Give your own examples for the following types of good. Real Good Material Good Be sure to make a good reasoning why you have chosen the example.
Q: How can the Porter Competitive Forces Model assist firms in developing competitive information…
A: Porter's Five Powers is a vital tool used by marketers for formulating business and marketing…
Q: What is the gross profit margin on the coffee tables described?
A: Formula for Gross Profit = Sales - COGS
Q: Give one instance of how your family influences your purchasing decisions as a customer.
A: Families should be included in shaping your decisions regarding the developments you want to…
Q: What are the two categories of services that may be obtained online via the use of apps? What…
A: Service marketing is a business method that focuses on non-physical, intangible items. Service…
Q: Describe the different groups of adopters articulated by the diffusion ofinnovation theory.
A: Customer will adopt a product only when he finds its need and have assurance from the market that…
Q: Economics Winemaking has remained largely unchanged for 7,000 years, but the United States wine…
A: The phrase "structure conduct performance model" relates to an analytical framework which describes…
Q: Many firms begin global expansion by moving from less risky venturesinitially to riskier ventures in…
A: Every company will try to increase its market share for bringing higher rates of return for…
Q: In 250 words, develop examples of quantitative research. Consider utilizing the NCJRS service and…
A: Quantitative research is the way toward gathering and examining mathematical information. It tends…
Q: how will you define Generic Name and Brand Name?
A: When a new drug is discovered, the company that discovered it'd apply for patency to save you…
Q: Using examples, describe the market structure differences between B2B and B2C marketing. Coca cola…
A: Business-to-business transactions are the economic activities performed between two entities.…
Q: If a firm’s sales force pressures potential customers to purchase servicesthey cannot afford or…
A: A business must make sure that all of its operations, decisions, and employee behaviour are…
Q: In which process are vendors invited to submit bids based on firm specifications?
A: A company is a legal entity which has its own right and responsibilities. It can purchase products,…
Q: What are the types of cultures that exist in buying centers?
A: A buying centre is a team within a business, composed of staff members and other organisation…
Q: What are the steps in major sales force management
A: Introduction : Through sales force management, the marketing strategy is translated into marketing…
Q: “Vile and Amazing”: How a Taco That Consumers Despise and Also Cannot Get Enough ofGives Jack in the…
A: Firms can obtain a sustainable competitive advantage by employing value-creating strategies which…
Q: List and briefly explain two reasons why studying consumer behavior is relevant to effective…
A: Since you have posted multiple questions, we will solve the first question for you, as per our…
Q: alue prop of this st
A: A company organization's marketing department is an essential functional area. The effectiveness of…
Q: Go to https://doc.arcgis.com/en/esri-demographics/data/tapestrysegmentation.htm, and identify five…
A: Geographic Segmentation is a category of the overall Market Segmentation strategy of all companies.…
Q: analysis benefits on a company
A: Decision-making is the process of making a decision by gathering information and assessing…
Q: Describe the various primary data collection techniques.
A: Primary data is one of two categories of data, the other being secondary data. These two data…
Q: List the factors affecting consumers buying behaviour.
A: The consumer behavior theory helps marketers in understanding the expectations of the buyers…
Q: Discuss non-price issues over which a buyer and seller can reach an agreement, and explain why each…
A: Negotiation process consists of parties who come together to attain an agreement in favor of both.…
Q: What are the many ways in which people may communicate with one other? Establish a line of…
A: Communication is the process of conveying a message from one party to another through a medium.…
Q: Read the following and then respond to the discussion prompt: Intel made large loyalty payments to…
A: Loyalty payments can be referred to as money amounts provided to a client or an employee for doing…
Q: Compare the hamburgers sold by Angel’s Burger, Jollibee, and MacDonalds in terms of value (tangible…
A: Step1)Value is the measure of benefit that a customer gets from the purchase of a product or service…
Q: Why is understanding the macroenvironmental forces that create themarketing environment critical for…
A: Numerous elements that directly or indirectly impact the operation of the business affect every…
Q: Managers must have a firm grasp on their end objectives if they want to make progress toward deeper…
A: A tool known as customer relationship management (CRM) is used to handle all interactions and…
Q: Should the international conglomerate enter the retail grocery market in Hong Kong? If so, what…
A: Conglomerate investment refers to the investment done by a company in another host country in…
Q: Choose an industry with several strong competitions
A: I am choosing the Fast Food industry as the industry with several strong competitors.
Q: Traditional face-to-face teaching still plays a critical role in teaching and learning; however,…
A: The business environment is a blend of external and internal influences that have a direct or…
Q: What is The General Electric Model ?
A: Marketing- Marketing is every activity a business engages in to draw a target market to its goods or…
Q: Discuss postpurchase outcomes.
A: Customer is a person who will take part in exchange with the company. A consumer can be a person who…
Q: How has the company positioned its brand? How does it go aboutcommunicating its position?
A: Branding in Marketing- Branding is the process of instilling a powerful, favourable image of a…
Q: Determine and describe potential opportunities and threats in that manufacturer’s external…
A: SWOT Analysis - SWOT analysis is a critical planning and management technique for assisting an…
Q: List and briefly describe 4 variables from the external marketing environment. Provide a brief…
A: External marketing is concerned with adding value to your brand to benefit your customers and…
Q: Identify a nonprofit organization that might use marketing research, anddescribe one example of a…
A: Nonprofit organization marketing can be explained as the tactics and activities used to spread the…
Q: List the factors that affect the consumer decision process.
A: Consumer behavior can be defined as the study of the target customers' purchase habits to formulate…
Q: Determine consumer electronics and describe potential opportunities and threats in that…
A: Introduction The external environment includes a group of factors from outside of the organization,…
Q: Finally, discuss for which types of products the bookstore would do astraight rebuy and for which it…
A: The attributes of organizational buying behavior that differs it from consumer buying are: Derived…
Q: Today, would you be willing to utilise the internet to bring in a new age of innovation?
A: ANSWER:- The Internet, sometimes called simply "the Net," is a worldwide system of computer networks…
Q: What are the differences between compensatory and noncompensatorydecision rules?
A: In the decision-making process of the consumer buying phenomenon, a prospect will have an obvious…
Q: Snack Factory Snack Factory is the maker of Pretzel Crisps, and their effective use of product…
A: Introduction In the given case study, the company has good recognition for its product-testing and…
Q: How can firms use customer demographics like income, market size,education, and ethnicity to market…
A: Market segmentation and demographics imply how it works before diving in and learning about market…
Q: How can the minister of communication implement a policy making procedure involving a TV license.…
A: The Indian government's Ministry of Communications, a union ministerial organization in charge of…
Q: What are FOUR (4) ways in which a firm like Aqua Manufacturing benefits from good sourcing decisions
A: Sourcing decisions in the business perspective refers to the decisions taken by the retailers or…
Q: Distinguish between functional and psychological needs.
A: Customers are part of business stakeholders but they are external to the business environment.…
Q: What are the classes of consumer products?
A: Consumer goods, often finished products, are purchased by people or families for consumption. In…
Q: popular music play a role as both a progressive force and a marketing tool
A: Marketing tools consist of product development and promotional strategies that companies take action…
Q: weaknesses, strengths, threats, and opportunities
A: SWOT analysis is the technique of checking the four aspects of a business which are strengths,…
Q: Provide an example of each of the four types of B2B organizations.
A: B2B marketing is concerned with spreading knowledge about the company, its goods, and how it may…
Give your own examples for the following types of good.
- Real Good
- Material Good
Be sure to make a good reasoning why you have chosen the example.
Step by step
Solved in 2 steps
- What would be the possible cause of failing common good approach by the managers?What are the possible threats to the real estate company? This is external to the real estate organization.What possible surprises that the real estate company may have as competition that currently doesn’t exist?point one is good. the rest three seems negative. the investor should be interested to invest in it. need positive points. first one is good
- In your opinion, do you believe it is theresponsibility of businesses to address theSDGS? Explain your answer.Once we determine that a good is normal, income elasticity, we then ask: What kind of normal? We go through the same process for an inferior good. True Falseyou are a consumer planning to buy a computer. You are considering either an Apple or an HP laptop. List 3 features that are important to you when you decide which is the best computer for you. How do you go about making your choice? What incentives could the producer offer you to influence your final decision?
- What is Icarus Paradox as stated by Danny Miller in his postulates. Explain it in business sense with some real life example.Is it not enough for a company to analyze its own strengths and weaknesses? Justify your answer.What are the factors that affect SMEs’ business growth? Identify at least five and make a precise but clear explanation for each of the factors given.
- Creative Thinking: TRIX CEREAL (Using Scamper tool to recognize business opportunities) Now we are going to do a scenario activity where you will get recognize business opportunities in a realworld simulation using SCAMPER tool. You are part of a marketing team for the small food company in Turlock, General Mills. Today, your team was given the following task The company wants to expand its market share, and coll-more cereal-but not necessarily as a food product. Therefore, the company now wants your team to generate as many possible alternative uses (besides as a breakfast cereal) for Trix cereal. Specifically, your boss has asked your team to present your ideas to the executive board, which will include prospective investors. Use the SCAMPER chart below to come up with ideas. Cereal website: http://generalmills.com/Brands/Cereals/Trix.aspx SCAMPER TRIX CEREAL S Substitute C Combine A Adapt M Modify/Magnify P Put to other use E Eliminate R Reverse/ RearrangeYour new company must plan for adaptability and alignment both internally and externally due to a crisis and other unexpected events, such as a mortgage crisis, a fire, IT system failure, loss of a major customer, loss of suppliers, union strikes, or terrorist attacks. How do you identify a crisis that Kibbles and Bits may experience, and explain how Kibbles and Bits would adapt and align in this crisis?Write a report on the TiVo/Aereo value proposition and the four Ps and the potential for replicating the business model in other countries?