How does incorrect market positioning affects future marketing strategic planning?

Explanation:

Market Position refers to the way the consumers see and feel about a specific brand or product that is being offered by the company as opposed to other similar brands. If a company has incorrect market positioning, it means that consumers are not happy with the brand and basically choose their competitors instead. This greatly affects future market strategic planning because once a consumer is unhappy with a brand they begin to view that brand and company as something bad, once this happens it is extremely difficult to gain the consumers trust once again and there are very few strategies that can correct market positioning.

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concurrent jurisdiction is the ability to exercise judicial review by different courts at the same time, within the same territory, and over the same subject matter. for instance, a domestic violence matter may be heard in either a general civil court or a family court in the same county. whichever court actually exercises its jurisdiction first will do so exclusively.

this is an outline for the decisions that frankie is going to make

opportunity cost

willingness to buy

price or quality

of course, there could be many economic strategies that should be considered important while making decision. opportunity cost is the foremost significant factor while considering any economic option. when you buy something, you should know how much you are forgoing for this product. indeed, you could buy something different with this measure if you changed your mind. willingness to buy shows how much surplus you are earning while making a decision. it is important because it shows you buy what you want or you buy because you have only limited amount of money. the price or quality can be considered as a general economic option that we are applying while buying something. when you buy something, price or quality could be one of the options. indeed, they define the characteristics of the product.    

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