Question

In: Operations Management

Differentiate the alternative components of the promotional mixand their respective values and appraise the relative...

Differentiate the alternative components of the promotional mix and their respective values and appraise the relative emphasis that would be placed on the promotional mix elements in each of the following situations: A manufacturer of an infusion pump therapy kit for use in hospitals A hospital offering a nutrition workshop for seniors An academic medical center offering a helicopter service for trauma cases within a 200-mile radius of the facility A community medical center offering physician referral

Solutions

Expert Solution

 

Talking about the components of the promotional mix and their values in each of the following situations:

A manufacturer of an infusion pump therapy kit for use in hospitals- Public relations as these movements facilitate the impact of a particular target audience. Mostly, it's public related campaigns to create a favorable image of the product or company.

A hospital offering a nutrition workshop for seniors- Sales promotions. This can be utilized to increase the sales or can be said to increase the efficiency of seniors with time, educate potential seniors about new products or techniques and create a positive impact in the industry.

An academic medical center offering a helicopter service for trauma cases within a 200-mile radius of the facility: direct marketing.

Direct marketing is a type of publicity in the promotional mix to directly target a group of possibilities and focus on it to achieve its goals. It helps in attracting customers by proving some unique services.

A community medical center offering physical referral: personal selling. It focuses on essentially selling personally through one-way communication to its prescribed buyers. It takes time and is quite expensive in terms of money too.


Related Solutions

various components of promotional activities that companies can use to attract consumers. These components include: •...
various components of promotional activities that companies can use to attract consumers. These components include: • Theme • Product sampling • Open house • Coupons, vouchers, and discount codes • Contests and sweepstakes • Premiums and giveaways Based on these components, provide 3 examples of promotional activities from the list above that WOULD attract you to a sporting event. Why were these promotional activities effective in getting you to attend the event? Or, why would they be effective in the...
Your client is interested in developing a promotional video to explain the components of the tax...
Your client is interested in developing a promotional video to explain the components of the tax formula. She asked you to prepare a script for taping. Your video script should include the following: ·         A brief description of the component of the tax formula ·         Placement in the tax formula and an explanation of its importance ·         An example
SafeData Corporation has the following account balances and respective fair values on June 30: Book Values...
SafeData Corporation has the following account balances and respective fair values on June 30: Book Values Fair Values Receivables $ 106,000 $ 106,000 Patented technology 192,000 192,000 Customer relationships 0 484,000 In-process research and development 0 324,000 Liabilities (472,000 ) (472,000 ) Common stock (100,000 ) Additional paid-in capital (300,000 ) Retained earnings deficit, 1/1 676,000 Revenues (410,000 ) Expenses 308,000 Privacy First, Inc., obtained all of the outstanding shares of SafeData on June 30 by issuing 20,000 shares of...
SafeData Corporation has the following account balances and respective fair values on June 30: Book Values...
SafeData Corporation has the following account balances and respective fair values on June 30: Book Values Fair Values Receivables $ 103,500 $ 103,500 Patented technology 109,000 109,000 Customer relationships 0 670,000 In-process research and development 0 338,000 Liabilities (578,000 ) (578,000 ) Common stock (100,000 ) Additional paid-in capital (300,000 ) Retained earnings deficit, 1/1 853,500 Revenues (340,000 ) Expenses 252,000 Privacy First, Inc., obtained all of the outstanding shares of SafeData on June 30 by issuing 20,000 shares of...
SafeData Corporation has the following account balances and respective fair values on June 30: Book Values...
SafeData Corporation has the following account balances and respective fair values on June 30: Book Values Fair Values Receivables $ 108,000 $ 108,000 Patented technology 123,000 123,000 Customer relationships 0 840,000 In-process research and development 0 524,000 Liabilities (596,000 ) (596,000 ) Common stock (100,000 ) Additional paid-in capital (300,000 ) Retained earnings deficit, 1/1 847,400 Revenues (312,000 ) Expenses 229,600 Privacy First, Inc., obtained all of the outstanding shares of SafeData on June 30 by issuing 20,000 shares of...
In a single variable regression analysis the respective values for the variables are as follows: Independent...
In a single variable regression analysis the respective values for the variables are as follows: Independent variable: 2.00, 7.00, 11.00, 16.00, 13.00, 14.00, 1.00, 12.00, 19.00, 9.00. Dependent variable: 58.78, 44.64, 33.27, 16.04, 26.72, 24.89, 63.11, 28.41, 7.66, 39.20. What is the predicted value of the dependent variable when the independent variable is equal to 15.00?
Discuss the requirements for listing of a company on the Ghana Alternative Exchange (GAX) relative to...
Discuss the requirements for listing of a company on the Ghana Alternative Exchange (GAX) relative to the first official listing requirements. How does the GAX operate?
Differentiate among the three classes of levers in terms of the relative position of fulcrum, effort,...
Differentiate among the three classes of levers in terms of the relative position of fulcrum, effort, and load, as well as in terms of the relative power and range of motion. Give examples in the human body of muscles and their associated joints to illustrate each type of lever system. Define the terms prime mover (or agonist), antagonist, synergist, and fixator. For a given movement, differentiate specific muscles that function as the prime mover, antagonist, synergist or fixator. Explain how...
You possess the following three securities in a portfolio with their respective Beta values noted. Name...
You possess the following three securities in a portfolio with their respective Beta values noted. Name Beta Percentage of portfolio OKA Ltd 1.7 25% Techno Ltd 0.9 37.5% Dynamic Ltd 1.1 37.5% Analyse and interpret the Beta values of each of the companies offering insight into the risk of each firm as represented by their Beta values. Which firm has provided the highest returns historically when the market has been performing well, all things being equal?
Academic research paper about alternative healing modalities through the lens of their respective liberal studies concentration....
Academic research paper about alternative healing modalities through the lens of their respective liberal studies concentration. method of analysis, and results/discussion sections. Base on African American cultural background, social position, values of low income
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT