1. CHOOSE TWO (2) existing local company that you will represent as their salespeople. a. Yes TWO as you will both sell a PRODUCT and a SERVICE. 2. Answer the template from section 1 to section 4.
Q: _______ Who is responsible for developing a firm’s mission? a. Top managers b. First-level managers…
A: The first step in developing a successful strategic position should be part of the firm's initial…
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A: CRM applications are a synthesis of functional components, cutting-edge technologies, and…
Q: What is the purpose of market segmentation? What isthe relationship between market segmentation and…
A: Market segmentation is a marketing strategy that involves identifying specific groups of customers…
Q: What are the major components of a marketing plan?
A: A marketing plan is a document that outlines a company's advertising strategy for generating leads…
Q: What other professionals, such as a lawyer, an insurance agent, a banker, and a certified public…
A: A business is any activity that generates revenue by selling goods or services to customers.…
Q: A start-up company wanted to compete with big companies in terms of awareness in search engine…
A: A robust digital marketing strategy is the best as well as most efficient approach to grow your new…
Q: Is it a good strategy to focus most marketing efforts onthe most profitable customers?
A: Marketing strategy helps marketers to optimally use its resources to develop opportunities to gain…
Q: _______ Improving customer satisfaction and increasingemployee participation are two objectives of…
A: Marketing management is functional area of introducing product and its related information to…
Q: difference between data, information, and knowledge, and how do you differentiate between them
A: Data is facts or figures that have been obtained through experiments or surveys but in a very…
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A: Employees are the most important power of any company. Company should only higher the best employees…
Q: What are the differences between consumer products andB2B products? Describe a product that could be…
A: Products could be distinctive in nature due to tangibility and intangibility features. It means a…
Q: Consider using social media sites like Facebook and Twitter for your business. Whether or if their…
A: Many people on social media platforms post several contents that gives an idea about their lifestyle…
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A: Technology- The continuous development result from accumulated application and knowledge in every…
Q: Compare the first stages of the Wheel of Retailing and the Retail Lifecycle and futher evaluate…
A: The Wheel of Retailing concept in marketing explains that a retail business goes through four…
Q: Markets are classified as consumer markets or business-to-business markets.; True or False
A: Marketing activity brings in the concept of promoting goods and services in the market for customer…
Q: complete and through strategic planning of the following; i. external analysis ii. internal analysis…
A: To be a good CEO, you should have a good feel for the organisation and what drives its performance.…
Q: Q5) What is "business mean? What is the difference between business and selling? give an example!…
A: Business is the activity of manufacturing and selling of goods or services. Typically business is…
Q: What is job specification?
A: Job specifications can assist hiring managers in determining which characteristics and requirements…
Q: the ways in which various organisations employ information systems
A: Every business have lots of activities going on in it which requires lots of efficiencies and…
Q: What happens in the commercialization stage?
A: Commercialisation is a last stage for the new product development in this teach the product is…
Q: Describe the fourstrategies forextending a product’slifecycle and whycertain products may…
A: A product lifecycle extension strategy is a practice that is aimed at extending the lifecycle of a…
Q: Human being is the locus of meaning for technology to exist. Explain.
A: Humans are inherently tool users. We as humans are deficient beings who use technology to enhance…
Q: Describe in detail the ideal location for clothing
A: The geographic location of any retail business refers to a location where all the major activities…
Q: Identify the major considerations when organizing a business.
A: Starting a business is very risky due to various factors. Competition, market demand, reach of…
Q: What’s the significance of market segmentation in connection to price structure?
A: Market segmentation is a marketing term that refers to categorizing potential customers into groups…
Q: What ideas or examples for marketing on this social network come to your mind?
A: Marketing is the fulfillment of the needs of consumers through the right product and right price,…
Q: 1 True/False questions Determine if the statements are true or false. Justify your answer. 1.…
A: Due to the strict adherence to the Bartleby Guidelines, we will be proceeding to answer only the…
Q: Define product mix
A: Features of product: 1.Product have an exchange value and be capable of being traded between buyer…
Q: Texas university has decided to pursue growth through diversification. Your have to advise them on…
A: Diversification is a growth strategy that entails entering a new market or industry - one in which…
Q: If you were to decide on what type of marketing method to employ for your business, what would you…
A: Marketing is the fulfillment of the needs of consumers through the right product and right price,…
Q: Businesspeople need to understand international culture and corporate practices to successfully…
A: Risk mitigation involves taking steps to mitigate the threat to business continuity (BC) and the…
Q: Identify the major pricing objectives used by businesses.
A: Setting prices for your products or services is more complicated than a simple calculation. Prices…
Q: Can you think of other ways that corporate executives at Starbucks can gauge customer interest in…
A: Websites and programs that allow users to share content quickly, efficiently, and in real time are…
Q: More than 80 percent of McDonald's restaurants worldwide are owned and operated by franchisees. This…
A: A number of companies in order to expand into various markets have used the route of franchising as…
Q: _______ This manager is responsible for facilitating theexchange of products between an…
A: Managers are the heads of their respective departments. The managers form the base of an…
Q: Who are your potential subcontractors and suppliers?
A: A supplier is a person, business, or other entity who provides something that another person,…
Q: The project manager serves as an expert on the theory and application of statistical techniques.…
A: A project manager is a management head who carries out the work of planning and implementation of…
Q: Determine if the statements are true or false. Justify your answer. 1. Personalized pricing is the…
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…
Q: How does GrandVision compete in its market?
A: Competition in market enable firms to bring on their differentiation attributes to show unique…
Q: explain each of Highest added value activity, to increase switching cost, and to increase entry…
A: Switching costs are expenses incurred that are not borne by any of the transaction's participants.…
Q: Assume you are a marketing controller for an organization and have been tasked with developing a…
A: The role of marketing data and the techniques for being able to operate a marketing information…
Q: In what ways has internet technology aided in the advancement of a certain business function or…
A: Internet has aided a lot to businessman by providing different services like collection of…
Q: Describe brand extension and brandlicensing.
A: Marketing describes the activity of product development and creating awareness about it in the…
Q: CASE STUDY QUESTIONS QUESTION 1: 2.5 pts Why did the companies described in this case need to…
A: This case talks about the need of Big Data in today's digital world. It has been seen from a long…
Q: Why we communicate? Describe your answer with ONE (1) relevant examples.
A: The act of sending information from one place, person, or organisation to another is referred to as…
Q: Luis exert his effort in getting more sales to have more commission. He has to pay for the car…
A: Luis is working hard to increase the sales of the company which will fetch him more commission. By…
Q: 7 Distinguish between social media marketing, inbound and content marketing.
A: Marketing is a process in which firms try to sell products through various type of promotional…
Q: Nike has optimal
A: The basic purpose of any promotional activity is to make the customers aware of what product is…
Q: There are several ways to assess the effectiveness of an e-commerce site. Which one of these is NOT…
A: Following functions are available It can calculate the % of visitors making the purchase Measure…
Q: hat is a good hypothesis? Discuss the three (3) required parts of a hypothesis.
A: A hypothesis may be a elaborated as verifiable prediction concerning what the results of a project…
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- Requirement You are the Strategic Manager- Mark Operation (Marketing) investigation Trading Platforms 1. Request information from THREE other departments that could assist in your investigation. Please specify both the TYPE, and specific CONTENTS of the report you are requesting (Unit 3 types of output) The type of outputs are: Projection, Query respnses Special Reports decision analyses Summary and Exceptions report Detailed report, List Here is an Example of How your answered should be laid out a)Department- Research Science & Analytics (R&D) Type of output: Special Reports (Decision Analysis): As the Manager of Market Operations in the Marketing department, I would request a special report from the Research Science & Analytics department to provide a comprehensive analysis of the current cryptocurrency market trends. This report should be geared towards decision analysis, helping us make informed choices about our marketing strategies and user engagement…CIN 603 QUIZ ANSWER QUESTION 1 AND QUESTION 2 1. Electronic commerce is the buying and selling of item via a website, without the use of a payment engine? Select one: True False 2. Web 2.0 is ? a. generation of the web that incorporates machine learning b. generation of the web that incorporates AI c. a generation of the web that will enable people to collaborate, interact, and share information more dynamically d. generation of the web that allows business to make use of fuzzy logic and automation process to increase the level of productivity within the organization.1.1 Operate under the assumption that you have secureda meeting with your ideal prospect to deliver a formal sales presentation. Clearly outline the objective of this sales call by writing a SMART GOAL. 1.2 Research the market, list and explain 10 prospective B2B customers that would be the right fit for your product/service within the market you will serve. A. For each provider, the name of the business, the address, and phone number. B. Explain in detail why each was selected and identified through your prospecting exercise as the most viable prospects. C. Select your best prospect for your oral presentation and explain why they are your number choice to close the sale. 1.3 Describe the features, advantages, and benefits of your product/service. 1.4 How should you prepare for the negotiations portion of the sales call and build value to justify the asking price?
- Section 3: Sales Call Objective 3. Sales Call Objective (must require customer action): (continued) Section 4: Linking Buying Motives, Benefits, Support Information, and other Reinforcement Methods 4. Linking Buying Motives, Benefits, Support Information, and other Reinforcement Methods. (Repeat for each influencer who will be involved in the upcoming sales call.) A. Buying Motives: What is most important to the prospect(s) in making a purchase decision? Rational motives include economic issues such as quality, cost, service capabilities, and the strategic priorities of the prospect's company. Emotional Each benefit should motives include fear, status, and ego-related feelings. List all relevant buying motives in order of importance. B. Specific Benefits Matched C. Information D. Where appropriate, to be stressed are arranged support claims methods for reinforcing verbal content (Audio/ Visual, collateral material, illustrations, testimonials, etc.). to Buying Motives: Benefits needed…Plz provide answer with explanation quickly..You have been tasked by Corica Pastries, to setup a retail location anywhere inMalaysia, to introduce their world famous apple strudels to the Malaysian market.1. Merchandise managementa. Merchandise planning and management (40% content)i. Buying - merchandiseii. Planning – forecasting sales, merchandise assortments,inventory
- 1 Please answer in a ABCD Format Thank you!Requirement You are the Strategic Manager- Mark Operation (Marketing) investigation Trading Platforms 1. Request information from THREE other departments that could assist in your investigation. Please specify both the TYPE, and specific CONTENTS of the report you are requesting (Unit 3 types of output) The type of outputs are: Projection, Query respnses Special Reports decision analyses Summary and Exceptions report Detailed report, List Example of answer layout a)Department- Research Science & Analytics (R&D) Type of output: Special Reports (Decision Analysis): As the Manager of Market Operations in the Marketing department, I would request a special report from the Research Science & Analytics department to provide a comprehensive analysis of the current cryptocurrency market trends. This report should be geared towards decision analysis, helping us make informed choices about our marketing strategies and user engagement initiatives. Contents of the…Personal Selling CB a. what is the sales function in a maufacturing and distribution company? b. what is the role of personal selling in a manufacturing and distribution company? c. How often should sales forecast is completed and how well the plan is used in the day to day operations. What forecasting tools are used?
- While the ability to determine your own destiny is the prime reason for SERP keyword purchase, there are other advantages to using the system. These include all but: O brand building O buying top spot for ad listing O guaranteed return on investment O optimizing keywordsPrepare a executive summary and memo on marketing supreme sports.(250 words).3. Answer #1: subparts d and e only. Please answer within 1-2 hours. Don't give short answer.