Examlex
Scenario
Herb Marks built his enterprise on the faithful patronage of four specialty shops and a large contract from Elmore Distributors.But after two years, the maker of novelty pens and pencils had to rethink his strategy when his two-year contract with Elmore ended.
erb built a company reputation on the manufacturing and distribution of a variety of wooden writing utensils with customized engravings.Specialty shops loved to display the products in their fancy, lighted showcases, but such specialty shops alone were not profitable.Herb Marks established a brand name, known merely as Marks, and decided to expand on it.
erb extended his writing utensil lines to include quills, felt-tip pens, and multiple-cartridge pens that write in different colors.He even added a line of various grades of personalized stationery and business cards.Perhaps Herb's biggest added touch, however, was the addition of two salespeople who would work to explain the diverse array of products offered by Marks, as well as nurture existing accounts.
We make an excellent product," Herb Marks stated, "and we honour a good guarantee on everything we sell.But let's face it-we face hundreds of competitors! We need Marks representatives out there to help prospects understand what they should demand in something as simple as a writing tool."
he Marks brand is now fast-becoming synonymous with top-notch customer service.Part of the purchase package brought personal visits from the Marks representative, before the purchase and long after.
What type of consumer products does Marks manufacture
Explain.
Neurotransmitter's Action
The process by which neurotransmitters are released by a neuron, bind to and activate the receptors of another neuron.
Resting Potential
The difference in electric charge between the inside and outside of a resting neuron, providing the cell with the potential to generate an action potential.
Neural Membrane
The lipid bilayer that encloses the cytoplasm of a neuron, maintaining the electrical potential used in signal transmission.
Electrical Polarization
The phenomenon where in a material, or in the particles of the material, there is a separation of charge leading to one part becoming more positively charged and another part more negatively charged.
Q1: Leading "big-box" stores, such as Walmart and
Q28: Younger consumers are better off financially than
Q37: Describe the promotion tools used by retailers.
Q65: Marketers must be careful to guard against
Q75: Researchers found that a number of well-known
Q85: Full-line forcing is considered an illegal arrangement
Q113: A brand name should translate easily into
Q118: A company's market offering usually includes some
Q151: Service providers must consider four special service
Q160: Niche marketing offers smaller companies the opportunity