Consumer loyalty Study guides, Class notes & Summaries

BCG Growth-Share Matrix correct answers Cash Cow - High market share, low market Growth Stars - High market share, high market growth ?'s - High market growth, Low market share Dog - Low market growth, low market share Corporate Strategy correct answers Asks the question - What businesses should we be in? Strategic Business Unit Strategy correct answers Asks - How do we compete effectively against the competitors? Functional Strategy correct answers strategy by which managers in spe...

Fiduciary Representation - Answer- - Trust and confidence - Best interests - Loyalty 5 Ds of Role Clarity - Answer- 1. Discuss 2. Determine 3. Document 4. Disclose 5. Do Must disclose in writing - Answer- - the nature of services provided - whether professional has entered into representation relationship with other party - any conflicts of interest - any other facts that may influence consumers decision to proceed with relationship made to clarify and provide proof of undertan...

WSET Level 4 D2 Question with complete solution 2023Describe what happens when relative supply and demand change - When supply exceeds demand: price falls, consumer have greater choice of cheaper alternatives. Producers lower price to remain competitive. Fall in prices lead to increased demand in the long run - When demand exceeds supply: price increase, consumers willing to pay higher for some wines; others simply switch to another wine or a different alcoholic drink The general fact...

WGU C201 Study Set Latest 2022 Already Graded A Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? Evaluating results What is the result of a company increasing the delegation of authority and the span of control? Increased decision-making authority given to employees Which two key elements does an effective organization include? Human interaction Structure Why does a line organizational str...

WGU C201 Business Acumen Exam With 100% Correct Answers 2023. Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - Correct answerEvaluating results What is the result of a company increasing the delegation of authority and the span of control? - Correct answer-Increased number of direct reports per manager Which two key elements does an effective organization include? - Correct answerHuman ...

DECA Marketing Performance Indicators Questions and Answers Graded A Explain the concept of market and market identification. A market is a group of consumers who have a common interest, need or want of a given good or service. This group of consumers also must be able to purchase the product. Identifying a market is an important activity in marketing as products will not appeal to everyone. Marketers identify markets' common interests by classifying consumer's demographic, geographic and psyc...

COM4805 Assignment 4 2024 Answers/Solutions (Due 17 Jan 2024) COM4805 – Examination Portfolio Question 1 Louise van Dyk This lecture • Basics of Question 1 • Reading and Resources for Question 1 • How to approach and answer this question • Structure examples • Application examples Basics of Question 1 • Question 1: Fields of organisational communication – Essay – 2000 – 2500 words (5 – 7 pages in 12-point Arial and 1.5 line spacing) – 30 marks – Assignm...

An independent book retailer hosts private monthly book readings for existing customers to strengthen relationships with customers and increase sales of new books. Which stage of the consumer buying journey is this book retailer targeting? - Loyalty loop A user downloads a free game to a smartphone. Before the game begins, a digital message from the game company appears across the bottom of the screen promoting the game's new features. The user can exit this message. Which type of content ...

This assignment was awarded the distinction grade for the Level 3 BTEC Business course by Pearson. This assignment focuses on ASOS and McDonald's in part 1, and Aldi and Weetabix in part 2. This assignment contains an introduction, conclusion, and reference section, and fully discusses, explains, analyses, and evaluates all the criteria to get a distinction grade. These criteria that are covered are: P1 – The role of digital marketing as an extension of traditional marketing and the ...

MGT 103 BATES MIDTERM questions and answers 100% correct marketing started production based; engineers the activity, set of institutions, and processes for creating, communicating, deliver- ing, and exchanging offerings that have value for customers, clients, partners, and society at large Eras of marketing 1. production 2. sales era 3. marketing concept era 4. customer relationship era need precedes a want; underlying necessity -basic physical and psychological needs ...