Due to advances in health care and treatments, elderly people are living much longer than before. As a result health care companies are making adaptations to meet the needs of an aging population as the demand for medical services and products such as diabetes supplies increases. This change in marketing strategy is best explained by a change in
Group of answer choices
income levels.
cultural values.
consumerism.
subcultures.
demographics.
The Classic Hotel Group has begun to offer entire floors of rooms in its hotels that are smoke-free, adults-only, and pet-friendly. The Classic Hotel Group is responding to changes in
Group of answer choices
the legal environment concerning smoking in hotels
demographics of pet lovers
changing cultural values and lifestyle preferences
cultural diversity.
customer demands for comfortable rooms
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While Silk Soymilk engages in environmental scanning and analysis, the company is more likely to change its products and marketing strategies to adapt to environmental forces rather than trying to influence these forces. Silk Soymilk has a(n) ____ approach to marketing environmental forces.
Group of answer choices
reactive
variable
negative
inactive
proactive
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Costco believes that most of its sales are to small businesses rather than consumers -- and that women are more likely to be making the purchasing decisions. This is an example of a(n) _____________ that Costco could test through marketing research.
Group of answer choices
hypothesis
conceptual error
sampling error
descriptive sample
experimental question
Ques 1) Demographics
the population age is a part of demographics. So a change in age category of population is a change in demographics.
Ques 2 ) demographics of pet lovers
Allowing pets in hotel and making it more pet friendly, it is
catering to changing demographics of pet lovers
Ques 3) reactive
Reactive approach means reacting to something. Hence adjustment according to a change in taste of target audience will make the strategy reactive in nature.
Ques 4) hypothesis
We use hypothesis to test something. So our assumption or beliefs can be tested in an experiment by creating hypothesis
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