Market-Orientation During the past decade‚ market orientation has received considerable attention from both academics and practitioners. This trend reflects both a long standing neglect of construct‚ (Webster‚1988‚ Kohli and Jaworski 1990) and a widespread acceptance of its importance (Houston‚ 1986‚ Webster‚1988‚ Kohli and Jaworski 1990). Building on the initial research by inter alia Kohli and Jaworski (1990)‚ Narver and Slater (1990) Deshpande et al (1993) significant progress has been made in
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1: QUESTIONNAIRE 1 1 QUESTIONNAIRE TO MEASURE THE LEVEL OF MARKET ORIENTATION OF A FIRM The content of this supplementary note links with the following chapters: 1 (page 25)‚ 2 (page 41)‚ 18 (page 429) How to fill in the questionnaire In the box to the right of each statement‚ rate the firm using a scale of 0 to 10. The rating scale has 11 positions (see below): a score of 0/10 means that you‚ personally‚ totally disagree with this description; a score of 10/10 means that you fully agree
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Outline the evolution of market orientation By the evolution of market orientation we understand that marketing has gone through since the Industrial Revolution until the present. We can divide this evolution in 4 different stages or eras‚ from the oldest to the newest: Production Era Product Era Sale Era Marketing Era There are loads of differences between the different eras but the main difference is the goal the businesses try to aim in each era. Through the History the aims and goals of
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A Market−Oriented Strategy for Small and Medium Scale Enterpri A Market−Oriented Strategy for Small and Medium Scale Enterprises A Market−Oriented Strategy for Small and Medium Scale Enterprises Discussion Paper Number 40 Kristin Hallberg IFC INTERNATIONAL FINANCE CORPORATIONbreak Copyright © 2000 The World Bank and International Finance Corporation 1818 H Street‚ N.W. Washington‚ D.C. 20433‚ U.S.A. All rights reserved Manufactured in the United States of America First printing April 2000
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Marketing tactics - the marketing mix of kitkat Product strategy No matter how effective the promotion and packaging‚ a firm will find it very difficult tomarket a product which fails to satisfy a consumer need. Kit Kat owes much of itssuccess to a unique dual appeal - as a four-finger chocolate bar‚ (known in theconfectionery trade as a countline)‚ sold at corner shops and newsagents‚ but also as atwo-finger biscuit sold in supermarkets. It is a product that has endured because of itswide appeal
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Explain how a market orientation affects a company. Critically evaluate alternative orientations. Illustrate your answer with relevant examples. A market orientated organisation embraces activities geared towards understanding the customers needs and developing products‚ solutions and delivering services achieve superior customer satisfaction. In order to achieve a market orientated organisation‚ all business units must work and act together towards the one common goal of achieving long-term
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years later as KitKat Chocolate Crisp. It became KitKat after the Second World War. No one is sure where the name KitKat came from but it’s thought the famous KitKat Club of the 1920s had some influence. Within two years of launch‚ KitKat was established as Rowntree’s leading product‚ a position that it has maintained ever since. During the war‚ KitKat was portrayed as a valuable wartime food and advertising described the brand as “What active people need”. For most of its life‚ KitKat has appeared
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Market Orientation Assessment: 1. Customer Orientation Information about customer needs and requirements is collected regularly. DON’T KNOW (0) There is no statement in the article indicates that Psion has collected information about customer needs and requirements regularly. Our corporate objective and policies are aimed directly at creating satisfied customers. DON’T KNOW (0) Since there is no clear statement in the article whether Psion has collected information about customer needs and
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Bachelor’s Thesis Autumn Semester 2007 Department of Business Studies Market Orientation as a Branding Strategy by Harriet Mellenius Supervisor: Olivia Kang ABSTRACT This paper studies the impact of market orientation strategy on brand awareness. Zara‚ a Spanish leading fashion retailer and an example of a brand using this strategy‚ is compared to three other multinational brands operating in Stockholm‚ Sweden‚ namely Topshop‚ Mango and United Colours of Benetton. The latter brands
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Define the Market Orientation Naver and Slater (1990) define Market Orientation as “the culture” that most effectively and efficiently creates the necessary behaviours for the creation of superior value for buyers. They measure the extent of market orientation through the behaviours that are the manifestations of those values. These authors define three basic components as: customer orientation‚ competition orientation and inter-functional coordination (Naver‚ 1995). Market Orientation is the business
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