MODULE-2 WORKING CAPITAL MANAGEMENT Concept of Working Capital Working capital refers to short-term funds‚ need to meet operating expenses. It refers to the funds; to finance its day-to-day operations. It is concerned with current assets and current liabilities. If a firm can’t maintain a satisfactory level of working capital‚ it may become insolvent or bankrupt. Broadly there are 2 concepts of working capital‚ such as: 1. Gross Working Capital (Quantitative Concept) 2. Net working
Premium Inventory Cash conversion cycle Working capital
Beckett Organics does not match the characteristics of marketing oriented organisation as describe above‚ it is rather a mixture a product and sales oriented organisation. Below are some arguments that will substantiate above statement: Target Market – Middle Class Customers v/s Price of the Vegetables Most of the customers of Beckett Organics are either old friends or customers who have been loyal to him when he first grew vegetables in his back garden. Customer acquisition is almost inexistent
Premium Marketing
Certificate IV in Marketing - Profile the Market Assessment activity I 1.1 Assume that you have been asked to identify new marketing opportunities for your organization or an organization you have researched. Create a profile of the organisation using the table… Start by considering your organisation’s current performance What is the organisation’s core business? - IT in Hospitality – Hotel Software & Restaurant Management Systems. What are its core products/ services? -POS – Point
Premium Marketing
PERFUME MARKET! Index! • Brand Recognition • Marketing • Future Expectations • Success Stories • Leading Competition • Product characteristics • Global Market for flavors and fragances • Bibliography • Consumer behavior • Market Research Brand Recognition! • One of the strongest selling points of perfume is its brand name • Often bolstered by celebrity representation • Of the top-selling 100 fragrances‚ 31 are tied to celebrities (2012) • In
Premium Marketing Perfume Aroma compound
Marketing Mix Price‚ Product‚ Promotion and Place are known as the “Four Ps” of Marketing. The combination of the four Ps used for the purpose of marketing product is known as the Marketing Mix. For this paper‚ you will be creating your own marketing mix. Specifically‚ you will: Choose a tangible product with which you are familiar and describe why this product is of interest to you. Describe‚ in your own words‚ the characteristics of each element of the Marketing Mix (price‚ product‚ place
Premium Typography Citation Marketing
ECO535 TUTORIAL 3 –Chapter 4 –HUMAN CAPITAL INVESTMENT TRUE & FALSE QUESTIONS (10 MARKS) ANSWER ALL QUESTIONS 1. General training will be paid for by the employee in the form of a reduced wage Specific training reduces the worker’s value to the firm‚ because the worker’s wage rate would have to rise . 2. Specific training reduces the worker’s value to the firm‚ because the worker’s wage rate would have to rise . 3. A worker who has obtained specific training is more likely to establish a
Premium Supply and demand Capital accumulation Finance
role of sampling in market research? Market research involves the collection of data to obtain insight and knowledge into the needs and wants of customers and the structure and dynamics of a market. In nearly all cases‚ it would be very costly and time-consuming to collect data from the entire population of a market. Accordingly‚ in market research‚ extensive use is made of sampling from which‚ through careful design and analysis‚ marketers can draw information about the market. Designing the sample:
Premium Marketing Marketing research Market research
can have the same ideologies or require a similar product.Target Marketing refers to a concept in marketing which helps the marketers to divide the market into small units comprising of likeminded people. Such segmentation helps the marketers to design specific strategies and techniques to promote a product amongst its target market. A target market refers to a group of individuals who are inclined towards similar products and respond to similar marketing techniques and promotional schemes. | |
Premium Marketing Target market Teeth
marketing pillars - segmentation‚ targeting‚ positioning and differentiation While there may be theoretically ’ideal ’ market segments‚ in reality every organization engaged in a market will develop different ways of imagining market segments‚ and create product differentiation strategies to exploit these segments. The market segmentation and corresponding product differentiation strategy can give a firm a temporary commercial advantage. Criteria for Segmenting An ideal market segment meets all
Premium Marketing Product differentiation
P4-Market research for market planning In this assignment I will be creating a product for Starbucks and discussing what the marketing planning processing model is and how companies uses it when marketing new products. What is marketing planning process? The marketing planning process is when a company analyse the external environment by using PESTLE and SWOT analysis and SMART objectives. PESTLE stands for: Political‚ Economic‚ Social‚ Technological‚ Legal and Environmental SWOT stands for:
Premium Marketing Coffee