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Q: 3-6. In pure competition there are a(n) ______________ number of sellers.

A: Market competition implies the practice where businesses act as rivals to capture large share of mar...

Q: How are marketing and product synergies different in a market-productgrid?

A: Market-product grid: It is a structure to connect segments of prospective consumers to goods or serv...

Q: Explain why a relational database is seen as a platform of structured data.

A: Relational database by the name itself searches suggest about the relations formed by data. The abov...

Q: What is “purpose-driven marketing” from a prod-uct and brand management perspective at Procter &...

A: Purpose-driven brands attract and cater to ethical and conscious customers. As a result, these custo...

Q: Channel conflict between manufacturers and retailers is likely to arise when manufacturers use _____...

A: Websites, retail stores, mail order catalogues, direct mail, email, mobile, and other indirect and d...

Q: A cross-channel consumer is . __________

A: A consumer is a person who purchases a good or a service for personal use based on personal tastes, ...

Q: Explain why MNC fits low cost strategy. Please give an example of the MNC.

A: MNC stands for multinational companies. There are various strategies that MNC's implement for the su...

Q: Describe four uniqueelements of services.

A: A service can't be claimed, nor would it be able to be put away similarly that an item would be able...

Q: 1. How did you arrive in your decision to buy that particular product? 2. Do you think you have sele...

A: The consumer goes through various phases before buying the product and evaluation and assessment is ...

Q: What are the five categories of product adopters in the diffusion ofinnovations?

A: Adopter Categories- Adopter categories separate customers into segments on their willingness to try ...

Q: Explain the concept of household types and theirinfluence on consumption.

A: Different consumer will show different purchasing priorities according to the stages of their life. ...

Q: Advertisement sales and marketing concept Identify and explain a moral or ethical issue explicitly ...

A: Advertising ethics and morals refer to how corporations or brands conduct themselves and interact wi...

Q: Describe why consumers shop and buy online and how marketers influence online purchasing behavior

A: Buying and selling is the process involved in marketing exchange function. Here, customers are allow...

Q: 3 Draw a simple organization chart for your organization.

A: The most continuous use of an organization graph is to show the construction of a business, governme...

Q: What do you think are the main reasons that people buy auto insurancer

A: Auto insurance is crucial since it offers funding protection against the chance that you incur a car...

Q: Describe three approaches to developing a company’s sales forecast.

A: Sales and production are the most critical activities for any company. Production helps the company ...

Q: Compute for the Customer Lifetime Value (CLV) of the following situations. 1. For every visit of Mrs...

A: 1. In the given question statement, The total value of a customer to a firm throughout their relatio...

Q: What Is Marketing Research?

A: Firms use different kind of marketing strategies such as advertisement, social media etc, to influen...

Q: What are the six reasons consumers prefer to shop and buy online?

A: While making an online purchase, these online shoppers tend to develop some characteristics. These c...

Q: Playstation 1 was the first try on the home videogame console of what company?

A: The playstation was generally called as PS1 and one of the most well known and famous video games in...

Q: What is meant by a marketing channel?

A: Marketing function focus to help both business and customers through creating awareness about the pr...

Q: For years, Ferrari has been known as the manufac-turer of expensive luxury automobiles. The company ...

A: Branding is the process where a business gives a distinctive identify to its product or brand. It is...

Q: Two measures of the impact of retailing in the global economy are_______________ and _______________...

A: The retailer is one of the intermediaries of the distribution channel of a company. The retailer get...

Q: Understand the family decision process

A: The individual in market goes through five stages while making decisions of purchasing a product. Th...

Q: Most Apple software and hardware pröducts support incidents within the first 90 days of product owne...

A: The correct answer is option 4) Augmented level

Q: What products would you sell in today's situation

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

Q: 3-2. Why are many companies developing multicultural marketing programs?

A: Multicultural marketing is crucial because it acknowledges and welcomes diversity in your audience. ...

Q: Suppose your dean of admissions is considering surveying high school seniors about their percep-tion...

A: Marketing Research is a fundamental part of corporate strategy and a key aspect in retaining competi...

Q: What is the new-product strategy development stage in the new-productdevelopment process?

A: The process of taking a product or service from concept to market is known as new product developmen...

Q: How does marketing shape consumers needs and wants?

A: Marketing is about fulfilling consumer needs and wants in a most efficient way, so that it is benefi...

Q: When selling a property with owner financing why should you only finance the portion of the purchase...

A: Owner Financing - Owner financing, also known as seller financing, enables buyers to purchase a new ...

Q: What dimensions of the consumer-based brand equity pyramid have the Secret brand team focused on wit...

A: Brand image/Equity can be referred to as the image which customers actually perceive for the brand. ...

Q: World trade benefits from free and fair trade among nations. Nevertheless, governments of many count...

A: World trade comprises of exports and imports of goods and services. It is a fair practice, that ther...

Q: a segment profile of market segment of a) baby boomers b) Generation X c) Millennials D) Gen Z for t...

A: When we talk about market segments it divides the sections of customer's broadly and make the advert...

Q: Explain what makes an effective marketing plan.

A: In marketing plan, company uses various marketing strategies to do the marketing of it's products to...

Q: 2-2. What are examples of a functional level in an organization?

A: A functional strategy is associated with the organization's several functional areas. Operations and...

Q: Independent Activity 6: True or False Write TRUE if the statement is correct; write FALSE if it is i...

A: 1) Food, clothing, and a place to stay. These are referred to as basic wants or needs. There are a f...

Q: 1. Given a historical context of marketing, assess the present role of marketing in the Financial Se...

A: A marketing strategy is a company's targeting the right out to targeted buyers and converting them i...

Q: What is the difference between product positioning and productrepositioning?

A: The elements of marketing helps to make planning regrading allocation of resources and funds in the ...

Q: Why will logistics and supply chain managementplay an important role in the future success ofAmazon....

A: Amazon aims to get a global reach and be an international leader as it says Earth's most customer-ce...

Q: Interview a middle school student and determineand describe the household decision processinvolved i...

A: Customer is a person who willingly takes part into the exchange with the company by paying using mon...

Q: For Avon beauty company Define the area of alignment, as well as the magnitude and pace of change of...

A: About Avon Company - Avon is a firm that brings people together through beauty, sharing enthusiasm, ...

Q: you have political forces for your business which is terrorism and government policies. how you will...

A: Political Policies - In politics, economics, and business, a policy is a set of ideas or techniques ...

Q: What are prosumers? How does the culture of customization and concept of personal choice change the ...

A: There has been rapid changes in the taste and preferences of the consumer because their access to kn...

Q: Discipline-specific knowledge and capabilities meaning?

A: The discipline - specific knowledge and capabilities are a part of discipline of the particular stud...

Q: 5-3. What one department is almost always represented by a person in the buying center?

A: The buying center is the most focused component of a purchasing department. The buying center is mad...

Q: Explain the major considerations for developing capacity alternatives.

A: The process of determining what sorts of manpower and equipment are required and when they are requi...

Q: why cost leadership strategy is so important in the companies

A: Cost Leadership Strategy is a business strategy implemented by companies who aim for competitive adv...

Q: is environmental scanning

A: A strategy is the set of choices which a company will make to achieve it's desired goals. The compan...

Q: Concept testing is an important step in the new-product process. Outline the concept tests for (a) a...

A: Concept testing is described as a research approach that entails asking clients questions about your...