Q: Choose a brand of your choice outline the important micro and macro environmental factors that would…
A: The environmental forces refer to those forces which have a direct or indirect impact on the…
Q: Identify the types of consumer buying decisions and discuss the significance of consumer…
A: There are four different types of behavior. The variability of things that a buyer must purchase…
Q: It is not necessarily true that all new products benefit consumers or society. What are some new…
A: New products launched in the society can be useful or harmful. It depends upon the way how consumers…
Q: In the business world, how do consumers provide value to a product or service?
A: We can say that where I think a business, it’s your job to come up with creative ways to demonstrate…
Q: How would you describe a "market niche?" Describe four product/services that you own or consume…
A: A niche market is basically a subset of a larger market with its own needs and preferences.…
Q: how do we get our product to consumers in the best and mostefficient manner?
A: Customer orders are the customer's needs and preferences. They order the goods and services they are…
Q: How to use customer involvement in sustainable marketing ?
A: Sustainable Marketing- Sustainable marketing is the promotion of socially and environmentally…
Q: Describe what are the major differences between purchasing principles of non sustainable business…
A: Sustainable business practices are the methods used by a company to create long-term value by taking…
Q: Why setting prices for business products is different from setting prices for consumer products?
A: Prices are the monetary value side by the company on the products and services as a part of exchange…
Q: How do market prices serve as a "mechanism for connecting human demands on our natural world with…
A: Customers are very important for the organization. The organization take various activities to…
Q: Describe what are the major differences between purchasing principles of sustainable business and…
A: There are many differences between the activities of sustainable business and non-sustainable…
Q: What are the potential risks if the marketing mix is not considered?
A: Risks are present everywhere. Some of the risks can be predicted and can be avoided. But some risks…
Q: What should be the focus of a company’s mission statement? * Choices: Acquire technology Customers…
A: A mission focuses on the identity (who are you), the purpose of existence (why are you here). For…
Q: Describe how consumers make purchase decisions and how they use and dispose of the purchased goods…
A: There are various industries and organizations that are active these days. There are different…
Q: How do the consumers dispose off the purchased goods or services?
A: These days, a variety of businesses and organizations are functioning. The organizations provide a…
Q: Give example of groups interested in encouraging consumers to make more ethical and sustainable…
A: Sustainability has become important for the companies to follow in the world where environmental…
Q: Why is it difficult to control cost related to marketing?
A: in general, marketing costs are simply the costs brought about in advancing your trade. Customarily,…
Q: Can you market unsought goods?if so, how?
A: A product that consumers are unfamiliar with or are not interested in actively purchasing is known…
Q: Understand value from the perspectives of customers. producers, and society
A: Providing value with the products will aid the corporation to attract a large number of audiences.…
Q: What are the major differences between purchasing principles of sustainable business and non…
A: Sustainable business practices are the approaches followed by the organization to create a long-term…
Q: Do you think consumers would be willing to pay a higher price for Weiss ketchup? Why or why not ?
A: Consumers are the linking pin around which the whole organisation works and in order to charge…
Q: The costs of procured goods and services are very important to public sector buyers. Whilst this is…
A: Procurement is the essential part of the supply chain strategy in every business necessitating…
Q: The Producer Price Index is based on prices paid forsupplies and inputs by: a)the small…
A: The Producer Price Index or PPI is an index that measures the normal value change of products and…
Q: Describe the sustainability principles marketers can use to operate in a responsible and ethical…
A: Sustainability refers to growth and progress with an aim to save for the consumption of the future…
Q: Are consumers likely to respond to in-store price reductions?
A: Retailers is the individual or group business operations where they close work with customers by…
Q: What steps could a company take to determine the perceived value of its products in its target…
A: There are many bestseller management books in the market which have a great influence on the people.…
Q: How street foods initiating price actions?
A: The pricing is the methods where business are seen as making evaluation of different market factors…
Q: The text suggests that internal marketing is necessary before a successful marketing program can be…
A: Marketing is the process company carry out to build customers. This marketing is one of the core…
Q: Should online sellers be taxed?
A: Taxes are essential contributions imposed via central authority on the business enterprise, people,…
Q: How do consumers make purchasing decisions?
A: Consumer buying behavior is the study which shows what revolves around the minds of the consumers…
Q: what are the aspects towards the impact of high prices of goods and services on household spending,…
A: Following things are the aspects towards the impact of high prices if good and services:1. Erodes…
Q: What factors influence a buyer’s willingness to spend?
A: The temporary conditions such as buying a product, not buying a product, buying an extra of that…
Q: Consumers now wield significantly more influence in the marketplace. What causes contributed to this…
A: At the moment, customers exert considerable influence over the market. It is for the following…
Q: What other issues beyond the market and the economy must marketers consider when setting prices?
A: Factors to consider when setting price Pricing is one of the most challenging aspects of running a…
Q: how can we charge different prices to different segments without consumers feeling cheated? how can…
A: Pricing: Pricing refers to fixing the price of the products or services according to its quality.
Q: What is a “megatrend”? Briefly describe five megatrends shaping the consumer landscape
A: Social media is a digital platform for people to interact with each other through the internet.…
Q: Discuss the five marketing orientations under which organisations design and carry out their…
A: Marketing is the method of “creating, communicating, providing, and sharing value-added services for…
Q: What is the landed cost? What is a market boundary? Why are landed costs important in determining…
A: Landed cost is referred to as the total price of the product once it arrives at its destination…
Q: What is certain demand?
A: Marketing examines the needs and wants that are prevailing in marketing. It calls for marketing…
Q: Street foods managing their price actions?
A: food Vendor values for its food services so as to maximize profits, there's no unified and coherent…
Q: Sources of market failures and solutions to those market failures
A: A Market can be described as a place where free trade of products takes place. It can be referred to…
Q: Define the term Simultaneous production and consumption?
A: Simultaneous production and consumption is fall under service products where they are produced and…
Q: should a company choose the most attractive target markets?
A: An attractive market segment is one that provides your company with solid current or long term…
what are potential consumer responses to service pricing or policies that are perceived as unfair?
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Solved in 2 steps
- Describe what are the major differences between purchasing principles of non sustainable business and sustainable business?Describe how consumers make purchase decisions and how they use and dispose of the purchased goods or services?How can organizations establish a sustainable service marketing strategy? How does the introduction of partnerships help create service marketing competitive advantage?
- identify three possible target markets that might require the services provided by a business and the best marketing approach for each?Describe what are the major differences between purchasing principles of sustainable business and non - sustainable businesses?How can Nestle can maintain their company on top in providing healthy products considering there are other competitors offering the same products at a cheaper price?