Q: What is meant by traditional channels?
A: Promotion is the type of communication with potential customers by reaching out to them with…
Q: Explain what a communication channel is and list the many kinds of communication channels that…
A: In the current business world, marketing and promotion is of great importance. With proper marketing…
Q: What is meant by the term Morale?
A: People come together with a common objective to create company. Companies therefore is operated by…
Q: What is the purpose of the Title VII of the Civil Rights Act (1964)?
A: Title VII prohibits discrimination in the workplace based on race, colour, religion, gender, or…
Q: Using environmental analysis tools (PESTEL MODEL.), assess the strategy of launching Gigafactories…
A: PESTEL Model of marketing any product or services defines the segmentation on the basis of six…
Q: identify whether you think exploratory, descriptive or causal research would be the most…
A: An initial study on a speculative or theoretical idea is known as exploratory research. This style…
Q: How marketing concept is implemented?
A: A solid marketing implementation strategy aids in the transformation of plans into processes. It…
Q: Why is a company's strategic map important to create
A: Every company is a collection of individual factors in a value chain that leads to results and…
Q: Distinguish between a marketing information system and marketing research.
A: A systematic study of a problem is conducted to establish facts and draw conclusions. Because…
Q: What is Penetration Pricing?
A: Pricing is a Marketing concept. Marketing has a company to build customers and retain them for long.…
Q: How to check the dimensions of quality?
A: Quality of Service and congestion control are the two associated concepts. That essentially means,…
Q: How is a marketing-oriented firm different from a production-oriented firm or a sales-oriented firm?
A: Marketing is concept which brings the idea of manipulation of customers by informing them various…
Q: What is meant by the process of Marketing research?
A: Thousands of start-ups are launched each year, and each one of them believes that their idea will…
Q: How do marketing activities add value to products?
A: Marketing is developing a message about a product or service and effectively communicating that…
Q: Why line extensions are more common than new products?
A: Product- It is any item or service that a company sell to serve their customer's needs and wants.…
Q: How packaging is a vital part of the product?
A: First impressions are very important, and your packaging is often the first consumer introduction to…
Q: What is a product mix?
A: A product is an item that a company makes or buys to meet the needs of its customers. It is the…
Q: Explain Selective distribution.
A: There are three methods of distribution namely; Intensive, selective and exclusive. In intensive…
Q: Discuss both the positive and negative aspects of learning online with the assistance of artificial…
A: These are some of the benefits and drawbacks of artificial intelligence. Every new technology or…
Q: what does the market supply curve look like in the run? In the long run?
A: There are several ways to distinguish the short run from the long run in economics. Still, the most…
Q: With the advent of e-commerce, customers are buying in ways they have never done before. The…
A: M-commerce is a technological development that takes place on a wise phone. it's a phrase made-up by…
Q: What are the advantages of Multiple-unit packaging?
A: Packaging, in its most basic form, relates to the design and development of the wrapping material or…
Q: Define Intensive distribution.
A: The distribution of goods can be elucidated as the activity or chain of delivering the finished…
Q: How does a customer’s decision-making time vary with the type of product?
A: Consumer behavior is said as thei personality and attitude of customers having different…
Q: What are the benefits of retaining customers?
A: Customer retention refers to a business's capacity to convert consumers into repeat purchasers and…
Q: State the variety of segmentation bases used by marketers.
A: Market segmentation, at its heart, is the strategy of breaking your target market into accessible…
Q: Explain negotiated pricing.
A: Pricing will be set by the marketers so that the company can earn profits from the product and…
Q: Transit time is critical in supply chain management because its impact on the inventory…
A: When the distribution of products is done, the major responsibility is to keep the products…
Q: a significant increase in the number and variety of online courses has been observed in recent…
A: With the digital revolution and also the unbelievable usage worldwide web, our lives have become…
Q: To reduce the bullwhip effect and save on delivery costs of a functional product, the buyer should…
A: Bullwhip occurs when the short term fluctuations in the demand is exaggerated by each level. It…
Q: Define the term wholesaler.
A: Wholesalers assume a significant part in the advertising channel structure. Several channel systems,…
Q: What are the benefits of Price analyzing?
A: Pricing analysis is the process of establishing if a product's or service's asking price is…
Q: Explain Average variable cost (AVC)?
A: As a general rule, when the firm's output is relatively small, the average cost decreases; when…
Q: What is meant by an adversarial relationship?
A: Negotiation is a strategic discussion that associates with an acceptable issue for both parties.…
Q: State disadvantages of price skimming?
A: Pricing strategy is said to process and action is plan required to set effective price for the…
Q: What is Discretionary income?
A: After you've paid for your fundamental needs, you'll have discretionary cash, which you may spend…
Q: Define Profit Maximization?
A: Profit maximization has an indirect impact on economic and social well-being. When a business makes…
Q: How product life-cycle leads to new product development?
A: Marketers, executives, and designers all benefit from understanding the product life cycle. It…
Q: What is Price skimming?
A: Price strategy deals with all steps and course of action which is performed to allocate a desirable…
Q: How does a consumer market differ from a business-to-business market?
A: Marketing is gives the undertaken for the purpose of ensuring that customers know about products'…
Q: What is the difference between brand insistence and brand preference?
A: A brand can be denoted as a name, symbol, design, word, or sentence that differentiates a product…
Q: Define business buying behavior.
A: Buyer behavior refers to people's decisions and actions when purchasing products or services for…
Q: Under what conditions would a business most likely decide to employ one of the differential pricing…
A: Pricing is one of the most important tool with a company. It will help the company to increase the…
Q: What is meant by Personal income?
A: Consumer consumption is strongly influenced by personal income. National statistical organizations,…
Q: What is meant by a pricing strategy?
A: Price is important because it can influence whether or not a customer buys a product. After all,…
Q: How the internet is considered a powerful communication medium?
A: Internet and advanced software are the outcomes of development in the field of digital technology.…
Q: What is the importance of managing customer relationships?
A: Marketing is a very broad concept of business. It includes various activities that are used to sell…
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: Explain the techniques of employee training and development.
A: Employee training and development initiatives are educational activities carried out within a…
Q: Explain the process of labeling of products.
A: Labelling and packaging are concepts of marketing and branding. Attractive labeling and packaging…
Explain what a communication channel is and list the many kinds of communication channels that exist.
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