Q: What is the difference between disposable income and discretionary income?
A: Disposable Income-After taxes, disposable income is the amount of money accessible to an individual…
Q: What is meant by the process of Marketing research?
A: Thousands of start-ups are launched each year, and each one of them believes that their idea will…
Q: In social marketing, ___ is not as common BUT it helps create visibility and memorability.
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: What is the name of the discounting method that is used to attract new customers?
A: The discount and allowance facility is particularly important in the selling and distributing of…
Q: Describe cultural diversity in human resources.
A: Cultural diversity denotes the people’s belongingness to diverse social groups, and religions,…
Q: Give three (3) promotional ways as marketing strategies
A: A company has many several alternatives to choose from when it is planning which promotional tools…
Q: estion (3) Jane is a 'textbook' speculator, in the sense that her position in the market is based on…
A: The question is about Jane being a textbook speculator. This person would have to do hard research…
Q: Define business buying behavior.
A: Buyer behavior refers to people's decisions and actions when purchasing products or services for…
Q: Define Human resources planning.
A: Tools used for human resource planning: 1.Surveys are a human resource instrument. Employee skill…
Q: What is the difference between brand insistence and brand preference?
A: A brand can be denoted as a name, symbol, design, word, or sentence that differentiates a product…
Q: How might adoption of the marketing concept benefit a firm? How might it benefit the firm’s…
A: A marketing idea helps in identification of client desires and needs or product and services,…
Q: What is meant by Brand equity?
A: Indeed, many businesses are frequently referred to by their brand, which means they are frequently…
Q: State the three major pricing methods that firms employ.
A: Pricing is a Marketing concept. It helps the company to generate profits for shareholders and for…
Q: Explain the types of Brands.
A: Branding is said to procedure of creating identity for the business or its product in order to sell…
Q: Why business buyers are better informed than consumers?
A: A buyer is a person or an entity who will take part in the exchange with the other company. He will…
Q: Why the process of business buying is different than consumer buying?
A: Business and consumers, both are important for the world. Production of goods and services takes…
Q: Which pricing is more profitable: premium pricing or captive pricing?
A: Captive pricing-One of the example of Captive pricing is razor blades for shaving razors. With this…
Q: Who was William Ouchi and state his achievements?
A: Profits are very important for any company. Every decision will have a cost. And here taking all the…
Q: What are the advantages of having price leaders?
A: Price leadership, in marketing, is a pricing method set forth by marketers to entice more customers.…
Q: Name the two general categories in which products can be grouped?
A: Product: A product is considered as a tangible good, but it can also be an intangible in terms of…
Q: Imagine you are the managing director of a full service restaurant. One day you receive a complaint…
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…
Q: 1. Pearls are versatile, suitable for all formal gatherings, day or night, which make them a "must"…
A: Due to strict adherence to the guidelines of Bartleby, while answering the question, we are allowed…
Q: What is Special-event pricing?
A: Special - event pricing used occasionally or seasonally.
Q: How individual branding is different from family branding?
A: A company's brand is regarded as one of its most valuable and vital assets. Indeed, many businesses…
Q: Explain the term Profit-sharing.
A: Corporation is a business ownership structure which ensures company attains distinctive identify…
Q: To whom the Malcolm Baldrige National Quality Award was given?
A: Quality is a vital factor in the service and product business. Without conforming to quality, any…
Q: It divides the market on the basis of knowledge, attitudes, and behaviors relative to the product…
A: Market segmentation is the process of dividing a consumer market into smaller markets, and more…
Q: Could you please provide a personal example of visiting the Service to the Public Sector (e.g., the…
A: Due to strict adherence to the guidelines of Bartleby, while answering the question, we are allowed…
Q: What steps have U.S. firms taken to regain a competitive edge in the global marketplace?
A: The measures adopted by American businesses to reclaim a competitive edge in the global marketplace…
Q: Explain the process of creating a marketing mix.
A: Marketing Mix explains the combination of the 4Ps of Marketing. The four P's are Product, Price,…
Q: Describe the classifications of consumer products.
A: Consumer goods, also known as final goods, are the finished products of production and manufacturing…
Q: What are the benefits of telecommuting?
A: Businesses now have to work with technology, and telecommunication is a new widespread technology.…
Q: Explain 360-degree performance feedback evaluation.
A: The 360-degree performance appraisal method takes a holistic view of an employee's performance.…
Q: Explain legal and regulatory forces.
A: Ans. Introduction Vital arranging is a fundamental part of business system. It includes…
Q: What is meant by the term commission?
A: A fee is paid by a principal to a third party who acts as its agent, mediator, or salesperson. A…
Q: How can a business firm improve the quality of its products or services?
A: A product is a tangible object that is placed on the market for acquisition, attention, or…
Q: How does the marketing environment affect a firm’s marketing strategy?
A: When developing and presenting a new product, everything your company must consider is the marketing…
Q: List and explain a variety of pricing objectives?
A: Pricing objectives refers to various type of goals that give suitable guidance to a firm, in order…
Q: Explain the process of labeling of products.
A: Labelling and packaging are concepts of marketing and branding. Attractive labeling and packaging…
Q: In a way that is both critical and analytical, discuss the benefits and drawbacks of receiving an…
A: Artificial intelligence (AI) is the capacity of a computer or a robot controlled by a computer to…
Q: What is Discretionary income?
A: After you've paid for your fundamental needs, you'll have discretionary cash, which you may spend…
Q: The insurance industry in South Africa is stable and mature with large and small companies competing…
A: We are a purpose-driven financial services firm based in South Africa that operates in a number of…
Q: Explain the process of job redesign.
A: Skills are the knowledge or expertise in a specific field that will be required to execute a given…
Q: What is meant by the allocator?
A: The operating employee is a resource allocator. An allocator or a resource allocator is a vital…
Q: In an interview, a brand manager at Procter and Gamble notes that ‘historically, we used to focus on…
A: Global market segmentation has been explained as the process of identifying specific…
Q: briefly discuss some advantages and disadvantages of a retail store having its own credit card as…
A: Low Fees Many retail credit cards have no annual fees and attractive initial bonuses. As a result,…
Q: State disadvantages of price skimming?
A: Pricing strategy is said to process and action is plan required to set effective price for the…
Q: What is Equal Employment Opportunity Commission?
A: Employers who have at least 15 employees are generally subject to EEOC laws, and the EEOC has the…
Q: Describe how market measurement is used.
A: Marketing performance measurement has to be a rational extension of the planning and budgeting.…
Q: Do you agree with the Container Store’s decision to allow employees access to all kinds of company…
A: Sharing and managing information with the employees is known as Knowledge Management. It is the…
Use a clear example to explain the product life cycle idea in detail
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