100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MNB1601 Assignment 2 2021 AS PER UPDATED TUTORIAL LETTER $2.99   Add to cart

Other

MNB1601 Assignment 2 2021 AS PER UPDATED TUTORIAL LETTER

12 reviews
 329 views  64 purchases
  • Course
  • Institution

This document includes the assignment questions, answers and page references where applicable.

Preview 2 out of 19  pages

  • March 17, 2021
  • 19
  • 2020/2021
  • Other
  • Unknown

12  reviews

review-writer-avatar

By: mongezigallaxy • 2 year ago

review-writer-avatar

By: KaylaHorn • 3 year ago

review-writer-avatar

By: chaniquedaschner1997 • 3 year ago

review-writer-avatar

By: hadiebrahim • 3 year ago

review-writer-avatar

By: nwakhehla • 3 year ago

review-writer-avatar

By: bookingsnrn • 3 year ago

review-writer-avatar

By: finance83 • 3 year ago

Referenced and explained well

Show more reviews  
avatar-seller
Business Management 1B
MNB1601
Department of Business Management
Assignment 02 for 2021
As per the Updated Tutorial Letter 001/3/2021
Due Date: 20 August 2021

, TOPIC 3: MARKETING MANAGEMENT

It is recommended that you read business case number 11 “Marketing management: Heineken
and SABMiller’s beer war” (in the recommended book “Business Cases”) before attempting to
answer questions 1 to 3.
It is not compulsory that you do so, as the answers to the assignment questions can be
found in Introduction to Business Management (ITBM).

QUESTION 1

The commercially manufactured sorghum beer market consists of a few operators including
United National Breweries. United National Breweries will purchase materials such as
sorghum to be used in the production process for sorghum beer. This is an example of the
__________ market.

1. consumer
2. industrial
3. resale
4. government

Answer:

Refer to page 451 the prescribed textbook:

13.8 Market segmentation

Each of the different types of market has its own criteria and characteristics. The total
market in a country can be subdivided into the following markets:

• The consumer market consists of individuals or households purchasing products for
their own consumption.
• The industrial market consists of individuals, groups of people or organisations
purchasing materials and products to be used in the production process.
• The resale market includes individuals, groups or organisations purchasing products in
order to sell them to final consumers, for example, retailers.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller aj107. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$2.99  64x  sold
  • (12)
  Add to cart