Why has product differentiation become so important in sales and marketing?
Question:
Why has product differentiation become so important in sales and marketing?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
Many customers need help discovering th...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Selling Today Partnering to Create Value
ISBN: 978-0134477404
14th edition
Authors: Gerald L. Manning, Michael Ahearne, Barry L. Reece
Question Posted:
Students also viewed these Business questions
-
Why has ethics become so important in business?
-
Product differentiation is a hallmark of monopolistic competition, and the text lists four sources of such differentiation: physical differences, prestige, location, and service. How do firms in the...
-
The sales life cycle is used to describe the phases a product goes through from introduction to withdrawal from the market. The four phases are: (a) introduction, (b) growth, (c) maturity, and (d)...
-
Write an HTML document to create a form that collects favorite popular songs, including the name of the song, the composer, and the performing artist or group. This document must call one PHP script...
-
How do insurance companies price their products?
-
A stockbroker, Richard Smith, has just received a call from his most important client, Ann Hardy. Ann has $50,000 to invest and wants to use it to purchase two stocks. Stock 1 is a solid blue-chip...
-
Anthropologists see a strong correlation between social and religious change. Given the rapid globalization of the international economy, do you believe that religious violence is likely to increase...
-
Target prices, target costs, activity-based costing. Snappy Tiles is a small distributor of marble tiles. Snappy identifies its three major activities and cost pools as ordering, receiving and...
-
Amortization schedule with a balloon payment You want to buy a house that costs $250,000. You have $25,000for a down payment, but your credit is such that mortgage companieswill not lend you the...
-
Muscle Pro is a (fictional) public company engaged in selling protein powders and other performance-enhancing supplements. In 20x2, Muscle Pro was sued by a supplier alleging that Muscle Pro did not...
-
What are the most common sources of product information?
-
According to Ted Levitt, what is the definition of a product? What satisfactions do customers want?
-
The city of Rosebud has an annual budget cycle that begins on July 1 and ends on June 30. At the beginning of each budget year, an annual budget is established for each department. The annual budget...
-
Why is an industry with high operating leverage generally considered riskier than an industry with low operating leverage?
-
After five formal, Inc.. Is considering making an investment in a new cutting machine for its recently acquired Hollywood factory. The finance department is working on the analysis for the...
-
The Reeve Ltd Manufacturing Company Ltd has two production departments (Assembly and Finishing) and two support departments (Repairs and Engineering). The usage of the two support departments in 20X2...
-
Sweet Tunes Ltd. makes musical instruments. One of their products is a ukulele that has an annual demand of 3,000 units. The setup cost for each production batch is $900; it costs $15 to carry a...
-
At December 31, Y3, Mastiff Inc. had 6,000,000 common shares outstanding. An additional 1,000,000 common shares were issued on April 1, Y4, and 500,000 more on July 1, Y4. On October 1, Y4, Mastiff...
-
Some individuals have suggested raising the required reserve ratio for banks to 100 percent. a. What would the money multiplier be if this change were made? Assume people hold no cash. b. What effect...
-
Fill in each blank so that the resulting statement is true. 83 + 103 = ______ .
-
Paula Shannon, introduced at the beginning of this chapter, spends part of most weeks away from her Montreal home-based office, managing a global team of 70 sales professionals for Boston-based...
-
The key to successful time management lies in thinking and planning ahead. You must become conscious of yourself and decide what you want from your time. You can manage your time only when you have a...
-
One of the more interesting developments in sales force management is the use of customer feedback to improve the performance of salespeople. These programs go by a variety of names such as...
-
For a commodity, a supply function is given by, P = 2Qs + 4 a demand function is given by, P=CQD +9 (c > 0) I a. (3 points) Show that in matrix notation the equilibrium price, P, and quantity, Q,...
-
What is a job evaluation used to conduct an unbiased comparison and analysis of the utility comparison and analysis of the utility of roles within the organization? Job evaluations must be defined...
-
what is happening in each line of code? 2. a) Predict the output of the following code: def change (arr0): maxlen (arr0) arr1 = [] for i in range (max): arr1.append(arr0 [max - i - 1]) return arrl...
Study smarter with the SolutionInn App