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storchak [24]
3 years ago
9

As a marketing manager what efforts you can put in place that can shape your companies brand to meet dramatic developments occur

ring in the marketplace everyday?
Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
7 0

Answer:

Marketing is a broad subject with various techniques and tools. Thus, there can be a lot of methods through which a marketing manager can stabilize the operations of company to some extent. The main methods are as follows :

1. Use of social media :

Almost every second individual in our society is actively engaged in social media. Therefore, it is an efficient as well as relatively less expensive method of targeting the audience.

2. Knowing the audience :

One best way to hedge the market uncertainties is to completely understand the behavior of your customers. Thus, one can conduct research on different levels to understand customer preference.

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At the current prices of goods X and Y, the quantity demanded of good X is 10 units, and the quantity demanded of good Y is 5 un
damaskus [11]

Answer:

When the price of good y increases by 10% it will result in the quantity demanded of x to increase by (0.6*10) =6%. The current quantity demanded of good x is 10 so a 6% increase will mean the quantity demanded of x will be (1.06*10)= 10.6

Explanation:

The cross elasticity of goods x and y is 0.6, which means that a one percent increase in price of good y will increase the demand for good x by 0.6%, this means that x and y are substitute goods, as when the price of y increases people tend to buy more of x.

When the price of good y increases by 10% it will result in the quantity demanded of x to increase by (0.6*10) =6%. The current quantity demanded of good x is 10 so a 6% increase will mean the quantity demanded of x will be (1.06*10)= 10.6

8 0
3 years ago
If price and demand do vary over time in a global network,
mestny [16]

Answer:  The correct answer is :   c. flexible production capacity can be configured to maximize profits in the new environment.

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4 0
3 years ago
A person who is highly knowledgeable or skilled in a particular domain, such as physics, anesthesiology, or teaching is best des
BaLLatris [955]
<span>They are described as an expert. These people train several years to become some of the best in their field and also offer their own ideas and methods to make their domain grow and change. They are paid well based on their experience and skill.</span>
5 0
3 years ago
A salesperson is trying to sell you a phone that has 16gb of memory saying, “that’s enough space to record an hour of high quali
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The Parvizians own several oriental rug stores in and around the Washington, DC, metropolitan area. It is expected that as each
Alex777 [14]

Answer:

The correct answer is (b)

Explanation:

It is generally said that if you’re in a family business you are in a partnership. The partvizians is a family which owns several rug stores. When their children will take over the business they will be considered partners. They will own the business equally and they will share the profits and losses.  It is also known as a family-owned business where two or more family members run a business and act as business partners.

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