The original four Ps are product, price, place, and promotion. Modern marketing realities suggest a more representative
Fantastic news! We've Found the answer you've been seeking!
Question:
The original four Ps are product, price, place, and promotion. Modern marketing realities suggest a more representative set that encompasses modern marketing realities:people, processes, programs, and performance. Explain why these new 4Ps are important in any established or new business.
Expert Answer:
Posted Date:
Students also viewed these general management questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Question: What as the average weekly safety inventory level of refined sugar from the beginning January 2022 to the end of July 2022? A. 512,465.9691 metric tons per week B. 316,002.1474 metric tons...
-
Read and answer the question below. EMBRACE DEMOGRAPHICS AND SOCIETAL CHANGES Using Differences to Drive Value Force 7: Demographics and Societal Changes. One of the most important forces that is...
-
Q1. A 10-kg uniform rod ABC is connected to two collars of negligible mass which slide on horizontal, frictionless rods located in the same vertical plane. If a force P of magnitude 50 N is applied...
-
Show the effect of each of the following transactions on the basic accounting equation, by preparing a table like the one in Exhibit 2-3. The fiscal year end of the company (which has been operating...
-
The completed financial statement columns of the worksheet for Woods Company Inc. are shown below. Instructions (a) Prepare an income statement, a retained earnings statement, and a classified...
-
The data below relate to the month of April 20X1 for Marilyn, Inc., which uses a standard cost system: (a) Determine the total overhead variance for Marilyn, Inc. for April. (b) Analyze the total...
-
Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. After several rounds of negotiations, the offer under discussion is a cash offer of $352 million for...
-
write a paragraph of about 2 pages on "Storm Chasers
-
An ice skater is gliding along at 2.0m/s, when she undergoes an acceleration of magnitude 1.0m/s^2 for 3.0s. After that, she's moving at 5.0m/s. a) Find the angle between her acceleration vector and...
-
Analyze In the space below: 1. Define the Purpose of your Report. 2. Determine Who your Primary Audience is. a) Consider the extent to which it might go to someone else. What if it does? 3. ...
-
How do Software-Defined Networking (SDN) and Network Functions Virtualization (NFV) paradigms transform traditional network architecture, and what challenges might arise when implementing these...
-
David Brown was an Engineer in 1994 and earned $12,000 that year. His Daughter, Kelly Brown is an accountant and she earned $210,000 in 2018. The price index was 17.6 in 1994 and 218.4 in 2018. Kelly...
-
Active Life Ltd has decided to manufacture a new line of running shoes based on a $50,000, two-year feasibility study. The shoes will sell for $85 a pair and has a variable cost of $30 a pair. It is...
-
The pension fund you manage must make a payment of $250,000 in ten years. The ten-year interest rate is currently 8% per annum. You want to fund this liability using five-year zero-coupon bonds and...
-
` Champagne Ltd. and Ardenne Ltd.. two corporations of roughly the same size, are both involved in the manufacture of in-line skates. Each company depreciates its plant assets using the straight-line...
-
(a) As Section 17.3 discusses, high-frequency sound waves exhibit less diffraction than low-frequency sound waves do. However, even high-frequency sound waves exhibit much more diffraction under...
-
Repeat Example \(11-1\) except at \(400.0 \mathrm{kPa} . \mathrm{F}=1000.0 \mathrm{lb} \mathrm{mol} / \mathrm{h}, \mathrm{L} / \mathrm{D}\) \(=4.0\), distillate is \(99.9 \mathrm{~mol} \%...
-
Estimate the 2020 cost of the condenser and the reboiler (shell and tube, floating head) for Problem 11.D1. Steam is available at 41.0 barg, but due to pressure losses, the steam is at...
-
Determine steam and water operating costs per year and TAC for the distillation system described in Problems 11.D1 and 11.D2. Use 8000 h/year. Payback period is 3 years, and costs are based on 2020...
Study smarter with the SolutionInn App