BSBMKG502B - ESTABLISH AND ADJUST THE MARKETING MIX Assessment Task 1 – Work Based Knowledge Test 1. What are the characteristics of the products and/or services in your business? Ans. I am working in . We are selling burgers as well as fries and soft drinks. But recently we start selling frozen coke and ice cream‚ which Mc d was selling and now we are making good money. 2. How do these products and/or services relate to the market they are in‚ and to the immediate competitors? Ans. We have
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STRATEGIC PLAN WINTER 2005 Mission Statement The mission of the Davidson College Laundry is to provide laundry services to students‚ college departments‚ and private individuals. By doing so in a convenient‚ timely‚ personalized and financially responsible manner‚ the College Laundry enables students to spend more time in academic and extra-curricular pursuits and effectively supports departmental activity. Services include the care and handling of personal clothing‚ bed linens‚ dry cleaning
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Business Plan for a Startup Business Technopreneurship begins with a technological idea that upon reflection can be converted into a valuable opportunity. Simply put‚ technopreneurship is entrepreneurship in technological venture. Thus‚ technopreneurship involves the entrepreneurial life cycle. One of the phases of such life cycle is to document one’s business idea into a business plan. The business plan consists of a narrative and several financial worksheets. The real value of creating a business
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Question: Should companies involve their marketing channels in the design of the promotional programs? What are the advantages and disadvantages of doing so? When a company is looking at promoting a new or existing product or service‚ the involvement of their marketing channel during the design of the promotional program is key component. According to the text Excellence in Business (Bovée‚ Thill‚ Mescon; p. 417-418)‚ a market channel is the network of firms that work together to get goods
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demand of tropical resorts makes us believe this is the ideal business opportunity for us to create “Amazing Grace” Our resort will offer an unparalleled vacation experience. At our resort our customer will discover the wonders pools and a lake. We plan to decorate our resort with natural beauty. Different types of bird will be found here. We will offer our accommodation with cottage. In resort‚ we will attract our customer by a beautiful natural environment. We will also offer tent accommodation
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Marketing Metrics At the beginning of The Balanced Scorecard‚ a book on the new generation of performance metrics‚ authors-Dr. Robert Kaplan and Dr. David Norton present an analogy to drive home their case. They ask you to imagine entering an airline jet cockpit‚ and in front of the pilot‚ you see just one gauge. You ask the pilot‚ "What’s that gauge measure?" "Altitude"‚ you’re told. "What about the other gauges?" "We won’t be using them this flight. I’m just focusing on altitude." "How
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Professional Diploma in Strategic Management and Leadership UNIT NO/TITLE: Unit 07 / Strategic Marketing Management ASSIGNMENT NO: 1 of 2 Individual Credit Value: 10 Learning Outcomes: * Understand the principles of strategic marketing management * Understand the tools used to develop a strategic marketing strategy * Be able to respond to changes in the marketing environment Issue Date: Due Date: 08th September 2013 Submission Date: Assessor’s Name:
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targets we set ourselves according to our 5 year business plan. Duties and Responsibilities: making sure that -the food we serve is fresh and properly prepared using the correct methods - the service we provide is quick and excellent - the levels of hygene in the premises are always maintained - the Finances are always in order - any complaints are properly dealt with should there be any - we take proper steps to ensure that the marketing strategy whether local or national is implemented properly
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Beli Fire Business Plan Prepared November 19‚ 2012 Contact Information Meagan Lydon Meagan.Lydon@email.com Table of Contents Executive Summary Objectives 3 Organizational Vision 3 Description of Legal entity and ownership 3 Start Up Performance Table 4 Company Company Summary 5 Mission Statement 5 Keys to Success 5 Strategy and Implementation Marketing Plan 6 Contingency Plan 8 Measurement and Tracking
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Distribution Channels and Their Impact on Marketing Strategies Name: Institution: DISTRIBUTION CHANNELS Abstract This paper discusses the importance of choosing appropriate channel members and also identifies and discusses criteria that should be used by the car compact disc player manufacturer when evaluating potential intermediaries for the firm’s distribution channel. This is important for this firm since it’s only through these marketing channels that their product is going to reach
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