strategy suggested. Provide justification for your advice with respect to each strategy.q9- Booktopia, a bookstore in Melbourne, has a new collection of 200 books to sell. The management staff need to make a decision about which price range to sell for. The prices need to be balanced between making a maximum profit, which might discourage sales, and making a minimum profit which will increase the number of books sold. The data is in the screenshot Use the 2 variable data table method to calculate the total profit for different percentages of books sold with different highest prices. Choose the correct results to fill in the table below. Note that you may need to adjust the Data Table in the screenshot on excel, including the percentages and prices.
- Q3(b). Noting the accomplishments of Mr. John Francois as a successful businessman, who is seeking to expand/grow the business, he may need to consider segmenting the products offered into strategic business units (SBUs). As the Consultant, you are required to advise Mr. Francois and his Management Team about the most appropriate model that could be used. How would you advise Mr. Francois and his Management Team so that they understand clearly how to use the most appropriate model for growing the business?Q1) solve the following mcqs a) At Khaleej Corporation, managers drew up a three-stage plan as they prepared for layoffs. First, they warned employees several months ahead that layoffs were inevitable. Soon thereafter, they held on-site presentations at all locations to explain to employees why the layoffs were needed and to provide as much information as they could about what employees should expect. Represents an example of?" Provide assistance to displaced workers Help survivors thrive Both A & B More Communication is significant b) "An army officer gives his directions on a certain task, his cadets are compelled to follow his instructions. This is an example of ___. " Expert Referent Reward Legitimate c) _____ is the person who serves as one of the key persons in managing change initiatives. Change agent CEO CFO CIOQ1) solve the following mcqs a) At Khaleej Corporation, managers drew up a three-stage plan as they prepared for layoffs. First, they warned employees several months ahead that layoffs were inevitable. Soon thereafter, they held on-site presentations at all locations to explain to employees why the layoffs were needed and to provide as much information as they could about what employees should expect. Represents an example of?" Provide assistance to displaced workers Help survivors thrive Both A & B More Communication is significant b) Rational decision-making approach ideally implies ______ decisions. Programmed Non-programmed Rational Non-rational
- Q4.1: Also explain the Rights, Duties, Obligations, Theory of Value, and the Conflicting Principles and Priorities? In professional practicesQ3. (Problem 14 of Chapter 1) You are thinking of opening a small copy shop. It costs $5000 to rent a copier for a year, and it costs $0.03 per copy to operate the copier. Other fixed costs of running the store will amount to $400 per month. You plan to charge an average of $0.10 per copy, and the store will be open 365 days per year. Each copier can make up to 100,000 copies per year. (USE WHAT-IF ANALYSIS) a.) For one to five copiers rented and daily demands of 500, 1000, 1500, and 2000 copies per day, find annual profit. That is, find annual profit for each of these combinations of copiers rented and daily demand. b.) If you rent three copiers, what daily demand for copies will allow you to break even? c.) Graph profit as a function of the number of copiers for a daily demand of 500 copies; for a daily demand of 2000 copies. Interpret your graphs.Please no written by hand solutions QUESTION 10 10. "Enter our competition and you could win your share of R500 online shopping voucher for yourself AND a R10 000 voucher towards a Women's empowerment NGO of your choice!" Mrs Jacobs entered the competition above at Mr Price and won a R500 voucher. With R500, she can either buy a handbag, a pair of shoes, a pair of jeans or jacket. She already has a jacket, and she does not want new shoes. She would like a pair of jeans but decides to buy a handbag. What is her opportunity cost? a)R500 voucher. b) Handbag C)Pair of shoes. d)Pair of jeans.
- Q4. The sales for a car model in Rocket Cars have shown stagnation in terms of volume. However the company still finds the product to be contributing well to the profitability. The brand is also witnessing strong competition from the other players as the segment has become very attractive due to the massive response the company got for the product. Evaluate the above scenario and suggest possible changes in the marketing strategy with respect to the four Ps’ (Product, Price, Place and Promotion).Q18 Describe the type of resources needed for different types of events.Q.7 How do supply chain management activities differ between services and manufacturing companies? In what ways are these activities alike? Q.8 Describe the four perspectives of the balanced scorecard. How is this model different from a set of world-class performance measures?