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What are Standardisation, Grading, and Branding in marketing functions of physical treatment?
Standardisation, Grading, and Branding:
Standardisation implies setting up of requirement of a product. Grades of agriculture products are based upon such specifications and standards. Industrial goods are specified brand names by their manufactures to convey to the customers which their goods conform to specific precise standards. Such activities promote the sale of products.
What are very carbadictory strategies of pricing new products? Pricing new products should choose in between two very carbadictory strategies as given below here: 1. A high
Illustrate the changing packaging in strategic decision? Changing the packaging: This may want to take the advantage of a new development like the container invented of la
Determine the Number of decision-makers In consumer markets a single person very often makes decision. In organisational markets decisions are made by many people within buy
What is marketing audit in MIVE? Marketing audit: The marketing audit is, within some respects, where the raw material for the strategic control. Its function is to perio
Two stage channel of distribution This is the most commonly used channel of distribution for the sale of consumer goods. In this case, there are two middlemen used, n
Identify all the environment factors that can affect the demand for consumer durables and assess the magnitude and direction for their impact
Question : (a) Customer Relationship Management is a strategy used by many organisations nowadays. Discuss the main goals for adopting this strategy by organisations. (b)
The purchase of the smartphones by the netizens has a psychological or functional motive?
Nike's use of "sweatshop labor" in Southeast Asia led to a wave of protests against the company in the United States. Not only did this hurt Nike's reputation, but it also adversel
The road to market leadership has not been without potholes however. In 1998, the company attempted to extend its brand by entering the herbal supplements market, rolling out a lin
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