Assignment 1 Strategy The article I read was‚ What is Strategy? By Michael Porter. In this article Porter talks about the abilities to set objectives‚ facilitate resources and the ability to target the right customers. Porter goes onto talk about operational efficiency. He says that operational efficiency is basically preforming similar tasks better than your rivals in the market. He emphases being different than your rival‚ don’t try to be better and always out do them‚ be different and unique
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Essay Plan. Assess why a mix of promotional strategies is important in the marketing of goods and service. 4 Promotional Strategies -Relationships Marketing -Sales Promotion -Advertising -Public Relations… Publicity EXECUTIVE SUMMARY! (hand in hand with eachother to make marketing effecting) Relationship Marketing DEFINE Development of long-term relationships through incentive with individual customers: The ultimate aim of relationship marketing is to create customer loyalty by
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in an industry following the same strategy along the same strategic dimensions” (Porter‚ 1980) * “a set of firms competing within an industry on the basis of similar scope and resource commitments” (Cool & Schendel‚ 1968) Competitive strategy = a choice of which strategic group to compete in = the choice of the easiest group to ‘get into’ Strategic groups are organisations within an industry with similar strategic characteristics‚ following similar strategies or competition on a similar bases
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caseDominos video case Domino’s Pizza marketing research played a customer insights role. They had to find out what customers thought of Domino’s and what they wanted‚ except. The research showed that Domino’s had a great service‚ but the taste of its pizza was far behind competitors. Marketing research gain deep insights into customers needs using social media channel and focus groups. It got direct media feedback from consumers through Facebook‚ twitter and other social media. The marketing information
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Evaluation Parameters: Basic design: 10marks; Content creation: 10 marks; Suitability of the email with the segment targeted-10 marks Learning Outcomes: (Student to write briefly about learnings obtained from the academic tasks) The operations in a dominos franchisee and any improvements that can increase the efficiency. Declaration: I declare that this Assignment is my individual work. I have not copied it from any other student’s work or from any other source except where due acknowledgement is
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factors that influence an organization’s decision making‚ and affect its performance and strategies. Now‚ i am going to analyse company’s position by using PESTLE and porter’s 5 Forces. Pestle Analysis: This is mainly used to analyse the wider macro environment in which the business operates. The organisation normally have no control over PESTLE factors and at best should try to accommodate and device strategies around these factors or issues. Political factors: The political environment in EU has
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1.1 AN introduction overview TO THE BROAD AREA OF TOPIC This research is based on comparison of Quality service offered by pizza hut and dominos. This research is based on to test the quality of service and comparison between two Pizza Houses. The fast food industries of India is experiencing phenomenal growth and is one of the fastest growing sectors in the country‚ with the compounded annual growth rates of the market crossing 25%. Further‚ on the back of changing and busy lifestyle‚ fast emerging
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Keurig’s main generic business strategy is a focused differentiation strategy. Their product as a whole is focused on coffee drinkers in general you can’t really market their machine or products to someone that doesn’t drink coffee. The only other use would be for something such as hot chocolate‚ which would be an expensive purchase just to have a hot chocolate maker. They’re differentiated by offering a specific product that’s far better compared to their rivals. The products they offer are different
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INFORMATION MANAGEMENT Assignment 1 Assume Mr. Sudesh is running a small confectionery shop. He makes all the purchases from a delivery van on cash basis and sells the items to his customers only on cash‚ i.e. no credit is allowed to the customer. Since the shop is a small business‚ it is a one-man show and Mr. Sudesh does not file any income tax return. Recently‚ he has started free home delivery on bulk order of at least Rs. 5000. In that case too he accepts the down payment on delivery.
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entrepreneur of Domino’s Pizza at Sunway Petaling Jaya‚ Selangor. On an average in earn more than RM 7‚ 000.00 per month as salary of a corporate manager. For myself this is just the stepping stone as an entrepreneur in this company. I concentrate on the business in my workplace because I have the confidence that Domino’s would change my future and would make me to live a fruitful life. Domino’s Pizza is an American restaurant chain and international franchise pizza delivery corporation headquartered
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