For Furrher Research (Groups) Identify a large company, like Disney, that has several SBUs. Using the BCG model, assign at least one SBU to each category in the model: star, cash cow, question mark, and dog. Include at least two pieces of data for each to justify your categorization. Prepare a short presentation to share with your class.
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For Furrher Research (Groups) Identify a large company, like Disney, that has several SBUs. Using the BCG
model, assign at least one SBU to each category in the
model: star, cash cow, question mark, and dog. Include
at least two pieces of data for each to justify your categorization. Prepare a short presentation to share with
your class.
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- What are the two primary types of surveys a companymight use to forecast sales? Why would a company usean outside expert forecasting survey?We have decided to open our own business called ABC Headphones. Customers to target: Demographic: Age – mainly young people, people between the age groups 12 – 50 years. Income – Middle class and upper class Gender – Both male and female Geographic: Urban areas Behavioural and Psychographic: Technology-savvy, professionals, student and who live an active lifestyle. 2) Consider the customers you chose to target, select 2 behavioral segmentation variables applicable to your product (ABC headphones).Explain your choice 3) Select a targeting strategy most suitable for your product idea. Explain your choice.So i apologize for not specifiying which of the four I want done on the question below. In my last response from whoever ansewrs these he made it pretty clear to do that and I didn't know. Im relativley new to this so wont happen again. For the quesiton below please ansewr 3 and 4. Thanks a lot. Question Country Financial, a financial services company, uses surveys of adults age 18 and older to determine if personal financial fitness is changing over time (USA Today, April 4, 2012). In February 2012, a sample of 1000 adults showed 410 indicating that their financial security was more than fair. In February 2010, a sample of 900 adults showed 315 indicating that their financial security was more than fair. State the hypotheses that can be used to test for a significant difference between the population proportions for the two years. What is the sample proportion indicating that their financial security was more than fair in 2012? In 2010? Conduct the hypothesis test and compute the…
- Please answer question 3.1 and 3.2 3.1. Identify the various objectives of marketing departments and provide an example for each. 3.2. Discuss the concept ‘Market segmentation’, including the types of segments.I am having problems with these parts.... Target ConsumerTarget consumer description of the demographics, behavior, education level, gender, income, location, housing preference, usage, ethnicity, language, etc. Target Market SegmentComprehensive description of the target market segment.What is big data, and what opportunities and challenges does it provide for marketers? Explain how internal databases differ from marketing intelligence. What are some advantages and disadvantages of both? What is behavioral targeting? Provide an example of behavioral targeting. How are firms responding to consumers and public advocates that it is a form of stalking consumers? Marketers make heavy use of both open-ended and closed-ended questions in questionnaires. What are some of the benefits or drawbacks of using each of these ways to ask questions? The marketing research process has several very distinct and important stages that need to be followed. In your opinion, which is the most important? Justify your view on this.
- 1. To deal with consumer heterogeneity in the marketplace, marketers engage in segmentation efforts (based on statistical procedures such as cluster analysis). List the main reason why scaling the data as a step in the segmentation effort is a good idea.3 What are the characteristics (e.g., age, income, edu- cation) of the target market customers for the follow- ing products or services? (a) National Geographic magazine, (b) Chobani Greek Yogurt, (c) New York Giants football team, and (d) Facebook.Lite beer is an example of which of the four major segmentation methods oconomic segmentation demographic segmentation behavioral segmentation QUESTION 32 Sales penetration refers to your market share a method for sales forecasting the ratio of actual to projected sales QUESTION 33 A product that focuses on the benefits the consumer gets from buying it is alan product generic extended refined QUESTION 36 Which of the following is true about putting a product on a single goods-services dimension with goods on one er it is more precise than other methods of classifying products it limits positioning options it helps segment the market
- explain what is Ernst Engel’s Law. Further explain what is the rati0nale behind market segmentation? justification is required for both with examples. 100-140 wordsAs a marketing research consultant hired by a company that manufactures sports drinks, the company is considering the use of social media advertising for its premium sports drink product "Gatorade 0" that has been on the market for the past four (4) years. Conduct research on the impact of social media advertising on the use of sports drinks by athletes. You have decided to use one qualitative and one quantitative method in your research. Prepare 4 research oand 4 research questions for this studyThe new Pick n Pay stores will be targeted towards a more wealthier population. Critcially describe the sampling process, and discuss which sampling methods would be best suited for your research.