Business Questions

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Business Questions Page 1

What are the main flaws in Washington Consensus?
22nd Jun 2020
Introduction: Question What are the main flaws in Washington Consensus? Answer The Washington Consensus is a term coined by Williamson in 1989 (Williamson, 1993). The term describes a set of ten economic principles...

Balanced scorecard
22nd Jun 2020
Introduction: Question What is a balanced scorecard? Answer Unlike most financial tools which simply analyse the financial performance of a company, the balanced scorecard is a tool that is used to measure the perf...

Economic problem of scarcity and choice
22nd Jun 2020
Introduction: Question explain the basic economic problem of scarcity and choice that all economies face. Answer Robbins (1935) defines economics as the science which studies human behaviour as a relationship betwe...

The necessity of conflict in business
22nd Jun 2020
Introduction: Question Are conflicts are inevitable and necessary in a business? Answer Conflict in the context of a business can be defined in different ways, and it can occur for different reasons, in different p...

Integrated marketing communications
22nd Jun 2020
Introduction: Question What is integrated marketing communications (IMC)? Answer Integrated marketing communications is an approach used by organisations to brand and coordinate their marketing efforts across multi...

Explaining branding
22nd Jun 2020
Introduction: Question What is branding? Answer The definition of branding equates to the marketing practice of creating a name, symbol or design that identifies and differentiates a product or service from other p...

Discuss key factors that led to the birth of mass tourism
22nd Jun 2020
Introduction: Question Discuss key factors that led to the birth of mass tourism. In your response draw reference to the major developments taking place in the pre-industrial, industrial and post-industrial era. An...

Advantanges of using social and environmental accounting.
22nd Jun 2020
Introduction: Question Advantages for an organization which undertakes social and environmental accounting. Answer Social and Environmental accounting are ways of measuring a firm’s performance which extend the t...

Ikea Business Strategy
22nd Jun 2020
Introduction: Question How do I propose a new business strategy for Ikea? Answer To generate and propose a new business strategy for Ikea there are a number of steps that you would need to follow. First, you would ...

The Evolution of Selling Methods and Attitudes
22nd Jun 2020
Introduction: Question How have selling methods and attitudes evolved over the past 100 years? Answer The past century has seen significant changes in practices and attitudes towards selling, moving from a highly f...

Business Environment for a New Product: Pakistan
22nd Jun 2020
Introduction: Question Discuss the Environment for a ANY new product to be launched in Pakistan referring to the 1. Political-legal Environment 2. Social-Cultural Environment 3. Demographic-Economic Environment...

What is the consumer purchasing decision making process
22nd Jun 2020
Introduction: Question Describe the buying process Answer According to Kotler and Armstrong (2012) there are 5 stages in the process consumers go through when deciding to purchase a good or service. These are: P...

Product Mix
22nd Jun 2020
Introduction: What is the product mix?...

Critical analysis on marketing and human resources jobs?
22nd Jun 2020
Introduction: Question can you give me example of a critical analysis on marketing and human resources jobs? Answer The Marketing Officer The marketing manager is responsible for developing and implementing the or...