Which of these is true ? a. Generic products and customized products are types of software products. b. Generic products are produces by organization and sold to open market. c. Customized products are commissioned by particular customer. d. All of the above.

Q: Which of the following are policies regarding the conduct of purchasing personnel Select one :  a…

A: Answer is given below:

Q: Which one of the following most closely refers to an organization expanding its product line?

A: Out of the following the one which is most closely referred to an organization expanding its product…

Q: which was entitled "Products, Services, and Brands Building Customer Value" answer on the following…

A: The new product development process is described as the process through which a new product is…

Q: 1) Brand Equity is ........ Select one: O a. All the options O b. Low price O c. Value addition…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer one question at a…

Q: can

A: The answer to this question is brand mark.

Q: ._______ It is a plan for converting a product idea into an actual product or service.

A: Design planning It is a plan for converting a product idea into anactual product or service.…

Q: create a one-page product overview that has a central purpose and clear organizational structure,…

A: Creating a one-page product overview is a crucial step in marketing and selling any product. The…

Q: P&G maintains a large assortment of different products positioned into many different categories.…

A: In marketing, business categories and product mix are important concepts. They help organize a…

Q: A product is a key element in the at the other extreme, pure services. a. brand extension b. brand…

A: Price is the monetary value held by a product (tangible or intangible). Price is one of the 4Ps of…

Q: Commercialization is the last step in the new product development process. Select one: a. True. O b.…

A: The new product development process talks about the steps involved in inaugurating a new product. A…

Q: What is the key to creating value and customer satisfaction?Single choice.

A: The best way for customer value creation is the values you hold within your organization. The values…

Q: In a situation where Mr. Hamza, who is a "buyer" of MADINS Company product, is only concerned with…

A: A partnership is a solitary business where at least two individuals share possession. Each partner…

Q: Define/describe the following: i. Lip Liner ii. Lip Stain iii. Lip Gloss iv.Lip Balm…

A: Lip Liner this is also recognized as a lip pencil, may be a sort of makeup product. it's designed…

Q: What builds the image of the products in the minds of consumers? A. Product its self B. Price C.…

A: Ans. The image of the products in the minds of consumers is called brand image. Brand image can be…

Q: Potential drawbacks with test marketing a new product or service DOES NOT include     a. High…

A: Test marketing is a tool used in marketing for estimating the market demand for that…

Q: 1) Objectives of packaging should help in product production and transportation. Select one: O True…

A: Packaging and branding are marketing aids which inherently enhances product worthiness.

Q: 19. ______ play a major role in building brand equity, and range from corporate names or trademarks…

A: In organization products are introduced as per the requirements and needs of consumers. Every…

Q: In response to . a supplier may often direct a buyer to their website. O none of the other four…

A: Operations is an important base for every organization, whether in manufacturing, service, or…

Q: Why is B the correct answer? Explain Me.

A: Price discrimination is done so that the company can attract different groups of  people to consume…

Q: What is the buyer really buying? What would be some core benefits that we get when we buy an Apple…

A: Core benefit is a marketing term that conveys the basic requirement of the customer that he or she…

Q: One of the following is an important PRODUCT metric. Seleccione una: a. Penetration b. Time to…

A: Product metrics are data elements that businesses use to assess a product's success and determine…

Q: MEC, a hiking and climbing equipment retailer, has a rock-climbing wall inside the MEC store so that…

A: Retailing - A distribution process that includes all activities that are related to selling items…

Q: Which of the following description abo

A: Branding is the process of creating a strong, positive perception of your company and its products…

Q: Which of the following statements is true with regard to price? O a. Unlike product features, prices…

A: Price is one of the important constituents in a company's marketing mix. It is the amount that a…

Q: Commercialization is the final stage in the development of a new product development.; True or False

A: New product development is the process of development of new products on the basis of market…

Q: 2- The 'brand name' is classified as the ____________ in the 4P's of marketing mix. a. Product b.…

A: Marketing mix: It means the creation and implementation of strategies related to 4Ps to market the…

Q: When XYZ Company began mixing perfume in the manufacturing of their original detergent products,…

A: When XYZ Company began mixing perfume in the manufacturing of their original detergent products,…

Q: 21. The aspects of the product offering that are ____________ to the offerings of like competitors.…

A: The company offers products and services in a particular market in order to earn revenue. the core…

Q: Identify all ingredients and processing steps in the manufacture of pineapple jelly. b. Your…

A: answer 1 The basic ingredients utilized in the jelly-producing method area unit fruits, sugar,…

Q: Important advantages of VMI are:a) the vendor has more control over its productsb) collaboration…

A: VMI can be called as Vendor Management Inventory and it is very useful in knowing the inventory…

Q: In the _____ stage of the product life cycle, a product may be viewed as a commodity. a)…

A: The product life cycle basically has four stages. The first is the introduction then is the growth…

Q: 1.Which of the following is NOT the correct way to manage a sub-brand as a brand? .Maintain the…

A: Sub brands are interconnected to a parent brand, and both support and prove beneficial from that…

Q: buyers could be the following individuals ?        a.  Customers and suppliers      b.   Workers…

A: A buyer is a person who buys products from the manufacturer directly for the purpose to showcase it…

Q: _____________ leads to under-costing of certain products and over-costing of other products. a. Cost…

A: Cost distribution can lead to either over-costing or under-costing (allocating too much or too…

Q: 38.Which of the following is not a valid reason for using trade discounts as adjustment to list…

A: Trade discounts are normally offered to encourage higher volume of purchases with discounts. Hence,…

Q: Which of the following is not a convenience product? a. Candy b. Car washes c. Dry cleaning d. Soft…

A: Convenience products are consumer goods that are typically inexpensive, widely available, and…

Q: __________Product modification makes changes to existing products in three primary ways. They are a.…

A: Every product will go through Various stages during its life cycle. These stages are introduction,…

Q: Firms to ensure to the customers that they are producing high quality products, they  a. Provide…

A: A guarantee is a promise or assurance that something is of specified quality, content, benefit, etc.

Q: is often considered to -- be the final part of the marketing mix and it requires careful business…

A: First, let us understand the meaning of Marketing Mix. Marketing Mix is a comprehensive marketing…

Q: How can you describe a direct product sale through the phone?

A: ANSWER IS AS BELOW:

Q: When introducing a new product, companies account for sales of peripheral products. This is known…

A: Profit is the cash remaining from the revenue after all the expenses are reduced from it. All…

Q: Select any product. Following the given strategies modify the selected product. 1.Quality…

A: As a matter of fact, we can say that where efforts to improve quality need to be measured to…

Q: a. What is meant by the Products that require less packaging? b. Why Products that require less…

A: Introduction:- These figures have sparked a nationwide drive for a packaging ban. Companies are…

Q: Which of the following is not a function of the procurement function?    a) To ensure the…

A: The procurement function is the function that ensures the availability of raw material, equipment,…

Market Research Methodology

Market research refers to employing strategies, collecting data, and studying the target audience of a product by an organization. Businesses analyze customer data to figure out consumer trends, improve product design, improve user experience, develop customer-centric marketing campaigns, generate high-quality leads, and boost conversion rates. Phone surveys, test marketing strategies, and focus groups can be used for marketing research.