Marketing is basically selling and advertising. Estimating what price consumers are willing to pay for a product and if the firm can make a profit selling at that price‚ is an example of a production activity. Marketing can provide needed direction for production and help make sure that the right goods and services find their way to interested consumers. Customer satisfaction is the extent to which a firm fulfills a consumer’s needs‚ desires‚ and expectations. Marketing encourages the development
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SALES PRE-APPROACH The preapproach step includes all the information-gathering activities salespeople perform to learn relevant facts about the prospects‚ their needs‚ and their overall situation. Then‚ on the basis of this information‚ salespeople plan their sales presentations‚ selecting the most appropriate objective for each call. Customer Research The sales rep should learn everything possible about the prospective customer’s business—its size; its present purchasing practices; the location
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advertising b. price‚ personal selling c. advertising‚ sales promotion d. personal selling‚ sales promotion e. advertising‚ personal selling 2. An advantage of personal selling is not: a. two way communication. b. reaching a massive number of people quickly. c. detailed explanation. d. direction towards qualified prospects. e. all are advantages of personal selling 3. Compared to other promotional tools‚ the most important advantage(s) of person selling is in: a. locating prospects
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training for them to understand the code of ethics as they may not know how to follow the ethical standard in some situation. In the training lessons‚ they will face some ethical dilemma‚ this gives them a guideline to handle it when they face in the selling process. Besides that‚ sales managers must ensure that their salespeople are aware of their legal responsibilities. They must provide
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E-BUSINESS - BEB3014 TUTORIAL 6 Read the case study and answer all questions. For more than 60 years‚ Oxfam has worked through and with its donors‚ staff‚ project partners and project participants to overcome poverty and injustice around the world. Early in World War II‚ Greece was occupied by German Nazis. Allied forces created a naval blockade around Greece to prevent further German expansion; however‚ the blockade created severe shortages of food and medicine among Greek civilian communities
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Company Selling/Customer Service Jardine Cycle & Carriage was a leading distributor of motor vehicles in Singapore. So successful had its efforts been in developing the market for its flagship brand of Mercedes Benz cars that parallel importers entered the market to compete for a slice of the pie. C&C had tried to counter the parallel importers through various means such as negative advertising‚ withdrawal of warranty services and discrimination against Mercedes that were not purchased from the
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to sell their inventory as quickly as possible. The faster inventory sells‚ the sooner cash comes in. Inventory turnover‚ measures the number of times a company sells its average level of inventory during a year. A fast turnover indicates ease in selling inventory; a low turnover indicates difficulty. A value of 6 means that the company’s average level of inventory has been sold six times during the year‚ and that’s usually better than a turnover of three times. But too high a value can mean that
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their bodies. Additionally‚ many plainly declare that sale would increase the supply and not diminish the percentage of altruistic donation (Rothman 70). Finally‚ advocators for legalization state that it would be a natural incentive to help escalate the amount of donations. To summarize‚ supporters of organ selling believe that financial benefits might encourage people to donate and should be a normal part of a free enterprise system. Indeed‚ many might believe legalization of the selling of organs
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Objections…………………………………………………. 6 1. Altruism…………………………………………... 6 2. Exploitation and Coercion……………………….. 7 3. Slippery Slopes…………………………………… 8 IV. Solution……………………………………………………. 9 V. Kidney Market in Pakistan………………………………… 9 VI. Conclusion………………………………………………… 13 2 Selling Kidneys: Right or Wrong? I. Introduction Living‚ despite having a failed essential organ was a dream till 1954. Joseph Murray successfully performed a kidney transplant in 1954 and made the dream of many come true. Since then‚ organ transplantation
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L.A Creative 1) Do you currently sell any laundry detergents in you convenience store? -Yes we have some 2) Are there any issues with this sector? -Yes‚ people buy it very seldom‚ because they tend to purchase laundry detergents at the bigger stores‚ such as Canadian Tire 3) What is the impact of that? -The invertible turnover is really slow‚ because there are not much sales in this sector
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