Competitive environment This external environment is all the forces‚ events and relationships exteral to the firm that may affect the future of the organization or the implementation of a mkt plan. Six most often studied macroenviromental forces: Political‚ economic‚ social technological‚ legal‚ demographic *competitive economic: a)Consumers Income: purchasing power Is a comparion of incomes an relative goods & services b)inflation: a measure of the decrease in the value of the money
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profit; co. can only win by finetuning value delivery process and choosing‚ providing‚ communicating superior value Value Delivery Process: begins before a product exists; 3 phases- Choosing the value: how mktg does before existence of product; segment mkt‚ select target‚ develop offering’s value positioning (STP) Providing the value: mktg determines product features‚ prices‚ distribution Communicating the value: utilize sales force‚ internet‚ ads to promote product Value Chain/ Market Sensing: Value
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Lesley Gallo Instructor Gregg Chalk Fundamentals of Marketing April 4‚ 2012 Victoria’s Secret Brand Foundation Brand Vision: Victoria’s Secret is a subsidiary company of Limited Brands‚ Inc. The mission statement of Victoria’s Secret is the same as Limited Brands‚ and other subsidiaries held by Limited Brands. “Limited Brands is committed to building a family of the world’s best fashion brands offering captivating customer experiences that drive long-term loyalty and deliver sustained growth for
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The initial seeds for a merger between Suez and Lyonnaise were sown in spring 1995‚ however the CEOs of both companies‚ after doing an analysis of the potential synergies and strategic fit‚ decided to delay the merger and instead refocus on strengthening both companies’ complementary businesses. Even before the merger‚ Suez and Lyonnaise had a history of joint investments as well as strong ties between their senior managers. By 1997‚ Suez also owned 18% of Lyonnaise. At the time of the actual
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KA-SR1.1 DR LEE TECK HEANG Y MR LYE KOK KEONG KA-LH3.1 MKT 302/MKT 260 - TUTORIAL KA-LH1.2 MS SHARINA A/P SILAVARAJ KA-LH1.2 MR JACOB KULLEH MKT 307 -TUTORIAL KA-LH1.2 MR JACOB KULLEH KA-SR1.1 MS LEU FONG YUEN KA-SR1.1 ACC 202 - TUTORIAL 2 QBM 276 - LECTURE 1 KA-SR1.2 MR LYE KOK KEONG HRM 202 - LECTURE 1 & LECTURE 2 KA-SR1.2 DR HARI QBM 276 - TUTORIAL KA-SR1.2 DR HARI KA-SR1.2 MKT 308-LECTURE 1 & LECTURE 2 DR ANG ENG SIENG KA-SR1.3 MR DINESH
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customer influences‚ competitive forces‚ legal & reg constraints Pricing Objectives * Image projection‚ profit maximization‚ mkt share‚ vol.‚ specific profit goals‚ other goals (ROI‚ IRR‚ ROS) Company Constraints * Price floor-bound by cost; price ceiling- bound by: competition‚ will to pay‚ regulation * Optimal Price: b/w max profit & max mkt penetration etc. General Pricing Strategies * Market point pricing: competitive or reactive pricing * Penetration pricing:
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Ford operates in the US auto mkt‚ a huge‚ but not a high growth market. Growth in last 7 yrs – 1% US players losing share to foreign players. Firms consolidating. Targeting smaller segments – large no of models‚ low sales volume / model Focus on fuel efficiency‚ alternate fuels. All firms targeting US mkt. Chrysler merged with Daimler Benz‚ breaking off now. Focussed on clean diesel Power - BLUETEC GM focussing on hybrid vehicles‚ tying up with Toyota. Toyota caught up with Ford in sales volume
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MKT B370 (Specimen) SUGGESTED SOLUTION SECTION A Question 1 (a) Students are expected to provide a short discussion including the following content. If too little inventory is maintained‚ there is a risk of stockout and potential lost sales. In addition‚ if there is not sufficient work-in process inventory‚ the production process may become too inefficient‚ raising the cost of production. On the other hand‚ if too much inventory is maintained‚ the carrying cost may become excessively
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FAR EASTERN UNIVERSITY Makati COURSE OUTLINE COURSE CODE : PRNMGT COURSE TITLE : Principles of Management and Organization COURSE CREDIT : 3 units‚ 3 hours per week Course Description: This introductory course provides the student background knowledge about the broad and complex field of management‚ both as a study or discipline and as a practice. It covers the basic management concepts of management‚ the general functions of planning‚ organizing‚ leading and controlling
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LT/ST rates -normal yield curve=LT higher than ST rates; upward -expectations theory-shape of yield curve depends on expectations concerning future inflation rates -mkt segm theory-every borrower&lender has a preferred maturity&slope of yield curve depends on supply of dem for funds in LT mkt relative to ST mkt -open mkt ops-fed reserve buys/sells treasury sec to expand/contract US money supply Ch. 6 Bond Valuation -bond-LT contract under which borrower agrees to make payments of int
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