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

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: 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: 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: 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: 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: 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…

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.