Unit 6: Introducing Retail: Assessment A What is branding? Branding is the process involved in creating a distinctive look for a product or company to create desire and trust from the customers for the product or company. A way a company can use branding is by having a unique logo or motto because it’s a way for the public to recognise the brand. The name of the company is another method of branding‚ because if your company has a name that stands out from others it will catch people’s attention
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Business Report Executive Summary Sorry Haven’t done it‚ will do it in the holidays Inventory and/or Quality management Strategies The Business Needs to Focus on to Improve its quality and operations management. Quality Management Quality management is the strategy which a business uses to make sure that its product meets customer expectations. Three quality approaches are quality control‚ quality assurance and total quality management. Quality control is a process which a business pursues
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The Benchmarking is essential tool for continuous quality improvement for I Department of Business Administration Total Quality Management Report on Benchmarking for Zong Submitted To Madam Shahina Amin Prepared By Fawad Khan (Roll # 914521) MBA IV-Sec “A” Evening II Acknowledgment First thanks to Almighty Allah who guided me to a bright future. I would like to acknowledge those who help me to provide this report a success. My teacher Madam Shahina Amin whose guidance and learning
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high visual appeal and exciting texture. They intend to expand our presence to every corner of the world and strive to make “PRAN” a truly international brand to be recognized globally. Major Marketing Strategy Marketers can use the Marketing Mix model as a tool to assist in defining the marketing strategy. Marketing managers use this method to attempt to generate the optimal response in the target market by blending four variables in an optimal way. The 4p’s are: Product: Anything that
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Restaurants. • Based on the case and your current understanding‚ complete an assessment of the strengths and weaknesses of how McDonald’s manages the 7P’s (the Marketing Mix). • Discuss how McDonald’s management of the 7P’s has developed over time. • Discuss whether and how McDonald’s is still effectively utilizing the marketing mix to sustain market leadership today? Due: Tuesday February 5‚ 2013 in class Format: • Proper referencing required. • Grammar and spelling count. • Double
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Unit 9 – P2 Explain the role of promotion within the marketing mix for a selected product/service. Ias one of the four P’s within the marketing mix. in relation to Thorpe Park and on their main appeal the rides. To promote their rides‚ Thorpe Park uses a series of promotional methods‚ and advertising is they would like their advert to air and it also helps to give customers a visual of what the rides look like. Place‚ Thorpe Park is situated in Staines‚ the ride saw is situated within the actual
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product determines the maximum price customers will pay. Internal consideration: • Marketing objectives: marketing positioning‚ survival or current profit maximization influence pricing strategy • Marketing mix strategy: pricing must be carefully coordinated with the other marketing mix elements. • Organizational consideration: in small company‚ the CEO will set the price while in large company‚ divisional or product line manager determine it. External consideration: • Nature of the market
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Service Quality Definition of Service Service is largely intangible and is normally experienced simultaneously with the occurrence of production and consumption. It is the interaction between the buyer and the seller that renders the service to customers (Groonroos‚ 1988). Kotler & Keller‚ (2006) defines service as any act or performance that one party can offer to another that is essentially intangible and does not result in the ownership of anything. Services refers to “economic activities
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superior in one or more aspects compared with others to be welcomed by customers and make them to pay well for each product (Cutler‚ 179:1379). Vignali in an article with the title of McDonald: the globalization thought by using marketing mix states that in marketing mix‚ McDonald has offered its product by creating a standard procedure that is the same in all parts of the world‚ according to the tastes and traditions of different countries and their laws. For instance‚ Big Mac is served without cheese
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India‚ but also on shelves across USA‚ UK‚ and the Middle-East. Positioning * Healthy and tasty ready to eat packaged food * Different varieties for South‚ North ‚ east and west * Varying packet size ranging from 100g to 1Kg Marketing Mix Product Haldiram offers a various products as per customers requirement such as sweets‚ dairyproducts‚ snack sets. PRICE: Competitive price to penetrate the unorganized markets. Prices varies according to weights & type of Namkeens & rawmaterials
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