external business environment and how your chosen organization manages the gap between the demands of the market and its ability to respond to the changes in the marketing environment

Q: How do we anticipate and respond to changes in customer preferences and expectations over the long…

A: One of the major difficulties organizations face in today's quick-changing and dynamic business…

Q: Discuss any organization and its strategic situation with regard to each component of internal and…

A: ANSWER IS AS BELOW:

Q: How does the budget constraint affect consumer choices?

A: Household decisions are determined by the combination of pricing, financial limits, and personal…

Q: Evaluate a range of marketing strategies that can contribute to organization’s competitive…

A: Ans. Introduction  Competitive advantage alludes to factors that permit an organization to deliver…

Q: How do marketing organizations stay abreast of emerging trends and technologies in the ever-evolving…

A: Marketing organisation structures distribute and manage a company's marketing operations, methods,…

Q: What are the different types of market environment in which an organization operates.

A: Market Environment refers to the externa and internal environment in which a business operates…

Q: How can organizations conduct a thorough analysis of the external market environment when…

A: The market environment refers to the external factors and forces that can influence and impact a…

Q: How do organizations adapt their marketing strategies to changes in consumer preferences and trends?

A: In today's ever-changing marketplace, companies must regularly update their marketing strategies to…

Q: Determine the variables that have an impact on business and the problems that lie ahead for…

A: The business landscape will face greater uncertainty in the post-COVID period. Businesses need to…

Q: How may a company face ethical and safety issues when using business intelligence (BI) technologies…

A: The growing dependence on data-driven decision-making has resulted in the widespread adoption of…

Q: Why is it important to screen the basic needs of the prospective market before considering doing…

A: Basic needs of a market consist of the consumer's desire for a specific benefit of a service or of a…

Q: what is the relevance of gaining competency in customer and market analysis

A: Introduction:  Market analysis is a process to study the effectiveness of a target market. It helps…

Q: Although managers can control the marketing mix, they cannot control elements in the external…

A: The marketing environment comprises components or factors that may be internal and external to the…

Q: When a business is doing well financially, why is it necessary to consider the viewpoint of the…

A: A business is any activity which involves buying and selling of the goods and services for the…

Q: Describe the positive and negative aspects of business considering the interests of all their…

A: Business strategy is made by keeping in mind the stakeholders as they are very important for the…

Q: How can the use of data analytics and artificial intelligence techniques be leveraged within CRM…

A: Data analytics and artificial intelligence (AI) techniques can be very effective in improving the…

Q: Please supply/provide a positive and negative feedback mechanism for manipulating the environment…

A: Positive Feedback Mechanism: A positive feedback mechanism for manipulating the environment in a…

Q: Identify ONE Megatrend from each of the following trends impacting your preferred career    Social…

A: Megatrends are large, transformative global forces that define the future by having a far-reaching…

Q: what are the requirements for markets to work efficiently?

A: The Prerequisites of an efficient market are explained below in the following points:- 1. Free flow…

Q: Provide a comprehensive strategic innovation that you can propose in your organization based on the…

A: One potential strategic innovation for the educational system in the United States could be to focus…

Q: Explain the process that a marketer can use to ensure that marketing strategies, approaches and the…

A: An organization is a place where the people are working jointly and cooperatively as a company or as…

Q: How can market analysis benefit a business?

A: Definition of Market analysis, A market analysis is a scientific study of a market within a…

Q: Are AI measures in marketing sustainably good for companies and the buyers?

A: An essential assumption of neoclassical economics is that both companies and customers aim at…

Q: How would you present your argument that marketing has the most important role in an organization?

A: The Role of Marketing in Successful Organizations In the current corporate world, 2008 presents many…

Q: How can an organization effectively assess and enhance its strategic capability to gain a…

A: Organizations must effectively assess and enhance their strategic capability to gain a competitive…

Q: How does socially responsible behaviour change the activities of the marketers to serve the customer…

A: Social responsibility in business: A socially responsible business can support a company's image and…

Q: Market Structures: Why is it necessary for business firms to have knowledge on the Market…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: In the context of marketing and putting up a knowledge management project, describe four critical…

A: Knowledge management is the work of businesses around the world. In the information management…

Q: how does holistic marketing give organisations a competitive advantage

A: It is clear from the word holistic, as it generally means considering things as a whole rather than…