1) The four dimensions of a company’s product mix include width‚ length‚ depth and consistency. A) Width: The width of a company’s product mix refers to the number of product lines sold by the company. B) Length: The length of a company’s product mix refers to the number of total products or items in a company’s product mix. C) The depth of a company’s product mix refers to the total number of variations of each product. D) The consistency of a company’s product mix refers to how closely
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Unit 4.1 Business Environment Level 4 15 Credits Sample Assignment You are employed by the British Chambers of Commerce and you work for both the London and Coventry offices. As part of BCC support for SMEs they wish to produce some guidance that will be helpful to members who are considering setting up and/or expanding their business. Your remit is to research the organisational purposes of businesses‚ the national environment in which they operate and behave and the global factors
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……………….9 1. What Is Marketing Orientation………………………………………………………..…9 2. Key steps that should Zaid Tea implement in order to be marketing oriented…………10 2.1 Customer Focused…………………………………………………….……………….10 2.2 Competitor Focused……………………………………………...……………………10 2.3 Strategic Vision……………………………………………………………………..…11 3. Difficulties In Implementing Marketing Orientation Concept To Zaid Tea……..……..12 3.1 Lack of Effective Customer Service………………………………..…………………12 3.2 Lack of Marketing Knowledge…………………………………
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FUNDAMENTALS OF BUSINESS TO BUSINESS MARKETING Business-to-business (B2B) describes commerce transactions between businesses‚ such as between a manufacturer and a wholesaler‚ or between a wholesaler and a retailer. Contrasting terms are business-to-consumer (B2C) and business-to-government (B2G). B2B (Business to Business) Branding is a term used in marketing. The volume of B2B (Business-to-Business) transactions is much higher than the volume of B2C transactions. The primary reason
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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
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customer relationships. a. Management b. Control c. Marketing d. Human Resources D5. The two fold goal of marketing is to attract new customers by promising superior value and to _____. a. keep and grow current customers by delivering satisfaction b. keep and grow current customers by delivering competitive pricing c. keep and grow current customers by delivering friendly service d. all of the above C6. Marketing is more than _____ and advertising. a. distribution b
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NAME OF STUDENT VU THI THANH PHUC IBD REG. NO. 1013106062 UNIT TITLE Marketing Principles (MKT) UNIT / UNIT CODE Unit 20 : Y/601/1261 ASSIGNMENT NO 1 of 2 (Individual Report) LECTURER/TUTOR Mr.JEFFERY LIM / Mrs. Ha SUBMISSION DEADLINE April 9th (Monday)‚ 2012 (Ms. Lam’s Off 12hr00) INTRODUCTION Each one‚ who has gone to visit Malaysia‚ will be impressed by a chain of HALAL family restaurants‚ which are operated by The Chicken Rice Shop Restaurants
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preclude economies of scale. ◦ simultaneous → extensive resource thus‚ resulting in higher operating risk‚ may decide to leverage across asia pacific area‚ facilitate economies of scale. ← Concentrated approach vs diversified approach ◦ concentrated → resources limited/concentrated in limited number of markets which will reduce cost and operating risks. Economies of scale. Only concentrating on a number of market ◦ Diversified → spread risks exposure‚ broadens market knowledge
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PART 2 PEST ANALYSES: INTRODUCTION: PEST analysis means it is worried with the environmental influences on a business. And the structure of the business pattern One method of planning your business is to undertake a PEST analysis. PEST analysis involves looking at the Political‚ Economic‚ Socio-cultural and Technological factors that could affect your company. The identification of the influences of PEST is a manner useful to summarize the outside environment in which businesses function
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klkhgdishg CASE 1-1 Starbucks---Going Global Fast 1. Identify the controllable and uncontrollable elements that Starbucks has encountered in entering global markets. Ans. I think the controllable factors that Starbucks has encountered entering the global market are similar to those in their domestic market. These factors include product‚ price‚ place and promotion. The Starbuck’s name and image connect with millions of consumers around the globe. Internally‚ Starbuck’s is able to make adjustments
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