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Phantasy [73]
3 years ago
10

Choose a well-known company that you are familiar with, and explain how that company could use each of the five P's of the marke

ting mix to achieve its brand image and sales goals.
Business
2 answers:
Mademuasel [1]3 years ago
8 0

Answer:

HP can utilize the five P's to accomplish its image picture by making a proficient item, being in a favorable spot, serious evaluating, advancing their items, and partner the organization with individuals

Svetach [21]3 years ago
4 0

Answer: The answer is promotion, product, price, and place

Explanation:

The marketing mix are the various elements of marketing that is needed to be carefully employed by any organizations in order to achieve the greatest success in their business. It is also necessary to combine them in the most effective way given the circumstances at any particular time..The marketing mix is divided into four which are

Promotion : This is the activities which an organization used in order to enable the consumers know the usefulness of their products and also to appeal to them to buy their products. This includes advertising, selling, public relations and the creation of a brand image where this is advantageous

Product : This is the combination of products or services the organization sells to the target market. This include product design, manufacturing quality, and after sales services.

Place: This is the amount consumers have to pay to acquire a product or services. The price must relate to the product quality and the particular market aimed at. The policy of granting credit also falls under price as well as discount, and allowances.

Place: This involves all distribution, handling and transportation activities needed to carry products from producer to consumer. The elements of place includes channel of distribution, coverage, location, inventory and transport.

The particular marketing mix used at any one time will depend on the circumstances such as the economic climate, the strength of the competition and the need for improved revenue. Different organizations, even in the same industry will use different mixes successfully because their particular case demand a particular mix. For instance, in a competitive industry where there is very little differences between the various maker such in the production of soft drinks such Coca-Cola and Pepsi they may used general price range, heavy promotion on a particular aspect of its product may be used by the manufacturer of the product to emphasise a particular attractive feature which may not be present in the product of its competitors.

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Sheffield Realty Corporation purchased a tract of unimproved land for $115,500. This land was improved and subdivided into build
monitta

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
4 0
3 years ago
Hakimo Corp., a manufacturer of audio equipment, has developed a unique wireless speaker system that runs on solar power. The sp
Pavel [41]

Answer:

<u>discontinuous innovation.</u>

Explanation:

Discontinuous innovation occurs when a new product is launched in the market that influences the design of new consumption habits, new value and new market.

They can also be called radical technological innovation, as they not only add value to an existing product, but create a product that can meet needs that were not possible with a previous product, so it is justified to say that there is a new product and market, such as analog cameras and digital cameras.

There is greater risk and cost in creating a product of discontinuous innovation than incremental product continuation, because creating something new involves many processes, time and costs, and there is still the possibility that the product will not be accepted in the marketplace. Therefore, it is essential for the company to conduct research and development, marketing research, create something that adds value and has a low cost to consumers, and then invest effectively in discontinuous innovation.

3 0
3 years ago
much to the chagrin of established firms, one clear supertrend is that products and services must get to market faster because
Anton [14]

Much to the chagrin of established firms, one clear super trend is that products and services must get to market faster because "more competitors are offering targeted products."

This is because it has been observed that several start-ups firms offer similar products to what the established firms are had as a business idea. Not only that, but they also target the same group of consumers.

Therefore, to remain top of the game and beat the startups out of business, the established firms must ensure their business ideas are quickly turned into products or services and get to the market faster.

Otherwise, the startups will take over their business ideas and a huge part of their targeted consumers.

Hence, in this case, it is concluded that the established firms must be proactive if they want to remain above the rest of their competitors.

Learn more here: brainly.com/question/17557971

5 0
2 years ago
____ includes) the application of knowledge, skills, and tools to achieve a specific business objective
nlexa [21]

<u>Project management</u> includes the application of knowledge, skills, and tools to achieve a specific business objective.

Project management refers to the use of specific knowledge, tools, skills, and techniques in order to deliver something of value to people. For instance, developing software for an improved business process, relief effort after a natural disaster, construction of a building, the expansion of sales.

Project management goals are set to achieve a specific business objective through a successful development of the project's procedures of planning, initiation, execution, regulation and closure as well as the guidance of the project team's operations.

Hence, project management achieves a specific business objective.

To learn more about project management here:

brainly.com/question/4475646

#SPJ4

4 0
1 year ago
what are the positives and negatives of starting your career planning now while still in middle school?
andrey2020 [161]

+ is you know what you are looking for in life, what are your goals and what you need to do to achieve them.

- is getting bored soon (changing your mind), and not enjoying your childhood.

I hope i helped :)

6 0
2 years ago
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