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Since 1904, Garnier offers efficient and innovative beauty products sourced from nature and enhanced by its expertise for healthy-looking hair and skin that makes it easy to connect with others. Garnier’s low-cost structure helps it produce at a low cost and sell its products at a low price, making it affordable for its customers.The brand is now emphasizing on expansions throughout the area. So, Grace, the Marketing Manager, is going to set the strategy of the entire department including the personal selling tactics. Grace is pressured to think of two major elements. First all, Garnier’s association with Loreal: Loreal is a very popular cosmetics brand and a market leader in most countries, the fact that Garnier is a part of loreal helps it win the instant trust of the customer and increases their credibility and Garnier is a brand that has been in the market for years, and people are aware of it, this makes its brand awareness high in addition to the fact that most people are now aware of their needs regarding what types of beauty products to us. Secondly, Grace has to take into consideration the economic conditions facing Lebanon in the “post-coronavirus period” since “The coronavirus effect will be catastrophic on the world economy, and the Lebanese economic situation will be more and more catastrophic, amidst the halt of economic activity,” says economist Elie Yachoui. So, Grace is pressured to work on cost-lowering. What is the method of selling that Grace should rely on? *

Customer partnership alliance

Transactional selling

Marketing alliance

Consultative selling

 
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Virgin roared onto the British stage in the 1970s with the innovative Virgin Records, brainchild of Richard Branson, who signed unknown artists and began a marathon of publicity that continues to this day. The flamboyant Branson sold Virgin Records (to Thorn- EMI for nearly $1 billion in 1992) but went on to create over 200 companies worldwide whose combined revenues exceeded €11.5 billion (about $16.2 billion) in 2009. The Virgin name-the third most respected brand in Britain-and the Branson personality help to sell such diverse products and services as planes, trains, finance, soft drinks, music, mobile phones, cars, wine, publishing, and even bridal wear. Branson can create interest in almost any business he wants by simply attaching the “Virgin” name to it. He supplies the brand and a small initial investment and takes a majority control, and big-name partners come up with the cash. The Virgin Group looks for new opportunities in markets with underserved, overcharged customers and complacent competition. Branson explained, “Wherever we find them, there is a clear opportunity area for Virgin to do a much better job than the competition. We introduce trust, innovation, and customer friendliness where they don’t exist.” Some marketing and financial critics point out that Branson is diluting the brand, that it covers too many businesses. There have been some fumbles: Virgin Cola, Virgin Cosmetics, and Virgin Vodka have all but disappeared. But despite the diversity, all the lines connote value for money, quality, innovation, fun, and a sense of competitive challenge. And then Virgin’s vaunted marketing expertise kicks in. A master of the strategic publicity stunt, Branson knew photographers have a job to do and they’d turn up at his events if he gave them a good reason. He took on stodgy, overpriced British Airways by wearing World War I- era flying gear to announce the formation of Virgin Atlantic in 1984. The first Virgin flight took off laden with celebrities and media and equipped with a brass band, waiters from Maxim’s in white tie and tails, and free-flowing champagne. The airborne party enjoyed international press coverage and millions of dollars’ worth of free publicity. When Branson launched Virgin Cola in the United States in 1998, he steered an army tank down Fifth Avenue in New York, garnering interviews on each of the network morning TV shows. In 2002, he plunged into Times Square from a crane to announce his mobile phone business. In 2004, introducing a line of hip techie gadgets called Virgin Pulse, Branson again took center stage, appearing at a New York City nightclub wearing a pair of flesh-colored tights and a strategically placed portable CD player. Although he eschews traditional market research for a “screw it, let’s do it” attitude, Branson stays in touch through constant customer contact. When he first set up Virgin Atlantic, he called 50 customers every month to chat and get their feedback. He appeared in airports to rub elbows with customers, and if a plane was delayed, he handed out gift certificates to a Virgin Megastore or discounts on future travel. A nonprofit foundation called Virgin Unite has started to tackle global, social, and environmental problems with an entrepreneurial approach. A team of scientists, entrepreneurs, and environmental enthusiasts consult with Virgin about what it needs to do on a grassroots and global level. The goal is to change the way “businesses and the social sector work together-driving business as a force for good.” Clearly, Branson cares about Virgin’s customers and the impact his companies have on people and the planet. That’s why he recently made corporate responsibility and sustainable development (CR/SD) a key priority for every one of his companies. Each must act socially responsible and lower its carbon footprint. Branson stated, “I believe that in the future, we will be able to enjoy healthy and fulfilling lifestyles whilst minimizing the negative impact we have on the world.” Virgin categorizes its businesses into eight socially responsible and sustainable groups: Flying
 
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The following is an excerpt from: “Texas Town Fortifies After Storm” Dow Jones News Service, 5.26.18. After Hurricane Harvey thrashed their coastal home here last year, tearing off chunks of roof and leaving a sodden shell, Bill and Susan O’Bryant vowed: Never again. They are now rebuilding a well-armored home, adhering to stringent building standards devised by the insurance industry that exceed local code requirements. The house’s roof, floors and foundation are fastened together with steel straps, the windows are made of impact-resistant glass, and the roof is specially sealed and nailed down.

What risk control option is illustrated here and what loss exposure is the risk control option addressing?
– Avoidance, liability loss exposure
– Loss prevention, property loss exposure – Pre-loss loss reduction property loss exposure
– Post-loss loss reduction, property loss exposure
– Duplication of exposure units, net income loss exposure

 
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An avant-garde clothing manufacturer runs a series of high-profile, risque ads on a billboard on Highway 101 and regularly collects protest calls from people who are offended by them. The company has no idea how many people in total see the ads, but it has been collecting statistics on the number of phone calls from irate viewers:

Type Description Number of Complaints
R Offensive racially/ethnically 10
M Demeaning to men 4
W Demeaning to women 14
I Ad is incomprehensible 6
O Other 2

a) Depict this data with a Pareto chart. Also depict the cumulative complaint line.

b) What percent of the total complaints can be attributed to the most prevalent complaint?

Chart:

The term charts help in presenting the data collected by the researcher in graphical as well as tabular form. The term Chart is basically used for statistical methodology. The chart helps in finding the intersection points between the two and more variables.

 
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