Institutional buying is often different from consumer

Assignment Help Operation Management
Reference no: EM131144966

Institutional buying is often different from consumer buying in that the institutional buyer is less prone to irrational advertising. For example, Planter's peanuts employs walking and talking peanuts to help get its message across. However, do you think that a buyer for a hardware store would be impressed by walking and talking screwdrivers when deciding which screwdrivers to buy? With this in mind, please describe 3 other differences when comparing institutional buying to consumer buying. You may use the text or the internet to help you answer this question. However, please be sure to cite your sources.

Reference no: EM131144966

Questions Cloud

Find source that discusses the communication process : Use the Internet to find a source that discusses the communication process. What are the steps in the communication process? What do you think is the relationship between diversity and communication styles? Provide an example.
How much of the new investment must be financed by common : To maintain the present capital structure, how much of the new investment must be financed by common equity? Assume that there is sufficient cash flow such that Tysseland can maintain its target capital structure without issuing additional shares of ..
Primary goal of increasing corporate social responsibility : Develop a new strategic plan for an organization (fictional or adaptation of an existing one) with the primary goal of increasing corporate social responsibility (CSR). Choose an initiative for the organization that will address this strategic goal. ..
What is the value of net domestic product : a. What is the value of GDP? b. What is the value of net domestic product? c. What is the value of net investment? d. What is the value of net exports?
Institutional buying is often different from consumer : Institutional buying is often different from consumer buying in that the institutional buyer is less prone to irrational advertising. For example, Planter's peanuts employs walking and talking peanuts to help get its message across. However, do you t..
How is the mps related to the saving function : If consumption increases by $12 billion when real disposable income increases by $15 billion, what is the value of the MPC? What is the relationship between the MPC and the MPS? If the MPC rises, what must happen to the MPS? How is the MPC related to..
How is the mpc related to the consumption function : If consumption increases by $12 billion when real disposable income increases by $15 billion, what is the value of the MPC? What is the relationship between the MPC and the MPS? If the MPC rises, what must happen to the MPS? How is the MPC related to..
Deliver all customer orders within one hour : A pizza delivery company promises to deliver all customer orders within one hour of receiving an order at one of its stores. Actual data for all pizza delivered during the past week showed that the average delivery time was 40 minutes and standard de..
What percentage of the time is the postal clerk busy : Automobiles arrive at the drive-thru window at the downtown Fort McMurray post office at the rate of 4 every 10 minutes. The average service time is 2 minutes. The Poisson distribution is appropriate for the arrival rate and service times are exponen..

Reviews

Write a Review

Operation Management Questions & Answers

  Two managers are debating the effect of adding something -

two managers are debating the consequences of adding something - well call it component x - to their firms

  About your ability to complete less significant tasks

You really want to be assigned an important project but worry that your boss will not give it to you. Your boss has expressed concern lately about your ability to complete less significant tasks. You are upset and feel these tasks are beneath you and..

  What are the different ways to measure performance

What are the different ways to measure performance of an employee?

  Discuss the legal and ethical issues

Your essay should be 1800 - 2450 words and in APA format. Use at least seven credible sources for your essay#question..

  Differences between probability-coincidence

What are the differences between probability and coincidence? Can the probability be more than 1 or less than 0? Explain why or why not.

  What are the best styles to have as a leader

The textbook gives examples of what is expected of leadership styles in different cultures. Give examples of the leadership styles discussed in different countries. What are the "best" styles to have as a leader?

  Map coordinates of the new factory

What should be the map coordinates of the new factory? Graph the locations of the four factories and the proposed raw material factory.

  The basic approaches to ethical decision-making

Explain why you think it's important for a manager to understand the basic approaches to ethical decision-making and what steps a business organization needs to take to ensure ethical conduct.

  Career issues-playing up intrapsychic and systemic issues

Discuss the following ethically challenging vignette: (Be sure to review the 2014 ACA Code of Ethics, posted on the Resources Page in the Course Menu) "The Community Mental Health Center where you work insists on down-playing career issues and playin..

  Formulate a linear programming model that can be used

Formulate a linear programming model that can be used to perform data envelopment analysis for hospital E. Solve the model. Is hospital E relatively inefficient? What is the interpretation of the value of the objective functi..

  Explain what is his reasoning for the conclusion

According to Carr, can a company derive strategic value from investing in IT. What is his reasoning for the conclusion

  What techniques does the company use for inventory

What techniques does the company use for INVENTORY. You are expected to explain how the company is MANAGING their inventory? What are the strategies, techniques, tools, or software are used for that purpose

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd