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 marketing mix to achieve its brand image and sales goals.

Answers

Answer 1
Answer:

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.

Answer 2
Answer:

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


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Lance Rice has decided to invest $1,200 quarterly for five years in an ordinary annuity at 8%. The total cash value of the annuity at end of year 8 is?

What are closing costs?​

Answers

Answer:

fees paid at the end of a real estate transaction.

The media frequently reports on students with over $100,000 in student debt as symptomatic of a “student loan crisis.” Using the data above, make an alternative argument as to who is really feeling the stress of their student loans.

Answers

The student loans that are over 100000$ are usually stretched over a long period putting the brunt on the banking system.

Explanation:

The baking system invests the money that it loans out and the bigger the loan is the harder it is to get it back, which is why the banks look at the possible or handy assets of a person before loaning the money to them.

This is not the case in student loans as there is no way to ascertain how much a student will earn.

Many of these loans are being paid off in a matter of decades which justifies the interest rates drawn by the market.

The easier solution to this is making education public  instead and removing the hefty fees in the institutions.

What elements of socialism does the U.S. economy include?

Answers

Answer:

Libtards

Explanation:

. Which of the following is not a way business markets and consumer markets differ? the nature of the buying unit
market structure and demand
the decision process used
product research process

Answers

Answer:

Product Research.

Explanation:

Product research is like a background check for a new product idea. The research process includes checking on similar offerings already in existence and estimating the selling potential of the proposed new product

Whereas there is a Consumer Market or  a Business Market the same process must be developed for product Research purposes.

Final answer:

The product research process is not a fundamental difference between business markets and consumer markets as both markets employ similar methods to gather insights about products.

Explanation:

Business markets and consumer markets differ in various ways, such as the nature of the buying unit, market structure, and demand, as well as the decision-making process. However, one aspect where they do not usually differ is the product research process. Both types of markets often employ similar methods for conducting product research, including online studies, surveys, or focus groups, to collect data and insights about prospective and current products.

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Production activities are done as needed in order to satisfy a specific demand.

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Hi there!

Usually, this is the case.  However, just like when hoverboards first came out, there was a shortage of hoverboards and production activities had to ramp up production.  However, after a few months, production activities were at a high level, but demand petered out.  

-AwesomeRepublic  :)

Final answer:

Production activities are processes a company uses to create goods or services, which are performed as needed to meet customer demand. For example, a rise in demand for eco-friendly products may lead a company to adjust its production accordingly.

Explanation:

The subject of your question relates to Business, specifically to the concept of production activities and demand. In the field of business, production activities refer to the processes a company undertakes to create goods or services. They are performed as needed to fulfill a specific demand, meaning they are driven by the needs and wants of customers. For instance, if there's a high demand for eco-friendly products, a company will adjust its production activities to manufacture such items.

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The practice of moving employees from one job to another to make work more interesting is called

Answers

This practice, which is often done in various corporations, is called job rotation.

Job rotation is defined as a method done by the employers to move employees to various job positions throughout their employment period with the company.

It is commonly thought that conducting job rotation would increase the skills of the employees and make the job more interesting for them.

Final answer:

Job rotation is a technique used by businesses to stimulate employee engagement and prevent job burnout by shifting employees between different roles within the company. It enriches the employee's experience and skills, fosters understanding of the overall business, and can lead to innovation.

Explanation:

The practice of moving employees from one job to another to make work more interesting is called job rotation. It is a strategy used by businesses to keep employees motivated and interested in their work, prevent job burnout, and enable employees to develop new skills and insights. It's part of a larger focus on employee development and retention strategies in the workplace.

This strategy can work within the same department or across different ones, enriching the employee's experience and understanding of the overall business operations. For example, in a manufacturing company, an employee may rotate from working on the assembly line, to quality control, to packaging. By rotating jobs, workers gain experience and skills by venturing into different roles within the company, thus avoiding monotony and boredom. Moreover, this strategy can potentially lead to innovation, as employees bring fresh perspectives and approaches to their new roles.

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