Critically evaluate any two products (name of the product, specifications of the product, manufacturers details etc) of electronics goods or automobile goods and justify which brand product is the market leader in Oman and discuss what are the marketing strategies required to make a good decision to be a market leader.

Q: Brand identity O Is the quantification of a product's sales price O Represents a set of values and a…

A: Brand identity is the noticeable components of a brand, such as a tone, plan, and logo, that…

Q: What is the purpose of a boycott? Describe the characteristics of companies and consumers that are…

A: The purpose of a boycott is for a consumer to refrain from purchasing, utilizing, or dealing with a…

Q: Pick three products you use every day (in school, at work, or for pleasure—perhaps one of each).…

A:

Q: Does our campaign illustrate the full range of appropriate usage situations for the product?

A: Yes, the campaign illustrates the full range of appropriate usage situations for the product. This…

Q: Which drug type is expected to have a higher markup over cost? Brand name drugs Both have about the…

A: Mark up is the profit margin that the producers set above the costs .

Q: What cultural issues could influence product decisions about localization versus standardization?

A: Cultural issues can significantly influence the decision between localization and standardization of…

Q: In 2019, a ski resort increased the prices it charged for one-day ski passes and season passes. If…

A: We have given the following information  Type of pass Price in 2018 Number of passes sold in 2018…

Q: Supplier Set Price Versus Market-Determined Price: Collusion or Competition?

A: In an economy, there can be two types of markets such as competitive and anti-competitive market.…

Q: In 2019, a ski resort increased the prices it charged for one-day ski passes and season passes. If…

A: Total Revenue is the product of price and quantity  Elasticity measures the change in quantity due…

Q: Solve and analyze the following problems. Make sure all steps are properly justified. Correctly uses…

A: The equilibrium is established where the demand and supply are equal.  Pd =PS.

Q: When announcement was made in Junuary about the availability of Starlink in Nigeria, what occurred…

A: Demand and supply are fundamental economic concepts that describe the relationship between the…

Q: Explain, how you would set the price in Japan for a product that sells in the US for $10/unit.  How,…

A: we would set the price in Japan for a product that sells in the US for $10/unit by means of exchange…

Q: What are the advantages of personal selling over otherforms of customer communication?

A: Personal selling: personal selling is where the business use sales force people to sell the products…

Q: Can you give some answers to the factors that affect the supply and demand in the restaurant…

A: Demand is the total quantity of goods or services demanded by people in the economy at the going…

Q: None

A: Consumerism refers to all activities undertaken to protect the rights of consumers. It involves…

Q: llustrate a generic demand and supply curve

A: The demand curve refers to the quantity demanded at the given prices at a particular period of time.…

Q: Tutorial Exercise Worldwide annual sales of smartphones in over a 5 year period were projected to…

A: Meaning of Price Elasticity of Demand: The price elasticity of demand refers to the situation…

Q: A synonym for coalition is a .challenge b .association C . competition D. accreditation

A: The conditions and fluctuations that happen between demand and also the supply-side decides the…

Q: S₁ с ☆ A E D Quantity Price B 0 4 S Refer to the figure in which S is the before-tax supply curve…

A: Taxation is crucial in today's economic context because it provides governments with revenue to fund…

Q: Question 4 is the benefit that customers receive from a good or service when others also are using…

A: Benefit reffers to the advantage or usefullness comes from by using a service or a product. It is…

Q: The Ventura Cine Club (VCC) is the only theater in the town of Ventura. Children tickets are 3…

A: Correct : c) -2.25

Q: Review the lifestyle and life-cycle determinants of tourism demand that affect the  travel patterns…

A: The life cycle phase is consistently an essential determinant in tourism demand because individuals…

Q: When a media company promotes itself as reaching a particular demographic, how should we use that…

A: Media company promotes itself by reaching out in the particular demographic, through understanding…

Q: A consumer has an expenditure function E=1.96U(p1)0.6(p2)04. The price of good 1 increases from $2…

A: Compensating variation is a method of neutralizing a price effect by reducing/increasing the money…

Q: Why is price stability difficult to achieve inonline and global marketing?

A: Our economy performs best when prices are stable. That means we must guard against either too low or…

Q: A synonym for( coalition) is a.challenge b.association C. competition D. accreditation

A: "Coalition" is an alliance formed among two or more individuals or groups of people. For example…

Q: Advertising is a personal means and is different from personal selling, is it different? true Frror

A: A personal advertisement, here and there called a contact promotion, is a form of classified…

Q: Price elasticity of demand is determined by the following factors except which one? A. Number and…

A: Price elasticity refers to the magnitude that states whether the commodity is responsive or…

Q: The price elasticity of demand is given by Multiple Choice O O O E= E= E= E= percentage change in…

A: Introduction Elasticity of demand is the measure of how much the quantity demanded of a product or…

Q: identify customers, differentiate among customers, and interact with customers are A - steps of…

A: The given above steps like , Identify customers Differentiate among customers Interact with…

Q: What would be required for consumers to have the necessary knowledge about a product and how it was…

A: Information Asymmetry is defined as a hazard to an economy. This is because it creates a lack of…

Q: Which of the following would you expect to displace the demand for beef? Response option group (a)…

A: Demand: - Demand is the relationship between the quantity demanded and the price of a good. There is…

Q: Refer to the demand schedule below: Price ($) 80 70 60 50 40 30 20 10 0 Quantity demanded 0 50 100…

A: Demand Schedule: The demand schedule for a good is a combination of a different price and the…

Q: What general rules should a retailer know when planning initial markups? Explain why retailers…

A: Markup is the level of the percentage that is your expense. To compute markup take away your item…

Q: Tyke's Bikes is a bicycle sales and repair shop in a small city. It sells new and used bikes with a…

A: Corporate social responsibility is a business model where individuals act morally and ethically…

Q: The price elasticity of demand for a textbook sold in the United States is estimated to be -2.0,…

A: The price elasticity for a textbook in the USA is -2.0.The price elasticity of demand for books sold…