Q: Discuss how companies adjust their prices to take into account different types of customers and…
A: Price is the monetary value said by the marketer on the product and services. There are various…
Q: Example of Product Contamination
A: Product contamination is defined as a situation that occurs when the product delivered to the…
Q: PLEASE PROVIDE AN EXPLANATION FOR HOW TO COMPLETE Planning Message and Material Development…
A: The social marketing strategy is very different from how public health organisations have…
Q: What will you do if your competitors underprice or make your product obsolete?
A: Consider why a competitor's prices have been cut. Is it because they're new to the market and…
Q: What is full-cost pricing?
A: Pricing strategy implies various methods that are used for setting optimal and competitive price for…
Q: How can a firm utilise internet marketing to attract new clients to its online store??
A: The term internet marketing refers to marketing that takes place entirely online. To put it another…
Q: what is the target market of pastry shop primary and secondary targe
A: The primary target market includes all the customers which have highest probability of making the…
Q: 3 A message travels between the source and the received through Question 3 options:…
A: QA message travels between the source and the received through ? What is a message? A message is a…
Q: A random sample of 10,000 customers was selected over a six month period. The data provides…
A: To thrive in a world where customer loyalty is no longer assured, brands must adapt. Consumers have…
Q: Explain Geographic Information System Discuss if Geographic Information System is a blessing or a…
A: Geographic Information System A geographic information system (GIS) is computer software for…
Q: Meeting planners must learn how to deal with all kinds of people. Suppose you are the meeting…
A: It is very important for every participant to contribute to the team's efforts. But there are many…
Q: Identify the seven steps of the sales process
A: Personal selling involves direct selling practices where generally face to face communication takes…
Q: Alicia is a self-employed hair stylist who owns her own salon. She has asked you to consult with her…
A: Every company try to increase its profits and grow. This growth attracts the investors in the…
Q: Identify the type/s of online shopper your online store will apeal to. Explain your reasoning.
A: There are different types of online shoppers they are: Price-sensitive shoppers. Experience…
Q: Describe the roleof today’ssalesperson.
A: Sales Person- An employee who commercializes a certain business's products and services is called a…
Q: List several ways to classify retailers byproduct line.
A: Product Line- A group of related goods or products all marketed under a single brand name that is…
Q: Explain how the Internet has altered theretailing, wholesaling, and direct marketingenvironments.
A: Internet- The foremost essential tool and the prominent resource that is being utilized by almost…
Q: Describe the two major types of independentwholesaling intermediaries and theappropriate situations…
A: Intermediaries- An individual or organization that undertakes the role of linkage or mediators…
Q: Auxiliary messages refer to
A: Auxiliary messages refer to: Intentional and unintentional ways a primary message is communicated…
Q: What are the contingencies and results of negative publication of reports or issues in our society?
A: The circumstances of the negative publication of reports or issues in the society from News Media is…
Q: What is an advertising campaign?
A: A advertising campaign is a particularly planned method that is completed across various mediums to…
Q: Developed by KwaZulu-Natal-born electro-mechanical engineer Ntuthuko Shezi, in 2015, Livestock…
A: A mission statement is a short line or paragraph that defines what a business does and why they do…
Q: Define franchising in Simplified manner
A: Franchising: Franchising is defined as It is a method of marketing and distribution of products or…
Q: Enumerate 5 components of marketing environment. Give explanation each.
A: In the business environment there are dynamic changes going on frequently and the organization…
Q: Describe the sixbasic types of directmarketing and nonstoreretailing.
A: Marketing depicts several activities associated with the assessment of target audience needs and…
Q: 1. Based on BCG Growth-Share Matrix, many marketers say that most of the VR products are "Question…
A: As per the Bartleby Honor code we are not supposed to answer more than 1 question at a time. Please…
Q: What are the benefits of owning a franchise? What are thedrawbacks?
A: Many people regard franchising as a simple way to enter the business world for the first time. The…
Q: The advantages of marginal analysis and how to use it for price setting.
A: The concept : The marginal analysis is basically the analysing and estimating the cost ascertained…
Q: Marketing plan for 1 day festival event.
A: Marketing plan is the study of the conditions prevailing in the environment. The marketer collects…
Q: Describe the three functions performed bywholesaling intermediaries.
A: The wholesaler will most often purchase goods directly from the manufacturer, but they may also…
Q: Is it possible for a company to initiate two products that target the same market, that are NOT…
A: Yes, a corporation can launch two products that are not exclusive and target the same market as long…
Q: Discuss the advantages of having a good brand.
A: Ans. Introduction Each company fantasies about having a stalwart brand that dominates its market…
Q: Can any other mineral water brand ever take over Evian’s market share? Why or why not?
A: There are many more companies in the competitive market and these are competing with each other to…
Q: Define media scheduling, and identify themost important factors influencing thescheduling decision.
A: Scheduling strategies: 1.Continuous Advertising: Continuous advertising involves scattering the…
Q: department?” • What is Human Resource Management? – definition, what do HR professionals do, what…
A: Since you have posted a question with multiple sub parts, we will solve the first three sub parts…
Q: After a trip to Turkey where you were inspired by the craftsmanship of artisans who make jewelry and…
A: Distribution system is the path between the manufacturer and customer. There are three types of…
Q: Is the job of a local marketing manager any different from that of an international marketing…
A: Yes. The jobs of local marketing manager is very different from that of an international marketing…
Q: Identify the sevencomponents of thepromotional mix.
A: A marketing mix refers to a set of strategies, used by a company to advertise its product or product…
Q: Discuss how companies differentiate and position their products for maximum competitive advantage.
A: Competitive Advantage- The factors that allow a business to manufacture products and services in a…
Q: Write a tagline about healthy cake
A: A tagline is a piece of advertising that expresses a company's marketing approach. Typically, they…
Q: Describe
A:
Q: What are the needs of the customer within the housing and hospitality industry and Why will the…
A: Ans. Introduction There is most likely no other industry that depends on consumer loyalty as much as…
Q: Experience has taught the Kings that smaller, specialty markets are the strongest retail outlets for…
A: Kings know very well that the smaller market is the strongest retail outlet, But there are many…
Q: Discuss the roleof transportationintermediaries,combined transportationmodes, and warehousingin…
A: Physical Distribution- The set of activities concerned with the efficient movement of finished…
Q: Examine for the theory of "Points of Differentiation" can improve the positioning of hotels…
A: Every company in the market has something different from the other. Most of the companies compete…
Q: A study on the pupil's reaction when the teacher announces a special exam. O Interview method O…
A: During market research for launch of any product, there are various type of methods through which…
Q: Is there any downside to biometric identification systems?
A: Ans. Introduction Biometrics are the estimation and examination of a person's physiological or…
Q: Brand: adidas what is the frame of reference for the brand? who are their target market? who are…
A: Since you have posted a question with multiple sub parts, we will solve the first-three sub parts…
Q: an IT Project Manager what are two issues or project challenges unique to the IT industry that may…
A: * Introduction - For any Big project like Vaccine rollout , Various business organs have to work…
Q: Explain the Product Life Cycle (PLC) stage
A: Ans. Introduction The product life cycle is the progression of stages that a product goes through…
Should managers use the Balanced Scorecard framework at the same time as they use life cycle analysis and material flow cost accounting?
Step by step
Solved in 2 steps
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?
- Provide A balance scorecard's internal perspective for an ice cream business.There are many people involved in system analysis. Explain the role a management accountant plays in systems analysis.How can organizations prioritize and manage conflicting requirements during the analysis phase? What strategies can be employed to resolve such conflicts?
- Why do operations planning require that a forecast be expressed in terms of physical units for an individual goods and services?How may ROI be maximised with the use of a balanced scorecard?Papaya Partners is a distributor of papayas. They purchase papayas from individual growers and package them in 10-pound cartons for delivery to their various customers, generally supermarkets. Last month, they budgeted to sell $500,000 worth of cartons at a price of $25 each. Actual sales met a budget of $500,000 at $25 per carton. The management has received cost information based on actual performance and needs to understand the drivers of the overall variance from the budget. They have asked you, as an analyst in their management accounting department, to calculate and explain the variances. The following data has been provided: Budget Cost of fruit @ 10 pounds per carton $ 200,000 Cost of packaging @ 1 pound per carton $ 10,000 Labor costs @ .5 hourse per carton $ 90,000 Total Cost $ 300,000 Actual Cost of fruit @ 10 pounds per carton $ 244,200 Cost of packaging @ .55 pound percarton$ 11,000 Labor costs @ .75 hourse per carton $ 150,000 Total Cost $405,200 WHAT IS THE STANDARD COST…
- Describe the importance of the balanced scorecard in achieving the highest ROI.A facility manager wants to align the facility management strategy with that of the demand organizations strategy. What should the facility manager use to do this? Facilities register Facilities audits Balanced scorecard system Strategic business planConsider the following companies, each of which is your consulting client: Performance Bicycles, a mail order company that supplies bicycles, parts and bicycling equipment and clothing. The Nathalie Hotel, a downtown hotel that serves primarily convention and business travelers. The Barangay Asenso Public Health Clinic, which is supported by tax revenues of Barangay Asenso and public donations. The American motorcycle company. The Metro pharmaceutical company. Required Determine each client’s competitive strategy and related critical success factors.