There are a number of places in which society does not allow a market to function. There is no legal market for babies, for example (although there are markets for sperm, eggs, and wombs for rent). Markets for transplantable organs are also not legal. You cannot, for example, sell a kidney on eBay. What would be the advantage of allowing markets to function freely in these areas? On the other hand, what is the case for prohibiting these markets from forming?

Q: What is distribution of goods

A: Functions of distribution channels are as follows: Transactional functions: A channel is used to…

Q: Notice that marketing can occur even if an exchange does not occur. Explain with an example?

A: There are various organizations and industries that are active these days. The organizations are…

Q: How does Increasing cross-selling and up-selling rather than raising product prices beneficial

A: Upselling is the practice of persuading customers to purchase a higher-end, equivalent product,…

Q: How far has technology advanced in the last several decades, and what different sorts of…

A: A technological system is a collection of linked components that have been programmed to perform a…

Q: The advantages and benefits the company is getting or beneficiaries are receiving by implementing…

A: Some of the most important Islamic principles that are followed by organizations are transparency…

Q: exists different types of market structures. When there prevails such situation in which everyone…

A: It is quite possible that in a particular market structure  sellers can sell the same amount of…

Q: What laws allow manufacturers to set minimum retail prices for their products?

A: The law that allows manufacturers to set minimum retail prices for their products is Fair Trade…

Q: How would a traditional shop combine its information systems with Amazon's if it used FBA?

A: As internet business keeps on flourishing, customary shops are progressively investigating chances…

Q: Explain Above the line marketing as a vital component of IMC?

A: Marketing communication models have appeared because of the new digital and social media market. As…

Q: What factors have contributed to the decrease in the number of travel agents?

A: Tourism industry: It is related to travelling and touring different places in the world. It consists…

Q: How can we make sure that shopping on the sites of foreign companies is easy for people from all…

A: With the increasing globalization of businesses, shopping on the sites of foreign companies has…

Q: Marketing that targets markets throughout the world has become imperative for business. True or…

A: STP Marketing Strategy STP marketing is an acronym for Segmentation, Targeting, Positioning.  It is…

Q: Explain the segmentation process and undertake an exercise to determine how the bank will go about…

A: Market Segmentation is to break up the business into groups of similar and different features. It…

Q: What are the differences between domestic businesses in the United States and international…

A: Domestic business refers to the terms wherein all the commercial and trading activity of an…

Q: Choose something you buy all the time. Do you know where it is made and how many places it went…

A: Every product undergoes through a production process to be fully developed in order to be of salable…

Q: Explain the given the increasing sensitivity of potential visitors for a tourism product that…

A: Introduction: Corporate social responsibility (CSR) is the way of doing business with responsibility…

Q: What is the commercial market?

A: Market is defined as a region or a place where buyers and sellers interact with each other in order…

Q: What is the entry barrier for a juice beverage company ?

A: New Entry:                 In every business, new entry is very difficult and it need to factor many…

Q: What laws require sellers to maintain minimum prices for comparable merchandise?

A: Merchandising- The promotion and presentation of goods that are available for purchase for both…

Q: Explain the concept of emerging markets. In your explanation: Briefly contrast an emerging market…

A: A Market can be described as a place where free trade of products takes place. It can be referred to…

Q: What precisely is meant by the term "social commerce," and what factors are contributing to the…

A: Social commerce refers to the use of social media platforms to facilitate the buying and selling of…

Q: Why do some customers not do business in one or more sales territories?

A: Setting or creating a sales area is very essential for a number of reasons. In general, it is…

Q: When supposedly competitive companies divide up markets with fixed prices they have set up a…

A: Businesses that compete with one another directly for customers and market share are known as…

Q: Who is the first travel agent? What service did he offer? If you want to establish your own travel…

A: A travel agency is a private retailer or public service that provides travel and tourism-related…

Q: The electronic relationship is clearly the favored mode of commercial transaction in the current…

A: E-relationship is the relationship connected with digital tools. It incorporates based…

Q: If a company chooses to sell its wares on Amazon rather than on its own e-commerce website, what are…

A: Selling simply entails figuring out what potential customers want and need, then encouraging them to…

Q: evidence provided how can a company maximize its revenue by adopting e- commerce rather than…

A: Online Business is a commercial transaction including sharing of information, conducting business…

Q: examine the importance of emerging markets in contrast to traditional established markets

A: An emerging market can be referred to as an economy or nation which is experiencing a substantial…

Q: what is the main hindrance to market intermediation?

A: The marketing channel is also known as the distribution channel. A marketing channel includes all…

Q: If you are given a chance to work in any of the operating sectors under the Tourism Industry, what…

A: Direct channel- channel of distribution in which there are no intermediaries or middle levels.…

Q: When researching foreign markets marketers need to assess demand and profit potential. Availability…

A: Option D is correct - latent and incipient markets

Q: Describe the role and the relationship of IMC to the marketing mix.

A: The objective of integrated marketing is to deliver a consistent and clear marketing message to the…

Career Building in Marketing

Career building means planning for the future professional career of an individual. Career building consists of developing new skills, enhancing knowledge, pursuing education, gaining experience, and finding new opportunities over time.