Under communism, individual consumers determine what will be produced.True or False

Q: ._______ Materials, machinery, and workers are assembled in one place.

A: The factory system was first implemented in Britain in the late eighteenth century, at the start of…

Q: Why must marketers practice marketing control, and how is it done?

A: Marketing ensures that business strategic goals are collaborated with marketing objectives to attain…

Q: How does your standard of living affect the products or services you buy?

A: Segmentation is the marketing activity that focus on grouping of customers for effective targeting.…

Q: Describe the changing economic trends and their effect on retailing.

A: Retailing - It is a distribution process that involves all activities related to the sell-purchase…

Q: 1. Do you agree that the goals of marketing can be smplified down to just three words (that is, get,…

A: Marketing includes the following activities like Distribution, Financing, Market research, Pricing,…

Q: Is it necessary to lower price to obtain a sufficient relative advantage to ensure diffusion? Will…

A: Penetration price is a strategy used by businesses to attract customers to a new product or service…

Q: Define device inventory tracking.

A: What is Device Inventory You handle the device inventory from the Devices workspace in the Junos…

Q: Describe the marketing management orientation that guide marketing strategy?

A: Organizational actions have been guided and continue to be guided by five orientations or…

Q: Who are Netflix's and Redbox's suppliers? Are the in a position to appropriate much of the value in…

A: Leisure and killing time has taken center stage in the lifestyle of most of the young adults. People…

Q: Apfel manufactures smartphones in the United States and sells them nationwide. Apfel contracts with…

A: The above question refers to the condition of bundling of products to increase the sales bundling of…

Q: What are the issues concerning the impact of advertising on children’s values?

A: Ethics helps us to differentiate between what is wrong and what is right. It is very important to…

Q: Visit a large supermarket. Considering both cost and nutrition, identify the best and worst…

A: A company will create solution for customers as their value. That will also create value for…

Q: marketing manager of the chosen company, you are required to prepare a marketing plan for the…

A: A marketing plan helps the company to strategize its marketing activities. In this way the company…

Q: How would you explain marketing to a non business person

A: A non-business person is the one who has the least knowledge about business operations. He is not…

Q: Explain Why is it important to actually observe consumers and customers to develop new products?

A: When a company decides to design a new product and launch it in the market, the 1st step they take…

Q: What is involved in sales management?

A: Sales management is practiced in order to achieve the below given objectives: Promote New products…

Q: Name and describe the types of publics in a company’s marketing environment.

A: Marketing activity is performed by experts having good marketing knowledge as well as customers…

Q: What values does the segment hold that can be used in our communications? Which should be avoided?

A: One should always behave or do actions, keeping in mind, what is wrong and what is right. Following…

Q: Why do countries integrate?

A: countries integration entails bilateral agreements which usually involve the removal of import…

Q: How does working with financial institutions to recover debts and ensure that financial operations…

A: Financial institutions play a crucial role in the smooth running of the organization. It is not only…

Q: Explain in detail how marketing plays an important role in society

A: Business firms have to do market research; before launching a product into the market. Once product…

Q: Discuss how technology is affecting marketing.

A: The use of internet in business and marketing activities is increasing day by day. It is because of…

Q: Unlike free TV, cable TV is a paid subscription service that is typically prevalent among middle to…

A: Advertising is done to educate the market or to convey some marketing content to large number of…

Q: Genetically modifying seeds to produce herbicide-resistant plants that increase crop yields has…

A: The main objective behind labelling all products is to make the customer knowledgeable about the…

Q: Describe what is consumer behavior and why is it important for marketer's to understand consumer…

A: In essence, consumer behavior is the study of how people, communities, and organizations select,…

Q: Why referral is important?

A: Referral is one of the most important form of marketing for any business. If a person wants to solve…

Q: 4. How could you use the Internet in your marketing of this product to businesses? Again, think…

A: The term "business to business" is abbreviated as B2B. It's a business model in which the companies…

Q: Is postpurchase dissonance likely? Can we reduce it through our promotional campaign?

A: Post-Purchase Dissonance, sometimes known as "buyer's regret," is no longer a novel notion. It…

Q: Create a mission statement for a nonprofit organization you would be interested in starting. Have…

A: A mission statement is also called the main long-term objective of the company, which they want to…

Q: ACTIVITY: CREATE YOUR OWN. Directions: Think of a product that is essential to the customers in…

A: Think of product that is essential to the customers in times of pandemic. Make sure that it will be…

Q: Discuss some cultural trends in Ghana and Research one of them in depth and write a report on the…

A: Ghana's business climate is supported by a strong economic process and consistent corporate…

Q: Proposed and justify 4 strategies that Tropical Leisure can implement in the short-term to…

A: Ans. Introduction    Market share is the sales of the company out of total industry sales in a…

Q: are the 4 main basic components of the marketing mix

A: Marketing includes lots of topics like marketing mix, digital marketing, branding, pricing,…

Q: Will price be perceived as an indicator of status?

A: When it comes to customers' purchasing process, one of the most critical elements is price…

Q: What is a pragmatic implication, and how does it relate to information accuracy and deception?

A: There are separate government agencies that regulate this responsibilities of the business and there…

Q: What is Break-Even Point and why is it important in business?

A: A breakeven analysis may be a calculation that enables small business owners to work out what…

Q: Describe how the marketing concept differs from the other marketing management orientations.

A: The marketing management orientation is the strategy that a company implements to satisfy the…

Q: Pick up a 1 technological innovation that you are familiar with and list the various attributes of…

A: Companies are working really hard towards developing new technologies to solve customer problems and…

Q: How can interactive television improve customer service as a medium for e-commerce? Explain how the…

A: "Since you have asked multiple questions so we will solve the first question for you. If you want…

Q: The online store would like to find which customers are potential value contributors to their sales,…

A: "Since you have asked multipart questions so we will solve the first three questions for you. If you…

Q: In your own words, what is marketing? Write down your definition. Does your definition include such…

A: Marketing  is an activity that aims to provide value to the customer by being profitable.It is not a…

Q: Discuss in detail what is the critically assess the impact of personal factors on the consumer…

A: The consumer decision process is a term that refers to the stages that customers go through when…

Q: What is an information management system (IMS) and how does it work?

A: Information management system : The information management system is basically a software which is…

Q: A major disadvantage of using. to post brand content to social media is the expense to create it.

A: answer videos and podcastsA thousand words are said to be worth an image. For a video, multiply it…

Q: Business buying occurs worldwide, so marketers need to be aware of cultural factors influencing…

A: The buying center is anything but a fixed and officially distinguished unit inside the purchasing…

Q: Justify how promotional strategies can increase sales and market share of a company.

A: Promotional strategies are tools used by companies to promote, sell, create information avd…

Q: Describe Vertical integration

A: Vertical integration happens when one firm assumes ownership of another company's supply chain…

Q: Pretend you are the marketing manager for ABC product (which is a consumer product) made by XYZ,…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Does it make sense for GM to produce automobiles for the Chinese market in China? Why?

A: GM is an American automaker that designs, manufactures, and sells automobiles, trucks, and parts all…

Q: 1. A detailed description of the clinical need seeking to address, including an overview of the…

A: Hypertension is also recognized as high blood pressure. It can lead to major health issues,…