United brands Study guides, Revision notes & Summaries

Issues in Retailing - answer- How can we best serve our customers while earning a fair profit? (race to the bottom) - How can we stand out in a highly competitive environment where consumers have so many choices? (Paradox of Choice) - How can we grow our business while retaining core loyal customers? - Communicating with millennials Paradox of Choice - answer- Less is more - Too much choice is stressful - 30% bought jam w/ less choices - 3% bought jam w/ 24 choices Core Customer - answ...

Retailing - Encompasses the business activities involved in selling goods and services to consumers for their personal, family, or household use. It includes every sale to the final consumer. OR How firms deliver products to end users. Ideal Retailer - - People person - Flexible - Be decisive - Have analytical skills - Have stamina Durable good stores - Motor vehicles & parts dealers, furniture, electronics and appliance stores, hardware stores - Make up 30% of US retail store sales ...

WGU C483 Principles of Management - (Pre-Assessment) Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? Analysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis? Strengths What denotes skills or expertise in an activity that constitutes the roots of competitiveness in an organization? Core competencies Ac...

Advertising - Answer-A communication tool using objectives and strategies to impact consumer thoughts, feelings, and actions. 2 requirements: centralized exchange, supply surpasses demand Central exchange and supply surpasses demand - Answer-the 2 requirements for advertising; central exchange is a currency transaction supply surp is just to make sure you have enough to go around and keep consumers satisfied Marketing Communications (Mar Com) - Answer-Tools used to communicate with custome...

BUSML 3250 Final Exam Questions and Answers Already Passed Which type of retailer usually carries more specialty goods at high prices and is more likely to provide customers with assistance in every phase of the shopping process? Full- Service Retailer Today, ________ are flourishing due to the increased use of market segmentation and market targeting. Specialty Stores ________ retailers in the United States are growing faster than product retailers Service A retailer that carr...

Principles of Management - C483 WGU (Pre-Assessment), questions and answers. 100% Accurate. Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? - -Analysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis? - -Strengths What denotes skills or expertise in an activity that constitutes the roots of competi...

BTEC International Business Unit 5 Assignment 1 Why Trade Internationally? In my essay I will be presenting the reasons why two businesses (BMW and River Island) operate in contrasting international markets. Using the information from this research I will equally proceed in explaining the types of finance available for international business and the main features of globalization that affect BMW and River Island. In addition to this I will explore the role of trading blocs on internation...

1. When the Western world turned to capitalism as the foundation of its economic system, the foundation was NOT suited for advertising. ANSWER: POINTS: DIFFICULTY: QUESTION TYPE: HAS VARIABLES: LEARNING OBJECTIVES: NATIONAL STANDARDS: STATE STANDARDS: KEYWORDS: DATE CREATED: DATE MODIFIED: 2. The rise of capitalism was one of the four major a. b. ANSWER: POINTS: DIFFICULTY: QUESTION TYPE: HAS VARIABLES: LEARNING OBJECTIVES: NATIONAL STANDARDS: STATE STANDARDS: KEYWORDS: DATE CREATE...

2024 WGU C483 - PRINCIPLES OF MANAGEMENT ACTUAL QUESTIONS AND ANSWERS WITH COMPLETE SOLUTION A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Ans- Delivery of products or services What happens when an effective value chain is created? Choose 1 answer Profit margins are increased. A missi...

A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Delivery of products or services what happens when an effective value chain is created profit margins are increased industry and market, competitor analysis, and social analysis are examples of which step in strategic planning process Analysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples o...