Differences between the consumer and business buying process, Marketing Research

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Question 1:

As "Sarjua? brand introduces into America and sells to large supermarket chains, it is important that the company understands the stages of the consumer decision-making process.

(a) Explain the differences between the consumer and business buying processes.

(b) List and explain the stages of the consumer decision-making process.

Question 2:

(a) Relate the relevance of designing business portfolio by providing a definition and stating what companies must do in order to design their portfolio.

(b) Explain the Boston Growth-Share Matrix (BCG Matrix), and illustrate with a diagram in order to show how a company may plot its products or services so as to allow them take better strategic decisions.


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