Learner name Group 5 Date issued 30.6.2013 Qualification Pre‐Master Course (Business Studies) Assignment title Assessor name Daw Mu Mu Theint Completion date 3.8.2013 Unit number and title Unit‐1‐4‚ Principles of Management‚ Marketing Principles‚ Human Resources Management Submitted on 3.8.2013 Analytical Report on Business Organization (Assignment 1 of 1) In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found
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of the companies‚ a marketing strategy is introduced. The marketing strategy will create lucrative marketing mixes for defined target markets. The marketing mix is composed of four key elements to execute or examine for marketing campaigns. The chief goal of the marketing committee is to optimize the marketing mix. Marketers can enhance their outcomes and marketing value by implementing the right combination of the four P’s. Discrete alterations made to the marketing mix are looked at as tactical
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Marketing Mix Paper – Price Pricing is the amount of money that customers are willing to pay a business for a good or service. There are a lot of contributing factors that businesses must take into consideration when it comes to effectively setting a price for a good or service. It includes direct and indirect cost as well as opportunity cost. Pricing is one of the most important elements of the marketing mix. It is the only one of the components that generate revenue‚ while promotion‚ place
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Recommending a Marketing Mix for an Organic Cosmetics Brand (Final Draft) Student´s Name: Ana Pichardo Teacher: Ileana Bauche Due Date: April 23‚ 2013 Word Count: approximately 1700 words Executive Summary In this research two well-designed marketing mixes were made‚ aiming to improve an already existing organic products cosmetics brand named “LUSH®” as well as accommodating its features to the demands of the target market. One of the marketing mixes being directed for physical
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Brief Background on the market and competition * Identify communication objectives * Target group * Brand Positioning * What are the media vehicles used? Describe Campaign * Are they integrated? Criteria: All elements of the marketing mix are coordinated. Focusing on a single message so as to develop stronger relationships with the customers. Messages are focused and single-minded messages as these are processed more effectively by consumers (can use SIMPLE criteria) * Explain
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1 INTRODUCTION TO GLOBAL MARKETING SUMMARY A company that engages in global marketing focuses resources on global market opportunities and threats. Successful global marketers such as Nestle‚ Coca-Cola‚ and Honda use familiar marketing mix elements – the four Ps – to create global marketing programs. Marketing‚ R&D‚ manufacturing‚ and other activities comprise a firm’s value chain; firms configure activities to create superior customer value on a global basis. Global companies also maintain
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<www.fctgl.com/investor-and-media/governance/code-of-conduct> Michael Baker (2003). The marketing book. 3rd ed. Great Britian: Elseveir Science. 285 Pricing strategies‚ 2015‚ Business and industry portal May2015‚<www.business.qld.gov.au>. Mars-library‚ 2015‚ Marketing mix in marketing strategy: Product‚ Price‚ Place and Promotion‚ viewed 3 June 2015‚ < www.marsdd.com/mars-library/the-marketing-mix-in-marketing-strategy-product-price-place-and-promotion> Learnmarketing‚2015‚Pricing strategy experts
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FedEx Marketing Mix Federal Express is an express transportation company‚ founded in 1973 by Frederick W. Smith. During his college years‚ he recognized that the United States was becoming a service-oriented economy and needed a reliable‚ overnight delivery service company designed to solely transport packages and documents. He wrote a Yale term paper on this idea and received a C. His professor thought it would never work. Fortunately for Frederick Smith‚ he did not take it to heart and ended up
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ADAPTATION STRATEGIES Once a decision for a market entry mode has been made‚ a firm must decide how much‚ if any‚ to adapt its marketing mix—product‚ promotion‚ price‚ and distribution—to a foreign market. Warren J. Keegan (1995) distinguished five adaptation strategies of product and communication to a foreign market (see Table 1). These strategies are discussed briefly below. Straight Extension In straight extension the same product is marketed to all countries (a "world" product)‚ except for
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Scenario and task: The Nestle company has decided to commission you to develop a coherent marketing mix for their brand new breakfast cereal product aimed at children under the age of 16 in the UK to compete with cereal products from Kellogg’s and Quaker. Product - organic granola bars Competitors Quaker Oats Chewy Granola Bars and Nature Valley Crunchy Quaker Oats Chewy Granola Bars Quaker Oats has presently a selection of granola bars that have 8g of whole grains that contain no high fructose corn
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