Preview

Marketing of Ge

Good Essays
Open Document
Open Document
8492 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing of Ge
Brief Contents
Objective: Lambin (2000) states that ‘ ' marketing is a business philosophy and an action-oriented process which is valid for every organization in contact with its constituency of users. ' ' He make the distinction between marketing as a ‘ 'system of thought ' ' (or strategic marketing) and as an ‘ 'active process ' ' (or operational marketing).
(Lambin, J-J., (2000), Market-Driven Management: Strategic and operational Marketing, Macmillan).

With reference to academic literature and to an organization of your choice, critically evaluate Lambin 's proposition that marketing is both a management orientation and a management function, applicable in all organizational contexts.

Si.No Contents Page No.
1.0 Marketing: An Introduction. 02-03
2.0 Lambin 's Strategic Concept of Marketing. 03-04
3.0 Critical Analysis of GE (General Electric) Marketing Strategy. 04-16 3.1 Company Overview. 04-05 3.2 Marketing Philosophies of GE. 05-06 3.3 GE 's marketing Strategy. 06-07 3.4 Analysis of GE 's Market Driven Management. 07-09 3.5 GE 's Competitor Analysis and Competitive Strategy. 10-12 3.6 SWOT Analysis of GE. 12-13 3.7 GE Brand Analysis. 13-15 3.8 GE 's promotion and Selling Strategy. 15-16
4.0 Conclusion. 16-16
5.0 Appendices. 17-28 5.1 Appendix-1-The 4 Principles of Marketing. 17-18 5.2 Appendix-2-The Nature of Marketing. 18-19 5.3 Appendix-3-GE 's Business Services. 19-21 5.4 Appendix-4-Ge 's Business Values and Actions. 21-24 5.5 Appendix-5-Case Study of GE Plastics. 24-27 5.6 Appendix-6-What is Six-Sigma? 27-28
6.0 References.

1.0 Marketing: An Introduction

There are several definitions for marketing mentioned in marketing textbooks. A general thinking about marketing is only selling and promotion. Every day we see so many television commercials, newspapers ads, and sales calls, which shows that someone always try to sell something. A general definition of marketing: the act or process of buying and selling



References: (Armstrong and kotler (2001), pp. 27-28) strategic marketing is a process of discovering what your customer want and make sure that a company should meet their needs takes a lots of work

You May Also Find These Documents Helpful

  • Better Essays

    Mktg 205 Unit 4 Ip

    • 2787 Words
    • 12 Pages

    My definition of marketing would be that it is the making and selling of goods and services that the consumers demand.…

    • 2787 Words
    • 12 Pages
    Better Essays
  • Good Essays

    Strategic marketing is the management of the processes for creating, communicating and set of goals that enable products and services to reach the customer profitably.(source)…

    • 1045 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Business Btec L3 Unit 3 P1

    • 1028 Words
    • 4 Pages

    The simple definition of marketing is the selling and promoting services or products. Marketing is also defined as meeting the customers’ needs.…

    • 1028 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Sh3050 Unit 4

    • 4636 Words
    • 19 Pages

    There are many definitions to define marketing but it is essentially the creation, communication and…

    • 4636 Words
    • 19 Pages
    Good Essays
  • Better Essays

    P1 Intro to Marketing

    • 1121 Words
    • 5 Pages

    Marketing is the act of publicising products and offers to customers to get them to want to buy it; this could be via the television, a poster or radio. Marketing always has the customer at the centre of its activities and wants to build customer relationships in order to keep them coming back. Another definition of marketing is the actual action of selling an item or service to customers, like in a retail shop for example.…

    • 1121 Words
    • 5 Pages
    Better Essays
  • Good Essays

    The raw definition of marketing with no prior experience and only speaking from speculation is marketing is the afterthought once a product is developed. It is the process that occurs to reach potential customers by making it appealing to them as if they need it. That is done by reaching out to consumers through many different channels such as radio, internet, banners that slide across cell phones durring free listening on Pandora radio and television commercials during the NFL playoffs.…

    • 630 Words
    • 3 Pages
    Good Essays
  • Good Essays

    My personal definition of marketing is the art of selling a vision or a need to a particular population group, with a strategy price and value,…

    • 1022 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Defining Marketing Paper

    • 1004 Words
    • 5 Pages

    According to the American Marketing Association marketing is defined as: Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients,…

    • 1004 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Marketing is defined by the American Marketing Association (2013) as, “Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have…

    • 1178 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Marketing is a broad term and can be defined in countless ways. The author of What is Marketing?, Alvin J. Silk (2006) explains marketing as “the process via which a firm creates value for its chosen customers. Value…

    • 1226 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Concepts of marketing- marketing= a social and managerial process by which individual and groups obtain what they need and want through creating and exchanging products and value with others.…

    • 1050 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Marketing Principles

    • 2032 Words
    • 9 Pages

    Marketing is the process of planning and executing the conception, pricing, promotion, and distribution of goods, services, and ideas to create exchanges that satisfy individual and organisation objectives. Marketing has many ways that products are sold. It includes advertising, selling and delivering products to people. Marketers try to get the attention of target audiences by using slogans, packaging design, celebrity endorsements and general exposure in the media world. The process of developing, promoting, and distributing products to satisfy customers ' needs and wants.…

    • 2032 Words
    • 9 Pages
    Good Essays
  • Better Essays

    General Electric is a worldwide manufacturer and supplier of an extremely wide spectrum goods and services. From an investor’s standpoint to a student’s standpoint, it is crucial for someone to be able to thoroughly complete an effective and accurate analysis on a company, especially on such a company like General Electric. There are several elements to such an analysis. These elements include the following: identifying the company’s strengths and weaknesses through such tactics as a SWOT analysis, forecasting, and benchmarking; understanding the financial situation and limitations of the company by actively looking where revenue and cost streams are coming from; knowing what environmental factors influence and limit the company in reference to such components as technology, demographics, and consumer tastes and preferences; locate potential growth opportunities such as expansions into untapped markets, and, of course, know what lies ahead for the company in the future…success or failure.…

    • 3752 Words
    • 16 Pages
    Better Essays
  • Good Essays

    Prior to year 2010, GE’s previous CEO, Jack Welch, had built GE into a highly disciplined, extremely efficient machine that delivered consistent growth in sales and earnings. However, after Immelt took over GE from Welch, Immelt recognized the necessity for strategic change in the GE when he took considering the situation of economic downturn. 9/11issue and Enron Scandal triggered a downturn in the economy, which in turn affected GE’s stock market price. Immelt saw little need to challenge the basic business model no which GE had operated for decades.…

    • 394 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Marketing Case Study

    • 409 Words
    • 2 Pages

    Question 1: Discuss the importance of B-to-B marketing and a strong B-to-B brand to GE.…

    • 409 Words
    • 2 Pages
    Satisfactory Essays

Related Topics