Marketing 23638

subject Type Homework Help
subject Pages 6
subject Words 546
subject Authors Michael D. Hutt, Thomas W. Speh

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page-pf1
Subcultures exist when one subunit shares different values, beliefs, and goals than
another subunit, resulting in different____________________.
Not all products nor all customers require the same level of logistical service.
Using a product example and market setting of your choice, describe the underlying
logic of forecasting with regression or causal analysis. What are the limitations of the
approach?
Answer:
n/a
A particular industrial customer might be properly classified as a user by some business
marketers and an original equipment manufacturer by other business marketers.
page-pf2
The composition or functional area representation of the strategy center evolves during
the marketing strategy development process, varies from firm to firm, and varies from
one strategy situation to another.
Time series methods are well suited to short-range forecasting because the assumption
that the future will be like the past is more reasonable over the short run than over the
long run.
Firms operating in the business market must respond not to a single consumer but to a
much wider group of buying influentials, all of whom may bring different criteria to
bear on the purchase decision.
page-pf3
Buyer-seller relationships that arise for important purchases are the ones that are more
likely to involve operational linkages and high levels of information exchange.
For well-known markets and technologies, a compression strategy speeds development.
Consider this position taken by Tom Peters in Thriving on Chaos: "You must become
what I call an executive champion-a nurturer, protector, facilitator, and interference
runner for as many energetic champions as you can induce to sally forth." Compare and
contrast induced versus autonomous strategic behavior and describe the role that the
product champion assumes in new product development.
Answer:
n/a
Breakthrough projects center on incremental product enhancements, incremental
page-pf4
process improvements, or incremental changes on both dimensions.
Using a product of your choice, illustrate the concept of the supply chain and indicate
which elements or exchange relationships fall into the business versus the
consumer-goods marketing domain.
Answer:
n/a
Explain why a full-page ad by Digital in the Wall Street Journal might be carefully read
by a production manager at Pillsbury but quickly passed over by the purchasing
manager across the hall.
Answer:
n/a
If a business marketer's product has applications only within a few industries, horizontal
publications are a logical choice.
page-pf5
Multidomestic industries do not need a global strategy because the focus should be on
developing a series of distinct domestic strategies.
Describe the major factors that limit the choice of industrial channels for business
marketers.
Answer:
n/a
An increase in the supplier's delivery time performance permits a buyer to hold less
inventory.
page-pf6
When designing the supply chain, firms should concentrate on
creating____________________processes for functional products
and____________________processes for innovative products.

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