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We defined marketing as, “the art and science of getting people to spend their money on your product rather than the other guy’s, and be happy that they did so.” Do you think that’s true? Does some Wizard of Oz person-behind-the-curtain get you to buy something by manipulating you through the 7 Ps? And is “manipulate” the right word for us to use? Which one of the Ps gets you to purchase – a great price? Superior product no matter what the cost? Or are you influenced by a cool promotion? Give an example of a product and why you bought/buy it. Be specific in referring to the 7 Ps in your post, and include which of the Ps is less relevant to you as well. Don’t forget that the Ps often are inter-related – there may be more than one P that influences your decision to buy a product. (Marketing Class)
In January of 2007 online movie rental service Netflix introduced a new feature to allow customers to watch movies and television series on their personal computers. Netflix competed with many video rental retailers, which added online rental service..
Compare to provide also demand conditions in both locations. How many people live in every place.
Assess what the results of the regression equation tells managers and how it is likely to impact decisions made related to maximizing profitability.
Suppose that the GDP of California increases by 8.0% each year. how long will it take for the GDP of California to double? Suppose that the gdp of Oregon today is exactly twice what it was 32 years ago. What was the average annual growth for Oregon o..
Suppose that TFP and the population of an economy are constant over time and equal to 1. Assume that everyone works and the labor input just equals the population. Assume that the capital stock in 2014 is 1. What is the amount of saving (and, hence, ..
a) What these numbers mean and how can they assist his business? What he needs to do to "make more profit"?
The goals of the _________ are to increase economic self-support and self-sufficiency, reduce abuse and neglect of children and adults, reduce inappropriate institutional care, and secure institutional care when needed. a. Social Services Block Grant..
The monetary base is $100bn, currency is $25bn and reserves $100bn. suppose that money supply (M1) is $200bn. What is the money multiplier? What is the currency deposit ratio? What is the reserve deposit ratio? If the currency deposit ratio increases..
Describe when you have experienced diminishing marginal utility. Also discuss opportunity costs you have had to pay in order to attend school
The following table shows the prices and quantities consumed in the country known as the United States. Suppose the base year is 1996. The fixed basket is determined by 1996 quantities. 1996 is also the base year. What are the costs of the basket in ..
Can you find a Nash equilibrium in pure strategies that is not efficient. In some legislatures, proposals for modifications of the law are formulated by committees.
Discuss equations for and graph the variable cost, average variable cost, and marginal cost of cleaning classrooms.
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