A brand new store, Billy's Boards, opens and business takes off. We would expect: O government to investigate this new business. the price for Billy's Boards products will increase. new firms will enter the board business. O people will change their preferences to boarding.
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- Following all the rules of the Supreme Committee regarding Covid Pandemic applies which type of value? O a. Economic o b. Legal c. Technical o d. AestheticYou are a retail manager of a new supermarket. Your target market is largely price-sensitive and environmentally concerned where one of the big competitors is already applying everyday-low-pricing (EDLP). Some of your target markets are willing to pay high price for eco-friendly products. You want to position your new supermarket brand as superior to your competitors in terms of offering customer value. You provide only recycled plastic bag to your customers and sell all fruits and vegetables supplied from organic firms. Q1: What alternative pricing strategies would you apply for your target markets? Justify your decision with supporting theory/concepts. Your answer must be based on the facts presented in the case. Q2: How would you differentiate and position your supermarket on sustainability marketing criteria to your target market? Your answer must be based on the facts presented in the case.Just Answer the Number 3! Here is the Answer for the Number 1. Every business should be ethical in their practices to ensure the success of it in public. The business which could be most preferable in this case would be instant noodles rich in nutrients. Purpose: To create such products which could easily be made by even children. Children and youth or even adults can consume this as their morning/evening snack. Nowadays, many manufacturers involve in unethical practices and destroy the nutriency level in their products which would surely be avoided in this business. Type of business - the Business would be of FMCG products. As it requires to be consumed soon. This will be a convenience product which will be available in all retail stores. Mission statement - Mission statement states the short-term Objectives for which the company is set up. The mission statement would be: ' Provide healthy and delicious instant noodles enriched in nutrients so that the children and youth doesn't…
- Please invent an imaginary company producing a good or a service, located in whatever place and having whatever name. You should treat the aspects given in the following table: Table of Contents Introduction - The Company and its Environment (the name of the author) The Company and its Customers (The Buyers) (the name of the author) The Company and its Products (the name of the author) Price (the name of the author) Distribution (the name of the author) Promotion (the name of the author) Social Media Marketing (the name of the author) Conclusions I want an expert to give me some ideas of an imaginary companies to inspire from.1. Why people demand in beauty products. 2. Why people demand in food products.safe ways enterprise is in its fifth year of operation in nairobi as a serivice delivery entity. for the past 2 yrs profits have been nose-diving.as a public relations officer explain how you would use monitoring and evaluation to get to the root of the problem
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- In Class, 10-25 Minutes for Teams Assume that you have recently been hired by a firm that manufactures furniture. You feel that marketing should have an in- put into supplier selection for the firm's products, but the purchasing department says that should not be a concern for marketing. You need to explain to the department head the importance of the value chain perspective. In a role-playing exercise, explain to the purchasing agent the value chain concept, why it is of concern to marketing, and why the two of you should work together.Now suppose that over lunch the marketing vice president says to Jacob: “We’re feeling a lot of heat from Chinese manufacturers who are offering very similar clubs to ours but at significantly lower prices. The legal department is working on a patent infringement case, but if we cant block these clubs from entering the market, I expect to see our sales flatten, and maybe even fall, over the rest of the year.” What questions should Jacob ask? How would the answers to this affect the forecast? Does it still make sense to use quantitative forecasting under these circumstances? Why?According to the Automobile Association 60-70% of all vehicles on South African roads are uninsured. There are various interpretations as to why that is, with affordability being mentioned as the highest contributing factor. Naked Insurance is hailed as being a highly innovative company in this sector. The company is looking to tap into this uninsured market. They have approached you for consultation as to how they could successfully penetrate this part of the market. How might Naked insurance convince the uninsured car owner to buy into a short-term insurance product for their vehicle?