Close substitutes B. Diseconomies of scale Correct C. Government licensing D. Price-taking behavior Answer Key: C Question 3 of 19 5.0 Points Other things equal, which reduces competition in an industry? A. Patent laws Correct B. Freedom of entry for new firms C. An increase in the number of producers D. An increase in the number of buyers Answer Key: A Question 4 of 19 5.0 Points The representative firm in a purely competitive industry: A. Will always earn a profit in the short run B.
A) personality B) self-concept C) involvement D) demographics E) brand image Answer: C Page: 484 Difficulty: moderate 7. Which of the following is a situation in which consumer behavior occurs? A) communications situation B) purchase situation C) usage situation D) disposition situation E) all of the above Answer: E Page: 484 Difficulty: easy 8. Which of the following is NOT a situation in which
a) On eBay the large sellers dominate the market. b) Sellers sometimes do not describe the products accurately on eBay. c) There is a great variety of different products sold on eBay. d) It is easy to enter and easy to leave eBay. Final Exam Answers just a click away BUS 475 Capstone Final Examination Part 1 (100% Accurate) 3.
Looking under the photo at the bottom of the page are the companies website as well as contact sources, following its manufacturer of the year award emblem. To begin with, the advertisement is intended toward males, since it was after all in a car magazine. However, it just as well targets those females with a passion for vehicles. Anyone is welcome to read the advertisement, for companies want as much business as possible. In the attached
Additionally, Costco has a goal of 3) maintaining its employee workforce, as high employee job satisfaction has translated into exceptional customer service and low employee turnover (Costco, 2012). The three standards to be chosen would be inventory turnover, store profitability and employee satisfaction. As I noted prior, the key to Costco’s success has been its ability to acquire popular goods and sell them quickly at minimal operative cost. A measure of inventory would be able to evaluate any significant trends in goods. If the inventory were to rise significantly for any particular item, it would indicate either the item is not popular, viewed as too expensive, or may be held up, off-site warehouses (depots) However, the turnover of goods is maximized by a seven day, 69 hour work, which includes weekends.
Price for the product • The product is a marketing communication vehicle. It carries information and persuasion yes, and it delivers an audience (w/profile) to customers/advertisers First 3 bullets are not strategic dimensions, they are outcomes of strategic decisions What is the significance of the problem to the subject? • Click-through (CTR) business model is gaining popularity over MedNet’s impression model (CPM). • MedNet’s Ads - Clients are concerned about the value generated for the money spent. • Competitors like Marvel are wooing customers with low cost per click-through • Condition-specific websites like cholesterol.com has a better chance of converting a visitor to a customer.
A. Jeremy, a seller, uses price discrimination to meet a competitor's price. B. Alex, a seller, sells similar quality products to two customers at different prices around the same time. C. Marcos, a seller, increases product prices because of increased costs of production and packaging. D. Chang, a seller, offers a service to a particular customer for a reduced price. Click here to download LAW 531 Week 5 15.
BUS/620 Ashford Tutorials (Managerial Marketing) Entire Course Purchase Here: http://www.homeworkfiles.com/product/bus620-ashford-tutorials-managerial-marketing-entire-course/ Visit www.homeworkfiles.com For More Help Product Description BUS 620 (Managerial Marketing) Entire Course BUS 620 Week 1 What is Marketing? Marketing has often been defined in terms of satisfying customers’ needs and wants. Critics, however, maintain that marketing goes beyond that and creates needs and wants that did not exist before. They feel marketers encourage consumers to spend more money than they should on goods and services they do not really need. What is your understanding of the role of marketing and the marketing management process?
Central Michigan University MSA 603 By: Ben Presnell 1. Describe Costco’s Business Model. * Costco’s business model was to generate high sales volumes and rapid inventory turnover by offering members low prices on a limited selection of nationally branded and selected private-label products in a wide range of merchandise categories. A. Model Components and Profit Generation.
There are pros and cons to this marketing approach. State your agreement or disagreement with this practice using your understanding of the information presented in the lectures, text readings and other relevant sources. Your response should include the following: * A description of the target market for electronic discount coupons. * An analysis of at least two of the 4Ps that apply in marketing this service. * Explanations of one advantage and one disadvantage associated with using this service from the perspective of the business owner or the customer redeeming the coupons * An explanation of your position for or against the use of electronic discount coupons.