Scenario: You work for a Cranberry company/farm in Nova Scotia trying to enter the Cranberry market in Australia Who are the major competitors in the Australian market? Describe the products currently offered by the competitors. What are the competitors’ strengths and weaknesses? What is the price of the products? What discounts are offered?

Q: A purchasing organization's decision-making center is known as the buying center. It is made up of…

A: For every organization, purchasing is a crucial task. Because of this, the buying center, a group of…

Q: 10. Questionable business practices according to antitrust agencies Complete the following table by…

A: Marketing strategies play an essential role in building the customer base, attracting the attention…

Q: Write at least a three-paragraph document addressing the following points:   Compare the main…

A: Starting a business is a significant decision that entrepreneurs must make, and there are several…

Q: Which of these best explains how farmers might benefit from increased food marketing costs: 1. Food…

A: Marketing is the fulfillment of the needs of consumers through the right product and the right…

Q: In the last few years, approximately 105 million people, 36% of whom are women, watch the Super…

A: Cost Per Mille (CPM) is a crucial metric in advertising that helps businesses evaluate the…

Q: Outline the risks faced by agricultural producers and the methods of managing these risks. 1. Which…

A: Risk faced by agricultural producers are Production Risk Marketing Risk Financial Risk Legal Risk…

Q: Scenario You work as the chief supply-chain officer at the large international corporation,…

A: To address the scenario provided, you go through every question step-by-step, detailing a way to…

Q: Do you provide any kind of military discount to your customers?

A: Military personnel, veterans and their families are often eligible for discounts from retailers.…

Q: Due to inflation in Australia in December 2019, the price for petrol increased from AUD 1.35 to AUD…

A:

Q: Use the information and excerpt below to answer the question. In 1994, President Bill Clinton gave…

A: The excerpt from President Bill Clinton suggests that opening markets to foreign workers may lead to…

Q: Describe each of Porter’s Five Forces 1. Rivalry among competing firms 2. Potential entry of new…

A: Porter's Five Forces in business works as a basic framework in the field of strategic management. It…

Q: what is the customer willing to pay for your solution? Why?

A: The company aims to conserve the natural resources by recycling the products and making it reusable.…

Q: Would you consider the large passenger jet manufacturing industry to be perfectly competitive (does…

A: Market competition refers to competition among different companies in a market place. There can be…

Q: You are hired as a consultant by Yellowstone Inc. to prepare a report based on the  undermentioned…

A: As an advisor for Yellowstone Inc., we are entrusted with the responsibility of writing a report on…

Q: what are the advantages of price-fixing between competitors?

A: Price fixing is considered,  when the competitors agree to have a common pricing between them. The…

Q: Select and research a company from the 2019 fortune 500 list that demonstrates a sustainable…

A: Competitive advantage is the factor that makes the company better and allows it to perform more…

Q: imagine you are opening a shoe manufacturing company in south africa and one in nigeria for memory…

A: Every company should assess the market and its own strengths and weaknesses before entering any new…

Q: You are the vice president of international operations for a large U.S. pharmaceutical firm that…

A: As a vice president of international operations for a large U.S. pharmaceutical firm that…

Q: Consider an economy that is NOT producing up to its potential and has an unemployment rate that is…

A: Consider an economy that is NOT producing up to its potential and has an unemployment rate that is…

Q: What is an example of an industry that you think a best-cost strategy could be successful? How would…

A: Cost-strategy:- Cost strategy is based on simplicity. Cost leadership aims to reduce costs as much…

Q: Here are a situation where the customer is important, in the "bargaining power with buyers". -The…

A: Porter's Five Forces model is a framework used by companies to determine the strengths and…

Q: Fuel prices have been very volatile during the last five years. What factors have contributed to…

A: The volatility of fuel prices entails changes in the price of fuel, which greatly affects the…

Q: From the options below, which one would NOT be an opportunity that companies experience when…

A: In the present worldwide economy, organizations of all sizes are laying out tasks in unfamiliar…

Q: In few sentences, answer the marketing question in each of the following scenarios: 1) In 2020…

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: Is it possible for a company to initiate two products that target the same market, that are NOT…

A: Mutually exclusive refers to the products that are related to one another. It refers to products…

Q: What occurs when a company seeks to match what a competitor is doing while maintaining its existing…

A: a company seeks to match what a competitor is doing while maintaining its existing competitive…

Q: How can the tourism industry assess and analyze expected risks and damages in Covid 19 situation?

A: The tourism industry assesses and analyses the expected risks and damages in the covid 19 situation.…

Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.