1.1 Interrelationship between consumer behavior and marketing concept Marketing comprises of all the activities and tasks undertaken to promote and sell the product to the end consumer. It encompasses a wide array of techniques that can be used to push the product/service to the consumer and get them to pay for the same. Marketing can also be done for non-selling objectives like brand awareness‚ recognition‚ brand image enhancement etc. In essence‚ marketing concept creates a value for the customer
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How can one tell a winning strategy from a strategy that is mediocre or a loser? Give examples and details and always cite your sources of information. A company strategy is its action plan for outperforming its competitors and achieving superior profitability. The objective of a well-crafted strategy is not merely temporary competitive success and profits in the short run‚ but rather the sort of lasting success that can support growth and secure the company’s future over the long term. (Thompson
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1 . Revenue increases when A. producer surplus increases B. producer surplus decreases C. consumer surplus increases D. consumer surplus decreases Answer : A. producer surplus increases 2 . An increase in the price of an inelastic good A. decreases revenues B. decreases the percentage change in quantity less than the percentage change in price C. increases revenues D. increases the percentage change in quantity more than the percentage change in price Answer: C. increases revenues
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the values and mission statement help to shape planning. Also give some internal and external factors that may influence the business in the future and explain how they will influence the business. Respond substantively to two other learners. 1. Dunkin’ Donuts Dunkin Donuts core and distinctive competence is the ability to market and sell baked goods and coffee. The Dunkin Donuts mission statement is“Dunkin’ Donuts will strive to be the dominant retailer of high quality donuts‚ bakery
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industrializing and manufacturing. This contradicts with scientists who imply that the whole world’s actions and plans need to change in order to save most of the species living on the earth today. Overpopulation and Deforestation Overpopulation is an issue that not only affects the United States‚ but the whole world. The more people there are‚ the more space and resources are used and taken up. This obviously causes shortages in food and water supplies. It also‚ leaves less room for agricultural production
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In this article it explains the correlations between environmental issues and race. It says that environmental justice incorporates the principle of the right of all individuals to be protected from environmental degradation. the grassroots people are the only ones that took notice to the potential problem. That minorities are the impacted more by environmental pollution which can lead to mistreatment by the government. The equity has not been the same across the board putting minorities at risk
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Week 1 Assignment 1 A landline telephone (also known as land line‚ land-line‚ main line‚ homophone‚ landline‚ fixed-line‚ and wire line) refers to a phone that uses a solid medium line such as a copper wire or fiber optical wire for transmission The local loop (also referred to as a subscriber line) is a twisted pair cable or circuit (cable) that connects from the demarcation point (house/building) of the customer premises to the edge of the service provider maximum of 3 miles. A central office
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1.2a What is your distribution plan for your product or service? Discuss how SCORE mentoring might be of assistance in your distribution planning. Use appropriate references and post to the 1.2a discussion board. Business dictionary defines distribution plan as a plan created by the management of a business that specifies how the firm intends to transfer its products to intermediaries‚ retailers and end consumers. Currently I am a full time seller on eBay. eBay is an ecommerce company that
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but at that time the pollution was comparatively less and could be handled by nature. Modern awareness Pollution became a popular issue after World War II‚ due to radioactive fallout from atomic warfare and testing. Then a non-nuclear event‚ The Great Smog of 1952 in London‚ killed at least 4000 people.[ This prompted some of the first major modern environmental legislation‚ The Clean Air Act of 1956. Pollution began to draw major public attention in the United States between the mid-1950s and
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The qualities a Medical Administrative Assistant should possess‚ there are many of these here are just a few of these qualities the M.A shall possess. Which include people skills‚ communication skills‚ analytical skills‚ planning activities‚ and computer skills. A realistic example of one of these qualities would be; if a patient comes into the office very irate and upset about the amount they were charged on their bill. Having good people skills will help you out with calming the patient down and
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