dentify and discuss the macro-environmental factors Highlight the relevance of each factor to a South African context State which factor you believe to be the most influential on the business environment

Q: owers or pe

A: Informal power comes, not from an authority position, but rather from the regard and appreciation…

Q: characteristics of an established organization, such as its routines and structure, increase…

A: The term "Corporate" means a set-up wherein an organization performs various functions.…

Q: Explain the strategic planning process

A: Strategic planning is the process by which organizational leaders define their vision for the future…

Q: Describe a situation where self-service and technology help create and deliver the customer benefit…

A: Self service technology helps in doing the job in error free and in a more consistent manner. It…

Q: How do roles affect a person’s buying behavior? Provide examples.

A: Buying behavior refers to the decisions and actions of people who buy and use items. It is necessary…

Q: What role do ethics play in marketing research? Why isit important that marketing researchers be…

A: Marketing is a vast field including many areas like marketing research, marketing mix, digital…

Q: Conduct a SWOT analysis of Domino's pizza?

A: SWOT Analysis - SWOT analysis is a critical planning and management technique for assisting an…

Q: Diffferintiate Informal and formal business in selling price , cost of sales and Labour cost

A: The full forms of CP and SP is Cost Price and Selling Price, respectively. The cost price of goods…

Q: Explore how the Internet facilitates business buying and marketing.

A: The Internet has changed the manner in which organizations direct their tasks. The global…

Q: . Explain the challenges of managing service industry with suitable example? You being a service…

A: Due to strict adherence to the guidelines of Bartleby, while answering the question, we are allowed…

Q: What drawbacks does business networking have? The difficulties are described along with potential…

A: Meeting other business owners, possible suppliers, or other professionals with business experience…

Q: What are family influences, and how do they affect buying behavior?

A: Buying behavior is important for business firms producing various products and services. Knowing…

Q: Differentiate between independent retailers and chain retailers.

A: Retailers fundamentally work after wholesalers where they make purchases either from producers or…

Q: What are stakeholders? What role do they play in strategic marketing decisions?

A: Marketing facilitates product awareness and credibility for the company or brand in the market. It…

Q: What are freight forwarders?

A: Every  organisation  transports  it's  goods within  or  outside  the  country .  The  process  of…

Q: identify three services business you patronize on regular basis

A: Services  business   is  the  organisation   that  perform  the  activities   that  provides…

Q: What are the benefits of functional discounts?

A: The discount and allowance facility is particularly important in the selling and distributing of…

Q: Using the identification of megatrends and scenarios, consider the potential impact of future…

A: SWOT Analysis - SWOT analysis is a critical planning and management technique for assisting an…

Q: List the ways in which implementing an ERM strategy will increase the level of support a company…

A: ERM enhances management consensus by forming a culture that embraces risk as a component of every…

Q: 6. By what factors, are the population tastes/preferences affected?

A: Gives overview of the opportunities available for the company Marketers are interested in…

Q: Explain the term dramatic competitive edge.

A: Competition for the market refers to the efforts and competitive strategies practiced by the firms…

Q: Identify the stages of the business buying decision process. How is this decision process used when…

A: Understanding the consumer decision-making process is critical for any business, but eCommerce…

Q: If Smart Solutions Inc. has a goal of increasing sales for next year by 10 percent, this goal will…

A: Defining the goals with a specific deadline helps the organisation in deciding and improving their…

Q: List the differences between concentrated and differentiated strategies, and describe the advantages…

A: Marketing that is distinct When a corporation launches messages that appeal to two or more separate…

Q: What is the price at which the product is starting to be perceived as expensive?

A: Pricing can be explained as the process of setting a price for a product or service at which it will…

Q: What is Starbucks market segmentation? Divide the business market into 3 different segments, explain…

A: Starbucks is a multinational company. It is an American coffeehouses chain company, which was…

Q: You need to optimize conversion for digital marketing channels for an e-commerce company. Outline…

A: Conversion rates and the personalization that comes with them are one of the most essential tools…

Q: The following are the criteria for evaluating price metrics except: a. tracks with differences in…

A: How an organization measures the value per unit of a product for sale is known as "Price Metrics".…

Q: When benefits do we get when Cost-Oriented Tactics are applied?

A: Pricing methods are the techniques used to determine the final price of goods and services by taking…

Q: From the perspective of Bill Wyse, what differences are there between the production concept, the…

A: Marketing Concepts are the viewpoints that are used by a company’s marketing department to serve the…

Q: Find five elements that have led to the growth of business-to-consumer (B2C) internet commerce, and…

A: Digital marketing is known to the activities of marketing which is initiated by using internet,…

Q: What are the two primary types of surveys a companymight use to forecast sales? Why would a company…

A: Sales  forecasting   means  the   process  of    estimating  the  revenue that  can  be  achieved…

Q: Explain off-price retailer.

A: Off-price stores are businesses that provide high-quality items at low costs. They mainly offer used…

Q: 1/ In the marketing strategy. Define the major steps in designing a customer value-driven marketing…

A: Marketing Strategy is defined as the plan to help in the success of selling a product. This is…

Q: 13____________J.C. Penny’s purchase of Eckerd’s drug store chain illustrates Product development…

A: Business expansion and growth are significant for the survival of operations and activities. Today,…

Q: What is the most significant distinction that can be made between a management information system…

A: The major goals of an MIS are: 1. The main goal of MIS is to manage the organization with a better…

Q: Which of the following is NOT likely to be found in a company with a marketing          orientation?…

A: Concept Of Market Orientation - Market Orientation, is a type of concept, which is defined as a kind…

Q: What is Escalator pricing

A: Price is important because it can influence whether or not a customer buys a product. After all,…

Q: Make a list of some of the frequent procedures you go through as a student. What can be done to…

A: The students come across a number of situations where they have to take imperative career and life…

Q: the challenges that you might face in introducing the new innovative technology to the society which…

A: A big technological progress has been created in varied sectors, spanning Marketing Digitalization,…

Q: What is culture? How does it affect a person’s buyingbehavior?

A: Culture is among the foremost essential concepts in society since analysts know how valuable it's…

Q: Give example of: (Receiving Report and Assessment Report of one compan

A: Reports are very important for any company, people get a lot of data from these reports which helps…

Q: Definition and Comparison Questions: For each question, provide an explanation of the marketing…

A: Both transaction and Exchange are the concepts in marketing that deal with tbe trade of goods or…

Q: plan and manage own learning journey through consultation with employer/tutor  what are smart goals…

A: In any business, setting goals is a critical discipline. It is utilized to achieve company…

Q: Identify and explain the major managerial actions thatare a part of managing the implementation of…

A: Marketing Strategies refer to the overall plan or game of business to reach the customer and make…

Q: What is meant by automatic vending?

A: The distribution channel is the medium through which the product will reach to customer from the…

Q: Explain how competitive factors affect an organization’s ability to compete.

A: Marketing environment: It incorporates elements or forces, which can be internal and external to the…

Q: Q.1.1 Identify and discuss a suitable on-the-job training and development method for the company’s…

A: In the given question, we have been hired as a business consultant and tasked to assist a local…