Programs BUS2304 Principles of Marketing August Semester 2012 BUS2304 PRINCIPLES OF MARKETING Page 1 TUTORIAL 1: INTRODUCTION TO MARKETING CLASS ACTIVITIES: Module Information Booklet will be discussed and explained in detail Form Groups Tutorial exercises – Introducing the basics concepts of marketing LEARNING OUTCOMES Understand key marketing concepts and marketing management philosophies used in marketing planning Understand the importance of marketing in business practices
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CASE 02: WHEN INTERNATIONAL BUYERS AND SELLERS DISAGREE No matter what line of business you’re in‚ you can’t escape sex. That may have been one conclusion drawn by an American exporter of meat products after a dispute with a German customer over a shipment of pork livers. Here’s how the disagreement came about. The American exporter was contracted to ship “30‚000lbs‚ of freshly frozen U.S. pork levers‚ customary merchantable quality‚ and first rate brands.” The shipment had been prepared to
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Name: Saadia Mazhar Class: MCOM Subject: Principles Of Marketing Assignment: Case Study Date: 01/11/2010 C A S E S T U D Y Question Number 1: Avon was selling its products for 112 years by using the motto “Ding Dong‚ Avon Calling” successfully. Demand of Avon’s beauty products was very high and selling was
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Principles of marketing chapter 1 Marketing is: managing profitable customer relationships. The twofold goal is: 1. To attract new customers by promising superior value. 2. Keep and grow current costumers by delivering satisfaction. Old marketing sense: telling and selling New marketing sense: satisfying customer needs Marketing starts before the product is produced and goes on throughout the product’s life. Definition marketing in the business context: a process by which companies
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Strategic Marketing WS 2012/13 Humboldt University Berlin Institute of Marketing Assignment 1: Basic Principles of Strategic Marketing Assignment 1a – Identifying strategic groups and their competitors Sony The Sony Corporation‚ also referred to as Sony‚ is a multinational conglomerate corporation positioned in the electronics and entertainment industry and headquartered in Tokyo‚ Japan. It incorporates the following main strategic business units (SBUs): Electronics (including the TV‚ computing
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Principles of Marketing Study Guide Mid-term Exam Fall 2012 Chapter 1 1. What is Marketing? a. The activity‚ set of institutions‚ and processes for creating‚ capturing‚ communicating‚ delivering‚ and exchanging offerings that have value for customers‚ clients‚ partners‚ and society at large. It requires thoughtful planning with an emphasis on the ethical implications of any of those decisions on society in general. 2. Marketing requires Product‚ Price‚ Place and Promotions decisions
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Source: BBC News Online http://www.bbc.co.uk/news/business-11866641?OCID=sptsus Accessed 30th November 2010 November 2010 Last updated at 11:05 ET Watch retailer Jannie Tay on creating a sense of luxury in Singapore Jannie Tay is co-founder of The Hour Glass‚ a luxury watch retailer that has been trading in Asia since 1979. Over the last 20 years‚ Asia’s luxury goods market has gone from strength to strength. One company that has prospered during the boom is The Hour Glass‚ a watch retailer
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ABDT3214 International Marketing Week 2 Tutorial 1: Introduction to Global Marketing SECTION A: Coursework Briefing SECTION B: Discussion Questions 1. What are the basic goals of marketing? Are these goals relevant to global marketing? Marketing activities represent an organization’s efforts to satisfy customer wants and needs by offering products and services that create value. These goals are relevant in virtually every part of the world; however‚ when an organization pursues market opportunities
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International Islamic Marketing and its Impact on Conventional Marketing There are varying business ethics adopted by some society. These have been transitioned for generations with a belief on their effectiveness in ensuring a cordial relationship between a buyer and a seller. Ethics among the Islam strictly adheres to the religion’s teachings. They have been found to guide on all areas regarding businesses. This includes conventional marketing. Any business would wish to market their products
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Principles of MarketingNike‚ Inc11/25/2010 | Prepared by: * Menino Pereira * Karthik Gowda * Shreyans Sethi Prepared by: * Menino Pereira * Karthik Gowda * Shreyans Sethi * Nike’s mission statement is all about combining the love for sports with a mutinous and headstrong nature to think out of the box by means of innovation and inspiration (Katz 1994) * Nike’s mission statement is all about combining the love for sports with a mutinous and headstrong
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