Question

2. Is it possible for an organization like Haier to sustain its competition in brand conscious...

2. Is it possible for an organization like Haier to sustain its competition in brand conscious and quality conscious markets such as US and other countries?

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Yes.It is possible for an organisation to sustain its competition in brand conscious and quality conscious markets only if they maintain the quality standards, provide services catering cutting edge technology, develop innovative products,reach all class of consumers, have a well-maintained marketing network, contest in the international market, offer myriad of services which can attract the customers. If the organizations fail to understand the needs of the future and keep-a wide eye open for research and development, it can surely loose its entity in the long-run. In developed markets where customers are informed and take chances to buy new products, it is highly non-negotiable to be stagnant.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Case Study-1 In 1990s Nestlé faced significant challenges in its market growth. Despite of the stagnant...
Case Study-1 In 1990s Nestlé faced significant challenges in its market growth. Despite of the stagnant population in western countries the balance of power was increasing from large scale manufacturers like Nestlé, toward supermarkets and discounted chain stores. In result, Nestlé decided to lessen its focus on developed markets like North America and its home based market in Switzerland to emerging market like India and China. The driving force behind the decision of expanding its market share in emerging market...
− Consider the demand for the photographic film industry discussed by McLaren in the textbook. Suppose...
− Consider the demand for the photographic film industry discussed by McLaren in the textbook. Suppose that there are two countries, the US and Japan, each with one maker of film, namely Kodak in the US and Fuji in Japan. The demand curve for film in each country is given by the equation Q = 280- P , where P represents the price of film and Q the quantity sold. (As far as consumers are concerned, there is no difference...
The CEO of your organization would like to launch a new diversity initiative at the company...
The CEO of your organization would like to launch a new diversity initiative at the company and has asked you to provide an Executive Summary that summarizes key trends and recommendations that will support success. You will create an Executive Summary that will help your CEO understand key diversity trends and how the organization will benefit from increasing diversity awareness, creating an inclusive and equitable work culture and supporting social justice inside the organization and in the community in which...
Singapore gets a boost in the electric car making drive-Home appliances brand Dyson picks island city...
Singapore gets a boost in the electric car making drive-Home appliances brand Dyson picks island city as its location for new venture    Singapore: When James Dyson, the billionaire British inventor of the bagless vacuum cleaner, unveiled a plan to build an electric car plant in Singapore, it raised a few eyebrows. Not only does the land-starved city state have some of the highest average salaries in the world, but it has been nearly 40 years since Ford closed its...
QUESTION 1 Which of the following factors would most likely lead a firm to adapt its...
QUESTION 1 Which of the following factors would most likely lead a firm to adapt its products for international markets? Exporting as the sole method of international marketing Similar levels of personal income Diverse consumer preference Economies of scale in production 2 points    QUESTION 2 Why would a firm research the marketing infrastructure of a foreign market prior to entry? To determine whether its prices will be competitive. Primarily to understand the role of the media including TV, print,...
Bee & Gee is a multi-product, multi-brand, packaged goods company with a significant presence in the...
Bee & Gee is a multi-product, multi-brand, packaged goods company with a significant presence in the personal care and grooming category. Within each product category, it has numerous brands that sometimes compete with each other in the same geographical markets. Bee & Gee allocates its annual promotional budget for each product category using a top-down budgeting approach, after which brand managers of brands in each product category compete for promotional dollars for their own brand by submitting budget proposals. The...
Read the following paragraphs to answer the question Why cartels like OPEC fail to reach to...
Read the following paragraphs to answer the question Why cartels like OPEC fail to reach to consensus on price and quantity? When markets were collapsing as the coronavirus pandemic crushed demand in March and early April, the idea that crude could rise again to $40 a barrel was “a dream,” the energy minister of the United Arab Emirates, hhSuhail Al Mazrouei said during a conference call on Monday. That was before the OPEC+ alliance agreed unprecedented cuts in output. Prices...
Missy Mendez, a nurse manager of a 95-bed medical-surgical unit in Yucatan, Kansas, would like to...
Missy Mendez, a nurse manager of a 95-bed medical-surgical unit in Yucatan, Kansas, would like to have her health care organization, Yucatan Memorial Health Center, embrace the concept of a high-performance organization. She would like the administration to develop a culture of a high-performing organization. Nurse Mendez knows that high-performance organizations have leaders who communicate a strong and clear mission and vision to employees, engage in strategic thinking that anticipates customer needs and market changes, commit to ongoing identification of...
QUESTION 1 A code of ethics ________________________________. should be standardized across companies following the AMA guidelines...
QUESTION 1 A code of ethics ________________________________. should be standardized across companies following the AMA guidelines is only necessary for large corporations needs to be vague so that it could be used to understand any potential situation should specify expected behavior in as many potential situations as possible may be more effective in guiding employee behavior than external governmental regulation 1 points   QUESTION 2 For most foods products that are imported into the US from the European Union, companies have...
“Like its peers in Denmark, the euro area, Sweden and Switzerland, the Bank of Japan will...
“Like its peers in Denmark, the euro area, Sweden and Switzerland, the Bank of Japan will charge commercial banks for holding deposits with it. Almost a quarter of the world’s GDP now comes from countries with negative rates. Though they defy convention, they have proved a useful addition to the central-banking toolkit. The lowest deposit rate set by the central bank acts as a floor for short-term interest rates in money markets and for borrowing rates generally. Borrowing costs across...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT