DATE: FEBRUARY 11TH‚ 2013 TRIMESTER 1 YEAR 1 Question: Explain the marketing concept and its importance to an organization making particular reference to developing relationships with customers. Use an organization familiar to you for illustration. The Marketing concept is concerned with first identifying the consumer needs and then making products that give maximum customer satisfaction. According to Jobber David (Principles and Practice of Marketing‚ 2010) in order to achieve organizational
Premium Marketing Bank
product or product range designed by two different companies for two different markets and compare and contrast the design principles. Why makes design products much better? Because designers carefully experience and observe the details of every part of life; they even solve the unobvious problems that people didn’t notice. “When the products are aesthetically pleasing and functionally correct‚ we tend to be unaware of them”(Stumpf 2000‚ P12-13). Moreover‚ why will a similar product be designed
Premium Design
Explain the principles of Adult learning and the learning cycle. Motivation –Adult learner needs to understand the need for the learning without feeling intimidated or offended. Trainers need to build rapport and welcome the learners into an open and friendly climate. Trainers should set an appropriate level of concern depending on the importance of the objective‚ bearing in mind that learning is best received in a low to moderate stress setting. An appropriate level of difficulty needs to be
Premium Psychology Education Learning
Contents Introduction: 1 Executive Summary: 2 LO1: Understand the concept and process of Marketing: 3 1.1Explain the various elements of the marketing process: 3 1.2 Evaluate the benefits and cost of marketing orientation for Boots: 4 LO2: Be able to use the concepts of segmentation‚ targeting and positioning. 6 2.1 Show macro and micro environmental factors which influence marketing decision for Boots. 6 2.2 Which segmentation criteria would be most applicable for the Boots? 7 2.3 A range of product
Premium Marketing
The Neighbourhood Principle failed? “My neighbour asked me if he could use my lawnmower and I told him of course he could‚ so long as he didn’t take it out of my garden.”1 This is the concept which most people tend to associate the word ‘neighbour’ with. However‚ in the court room‚ the word makes a decisive shift away from this traditional meaning and endeavours to establish to whom a common law duty of care is owed. The law has expanded considerably by the onset of the concept of foreseeable plaintiffs
Premium Tort Duty of care Negligence
Values and Principles assignment Part I The Public Administrative Act 2004 demonstrates what people in the public sector can and can’t do. The purpose of it is to provide a framework for good governance in the Victorian public sector and in public administration generally in Victoria. The values of the public sector code of conduct include responsive service‚ integrity‚ impartiality‚ confidentiality‚ accountability‚ providing high quality services‚ respect‚ leadership and using powers responsibly
Premium Ethics
Name: SHINELLE S. CUNNINGHAM Question: Explain with examples the following concepts and values. a. Fairness and Equity b. Power and Authority c. Individualism and Collectivism d. Rights and Responsibilities e. Integrity and Trust Most definitions of industrial relations imply a certain shortcoming or inadequacy. For instance‚ Michael Salmon’s suggestion‚ after much examination of the submissions of others‚ that “it is possible” to define industrial relations
Premium Human rights Employment Management
Business Entity Concept Money Measurement Concept Going concern concept Accrual basis concept Consistency Concept Materiality and aggregation concept Concept on Prudence Matching Principle Dual Aspect Relevance Concept Introduction Financial accounting has a number of conservative laws which have been considered over the years and all the possible identifiable rules are: Business Entity Concept‚ Money Measurement Concept‚ Going concern Concept‚ Accrual basis of accounting concept‚ Consistency
Premium Balance sheet Generally Accepted Accounting Principles
FACULTY OF OUM BUSINESS SCHOOL MAY 2014 BBPP1103 PRINCIPLES OF MANAGEMENT MATRICULATION NO : 890223075366001 IDENTITY CARD NO. : 890223075366 TELEPHONE NO. : 0124548042 E-MAIL : eshas@oum.edu.my LEARNING CENTRE : PENANG table of contents page 1.0 introduction 2 2.0 ARTICLE 1 4 3.0 ARTICLE 2 7 4.0 ARTICLE 3 10 5.0 CONCLUSION 12 6.0 ATTACHMENT 13
Premium Management Alex Ferguson Starbucks
Concepts of Leadership | | Leadership is a process by which a person influences others to accomplish an objective and directs the organization in a way that makes it more cohesive and coherent. Program directors and managers can use this resource to inspire staff to higher levels of teamwork. This article defines concepts of leadership in terms of what a leader must be‚ know‚ and do. Reprinted with permission from Donald Clark. | Good leaders are made not born. If you have the desire and
Premium Leadership