The key tool in the marketing strategy of every successful organization for reaching the targeted customer is _______.   a. market criteria   b. improving marketing premises   c. market segmentation   d. the 80/20 principle

Q: Q2 Considering the promotional mix, paid, non-personal promotion of ideas or market offerings by…

A: The marketing process depends on using creative and interactive strategies to enhance customers'…

Q: Type the correct answer in each box. Spell all words correctly. Which term describes a business that…

A: Internet access means connecting to the internet through personal computers or laptops, and mobile…

Q: 20-An information system is designed specifically to implement an organizational strategy meant to…

A: The strategy is the set of different activities that helps to achieve the organizational goal.

Q: Task 5 The product cycle You tell about the product life cycle for an entrepreneur in the process of…

A: the product life cycle is the entire life span of a product from the beginning of introduction till…

Q: What type of report along with the specific contents of the report should the Accounts department…

A: Reports refers to arrangement of data in systematic manager in order to drive at an outcome.

Q: Market segmentation entails a deliberate attempt to identify market(customer) with homogeneous needs…

A: The Four practical approaches UCP can employ to segment and identify their markets are as follows:…

Q: Related Course Objectives: 1. Assess the role of marketing research in the design and implementation…

A: A research design is a model or structure for conducting marketing research. It explains how to…

Q: 9 Electronic procurement is an example of a citizen to private organization pattern interaction.…

A: Electronic procurement or e-procurement can be broadly defined as the sale and purchase of supplies,…

Q: Why the salesperson must be skilled at listening and understanding responses of a prospect? a. To…

A: The salesperson must be skilled at listening and understanding responses of a prospect to access…

Q: A. Identify the Level of Measurement for each of the following variables Price of raw materials A…

A: 1. There is no successful inventory the executives process operation that doesn't initially dominate…

Q: The research design in a proposal depends primarily on a. The researcher’s preferences b. The…

A: A research proposal in business is in the form of a document that stipulates the research planning…

Q: Write a Feasibility/Recommendation Report. you and your colleagues want to buy new camera as your…

A: Camera and Photography is two coordinated new standard called as "Item - side interest". In the…

Q: In which of these situations will a marketing firm lose long-term relationships with its customers?…

A: Answer is option B over promising but under delivering their promises

Q: Wat is the purpose of the Situation Analysis section of a Marketing Plan? Select one: a. To provide…

A: The decision making process in any company should be done after it has completed the situational…

Q: What type of report along with the specific contents of the report should be requested from the…

A: Consists of people, procedures and systems to collect, analyze and distribute the information needed…

Q: 11. A firm has a product that is not easily replicable and has just received a best product award.…

A: Competitive strategy: The more competitive your sector is, the more difficult it is to keep up. If…

Q: Which statement is true? O a. A controlling area and a company code must have the same local…

A: Company code: Every company has the company code as it is registered under the companies act and…

Q: The process or set of processes that links the producers, customers, and end users to the marketer…

A: The process or set of process which links the producers, customers and the end users to the marketer…

Q: {Auditing} 5. From which of the following languages the term “Audire” is derived? a. American b.…

A: The term “Audire” is derived from the Latin language which means "to hear". So the correct answer to…

Q: If a pharma company has introduced a new high-tech product in the market which is used in during…

A: For the marketers the best marketing research technique seems to be the qualitative research method.…

Q: Which of the following is NOT an advantage of qualitative research over quantitative research?…

A: Qualitative Research - Qualitative research refers to data that is obtained by the researcher from…

Q: The tastes and habits of global consumers around the world are the same." Is the preceding statement…

A: The correct option is b). False Customer expertise is heavily influenced by a customer' number of…

Q: This is the function of marketing efforts in which certain marketing plans or strategies are…

A: In order for the overall objective of the marketing to be accomplished, it has to be planned well.

Q: Under what circumstances would the Mood's Median non-parametric test be applied in business…

A: mood's median non parametric test compare two independent sample . It helps in estimating weather…

Q: You have been hired by a resort/hotel and they want to create some targeted advertisements to a…

A: We need to create an advertisement for a resort that wants to focus on couples seeking away time…

Q: Assume, Mr. Anwar is appointed as an auditor in Al-Noor Company. He intends to understand the mind…

A: An audit is when an auditor examines or inspects various books of accounts, followed by a physical…

Q: This merchandise planning tool is a guide for a period not yet begun. It looks to the future and…

A: In a business organization, there are various products and services that are manufactured, and such…

Q: for effective and appropriate brand positioning, marketers are required to do three (3) basic things…

A: Brand positioning is important in the market to do it 3 main things need to be done as below Target…

Q: What criteria would you use for new chocolate products in the trial stage to attract customers? a.…

A: Offering free trials for a limited period or of a limited quantity is a good marketing strategy to…

Q: Books, journals and electronic resources are: تعتبر الكتب, المجلات والمصادر الالكترونية   a.…

A: Research is defined as the creative and systematic activity undertaken to enhance the reservoir of…

Q: MCQ445: Which of these is true ? a. Generic products and customized products are types of software…

A: Software - It is a collection of different programs that normally consists of configuration files,…

Q: 7)  Which of the following statements about environmental scanning is true? A) Environmental…

A: Correct option is option D) All of the above statement about environmental scanning is…

Q: Q1. Public Relations efforts thrives on Plan and Strategy. You are the Strategic Communication…

A: Public relations are those activities conducted by the organization to promote and protect thier…

Q: Problems of being understocked are     a. turning away customers who may become dissatisfied…

A: In the case of understocking happens, essentially you will be not able to satisfy a client's…

Q: Write product user acceptance criteria, project-management related deliverables and product-related…

A: Product user acceptance criteria are the conditions that the product must meet the requirement of…

Q: Outline underlying reasons for poor quality that may have impacted Airbnb. Q2. Examine to what…

A: Airbnb: It is an American company that handles market of lodging,vacation rentals and tourism .…

Q: support your stakeholder's groups recommendations to the Ontario Government. Have to represenf the…

A: GOVERNANCE refers to the process of governing the society, organization, individuals, state, etc.…

Q: The main store control organization works best when ________.   A. there are few branches and the…

A: Retail stores are the place where the customers go to shop inorder to fulfill their needs and wants.…

Q: Which of these is not included in the process of the marketing planning? a. Analysis of the…

A: The correct option is option d. copy the activities of the competitors.

Q: All of the following are the project management causes of failed projects, except a. lack of…

A: All of the following are the project management causes of failed projects, except Option (c)…

Q: Based on the product life cycle, what are some considerations an established online fashion brand…

A: Some of the considerations an established online fashion brand must and could take into account,as…

Q: Mr. James plans to market and sell his handcrafted sports watch to young athletes aged 25 to 30.…

A: * Option Selection - Option A , Target market .   * Explanation - Clearly the organization is…

Q: In the hierarchy of needs there are five levels which answer below has it in the correct order. a.…

A: Maslow's hierarchy of needs can be defined as a theory of psychological motivation that consists of…

Q: Based on the Service System Design Matrix, a higher degree of customer contact during the service:…

A: A service system design matrix is described as a relationship between production efficiency.…

Q: The BCG matrix consists of four quadrants that enable the strategic decision-makers to plot the…

A: Since you have asked multiple questions, we will answer the first question for you. If you want a…

Q: Ansoff's matrix is useful for what a. Integrating a business's marketing strategy with general…

A: Ansoff Matrix is one of the most commonly used strategic tools which was developed in the year 1957…

Q: According to the production concept, a company should focus more on

A: Option D) According to the production concept, a company should focus more on Producing products in…

Q: When the customer is objecting on the price of the product, the best way to counter attack such…

A: Customer is everything. If they do not get what they want. they might leave unsatisfied and no…

Market Research Methodology

Market research refers to employing strategies, collecting data, and studying the target audience of a product by an organization. Businesses analyze customer data to figure out consumer trends, improve product design, improve user experience, develop customer-centric marketing campaigns, generate high-quality leads, and boost conversion rates. Phone surveys, test marketing strategies, and focus groups can be used for marketing research.