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Q: Merits and demerits of diversification strategies?
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What are Merits and demerits of consumer awareness?

The merits of consumer awareness include being able to know counterfeit products, identifying the correct standard for products and avoiding overpaying for items. The demerits involve many legal issues with sellers and spending too much time going through the standards.


Explain various pricing method with their merits and demerits?

The merits of the sampling methods takes the right products to the right customers. The demerit of this pricing method is that there are some goods which can't be sold therefore leading to losses.


What are the merits and demerits of advertisement?

Merits 1.some advertises present us useful products 2.some advertises present us time of films 3.some advertises show us great monuments


What are some of the demerits of marketing information system?

consumers priorities are not met. 2) lack of technical know how is found in service agencies. 3) introducing multiple models in the market without knowing merits and demerits of previous models namaste


What are some different types of brand strategies?

A growth strategy is when an organization expands the number of markets served or products offered, either through current or new businesses. The types of growth strategies include concentration, vertical integration (backward and forward), horizontal integration, and diversification (related and unrelated). A stability strategy is when an organization makes no significant changes in what it’s doing. Both renewal strategies—retrenchment and turnaround—address organizational weaknesses that are leading to performance declines.

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