True of false  Wherever a company does must always consider that they have products that compete with its products and services

Q: What factors will increases demand of a product? What factors will decrease demand of a product?…

A: Economics focuses on the distribution and production of goods and services. Economics is the study…

Q: Would there be any additional marketing effort necessary if a producer created a new product and…

A: Yes, additional marketing effort is necessary.

Q: Imagine you run a small apparel shop in nual India and positive about sales of T-shirt this year…

A: The given condition is a situation of breach of Contract because An agreement can be supposed to be…

Q: Do producers have an obligation to create safe products even if customers are unconcerned and…

A: Business organisation is a part of the society.At the cost of exploiting the resources in the…

Q: Abstract Mart is an application that allows artists to showcase their work and leverage the platform…

A: A problem sorting process and removing the risk may helps the Abstract Mart to avoid the bankrupt.…

Q: rly how it is used  can be employed in a practical business scenario

A: Data automation is deemed essential for company sustainability. Data automation is defined as the…

Q: Explain what you understand by the term "PRODUCT" in the context of one of the eight principles…

A: The ACM/IEEE Code of Ethics is a set of guidelines that outlines the professional responsibilities…

Q: Do term limits seem to have more advantages or disadvantages? Defend your answer.

A: Term limit is defined as when a persons in office is allowed to serve for  specified or  limited…

Q: Market-oriented firms seek to satisfy customers' needs at the expense of making a profit. true O…

A: The statement " market oriented firms seek to satisfy customer's needs at the expense of making a…

Q: You are hired as an assistant brand manager for a popular consumerproduct. One day in an emergency…

A: The products delivered by any supplier have a great influence on the success of the entire…

Q: you guarantee the product's quality after it has been manufact m other outsources arrive at your…

A: It's common parlance to discuss the "quality" of almost every product we use on a daily basis,…

Q: In recent years, which industry segment has filed the largest number of patents?

A: Patent help the companies in protecting them from illegal usage of intellectual property. This helps…

Q: What word is used to identify people or organisations that are affected by a company's actions?

A: THE RESULTS ARE ON THE NEXT STEP.

Q: Evaluate the environmental impact of different packaging materials, including plastics, glass, and…

A: About Ecological Footprint -Ecological Footprint is a concept that can be defined as a relevant…

Q: Buying a phone through a home credit and returning the same due to defects is considered as…

A: THE ANSWER IS AS BELOW:

Q: Write a claim letter to the Manager of a company for the inferior supply of electronic goods you…

A: A claim letter: A claim letter is a compelling message sent by a customer to a company or office to…

Q: Describe the role of traceability in regulatory compliance for industries like pharmaceuticals or…

A: The role of traceability in regulatory compliance, particularly in industries like pharmaceuticals…

Q: example of a driver of sales is: Production capacity of the company Skill level of the company’s…

A: Cycle time is the time taken between two final manufactured products. And the capacity of the…

Q: When the value of a loyal consumer (VLC) business segment is high, can quality products and services…

A: If a company's rating of a loyal customer indicator is high, it actually indicates that more…

Q: Outline at least FIVE essential procedures that should be followed when measuring and quantifying to…

A: Introduction: The term Market refers to an exchange of goods and services between the buyer and the…

Q: A sale functions as a contract between the buyer and seller of the selected good or service. Select…

A: This statement is false because a sales function is not only the contract between the buyer and…

Q: Intrinsic goods are things that are desired for their own sake, such as health and life. True False

A: It is relatively tough to evaluate entirely the intrinsic value as it is uniquely reliant upon…

Q: Based on the history of what you were using, did it follow safety and ethical regulations upon its…

A: There are certain guidelines given by the Governments and Regulatory authorities for making a…

Q: McDermott Company has developed a new industrial component called IC-75. The company is excited…

A: 1. Reference value: Productive hours = 2,160 hours  Purchase cost= $1360

Q: What benefits will your product provide to the customer? How will these benefits play a role in…

A: The marketer desires to communicate with their customer using multi-channels and a better…

Q: a misunderstanding between consumers and designers may ruin a previously successful project

A: The main role of a designer is to understand the needs and requirements of the consumers before…

Q: If a product is dangerous beyond the expectation of the ordinary consumer of the product and a less…

A: If a product is dangerous beyond the expectation of the ordinary consumer.

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: Non-value-added activities are those that add to a product's desirability. True or False

A: The value delivery network of an organization means those stakeholders of the company that in any…

Q: Quantity vs Quality: is there room for both in marketing? How The right mix of quality and quantity…

A: Ans. While making an attempt in imitation of reach outdoors to customers, a explicit understanding…

Q: Once established, the same product mix remains effective for as long as the firm chooses to use it;…

A: The entire number of product lines a firm offers to its clients is referred to as product mix, also…

Q: You are the head of operations for a large manufacturing company in Cape Town, ABC Manufacturers,…

A: Customer dissatisfaction signifies the condition of dissatisfaction in the customer that may have…

Introduction to Business Messages

Business messaging refers to a variety of channels via which businesses and customers can interact. SMS or text messaging is the most popular method of communication. Shipment reminders, promotional incentives, marketing offers, and scheduled appointments are all things we have dealt with. These are the types of messages we usually identify with business communication. Business messaging can take place on any digital platform where your consumers already spend some time, with the expectation that communication will be two-way. Business messaging brings comfort and simplicity to customers. Customers expect comfort from pre-sales and post-sales engagements with businesses as they do with friends and family. In addition, messaging is the favored method of contacting a firm for 66% of buyers. Here are a few examples of popular business messaging situations.