Why is planning sometimesreferred to as the “first”management function?

Q: Identify the Type of Goods and Services processes relevant to RESTAURANT business. explain?

A: Starting a restaurant requires a whole lot of work, and at the same time, the speed of failure is ve...

Q: In what ways are traditional specialty stores andoff-price retailers similar? How do they differ?

A: Retailing is about attracting customers with product display and marketing ideas. Retailers are more...

Q: An essential component in the value proposition is __________ Select one: a. All answers are corr...

A: When a producer promises to deliver value with a product to its customers, it is known as Value Prop...

Q: Define data mining

A: Data mining has initiated a lot of chances for business processing. Its ultimate goal is to build ne...

Q: Summarize the three major ways marketers segment business markets.

A: The process of dividing the potential buyers of a product into different categories on the basis of ...

Q: Identify a product which you have recently purchased from an outlet and apply consumer decision-maki...

A: The stages that a customer undergoes while making a purchase for a particular product or a commodity...

Q: What are the four main purposes service environments fulfill?

A: The service environment is used as a criterion for rating and assessing the customer services. It co...

Q: Explain the trade-offs that inventory managers facewhen they reorder products or supplies. How is th...

A: Inventory is a compromise between user satisfaction and accessibility of materials. With the globali...

Q: Why do marketers need to understand buying behavior?

A: Buying behavior is the decisions or actions taken by a consumer while purchasing a product or servic...

Q: A manufacturer introducing a new product into the marketplace. What will be the reaction of potentia...

A: New products and services are the essence of all business operations and are vital to the advancemen...

Q: Compare and contrast “strategic blunder” and “strategic drift”?

A: Strategies refer to plan of action or step by step procedure to achieve a pre determined goals.  Str...

Q: How can you measure your customer experience?

A: Customer experience is an important factor to boost customer loyalty. It gives insights on how the c...

Q: The group member who pushes forward towardgoals and places the objective first is playing the_______...

A: While working in an organization, employee are required to work as a team. While working in an organ...

Q: How comprehension is important ?

A: Reading comprehension means the potential to read, recognize, and remember what is being read now. I...

Q: Explain how the information management strategy relates to the organization strategy, information sy...

A: In the past several years, an IT strategy has to turn out to be an essential feature of administrati...

Q: T F Hewlett-Packard Corporation and Dell Computeruse product differentiation in the marketplace.

A: Product differentiation is the strategy through which the company tries to distinguish its products ...

Q: Share at least 3 ideas you have on dealing with Mr. Canny you find especially promising.

A: A well-planned negotiation is instrumental in obtaining business deals and client gin for the future...

Q: Explain how the customer participates in the design and delivery of services

A: Customer service delivery can be found in a factory. Customer participation at certain point of view...

Q: Discuss five(5) benefits offered by distribution channel members as well as cost of utilizing their ...

A: A Distribution Channel is a defined route for the movement of goods & services produced/manufact...

Q: Explain the differences among intensive, selective, andexclusive methods of distribution.

A: Distribution is a process of making final products available to the consumers. It happens directly o...

Q: How are logical fallacies used in marketing?

A: These are ambiguous statements which are devised and presented in such a way that it is assumed to b...

Q: Q1. Briefly explain what do you understand by consumer behavior? Why is it important for marketer to...

A: The behavior of consumer is a psychological based study to assess how the individuals used to constr...

Q: In Lewin’s model of organizational change, people who question the need for change would be consider...

A: Businesses work in a dynamic environment where the only constant is change. Change is often resisted...

Q: Which of the following is true about social mediameasurement tools?a. Most companies use quantitativ...

A: The explanation to making the most of social media is to draw attention to what audiences have to sa...

Q: explain in detail why it is imperative for a business company to conduct a marketresearch and sequen...

A: The process of finding out the ability of a new product to survive in the market through means of re...

Q: variables) approach. Using examples, explain why and how the market segmentation approach can be use...

A: As a manager, it is my fundamental objective to get the product launched catering to the interest of...

Q: T F A benefit of specialization is improved efficiencyand increased productivity.

A: Specialization is a method of process whereby entity focuses on the production of a limited scope of...