Answer: Marketing myopia
Explanation: Several corporations incorrectly take a brief-sighted attitude to market in ' Marketing Myopia, ' seeing it as simply a method for selling products. Because of the brief-sighted mentality and misconception that a corporation is in a so-called' growth industry,' the Myopic societies, Levitt theorized, will open the way for a company to collapse.
This conviction results in self-confidence and a loss of vision of what consumers want. Such individuals are said to rely too much on the original product and failed to adapt directly to the customer's needs and desires.
Organizations need to determine and operate on the needs and wishes of their consumers to keep growing, not on the presumed durability of their items. In any case, it's not because the market is flooded that the reason for development is disrupted, delayed or halted. It's because there was a customer service failure.
Answer:
Net increase in Capital Assets with amount of USD 38,000/-
Answer:
correct option is d. No, because EVPI is $25, which is less than the consultant's fee of $30
Explanation:
given data
accuracy = 100 %
perfect information = $200
EMV = $175
to find out
Expected Value of perfect Information
solution
we know that Expected Value of perfect Information (EVPI) is the maximum that needs to be paid to obtain perfect information
so
Expected value of perfect information = perfect information - EMV ..........1
put here value we get
Expected value of perfect information = $200 - $175
Expected value of perfect information = $25
so correct option is d. No, because EVPI is $25, which is less than the consultant's fee of $30
High Cost Products Although average annual retail shrinkage hovers in the area of 1.5 percent, specialty stores carrying an inventory of high-demand products risk higher annual shrinkage due to theft.Or <span>Other high-risk products include men's and women's clothing at more than 3 percent annual shrinkage; </span>
Answer:
The correct answer is A. Avoiding government intervention
Explanation:
The marketing mix is a concept that is used to define all the tools and variables available to the marketing manager. In the digital world, the marketing mix strategy consists of adapting the product, price, place and promotion to the digital context.
The Marketing Mix is about putting the right product, in the right place, at the right time and at the right price. The hard part is doing well, since you need to know all aspects of your business plan.
For its part, the marketing mix is predominantly associated with the 4P’s of marketing, the 7P’s of service marketing and the 4 Cs developed in the 1990s.
So the Marketing Mix is basically composed of four main pieces that create the image of a successful business.
The price, the place or place, the promotion and the product, known as «4 Ps», are the basis of what your company is about. After all, selling the right product at the right price is how it is done in good business.