It is the right thing to do Makes problem solving easier It enhances flexibility in the system Talents of employees are put to better use The organization will be able to attract and retain employees of diverse backgrounds It has the potential to improve sales growth and enhance market share
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- What is Fake News? Where does itcome from? Why is it so dangerous? How can we as individuals ensure weare getting the best informationabout current events? How can you make sure you don’tfall victim to fake news?How companies(ZOMATO) are using AI & ML to make it easier to connect with customere?What are the challenges of Filinnials? How do you respond these challenges?
- Crirkal Thinking The<e is increasing concern aboutconsumer privacy on social networking sites such as Face.book. How do you feel about privacy on social networks?Is allowing pecsonal information 10 be available to others without a user~ specific permission unethical? Shouldthe network owners do more to protect users' privacy?Should there be greater government regulation or shouldthe sites be free to develop as they want to meet theneeds of users? How much responsibility should users accept in protecting their own private information?Explain the purposes underlying data analytics and why this approach has become so important to marketing management . In your discussion you should also bring in the concepts of research and marketing information systems. Marketers also talk about the importance of story telling as they conceive ways to organize and display data. Explain how data analytics can really aid in this process of story telling and how this can enhance a manager’s decision-making effectiveness.1. Market segmentation is the way a company decides to group customers based on *a.Difference in age, genderb.Differences in their needsc.Difference incontinentd.Difference in numbers 2. The efficiency frontier is not *a.Dynamicb.Staticc.Convexd.Straight 3. Economies of scale are unit cost reductions associated with *a.Profitabilityb.large scale of outputc.Increasing volume of salesd.Merger 4. Economics of scale arises specifically *a.Company going globalb.Company increases profitc.Company expandsd.Company increases output 5. What rates can determine the demand for a company’s products *a.Growthb.Accelerationc.Declined.Interest6. A standardization strategy involves the company *a.Operate in single industryb.Producing one basic offeringc.Segments in different marketd.Compete globally 7. A fragmented industry a.Consists of relatively smaller brandsb.Mainly about retail businessc.A good number of small and medium businessesd.Large player with small market 8. Fixed costs are costs that…
- In Class, 10–25 Minutes for Teams assume that youare a member of the marketing department for afirm that produces several brands of snack foods.Your assignment is to develop recommendations forconsumer and trade sales promotion activities for anew low-fat, low-calorie, high-protein snack food.Develop an outline of your recommendations forthese sales promotions. in a role-playing situation,present and defend your recommendations to yourbosscreate a presentation for employees regarding the etchical points you want the employees to ahere toDefine two of the following terms – a) chronemics, b) oculesics, c) haptics, d) proxemics.
- typing clearly urjentEthical Dilemma When Algorithms Discriminate Promising companies the ability to get to know their customers and maximize the benefit gained from each one, CRM systems could be called a marketer's dream. CRM software allows companies to look closely at customer behavior, drilling down to smaller and smaller market segments. Once so segmented, customers can be targeted with specific promotions. For the company, this process reaps the greatest returns from marketing efforts because only those customers are targeted who are likely to respond to the marketing campaign. From a customer's perspective, CRM systems seem like a great idea. You finally stop receiving advertisements for things that don't interest you. But what if a company uses its CRM software in a more discriminating way? Where do companies draw the line between using CRM data to offer certain clients customized deals and unethically discriminating against other customers? For example, lenders, which often segment their…I need all answers explain typing clear urjent