BB0001 - Q.2 Explain the marketing concepts with its relevance in today’s marketing environment. Answer: Marketing Concepts : Studies reveal that different organisations have different perceptions of marketing. And these differing perceptions have led to the formation of different concepts of marketing such as 1. The Exchange Concept 2. The Production Concept 3. The Product Concept 4. The Selling Concept 5. The Marketing Concept 6. The Societal Marketing Concept. 1. The Exchange Concept
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companies have to solve. Unilever Group is one of example that has been successful in bringing their brand familiar to customers. Unilever is a global group which is very famous all over the world in the field of consumer goods such as food‚ drink‚ detergent and cosmetics. There are many products of Unilever having consumed and widely accepted as Lipton‚ Knorr‚ Cornetto‚ Lux‚ Vim‚ Lifebouy‚ Dove‚ Close-Up‚ Sunsilk‚ Clear‚ Pond’s‚ Hazeline‚ Vaseline‚ etc‚... The revenues calculated in the millions of
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The environment is something you are very familiar with. It’s everything that makes up our surroundings and affects our ability to live on the earth—the air we breathe‚ the water that covers most of the earth’s surface‚ the plants and animals around us‚ and much more. In recent years‚ scientists have been carefully examining the ways that people affect the environment. They have found that we are causing air pollution‚ deforestation‚ acid rain‚ and other problems that are dangerous both to the
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Chapter 20 Driving Forces Analysis Ch20. Driving Forces • • • • • • • • • Short Description Background Strategic Rationale & Implications Strengths & Advantages Weaknesses & Limitations Process for Applying Technique Summary Case Study: Digital Music Industry FAROUT FT Press 2007. All Rights Reserved. Business and Competitive Analysis. By C. Fleisher & B. Bensoussan. Ch20.2 Ch20. Driving Forces Short Description • Driving forces analysis (DFA) is a way
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SALES FORCE In today’s global marketplace‚ managers face many challenges related to fulfilling the customer’s ever-changing needs and expectations. The concept of customer service has recently become more complex as a result of globalization of goods and services. Customers are now well-informed decision makers as a result of the abundance of information that is available online and in the media. In addition‚ today’s consumer is most concerned with how a salesperson can solve basic problems and
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Jordan Tavaglione Unit 3 Task 1- P1 -describe the concept and principles of marketing A) Dictionary definition for marketing: “The management process responsible for identifying‚ anticipating and satisfying customer requirements profitably.” When marketing a product or service the organisation needs to make sure it will satisfy the customer needs or wants. An organisation will not survive let alone succeed or make a profit if it does not meet the customer’s physical‚ intellectual‚ educational
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The Environmental Impact 95 percent of electronic waste is recyclable. However‚ unregulated recycling can cause more harm to the environment than landfilling. While many companies‚ such as Apple‚ have safe and effective recycling programs‚ the majority of recycling companies export some percentage of their electronic waste to China or poor countries in Africa‚ where the waste is “recycled‚” or destroyed and stripped of its valuable metals. Though this seems like a good thing on the surface‚ because
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of signs that produced meanings. In his essay soap powder and detergents in “‘Mythologies’ Barthes describes about the myths of French daily life and explain how the media contributed to form the myths. According to barthers the advertisement and media repackage the popular idea so that it become selling. Barthes introduces the subject of soap-powders and detergents by identifying the benefits and the aim. For instance‚ the detergents have the possibility to save miners from silicosis. Then he gave
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design the right business strategy to maintain and enhance its competitive advantages in order to respond to challenges. Aim: This study analyzes the five competitive forces of the Chinese electric vehicle industry and the effect of the government policies on the Chinese electric vehicle industry. The research uses Porter‘s Five Forces model and Porter’s Generic Strategies theory to give the strategic guidance to the company. Definition: In this thesis‚ the term ―Electric Vehicle‖ referred to the
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In a report you need to evaluate the effectiveness of the use of the techniques in marketing products in this business. How effective is it? Technique Effectiveness Relationship It is very important for Apple to have a good relationship with their customers because loyalty will greatly increase their profit. The good relationship Apple keeps with its customers through great customer service and good deals ensures that customers will keep coming back to buy more products. If their customers are
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