MARKETING Marketing is the process by which companies determine what products or services may be of interest to customers‚ and the strategy to use in sales‚ communications and business development. It is an integrated process through which companies create value for customers and build strong customer relationships in order to capture value from customers in return. The term marketing concept holds that achieving organizational goals depends on knowing the needs and wants of target markets and delivering
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On this first page‚ you will find important information on the examination. Before starting with the examination you should read this information! Examination: Marketing (6012B0238 & 6012B0323) Date and time of the examination: Friday‚ 21 December 2012‚ 9.00h-11.00h Duration examination: 120 minutes You have to identify yourself with the UvA identification card‚your UvA student card‚ passport or driver’s license‚ or any other valid proof of identification for students containing a photograph
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steady decrease in sales over the past five (5) years. Appointed as the Strategic Marketing Manager‚ the main objective is to propose an alternative approach to achieving the company’s goals and objectives. FINDINGS: 2.1 Show the macro and micro environmental factors which influence marketing decisions. Marketing Environment The marketing environment consists of all the factors of a market which impact a marketing management’s decision when producing products as well as developing and maintaining
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Export Marketing: Week 1 What is Marketing? Marketing is a customer focus that permeates organizational functions and processes and is geared towards marketing promises through value proposition‚ enabling the fulfillment of individual expectations created by such promises and fulfilling such expectations through support to customers value0generating processes thereby supporting value creation in the firm‚ customers and stakeholders. What is Marketing Management? Marketing management is the
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MARKETING ENVIRONMENT The aim of this lecture is: • To describe important role of Marketing Environment. • To differentiate between Macro and Micro Environments. • To assess the impact of Marketing Environment on Marketing Practices. • To describe various method/Model of Marketing Environment Scanning. Background Information Marketing cannot be practiced in a vacuum; as a business function is affected by various factors or elements within the business environments. According to Lancaster
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1.2 Introduction ’Marketing is so basic that it cannot be considered as separate function. It is the whole business seen from the point of view of its final result‚ that is‚ from the customer’s point of view’. - Peter Drucker. Marketing is indeed an ancient art; it has been practiced in one form or the other‚ since the days of Adam and Eve. Today‚ it has become the most vital function in the world of business. Marketing is the business function that identifies unfulfilled needs and
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Marketing Mix Mkt 421 December 17‚ 2012 Scott Raasch Marketing Mix One of the traditionally used marketing tools by the firms to achieve its marketing objectives is the “Marketing Mix.” For growth and survival of an organization the marketing mix plays a vital role. A proper and carefully evaluated mix of these elements enables the marketer in achieving a consensus between the expectations of the target customers and the organizational objectives. Elements
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MARKETING MANAGEMENT TERM PAPER ON ADIDAS SUBMITTED TO SUBMITTED BY BRIJESH SINGH VIJAY SAI. D MBA 2ND SEM SEC:B CONTENTS 1. Introduction 2. Market Objectives of Adidas 3. Branding 4. Positioning Strategy 5. Segmenting Adidas 6. Considering the Family Life Cycle 7. Conclusion MOBILE MARKETING AT ADIDAS Introduction In
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Marketing Environment Marketing environment defined as ‘those condition and influences impingeing or potentially impingeing on marketing’ or anything that has an impact on what marketers do. Why pay attention? The world is changing constantly‚ if marketers don’t understand changes‚ they may be threatened. By consistently monitoring the environment‚ marketers can plan effectively and plan. There organisation ready to face change. Other definition; Actors and forces outside of marketing that
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Abstract The article‚ “Marketing Myopia” written by Theodore Levitt‚ illustrates how businesses interact in their particular industry’s life cycles of growth‚ maturity and decline. One of the primary focal points of the article is that businesses must know their industry in regards to satisfying their specific customer’s needs. Identifying customer needs and meeting them‚ allows for continued growth of the company and industry. Recognizing the necessity to satisfy customer’s needs rather than
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