Assignment of Microeconomics: Dr.Priyanka Mallick EPGP-04A-068 Monopoly 1. A firm faces the following average revenue (demand) curve: P = 120 - 0.02Q where Q is weekly production and P is price‚ measured in rupees per unit. The firm’s cost function is given by C = 60Q + 25‚000. Assume that the firm maximizes profits. What is the level of production‚ price‚ and total profit per week? Ans1. Level of optimal production is obtained by setting Marginal Revenue equal to Marginal Cost
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more standardized‚ mass marketing is used and the relationship between buyer and seller is impersonal. On the other hand‚ B2B uses a more personal relationship between the buyer and salesperson‚ decisions are made by a group of members‚ products are more complex and customized and therefore rely on personal selling for their communication. Rather than end consumers‚ the focus of B2B is to understand and meet the needs of other businesses. According to de Chernatony & McDonald’s (2003): a brand is a cluster
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Factors affecting consumer behavior in B2B markets in India B2B buying behavior is influenced by a selection of variables. These variables are divided into four fundamental classes: 1. Environmental 2. Organizational 3. Interpersonal 4. Individual Table below illustrates this classification and exemplifies variables being used. The variables are also grouped in task and nontask variables that apply to all other classes. The task variables are directly related to the buying
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To B2B marketers 1) Have you used Inbound marketing techniques like Social media marketing‚ Mobile ads etc.‚ ? If yes‚ which ones & how? 2) Have you used outbound marketing techniques like Social email marketing‚ direct selling etc.‚ ? If yes‚ which ones & how? 3) Which marketing channel do you spend the most on & why? 4) How is the lead qualification pursued? On what basis is the decision to pursue a lead or not based upon? 5) Based on what parameters do you score leads & prioritize the leads
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‘Veolia Environnement Communication Strategy’ Word count: 7‚401 Executive summary Waste management‚ water and energy are all synonyms of today’s society’s growing concern. With the effects of global warming increasing there is more pressure from all governments and society as a whole to contribute to environmental awareness and amelioration. Thus this provides a durable sector for businesses to expand in. Veolia Environnement is a multinational organization that attempts to reduce the amount
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B2B – benchmarking method analysis What is benchmarking ? Benchmarking is the systematic process of comparing business processes and performance metrics to industry best practices in terms of quality‚ time‚ and cost dimensions‚ and making such comparisons the bas to do things better‚ faster and cheaper. Why should you choose to run a benchmarking project ? * 75% of American organizations or companies conduct a benchmarking project every year : this is a proof that it is essential in
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References: Cespedes‚ F and Rangan‚ K 1993‚ ‘Becton Dickinson & Company : VACUTAINER® Systems Division’‚ in Harvard Business School case 592-037‚ Harvard Business School‚ Boston. pp. 495. Hutt‚ M‚ & Speh‚ TW 2010‚ Business Marketing Management: b2b‚ 11th edn‚ Cengage Learning‚ South Western.
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B2B vs. B2C Marketing Marketing differs between business to business and business to consumer in a few different ways the main one is the emotional experience of the buyer. The marketing programs are the same‚ which includes: events‚ direct marketing‚ internet marketing‚ advertising‚ public relations‚ word of mouth and alliance. The difference is how each marketing program is executed‚ what is said in the program‚ and the outcome. Business to Business or B2B marketing and Business to Consumer
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Distribution and Channel Management B2B‚ B2C‚ C2C configuration and distribution examples Business-to-business (B2B) basically describes commerce transactions and interactions between different businesses‚ for example‚ between a wholesaler and a manufacturer‚ or a retailer and a wholesaler and is generally the selling process of goods and services between businesses. B2B transactions usually involve large sumы of money‚ and normally take more time to be conducted than‚ for example‚ business-to-consumers
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Is B2B Marketing dead?? How has technology affected B2B marketing? In the current market scenario‚ where all kind of information is available to suppliers‚ customers and manufactures‚ there is a general belief that B2B marketing is dead. But the fact is that B2B marketing is still alive. In the previous market scenario‚ before the advent of information systems or the internet‚ the information held by the vendors and manufactures was the unique selling point. In that case B2B marketing was very important
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