Question

are the eco-promises that companies communicate about their products and services helpful example( consumers can make...

are the eco-promises that companies communicate about their products and services helpful example( consumers can make better decisions) worth the time and financial investment?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

This is the most convincing statement. Environmental degradation has become the most predominant problem in society. it must be tackled at earliest. Now firms are acting in most socially responsible manners. Eco-promises seek to communicate that products have been developed keeping in view the possible impacts on environments or these products are environmentally friendly.

it also saves the research time of customers or consumers, thus there will be a rise in the utility of consumers. Consumers also develop positive attitudes toward such firms. thus, it must be followed by the firms. Many firms have been benefitted by such initiatives.

Add a comment
Know the answer?
Add Answer to:
are the eco-promises that companies communicate about their products and services helpful example( consumers can make...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Can you me with; Designing an apple Watch Product All of you purchase products and services...

    Can you me with; Designing an apple Watch Product All of you purchase products and services every day, ranging from necessities, such as food, clothing, and shelter, to discretionary items, such as soda, music, and education. And marketers develop many of these products and services with you specifically in mind—just look at the stores in and around campus that cater to you.    Learning Objective. Define a target market and develop an apple watch product. Defining an apple watch Product....

  • Insurance companies and consumers are interested in the performance of iospitals. The government releases data about...

    Insurance companies and consumers are interested in the performance of iospitals. The government releases data about patient outcomes in hospitals that can be useful in making inforned health care decisions. Here is a two- way table of data on the survival of patients after surgery in two hospitals. All patients undergoing surgery in a recent time period are included. "Survived" means that the patient lived at least 6 weeks following surgery Hospital pital Died 16 784 800 2037 Total 2100...

  • can anyone please answer the questions? it's about Management Decisions class. Thank you so much!! can anyone ple...

    can anyone please answer the questions? it's about Management Decisions class. Thank you so much!! can anyone please answer the questions? it's about Management Decisions class. Thank you so much!! is a business strategy whereby firms attempt to gain a competitive advantage 41) by increasing the perceived value of their products or services relative to the perceived value of other firms' products or services A) Product differentiation B) Related diversification C) Cost leadership D) Best-cost provider 42) By increasing the...

  • Point of Purchase displays are particularly effective advertisements because: A. they are relatively cheap B. they...

    Point of Purchase displays are particularly effective advertisements because: A. they are relatively cheap B. they can make a brand stand out right at the time that consumers are browsing potential purchases on the internet C. they can make a brand stand out right at the time that consumers are choosing which products to buy D. they can make a brand stand out effectively on TV 1 points    QUESTION 2 Research about U.S. consumer preferences suggests that companies should...

  • Many retailers are trying to figure out whether consumers care about "green" products, and if they...

    Many retailers are trying to figure out whether consumers care about "green" products, and if they would pay more for products that are advertised as being green. One retailer decided to conduct a consumer study in a very large major metropolitan area in which it had many stores. The retailer devised a label scheme that ranked products on a scale of 1 to 5, where 1 = least environmentally friendly and 5 = most environmentally friendly. This ranking was added...

  • Make notes about the article, such as it's main points, ideas and details that are difficult...

    Make notes about the article, such as it's main points, ideas and details that are difficult to understand, and details that you grasp and would like to know more about. Five years ago, Research in Motion, maker of the BlackBerry, was one of the most acclaimed technology companies in the world. The BlackBerry dominated the smartphone market, was a staple of the business world, and had helped make texting a mainstream practice. Terrifically profitable, the phone became a cultural touchstone—in...

  • I need a summary and your thought about this article. How to Safeguard Trust in the...

    I need a summary and your thought about this article. How to Safeguard Trust in the Digital Age? Data analytics, AI, and other tools of the digital age can help marketers improve CX, but they also may raise concerns about data usage and privacy. Brands have an opportunity to build trust by showing they use these technologies wisely—and always in service to the customer. Advanced technologies that gather and apply customer data can be significant differentiators for a brand—and their...

  • These questions are about applying the chapter content. It's often helpful to discuss them with classmates...

    These questions are about applying the chapter content. It's often helpful to discuss them with classmates or mentors, gaining different perspectives on the issues. 1. What is the transformational leadership response to the following comments? a. From a patient: “Nobody is answering my call light.” b. From a physician: “The patient care team X isn't as helpful as they should be.” c. “[Patient]'s husband walks with a cane. She says he can't visit her because it's so far from the...

  • India'sComparativeAdvantage   Having read or heard about American companies outsourcing jobs to India, we may think...

    India'sComparativeAdvantage   Having read or heard about American companies outsourcing jobs to India, we may think that outsourcing alone is responsible for India's incredible economic growth, but Indian companies are responsible for more than we realize. Review the three segments of the case and write your responses as instructed.   Nations and businesses engage in international trade to obtain raw materials and goods that are otherwise unavailable to them or available elsewhere at a lower price than that at which...

  • Forrester, NMSU, Exante Financial Services, and Others: Getting Real about Strategic Planning It must be nice...

    Forrester, NMSU, Exante Financial Services, and Others: Getting Real about Strategic Planning It must be nice to be the CIO of a FedEx, or a GE, or a Credit Suisse, where IT and the business are so tightly aligned you can barely tell the two apart. In such companies, corporate leaders understand that IT is a strategic asset and support it as such. These are places where the CIO is encouraged to spend the majority of his time on the...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT