1. What influences organizational buyers to purchase products? 2. What are the differences of the business and customer market? 3.How does organizational buying process work? 4.What are the sources of information for organizational buyers?
1. 1. What influences organizational buyers to purchase products? 2. What are the differences of the business and customer market? 3.How does organizational buying process work? 4.What are the sources of information for organizational buyers?
Answer:
1.Organizational buying behavior is influenced by marketing stimuli and other stimuli. Generally, these stimuli influence selection of goods or services, selection of suppliers, buying quantity, terms of delivery, terms of service and terms of payment.
2.Business markets refer to organizations, businesses or entities that acquire products and services for use in the production of other services and products. ... On the other hand, consumer markets refer to markets whereby businesses or producers sell their products or services directly to the final consumers.
3.Organizational Buying Process Refer to the process through which any Organization Goes Through in Order to make any purchase or buying decision. ... The complex and problem-solving process through which organization/Industries go through while making these buying decisions is known as Organizational Buying Process.
4.There are three different buyer types – spendthrifts, average spenders, and frugalists
Explanation:
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2. Competitive markets- market where no buyer no seller has any influence over the price
Step-by-step explanation:
some sellers, they increased sales for their hard work or the things they bought expensive for the buyer, meanwhile buyers, they want nice things or they don't buy expensive things.
3. 6. Similar condition to those which occur with retail market apply to rural primary markets, but usually with a lower value and volume of produce and, therefore, with less potential for generating revenues for improving services and infrastructures.A. Market as Taxation InstrumentB. Assembly and wholesale marketsC. Rural MarketD. Retail market 7. ___________ such as finance, equipment and business consulting.A. Suppliers of supporting goods and services environmentB. Direct market playersC. Entities that influence the businessD. None of the above8. A ________ is the network of buyers, sellers and other actors that come together to trade in a given product or service.A. function systemB. market systemC. retail systemD. pressures of change in marketing9. ___________ such as regulatory agencies, infrastructure providers and business associations. A. Suppliers of supporting goods and services environmentB. Direct market playersC. Entities that influence the businessD. None of the above10. _________ such as producers, buyers, and consumer who drive economic activity in market.A. Suppliers of supporting goods and services environmentB. Direct market playersC. Entities that influence the businessD. None of the above
Answer:
C. Rural Market
A. Suppliers of supporting goods and services environment
B. market system
C. Entities that influence the business
B. Direct market players
4. Why marketing is beneficial to both buyer and seller?
Answer:
Why is it important for buyers and sellers to have a good relationship?
Buyers and sellers in mature industrial markets can turn single transactions into long-term beneficial relationships by a deeper understanding of the complex connection between the two. ... They can also be beneficial in markets where the prices of materials are volatile and long term commitments are not appropriate.
How does branding help both buyers and sellers?
Both buyers and sellers benefit from branding Brands help buyers identify specific products that they do and do not like, which in turn facilitates the purchase of items that satisfy their needs and reduces the time required to purchase the product. ... The purchase of certain brands can be a form of self-expression.
Explanation:
5. role of a buyer's in a market
Answer:
x = 4
Step-by-step explanation:
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6. It is the approximation of the number of buyers and sellers in particular market.
Answer:
Market Size. - This is simply the size the arena where the entrepreneur's business will play. It is the approximation of the number. of buyers and sellers in a particular market.
Explanation:
7. Give at least 2 factors influencing buyer behavior in customer markets that usually experience of your family, especially you.
Answer:
A consumer's buyer behaviour is influenced by four major factors: Cultural, Social, Personal and Psychological. Cultural factors include a consumer's culture, subculture and social class. These factors are often inherent in our values and decision processes.
The 2 factors in influencing buyer behavior in customer are:
1. Motivation
2.Perception
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8. 4. It is a number and capability of competitors in the market will also impact on the attractiveness of the market a. Buyer power c. Supplier b. Number of competitor d. SWOT 5. It is a group of companies that are related base on their primary business activities.
Explanation:
ᴀɴᴏ ᴘᴏ sᴜʙᴊᴇᴄᴛ ʏᴀɴ ʙᴀᴋɪᴛ ᴘᴏ ᴇɴɢʟɪsʜ ᴀɴɢ ǫᴜᴇsᴛɪᴏɴ ɴʏᴏ
9. 10. The number of buyers and sellers in a particular market.
Answer:
Market size
Explanation:
because it determine how many buyers and sellers in a Market
10. = On the space provided, write TRUE if the statement describes the features of market system and FALSE if not. ____1. In a market system each direct players, suppliers and business environment are not connected with each other. ____2. Market system relies on buyers and sellers being involved constantly. ____3. Resources and factors of production are owned by the individuals. ____4. Market system involved buyers, sellers and other actors to trade in the give product or services. ____5. Without market system each individuals will improve.
1. FALSE
2. TRUE
3. TRUE
4. TRUE
5. FALSE
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11. in the marketing concept why is the buyers market preferred over the sellers market?
Answer:
A buyer's market occurs when supply exceeds demand. ... These conditions give buyers leverage over sellers because when supply is higher and demand lower, the market is forced to respond. In a buyer's market, real estate prices decrease, and homes linger on the market longer.Explanation:
I Hope It Helps
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12. A market’s boundaries are defined by: A. geographical borders B. the ease of trading among buyers and sellers C. the number of buyers and sellers in the market D. legislation
Answer:
b
Explanation:
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13. IDENTIFICATION 29. The appropriate number of sellers and buyers in a particular market. 30. It is used to convince customer to purchase a particular product or services. 31. A state wherein business organizations are competing with each other in a particular market.
Answer:
30.Marketing
Explanation:
14. What is the effect of buyer and seller surplus in the market?
Answer:
Consumer Surplus: An increase in the price will reduce consumer surplus, while a decrease in the price will increase consumer surplus. ... It is important to note that any shift from the good's pareto optimal price will result in a decrease in the total economic surplus.
Answer:
Equal and balance distribution of goods, benefits and a smooth flows in market.
Explanation:
The effect of buyer and seller surplus in the market can be viewed in as an equal and balance distribution of goods, benefits and a smooth flows in the market. As the level of buyer and seller both increase in number the demand of consumer and the production of goods through seller will surely be harmonious.
15. 6.is a packaged business investment that allows the buyer to begin abusiness.
Answer:
ikaw na lang bahala don
16. Market power in the form of a monopoly creates benefits for the (buyer/seller)___________at the expense of the (buyer/seller)______________________
Answer:
Market power in the form of a monopoly creates benefits for the seller at the expense of the buyer. A monopoly is a market structure in which a single firm is the sole provider of a particular product or service, and therefore has significant control over the price and availability of that product or service. Because the monopoly has no competition, it is able to set prices at a level that is higher than what would be possible in a more competitive market. This means that the seller is able to earn higher profits, but the buyer pays higher prices for the product or service.
In a monopolistic market, the buyer has limited choices and may be forced to pay higher prices for goods or services that they need or want. This can result in reduced consumer surplus, which is the difference between the price a buyer is willing to pay for a product and the actual price they pay. On the other hand, the seller is able to enjoy higher profits and increased market power due to their position as the sole provider in the market.
Answer:Market power in the form of a monopoly creates benefits for the seller at the expense of the buyer.17. As a business owner, what are the most effective marketing strategies do you practice gain the buyers trust and satisfaction?
Leverage social media
Social media offers many attractive ways to connect with customers. A business can post photos or videos about its products or communicate through comments or messages. Social media provides an environment where customers can learn about the business or its industry. Engaging with customers builds brand loyalty and elevates customer service.
Example: On Monday, a coffee company posts a video of its coffee-making process, and on Tuesday they announce a new coffee flavor and encourage customers to stop in one of its shops for a taste test. On Friday, the company engages with customers online to get their thoughts on the new product.
18. It is a meeting place for buyers and sellers who transact business over a particular product or product class? A. Grocery B. Hardware C. Market D. Store
Answer:
C Market
Explanation:
I hope it helpful
Answer:
c. market
Explanation:
an area or arena in which commercial dealings are conducted.
19. How a buyer should behaves in a marketing transaction?
Buyer behavior is the actions people take with regard to buying and using products. To understand buyer behavior, marketers must understand how customers make buying decisions. Consumers and businesses have processes for making decisions about purchases.
There are four important psychological factors affecting consumer buying behavior. These are perception, motivation, learning, beliefs, and attitudes. The level of motivation also affects the buying behavior of customers.
Consumer behavior refers to the selection, purchase, and consumption of goods and services for the satisfaction of their wants. There are different processes involved in consumer behavior. Initially, the consumer tries to find what commodities he would like to consume, then he selects only those commodities that promise greater utility. After selecting the commodities, the consumer makes an estimate of the available money that he can spend. Lastly, the consumer analyzes the prevailing prices of commodities and takes the decision about the commodities he should consume. Meanwhile, there are various other factors influencing the purchases of consumers such as social, cultural, personal, and psychological.
20. Important roles of buyers in business
Answer:
In a sense, this question may seem a little basic. After all, it could be summed up by simply asserting that the role of a buyer is to …..BUY! however, like so many issues, there is much more than meets the eye to this question…..
First of all there are different kinds of buyers. For example, a buyer in a retail industry will have a different role from a buyer for a manufacturing company. Then there are pharmaceutical buyers or healthcare buyers.
However, no matter what ‘kind’ of buyer is being discussed, there are some areas of common ground. So the roles may vary according to whichever industry the buyer is located in, but there are some similarities.
21. how a buyer behaves in the market
not all buyer is behave in market
22. Are households primarily buyers or sellers in the goods and services market? In the labor market?
Answer:
Households are buyers in the market for goods and services. Households exchange income for goods and services. Businesses are sellers in the market for goods and services.
Explanation:
Sana po makatulong:)
23. What is the effect of buyer and seller surplus in the market?
Answer:
Consumer Surplus: An increase in the price will reduce consumer surplus, while a decrease in the price will increase consumer surplus. ... It is important to note that any shift from the good's pareto optimal price will result in a decrease in the total economic surplus.
24. What are some ways by which a firm that supplies to the business markets can get to become indispensable to its buyers?
What are some ways by which a firm that supplies to the business markets can get to become indispensable to its buyers?
Answer:
There are some ways which suppliers can do to gain loyalty and to become indispensable or vital to its buyers. Here are some ways they must do for their products:
Formulate a quality product which fit to the needs of the markets or consumers.Formulate a products which affordable to all.Formulate a products which have a benefit and more features and more usage. Suppliers must always be honest to consumers. If has a budget, it would be good to have an advertisement to consistently inform consumers about the products or to create product awareness. If a consumers have enough product knowledge, they will spread it to others.https://brainly.ph/question/607924
25. The number of buyers and sellers is a particular market
Answer:
If the market works properly then the customers will buy and buy again in your market your customers are increasing and the sellers in your market will increase too.
26. are firms primarily buyers and sellers in the goods and services market? In the labor market?
Answer:
In the labor market, they are primarily buyers (buying labor from households). ...
Explanation:
Sana po makatulong:)
27. make a dialogue on how you can promote and influence buyers to buy your extension cord in a market expo
Answer:
Hello! welcome would you like to buy an extension cord? we give a 50% discount for new buyers and people who have our membership.
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28. ______one who acquires goods and exchange for a sum money.producthonestbuyermarketing transactionsellerneedentrepreneurbusinesspersistentdemandinnovativewant
Answer:
Buyer
Explanation:
a person who makes a purchase.
29. What is a market? Should buyers and sellers personally meet for the market to exist?
Answer:
marketing is a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities.
In common parlance, by market is meant a place where commodities are bought and sold at retail or wholesale prices. ... Further, it follows that for the existence of a market, buyers and sellers need not personally meet each other at a particular place.
30. how seller and buyers interact in the market?
They interact as Producer-Consumer.