Q: You are the marketing manager of the LIC of India. Once your corporation enjoyed monopoly in life…
A: Life Insurance Corporation is a statutory corporation which is headquartered n Mumbai. This is in…
Q: Describe some marketing problems that could be solvedthrough information gained from observation.
A: Marketing- The term marketing is well defined as encompassing every strategy a business utilized to…
Q: What is limited decision-making?
A: The cognitive process that leads to the selection of a choice or a set of actions among alternative…
Q: How does a positive public image help an organization?
A: Indeed, many businesses are frequently referred to by their brand, which means they are frequently…
Q: What is meant by marketing–communications mix?
A: The marketing mix consists of the four Ps: price, product, promotion, and place. However, in today's…
Q: The following are some of the main reasons why some believe that the Internet represents the…
A: Internet is regarding as Pinnacle of information and communication technology for multiple…
Q: Define the term intercity freight.
A: A transportation management system (TMS) is specifically performed programming for the arrangement,…
Q: Critically discuss the following methods and or instruments of data collection. For each method,…
A: A questionnaire is a commonly used data collection method that is used for collecting both…
Q: Discuss corporate social responsibility
A: Any organization's full acts toward society that benefit society as a whole are referred to as…
Q: What are the benefits of the joint venture?
A: Licensing and joint ventures provide excellent opportunities to a company to cultivate the benefits…
Q: Identify the psychological influences that may affect the consumer buying decision process.
A: The behavior of consumer is predicted through market research and surveying about their attitude in…
Q: Describe the arguments for and against social responsibility.
A: Individuals are made responsible for completing their civic duties under social responsibility, and…
Q: What is aspirational reference group?
A: Group influences play an important role in modifying or replacing the behavior, emotions, and…
Q: Describe the following pricing strategies and give an example each: a) Two-part pricing b) Peak-Load…
A: Every company needs to study their pricing policies so that the customers feel comfortable in paying…
Q: List important international trade agreements.
A: Some advantages of trade agreements include reduced tariff barriers, increased exports, economies of…
Q: Develop an appropriate business mission statement.
A: The mission statement of all businesses is developed on the basis of what vision the company has set…
Q: Discuss the importance of global marketing.
A: Marketing refers to analyzing the market and consumer needs and determining whether a company can…
Q: What is big data? Why is it important to marketingresearch?
A: Efficiency is the main pillar of an economy. When the efficiency increases we become more…
Q: What is meant by trial closing?
A: Personal selling gives benefit to marketers as it generates more effectiveness in getting satisfied…
Q: What is culture? How does it affect a person’s buyingbehavior?
A: Sellers and buyers are the important components of market. Seller produces various goods and…
Q: List the basic elements involved in developing a global marketing mix.
A: Marketing helps to create exchange with customers. Every company will create products and services…
Q: Identify the types of consumer buying decisions and discuss the significance of consumer…
A: Consumer will create value for company in terms of profits. They will have needs which can be solved…
Q: Discuss the importance of brand, and why it is important for both customers and business firm?
A: Marketing performs all activities which is required to contribute into product awareness and…
Q: Discuss the external environment of marketing?
A: To remain profitable and ahead of the competition, a company must adapt to these marketing…
Q: What is portfolio matrix?
A: Portfolio matrix in marketing is a chart that shows products in terms of both the growth in their…
Q: Which one would be an "upstream partner" of Coca-Cola Company? O a. supermarkets O b. individual…
A: Distribution chains and channels are useful for business to get network for dissemination of its…
Q: What lessons in leadership would you identify for sharing with Nokia to help improve their market…
A: To say that Nokia is self-destructing wouldn't be a distortion, and numbers and figures just…
Q: Explain Foreign Corrupt Practices Act (FCPA)?
A: Marketing can be elucidated as the area of management that comprises the creation of needs.…
Q: What is meant by reminder advertising?
A: Marketing is a huge feeling multiple areas like advertising, branding, positioning, Marketing…
Q: Consider the distinction between catastrophe recovery and business continuity planning.
A: Business continuity planning states how a company will function and continue during and after a…
Q: Explain? is the title given to someone who has the ability to motivate and excite technical…
A: Initiating, guiding, and maintaining goal-oriented behaviors are all aspects of the concept of…
Q: What is the marketing objective?
A: Marketing in business management is critical activity which must be performed in collaboration of…
Q: What is environmental scanning?
A: The environmental forces can be denoted as those forces which have a direct or an indirect impact on…
Q: What are the differences among needs, wants and demand? Which one is the most important for…
A: Needs are the thing that can satisfy the basic requirements of the customer. For example - An…
Q: What are the objectives of Sales promotion?
A: Marketing is the primary activity of the company and his carried out to create customer. There are…
Q: What factors must marketers consider as they decidewhether to engage in international marketing?
A: International Marketing can be referred to as the trading of goods and services across the globe to…
Q: List the differences between concentrated and differentiated strategies, and describe the advantages…
A: Marketing that is distinct When a corporation launches messages that appeal to two or more separate…
Q: What is marketing planning?
A: A marketing plan is a step-by-step guide to introducing and delivering your product or service to…
Q: Explain what market segment profiles are and how they are used.
A: Marketing is very important concept for the company. It is the primary activity along with…
Q: Critique the seven different ways consumers use digital media
A: Digital media is one of the most used ways in these modern days of a technology-led world. It helps…
Q: What are the primary concerns of business customers?
A: Business customers are the customers who buy various raw materials, equipments, machineries and…
Q: What is the licensing?
A: Ans. Introduction Licensing means giving certain rights to a manufacturer or to market a certain…
Q: What is the availability of different types of retail stores in the various country markets?
A: Retail stores are operated by retailers. Retailers sell various goods to final or ultimate…
Q: Differentiate between the environmental forces that affect international marketing efforts
A: The following are the environmental forces that influence worldwide marketing efforts: Legal…
Q: How do roles affect a person’s buying behavior? Provide examples.
A: Buying behavior refers to the decisions and actions of people who buy and use items. It is necessary…
Q: What is SWOT analysis?
A: Marketing environment is build with factors which must be monitored and managed as it have…
Q: Why might business customers generally be considered more rational in their purchasing behavior…
A: Business customers are the customers who buy raw materials, equipments, machineries, products etc,…
Q: Midnight Magic, a perfume manufacturing company, plans to release a new fragrance during the holiday…
A: Pricing is said to steps which are systemically performed to decide accurate price for the product…
Q: Remember 1929 Big Depression. Today all the World seems to go through a big crisis… Compare Turkey…
A: Between 1929 to 1939 the Great Crisis was a severe worldwide economic depression that began with a…
Q: Discover how the Internet is affecting global marketing
A: Marketing helps to create an exchange with customers. Every single company will require marketing to…
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