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1565134
PRESENTADO A:
ORIENTACION
Lea con atención el texto “Supply and Demand” que se encuentra en el objeto de
aprendizaje de la Actividad de Proyecto 4, y conteste:
a. Supply C Expensive
b. Demand B Desire to buy any product
c. High Price D All people
d. Mass Market E The lifetime of godos and servicies
e. Life cycle A Disposition to offer products
2. According to the text, mention the things people take into account to determine the
demand
a. Tastes or preferences
b. Number of consumers
c. Income
d. Consumer expectations
e. Price of related goods.
Benchmarking is the procedure of determining who the best one is. It is an amount of
the quality of company’s products, policies, programs, tactics, etc., and their contrast
with standard measurements, or similar amounts of others.
Planning
Analysis
Integration
Action
Product
Price
Sales system
Payment system
Adversiting
Promotion
Location
Organization
Planimetry
5. Write the vocabulary (20 words) from the Reading, and make a Glossary:
Organize the words in alphabetic order and write the meaning or each Word .
Allowances: asignaciones
Assorments: surtidos
Brand name: nombre de la marca
Cheaper: más barato
Consumption: consumo
Coverage: cobertura
Customer: cliente
Demand: demanda
Income: ingresos
Increases: aumenta
Lower: inferior
Marketing mix: mezcla marketing
Meauserement: medición
Partners: fogonadura
Payment period: periodo de pago
Purchasers: compradores
Unchaged: sin alterar
Warranties: garantías
Wholesale: venta al por mayor
Supply: oferta
6. Write a ten lines text that summarizes the topic of the activity.
Supply and demand are two fundamental factors in the current economy. The offer
refers to the willingness of producers to offer a product for sale and the demand
refers to the consumer's willingness to purchase the product. To determine the
demand, aspects such as (i) expenses and customer preferences, the number of
consumers, income, consumer expectations and the prices of related goods are
taken into account; The factors that determine the offer are the price of the goods,
the production costs and the business objectives. Marketing mix establishes a
series of variables to achieve commercial and general business objectives, and
improve marketing strategies in the companies. According to McCarthy the 4 Ps is
established in the marketing mix, however Larry Stiven Londre considers that the
marketing mix contains many variables and is made up of 9 Ps, but it is still an
extension of the 4 Ps. Benchmarking is the continuous and systematic process to
evaluate the recognized companies. Benchmarking processes are: planning,
analysis, integration and action.