Chapter 03 Evaluating Opportunities in the Changing Marketing Environment True / False Questions 1. The marketing manager can control the variables in the marketing environment. True False 2. Company objectives should shape the direction and operation of the whole business. True False 3. Earning a profit probably should be one of the objectives of a firm‚ but it should not be the only one. True False 4. A mission statement sets out the organization
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Highlight the main advantages and disadvantages of individual versus group decision making. Discuss the main factors affecting decision-making processes in organisations. How can managers ensure effective decision-making? January 2001‚ Word Count: 3113. ¡§Decision making is the process of making a choice between alternatives¡¨ Rollinson (1998). Decision-making is almost universally defined as choosing between alternatives within an organisation. It is both an objective and subjective process involving
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QUESTION: DISUSS THE FACTORS THAT ACCCOUNT FOR SEXUAL ORIENTATION IN INDIVIDUALS WITH RELEVANT REFERENCES. LECTURER: DR S ATINDANBILA Factors That Account For Sexual Orientation In Individuals Sexual orientation refers to one’s degree of emotional and erotic attraction to members of the same or opposite gender. Those who are erotically attracted to members of the opposite sex are heterosexuals while those who are erotically attracted to members
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11 2.0 Marketing Strategy 12 2.1 Mission 12 2.2 Marketing Objectives 12 2.3 Financial Objectives 12 2.4 Target Marketing 12 2.5 Positioning 13 2.6 Marketing Mix 14 2.7 Marketing Research 14 3.0 Financial Projections 16 3.1 Financials‚ Budgets‚ and Forecasts 16 3.2 Break-even Analysis 16 Break-even Analysis 16 3.3 Sales Forecast 16 3.4 Expense Forecast 16 4.0 Controls 17 4.1 Implementation Milestones 17 4.2 Marketing Organization 17 4.3 Contingency Planning 17 Bibliography
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Chapter 15 International Marketing Channels True / False Questions 1. The distribution process includes promotion of goods and services by sellers and resellers. True False 2. The behavior of channel members in the distribution process is the result of the interactions between the cultural environment and the marketing process. True False 3. In an import-oriented distribution structure‚ supply often exceeds demand. True False 4. Traditional channels
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Discuss some the factors which influence our thinking‚ judgement and decision-making Our everyday lives are filled with many choices and decisions which will impact on our lives both in the short and long-term. Our perception of the impact of these decisions on our own lives and those around us will affect how much time and effort is given to arriving at these decisions. There are several factors which impact on thinking‚ judgement and decision-making and it is important to note that often these
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MARKETING PROBLEMS IN ESTABLISHING AND MANAGING INTERNATIONAL MARKETING CHANNELS 1. The procedure used in selecting middlemen:- Identification of a middleman to handle a company’s merchandise is a major problem in managing international marketing channels. To minimize on this problem the following procedures may be used. •Productivity/volume the larger the volume he can hold the better. •Financial strength of the channel‚ the stronger the channel in terms of finances the better because
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French cooks do not. Further‚ many Europeans still like to hang their washing out to dry--unlike Americans. About the only constant across Europe is product size. Australian and US consumers are used to large appliances where homes usually have a separate room for washers and dryers. However‚ homes in Europe are much smaller‚ with limited space for appliances. Moreover‚ many Europeans buy fresh foods daily‚ thereby decreasing the need for refrigerated storage. As a result‚ appliances in Europe
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2.2 INTERNATIONAL MARKETING MANAGEMENT Q2.The legal environment of foreign marketing takes an added dimension of importance since there is no single uniform commercial law which governs foreign business transactions.” – Comment. International marketers must be aware of the legal environments that they operate in. As there is no uniform international law regarding business transactions‚ companies can find themselves wasting money or in legal issues if they do not operate according to the
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ABSTRACT This paper demonstrates a particular model for making the pricing decisions associated with hotel booking. Implementing such pricing decisions that are designed to optimize the profitability of the hotel forms part of a policy commonly referred to as yield management. The model utilizes fore casts of demand in individual market segments to capitalize on the willingness of people in one segment to pay more than people in another segment. The procedure for doing this is necessarily time-based
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