Macro-Environment Analysis for AirAsia The factors of Macro-enviroment suggest that there is a huge scope of growth for AirAsia in Asia. The huge population with rise in middle class and a lot of disposable income together with the absence of affordable forms of transportation post a high demand for AirAsia as a low cost airline. It is also anticipated that due to the rapid urbanization trends the air travel market will continue to grow at a fast pace. The geographical structure of Asia which is
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The Recent and Latest Trends in Marketing Businesses usually succeed due to two basic factors and both relate to investments. Firstly‚ it is the capital that must be invested in order to get the returns. Secondly‚ it is the investments made on your advertising and marketing tactics that must be well planned‚ strategized‚ executed and implemented in order to ensure that your business flourishes. There are basically two methods of marketing a product. Using traditional marketing methods like advertising
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Current Trends in Marketing The year 2011 has brought many new trends to Marketing. Companies are stepping out of their boxes to compete for the top position in an economy that is still very injured. Many companies have realized that the best way to thrive is to tap into the many online innovations consumers are attached‚ addicted‚ and dedicated to. Simply advertising on the radio and in the newspaper is a thing of the past. More marketing dollars are being spent on digital marketing because;
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Demographics Mercury Drugstore’s Primary Target Market Demographics : Ages ranging from 18 to 65 years old who may be male or female that belong to any social class – B‚ C‚ D‚ and E Marital status – no specific status. The available market size using research data show that 6 out of 10 Filipinos are now opting for generic medicines over the more expensive branded counterparts. For a $2 Billion Pharmaceutical market in the Philippines $1.2 Billion (60%) - Generics Medicines $800
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The Marketing Environment: – Apple’s iPhone 5 Executive Summary This report will analyse and describe the significant elements in the marketing environment that affect Apple’s iPhone 5 directly and indirectly. This report will outline the importance of these elements in the success of a business and will then conclude whether or not Apple’s iPhone 5 will successfully launch in the UK after looking at evidence from journals‚ textbooks and webpages. Contents List: 1. Introduction..............
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RECENT TRENDS IN MARKETING IN HOSPITALITY INDUSTRY CLUB: READING CLUB LECTURER: PROF. SNEHAL LUNE SHRUTI INGLE (121) KRUTIKA SHELKE (155) SAGAR IRABATTI (122) KARAN BANGERA (103) ANKUR CHAUHAN (111) INTRODUCTION TO MARKETING According to Phillip Kotler‚ “The term Marketing is defined as a social and managerial process by which individuals and groups obtain what they need and want through creating‚ offering and exchanging products of value with others” Marketing is basically informing an
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4) a)What Is an IP Address and what is it is also known as? -A number that uniquely identifies each computer or device connected to the Internet. b) What are the four categories of output? -Output is data that has been processed into a useful form called information. Four types of output are text‚ graphics‚ audio‚ and video. Text consists of characters (letters‚ numbers‚ punctuation marks‚ or any other symbol requiring one byte of computer storage space) that are used to create words‚ sentences
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The Marketing Environment consists of a complex set of interacting forces and influences outside the marketing department of an organization. The Marketing Environment affects the organization’s ability to build and maintain mutually beneficial relationships with its target customers. Through continuous monitoring its Marketing Environment a company must be able to anticipate change and act in a pro active way rather than leaving it to a reactive reaction. It must also keep up to date by realizing
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Micro Environment; It means the internal environment of the company and it is also called small environmental forces which directly or indirectly affected the company. It has some forces which are discussed below Company; Cadbury dairy milk is a company which manufactures the products like chocolate. There are different departments in the company who collectively responsible to make the products. Suppliers; Suppliers are those persons who provide the raw material to the company like cocoa
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concerned to manage firm’s activities and resources to the environment in which it operates. This essay will analyse the micro and macro external environment in the part five years (2000 to 2006) of IBM Company by using PESTEL and five forces model to analyse in the first part. The second part will discuss about the advantages and disadvantages of the two possible alternative strategies for IBM. Part 1: Analysis of Micro and Macro External Environment 1.1 PESTEL Analysis The external factors can be
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