Q: Do you think it is better that there are more than one company that competes in a certain market…
A: Market competition refers to the rivalry which occurs between companies doing similar business in…
Q: How does market society contributes to the growth and development of the country and its economy
A: Marketing has played a vital role in the economic development of the whole country. It has also…
Q: Why do you think competing businesses endeavor to differentiate? How can external factors regulate…
A: Competition in business is the challenge or contention among the organizations selling comparative…
Q: Is Competition for Market Share and Profits essential iin marketing?
A: Marketing can be described as a function of management which includes creation of needs, identifying…
Q: Marketing that targets markets throughout the world has become imperative for business. True or…
A: STP Marketing Strategy STP marketing is an acronym for Segmentation, Targeting, Positioning. It is…
Q: How can the firms have the most powerful marketing benefit?
A: Marketing refers to the process of managing a product/service or both such that customers purchase…
Q: What is the meaning of the different types of market structures?
A: Market is a place where buyer and seller carry out the process of buying amd selling of product or…
Q: What are the differences between domestic businesses in the United States and international…
A: Domestic business refers to the terms wherein all the commercial and trading activity of an…
Q: what are the requirements for markets to work efficiently?
A: The Prerequisites of an efficient market are explained below in the following points:- 1. Free flow…
Q: Explain the concept of emerging markets. In your explanation: Briefly contrast an emerging market…
A: A Market can be described as a place where free trade of products takes place. It can be referred to…
Q: Does a recession influence the purchasing habits and companies’ marketing and management strategies?…
A: Recession is basically the decline in the economic activities across the economy which lasts for a…
Q: What is Marketing with and without ethics ?
A: Marketing is the process of understanding the customer's needs and requirements, then the marketers…
Q: What is the difference between a forward and future market? Explain.
A: There are different kinds of businesses and industries that are active these days. Also, there are…
Q: How can marketing practices create barriers to entry that potentially harm other firms? Are these…
A: 1.) Some marketing practices adopted by the firms can create barriers for entry for new entrants and…
Q: Examine why organisations are viewing emerging markets as being critical to their long-term success.
A: Emerging markets have a lot of growth potential and offer a lot of potential for foreign investment…
Q: Why is IMC popular?
A: Marketing communication is a method of communicating the company's message to potential customers.…
Q: Where should we produce or source our products?
A: Product Sourcing - It's the process by which a business succeeds in getting or achieving a product…
Q: What is market development ?
A: It is a pro active form of increasing the customer base
Q: How company can expand the total market and defend market share?
A: Companies looking to expand their market share at regular intervals to stay competitive in the…
Q: What are the Preferences of Business Travellers?
A: Business travel can provide valuable opportunities to grow your business, build rapport with clients…
Q: Discuss the process of a Competition for Market Share and Profits?
A: The market share of a company is an important metric that is used by marketers to analyze whether…
Q: How can a company successfully serve its external and internal customers?
A: Customer service is the bedrock on which customer loyalty and retention are built. The strategic…
Q: Why do many firms try to steal market share from market leaders offering low prices?
A: The main rivalry issue in the business environment that every company wants to be number one. Many…
Q: What is the marketspace?
A: Commerce relates to activities linked to purchasing and selling on a big scale. E-Commerce is also…
Q: Explain the concept of emerging markets. In your explanation Identify four main characteristics of…
A: An emerging market is shifting towards a contemporary, business economy with an advanced standard of…
Q: Prior to 2004, was LEGO focused on its products or its marketplace? Why?
A: Danish company Lego is a popular brand for children’s toys in the world. It started with early…
Q: How can the company differentiate its goods and/or services from those of its competitors?
A: The following is the response:
Q: Why is the way in which companies develop their products and services so important?
A: Companies develop new products to get growth and sustain in the markets for the long run. The…
Q: How can the company set itself apart from its rivals' goods and/or services?
A: The answer is as follows:
Q: What is Micromarketing?
A: Marketing is a process of promoting the products and services through different channels. It…
Q: The main aim of modern marketing is to:
A: The main aim of modern marketing is to earn profit through customer satisfaction. So the correct…
Q: What is Purchasing Power?
A: Purchasing is the cycle a business or association uses to get products or administrations to achieve…
Q: What is the difference between superstores and super markets?
A: The place of products and service availability for end-consumers is known as the market. It has both…
Q: To what degree are your choices influenced by corporations and marketing?
A: The objective of marketing products by the companies is to attract customers and increase their…
Q: Discuss the following and give an example. •International companies •Multinational companies •Global…
A: Organizations are global these days. The markets are both national and international. The companies…
Q: what external motivation do enterpreneurship lack to take up business opportunities presented by the…
A: Here, we need to discuss about the external motivation that Entrepreneurship lack to take up the…
Q: How much important is regional vs. global scope does it differ . What role politics and economic…
A: Regional scope of business and global scope of the business are two important and different concepts…
how do companies learn from the market place?
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