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Question 1: What was your firm's overall strategy from the beginning? B) Did your strategy change during the simulation?
Question 2: Going forward, what is the single major strength of the firm that new management could leverage? B) What single weakness should be corrected?
Question 3: Explain the importance of managing each of the four parts of the marketing mix. Reference the way you specifically used each during your run in the simulation. Please label each section E.g. Product Strategies, Promotional tactics, etc.
Question 4: Is there any area of marketing you wish you had concentrated on more? Why?
Question 5: What were the learning opportunities for you in this simulation?
Explain Ebusiness and managerial decision making and the impact of e-business technologies on effective managerial decision making
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Assignment: Researching the Market. What psychographic characteristics define your target market? How do these impact your marketing strategy?
What is the value of a SWOT analysis? Describe any impacts a company can experience as a result of not conducting a thorough SWOT analysis.
Explain what a marketing channel is and why intermediaries are needed. - List the reasons why you need to restructure your channel of distribution.
Describe the factors that have accounted for sales promotion's rapid growth. Do you expect a continued increase in the use of promotion throughout the following
Identify the product positioning and brand strategy used by your two chosen companies. Relate the importance of product positioning to their brand strategy.
1 with all else being equal in the online environment goods with any of the following product characteristics are
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From VCI's perspective, what is the price of each unit of the new game - How much is VCI's gross profit on each of unit sold?
Which control should periodically reassess its approach to the marketplace with a good marketing audit?
Compare and contrast the price elasticity of supply and price elasticity of demand, and define income elasticity and how it distinguishes normal
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