BA 2663
State University Of New York - Alfred
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9781285425436_Solutions_ch04/Electronic Commerce, 11th Edition 9781285425436 Chapter 4 Solutions
- Exam (elaborations) • 11 pages • 2022
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Review Questions 
1. Briefly define the term marketing mix and distinguish it from the term 
marketing strategy. 
Answer: Most companies use the term marketing mix to describe the combination of 
elements that they use to achieve their goals for selling and promoting their products 
and services. When a company decides which elements it will use, it calls that 
particular marketing mix its marketing strategy. 
2. In one or two paragraphs, explain how the Internet helps marketers deal 
with the i...
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Integrative Case_01 INTEGRATIVE CASE STUDY 1 3i GROUP’S PRIVATE EQUITY INVESTMENT IN CHINA’S LITTLE SHEEP
- Exam (elaborations) • 3 pages • 2022
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OVERVIEW 
In 1999, an entrepreneur called Zhang Gang founded Little Sheep Catering Chain Co. in Inner Mongolia, 
one of the most remote and underdeveloped corners of the world. Zhang managed to open two additional 
restaurants within two months, with a very enthusiastic customer response. Notwithstanding this success, 
To prepare for an initial public offering (IPO), he believed that the company needed to attract not only 
additional capital, but also a partner with the capability to provide muc...
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