MINIMUM 3 PAGE PAPER in a Microsoft Word Document (no PDF files accepted). This paper may exceed 3 pages and has a maximum page count of 5 pages. 3-5 pages includes only from introduction to conclusion. The body of the paper – the cover page and reference page are never included in the page count requirement. Up to four authorized references. References must be clearly cited in APA format within your paper & recapped in the reference page in APA to count.
APA format (1” margins, Times New Roman 12 font, double-spaced, and more)
No videos, blogs, tweets, wikis, interviews, podcasts, encyclopedias, or dictionaries allowed – use an authored reference.
Requirements: 3-5 pages
Answer preview
Simulation in marketing is also used to increase the effectiveness of sales and marketing strategies. Simulation allows gathering information on different market dynamics and factors in the marketing, which can be used in sales and marketing. Simulation makes it easier to capture input on market dynamics. Some markets are stable and are dominated by a few products, while others are unstable and characterized by an ever-changing market (Woodham, 2018). The behaviors of the consumers influence the market dynamics and the changes in the market. For instance, the demand and supply of products force pricing signals for a given product or service.
