The marketing team need to <u>"create a promotion strategy to increase customer awareness."</u>
Promotion is the point at which a business chooses which types of communication it needs to use in their marketing plan. Research is done that points of interest statistical surveying, division, and spending plan. Huge organizations may complete a national crusade, particularly if the brand is as of now well-known to the purchaser. Littler organizations, with less assets, may utilize coordinate offering until the point when they have a bigger spending plan for advertising.
Answer:
1.8 hundred or 180 Items
Explanation:
Total Revenue is the total value of goods & services sold.
TR = Price x Quantity
Total Revenue = 80q - 5q^2
Marginal Revenue is the change in Total Revenue, when an additional unit is sold.
MR = ΔTR / ΔQ
= d ( 80q - 5q^2 ) / dq
MR = 80 - 10q
To find : Quantity 'q' at which Marginal Revenue (MR) = 62
So, 80 - 10q = 62
80 - 62 = 10q
18 = 10q
q = 18 / 10
= 1.8 hundred items
= 180 items
Answer:
Word of mouth.
Explanation:
Word of mouth publicity or marketing strategy is very reliable and essential to grow. It is free of cost publicity where consumer spread company´s brand name with the experience they had. Here, each customer could bring hundred of customers if had positive experience with the goods and services of the company. This publicity have a power of getting many loyal customers as experienced customer put their credibility on line. It also help the company to penetrate in the market and grow their market share. To encourage customer, companies also come up with different campaign or promotion plan for loyal customers.
Answer:
- Interpersonal.
- Decisional roles.
- Interpersonal.
Explanation:
Managerial Roles: <em>Henry Mintzberg</em> has identified the roles managers play as they engage themselves in work. Managerial role refers to any specific action that is expected by a manager.
- Interpersonal roles: These are the ones that involve people and other duties that are ceremonial and symbolic. There are 3 informational roles that a manager plays <em>Figurehead, Leader, and Liaison.</em>
- Decisional roles: It involves making decisions or choices, There are 4 decisional roles <em>Entrepreneur, Disturbance Handler, Resource allocator, and Negotiator.</em>
- Informational roles: These roles involve receiving and transferring of information, It also involves 3 roles, <em>Monitor, Dissemniator, and Spokesperson.</em>