Explain the various elements of the marketing process 3-6 1.2 Evaluate the benefits and costs of a marketing orientation for a selected organisation 6 2.1 Show macro and micro environmental factors which influence marketing decision 7 2.2 Propose segmentation on criteria to be used for products in different markets 7-8 2.3 Choose a targeting strategy for a selected product/service 8-10 2.4 Demonstrate how buyer behaviour affects marketing activities in different buying situations
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today’s business. Information System contains an input‚ processing‚ feedback and output‚ it is a combination of people‚ hardware‚ software‚ communication devices‚ network and data resources that processes data into useful information for specific activities that support organisation operations‚ management and decision making. With today’s sophisticated hardware‚ software and communications technologies‚ it often is difficult to classify a system as belonging uniquely to one of the four information
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six times higher than the costs of retaining old ones 5. Which of these is not part of the marketing concept? Matching competitors’ offering 6. What is the purpose of production orientation focus? The purpose of the organisation is to manufacture the highest quality products 7. Which of these is not a feature of a market driven business? They stick with the same products 8. Why do marketing-orientated companies attempt to create customer value? In order to attract and retain customers
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Western culture The term Western culture has come to define the culture of European countries as well as those such as the United States that have been heavily influenced by European immigration. Western culture has its roots in the Classical Period of the Greco-Roman era and the rise of Christianity in the fourteenth century. Other drivers of the Western culture include Latin‚ Celtic‚ Germanic and Hellenic ethnic and linguistic groups. Today‚ the influences of Western culture can be seen in almost
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1.0 Executive Summary Kentucky Fried Chicken (KFC) Malaysia is a major Quick Service Restaurant (QSR) operator in Malaysia and has been established for just over 20 years now. It serves mainly chicken related items‚ but offers side dishes to its consumers as well. Lately‚ more and more Malaysians have been opting for a healthier eating diet as a large number of them have become more health conscious. This has opened the door for KFC’s main competitors‚ such as McDonald’s‚ to come out with a new
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The Promotion Mix A promotional mix is the term used to describe a business’s total marketing communications program. KEY POINTS A promotional mix is the term used to describe a business’s total marketing communications program. It specifies how much attention to pay to each of the five promotion subcategories‚ and how much money to budget for each. Advertising - Presentation and promotion of ideas‚ goods‚ or services by an identified sponsor. Personal selling - A process of helping and persuading
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Some student may prefer academic works to extracurricular activities as for them‚ these activities serve a less important task than that of studying for an outstanding grade. Nonetheless‚ these students actually are oblivious to the potential cognitive abilities and emotional intelligence that can be attained and trained after taking part in the extracurricular activities. In my experience‚ fortunately‚ I had a chance to contribute to the annual Charity Fair of my A-level College‚ Abbey College
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Task 1 An Executive summary KWVR preservation society is a five mile long heritage railway line in West Yorkshire‚ England that’s runs from Keighley to Oxenhope. It’s a preserved line that runs mainly steam engines but with diesel locomotives too‚ it is also a volunteer run organization. It joins to the national railing network line at Keighley railway station and it’s the only heritage railway that operates a whole branch line in its original form. The main purpose of KWVR is to not only
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Culture can be basically defined as a pattern of learned behavior and ideas acquired by people as members of society. Culture was created in order to accommodate human beings in different society and establish their identity. Culture is not accustomed to one specific characteristic. It has a multiple dimensions. The way we talk‚ dress‚ eat‚ sleep‚ work and our knowledge and skills can be accustomed to our culture. These human manners are not uniform all over the place so‚ they change over time
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Sandhusen S. L. (2000). Marketing. 5th ed. NewYork. Barron’s Educational Series Belch G Baines P‚ Fill C and Page K - Marketing (Oxford University Press‚ 2008 ISBN 978- 0199290437 Kotler P et all - Principles of Marketing‚ 5th Edition (Financial TimesjPrentice Hall‚ 2010) ISBN 978-0273743279 Levens M - Marketing (Pearson Education‚ 2009) ISBN 978-0137013296 Pride W F and Ferrell 0 C - Marketing (Houghton Mifflin‚ 2007 ISBN 978-0618799701 Solomon M R et al - Marketing: Real People‚ Real Decisions
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