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Is concerned with all of the activities involved in creating goods and services and the distribution of those goods and services to customers?

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What is pull incentive?

A pull incentive is a strategy used to encourage the demand or consumption of a product or service by offering rewards or benefits to consumers. This approach aims to "pull" customers toward a brand or product, often through promotions, discounts, or loyalty programs. By creating an appealing reason for consumers to choose a particular offering, businesses can stimulate sales and increase market share. Pull incentives contrast with push incentives, which focus on encouraging distribution and sales through suppliers or retailers.


Why is a an organization as a social economic entity?

An organization is considered a social economic entity because it operates within a social framework while engaging in economic activities. It interacts with various stakeholders—including employees, customers, suppliers, and the community—thereby influencing and being influenced by social norms and values. Additionally, organizations contribute to economic development by creating jobs, generating income, and driving innovation, all of which have broader social implications. Thus, their operations reflect a blend of social responsibilities and economic objectives.


If a monopolistically competitive firm is making profits, how is it able to maintain its competitive edge in the market?

A monopolistically competitive firm can maintain its competitive edge in the market by offering unique products or services that differentiate it from competitors, creating brand loyalty among customers, and effectively marketing its products to attract and retain customers. Additionally, the firm may also benefit from barriers to entry that prevent new competitors from easily entering the market.


Opportunities of IT in supply chain management?

IT could help in intergrate the overall processes of supply chain management. they could provide the inventory management system (order replinshment and safety stock calculation), automate the process of dealing with suppliers & customers whether it is a pull or push strategy and create forecasting models IT could develop the overall MRP(Material requirement plan) in addition to creating the interface that suppliers and customers would use and helping in e-trading and e-business.

Related Questions

Is concerned with all of the activities involved in creating goods and services and the distribution of those goods and services to customers?

Me


Production does not include?

Production does not include distribution, marketing, or sales activities. It specifically refers to the process of manufacturing or creating goods or services.


Why werenot they concerned with creating the illusion of depth?

The goal of ancient art was mostly to show power and status.


What is vision of tesco?

Creating value for customers, to earn their lifetime loyalty.


Is marketing creating or satisfying needs?

marketing is at the heart of satisfying customers needs


What is mission statement of Tesco?

Creating value for customers, to earn their lifetime loyalty.


What is marketing contribution?

The marketing department connects businesses with customers. The department is responsible for creating advertisements that demonstrates why customers need the company's products.


What activities verbs are involved in the process of creating a successful marketing campaign?

The activities involved in creating a successful marketing campaign include researching, planning, designing, implementing, analyzing, and optimizing.


Andy warhol was concerned primarily with creating portraits for celebrities?

This was only one of his varied subject matters.


Where can one find information on creating a shirt?

The answer to the question about the creating a shirt is that this information is obtained from the concerned department of the company. Moreover such information can be useful in day-to-day lives.


How do humans affect the distribution of plants in the area around the school?

Humans can affect the distribution of plants around a school by introducing non-native species through landscaping, which may outcompete native plants. Activities like mowing lawns and clearing vegetation can also impact plant diversity by favoring certain species over others. Pollution and urbanization can further alter the plant distribution by changing soil composition and creating barriers to plant dispersal.


People who founded utopian communities in the early 1800s were MOST concerned with?

creating a society based on fairness and work.