Master of Business Administration - MBA Semester 2 MB0044 – Productions & Operations Management Assignment Set- 1 Q.1. What do you understand by Vendor-Managed Inventory (VMI)? Ans: Some firms have successfully improved their supply chain performance by implementing an approach known as Vendor Managed Inventory (VMI). With VMI the vendor specified delivery quantities sent to customers through the distribution channel using data obtained from EDI. Vendor Managed Inventory (VMI)
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Inbound Marketing in your hotel. How do you get started? Give a detailed and in-depth answer‚ using examples to demonstrate your understanding. Implementing the inbound marketing is a very good idea that will pull the targeted customers to your company‚ not likeunlike the old way that the company is looking for the customers through some old marketing tactics. Nowadays‚ it becomes one of the most useful marketing tools and it is all about online websites. To implement the inbound marketing in a hotel
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practical value to marketing managers of the analytical frameworks devised by the Boston Consulting Group‚ M.E. Porter and I. Ansoff. Use a variety of industry examples to illustrate your response. Marketing management is a business discipline which concentration on the practical use of marketing methods and the management use of a company’s marketing resources. Business marketing managers are required to carry out a broad marketing planning process thus that they can assess the marketing environment and
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successful you have to be very open minded and view life from other perspectives. Semester at Sea will give me a first-hand experience to witness some of the social inequalities that many times serve as the basis of crime and will also give me a global perspective that will benefit me as an international lawyer. I originally wanted to study abroad in Spain but as I was looking into it‚ the server recommended me Semester at Sea. As I delved into it I fell in love with it. The program consists of a floating
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PROPOSAL ON MARKETING BRAND MANAGEMENT This proposal is about one particular aspect of marketing‚ “Brand Management”. Marketing is a vast discipline so as a part of writing this proposal; I chose one particular aspect of it‚ which will provide information about several aspects of brands in global scenario. The main objectives of writing this proposal are: 1. Understanding the concept of brand and brand management 2. How brand names get evolved 3. Relationship of brand management and marketing
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Marketing: “A social and managerial process by which individuals and groups obtain what they need and want through creating and exchanging products and value with others.” “Managing profitable customer relationships”. Creating‚ delivering‚ and communicating superior customer value Evolution: Production (none)‚ sales (one way‚ marketing (two way) What can be marketed: Goods‚ Services‚ Places‚ Persons‚ Ideas‚ Events‚ Organizations‚ Information‚ Experiences. Mkt Myopia: Focusing on short-term
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and manufacturing activities Ex. JCPenny sells Arizona Jeans (Private Label) Forward Integration- manufacturers undertake retailing activities Ex. Ralph Lauren operates its own stores Friday‚ January 18‚ 2008 *4 Functions of a Retailer* 1. Provides an assortment of products and services 2. Breaking Bulk Breaking down large shipments so products can be distributed accordingly 3. Holding Inventory to keep inventory ready for purchase; works hand-in-hand with "breaking
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from ‘Marketing Research’ by Dr. Naresh K. Malhotra • “Who” – Respondent uses personally or the brand used by the household? • “What” – If more than one brand of shampoo is used? Should the respondent mention most preferred brand or recently used brand or the brand used most often or the brand that comes to the mind first? • “When” – Does the researcher means last time‚ last week‚ last month? • “Where” – Although it implied that the shampoo is used at home‚ but it is not specified clearly. 1
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M013Marketing Management Academic Year 2014-15 Module Handbook Module Co-ordinator: Dr Cathy McGouran Office: Haldane 129 Office Hours: Mondays 16.30-17.30; Friday 14.30-15.30 Email: c.mcgouran@swansea.ac.uk Teaching Staff: Sarah Owens Office: Haldane 135 Office Hours: Monday 10.30 -11.30 ; Thursday 4.30 -5.30 Email: s.j.owens@swansea.ac.uk School of Management MN- M013 Marketing Management Module Overview Introduction As co-ordinator of the Marketing Management module‚
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Assignment 1 1.) Please write me a paragraph explaining your understanding of the difference between the terms "production management" and "operations management". In the past‚ operations dealt primarily with manufacturing industries. The operations process within manufacturing industries deals with the inputs of raw materials‚ energy‚ labor‚ and capital which then are transformed into finished goods. Production management is the planning/organizing/management of systems related primarily to
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