Question: c) While doing marketing, you understand that competitive environment is one of the powerful external forces that affect the marketing environment. Identify and briefly explain

c) While doing marketing, you understand that

c) While doing marketing, you understand that competitive environment is one of the powerful external forces that affect the marketing environment. Identify and briefly explain the competitions that you might face. (6 marks) d) It is important to understand the influences of consumer behaviour while doing marketing. Why do you need to study the influences of consumer behaviour? Explain any TWO influences of consumer behaviour which you find important in influencing customers' online shopping. (4 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

QUESTION 2 Assuming that you are doing an online business. a) Discuss what must you do to increase value for customers. (Provide 4 points) (4 marks) b) Explain the THREE pricing tactics that you can...

My consumer product is Electric scooter, product link for example: Apollo Ghost: https://apolloscooters.ca/products/apollo-ghost make and present the Marketing Plan in a formal manner suitable for...

PowerPoint Presentation Present to executive management and the board of directors. Present an executive level presentation noting what was discovered. Powerpoint presentation of the two sections...

1.Assumethatconsumptionor usage plays a role in brand identity in order to critically analyze the notion that a popular and powerful advertisement is as important and meaningful as the biggest story...

1.Review the section \"Statistical Process Control Defined.\" Explain how environment and the Five M's can affectprocesses used in the following: Only pick one of the following a. A hardware store b....

SECTION B: DISCUSSION QUESTIONS [ 2 5 ] Canefully read through the following discussion questions before answering [ 4 ] QUESTION 1 You are an inventor of a new product. As an engineer, you have...

Essay Questions Chapter 7 Policy and Strategy Management 86. To achieve long-term prosperity, strategic planners commonly establish long-term objectives in which seven areas? Describe each briefly....

The New World Reality of Benefits Communication Alexander, Sheri. Employee Benefit Plan Review 68.11 (May 2014): 13-14. One of the biggest challenges of modern benefits is explaining them to...

Study Guide Strategic Business Management By A. J. Cataldo About the Author A. J. Cataldo is currently a professor of accounting at West Chester University, in West Chester, Pennsylvania. He holds a...

A state has averaged one small business failure per week over the past several years. Let x denote the number of small business failures in the next eight weeks. Use the Poisson distribution to find...

Two identical 10-lb slender rods AB and BC are welded together to form an L-shaped assembly which is suspended from a hinge at B and is at rest in a vertical plane. A 0.03-lb bullet strikes the...

Life insurance can do all of the following EXCEPT: A Protect accumulated wealth from erosion through taxes B Pay off existing debts C Maintain survivors' living standard D Predict the future

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...