Strategic Implications of 4P
Write a short description on the Strategic Implications of 4P's.
Expert
Strategic Implications of 4P’S:
The four Ps of marketing are respectively product, pricing, place and promotion.
• Product: the product of the firm must be right both for the firm and for the market. It should be easy, profitable and economical to produce and distribute from the point of view of the firm. Form the customers’ point of view, a product must satisfy their needs and expectations.
• Pricing: is a regulatory mechanism by which the seller and buyer come to mutually satisfactory understanding. It determines the sales volume and profit margins. Price structure affects the market share of the firm. Prices are important for the consumers as this will determine their purchasing power.
• Place: Place represents the location where a product can be purchased. It is frequently termed to as the distribution channel. It can comprise any physical store and also virtual stores on the Internet.
• Promotion: the need for promoting the product has increased due to stiff competition, widening market, rapid changes in consumers’ preferences and the growing distance between producers and consumers. The objective is to offer information, stimulate demand, and differentiate the product and stabilize sales.
How does the organism understand that a clotting procedure should begin?
Give a brief explanation of primary consumers. Can food chain offering quaternary consumers without comprising secondary or tertiary consumers? Can a tertiary consumer of one chain be a primary or secondary consumer of another chain?
Write down the differentiation between plasma membrane and cell wall?
Give a brief explanation of population.
What are the various types of antigenic agents that can constitute vaccines?
Write down the three structures shared by every chordate which typify the group?
Advantages of using a methodology: It can help to provide direction to the project as a whole It can enable a saving in project timescales It can help to improve the quality of the project deliverables.
What is the difference between an acid and a base?
gibberella fusarium is used to break downwhat in bio remediation
Give a brief description of chloroplasts. And also write down the major functions of chloroplasts?
18,76,764
1943288 Asked
3,689
Active Tutors
1443169
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!