Task 1 What is marketing? What does the term marketing mean? Many people think of marketing only as selling and advertising. And no wonder‚ for every day we are bombarded with television commercials ‚newspaper ads‚ direct mail campaigns‚ Internet pitches and sales calls. Although they are important‚ they are only two of many marketing functions and are often not the most important ones. Today‚ marketing must be understood not in the old sense of making a sale – ‘telling and selling’ – but
Premium Marketing
Marketing & Innovation "Because the purpose of business is to create a customer‚ the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs." Peter Drucker (The Father of Management Theory) INTRODUCTION Marketing is the activity‚ set of institutions‚ and processes for creating‚ communicating‚ delivering‚ and exchanging offerings that have value for customers‚ clients‚ partners‚ and society at large
Premium Innovation
MODULE NAME: Management Information System TABLE OF CONTENT: 1. Cover Page Page 1 2. Table of content Page 2 3. Question 1 Page 3 – 6 4. Question 2 Page 6 – 9 5. Question 3 Page 10 - 13 6. Question 4 Page 13 – 18 7. Question 5 Page 18 – 21 8. Question 6 Page 21 - 23 Bibliography Page 24 -25 Question 1: Describe the information systems at Discovery Health In
Premium Management Marketing Business model
Chapter 1 Marketing Creating and Capturing Customer Value 1) According to the five-step model of the marketing process‚ the first step in marketing is ________. A) capturing value from customers to create profits and customer equity B) constructing an integrated marketing program that delivers superior value C) building profitable relationships and creating customer delight D) understanding the marketplace and customer needs and wants E) designing a customer-driven marketing strategy Answer D
Premium Marketing
NDBF 1 2013 | Marketing – Assignment 1 | Cosmopolitan College of Commerce & Technology | | Mohammad Tarmidzie Bin Bahrom | 6/25/2013 | Table of Contents Introduction of Business Environment 3 Marketing Business Environment 3 Micro-Environment 3 Macro Environment 4 PESTEL Analysis of Jollibee Foods Corporation 5 Introduction to Jollibee Foods Corporation 5 Political Factor 6 Economic Environment 6 Socio-Cultural Environment 7 Technological Environment 7 Ecological
Premium Economics Ecology Philippines
Vietnam is an actual potential market. As a business in Vietnam market‚ it is important for TCRS to have a marketing mind-set. Thus‚ this report aims at recommending an overall marketing approach for this company in a sensitive market – Vietnam. REPORT I. The various elements of marketing process needed to be considered by The Chicken Rice Shop (TCRS) to penetrate into Viet Nam Marketing concept is the philosophy that companies should analyse what their customers need and want and then make
Premium Vietnam Marketing Fast food restaurant
Case Study Absolut Vodka: Absolutely Successful Q1 What is the foundation of Absolut Vodka’s success? Is it the vodka‚ the bottle‚ the distribution or the promotion? The foundation of Absolut Vodka’s success is mainly the bottle and the promotion. The design of the bottle was recognised at an early stage as crucial to success. The bottles were elegant‚ different‚ simple and very Swedish. The resulting Absolut bottle was very different from competitor’s bottles. The result was a clear
Premium Advertising Brand Absolut Vodka
anything * A great case in interacting and placing and receiving orders * An ability to compare notes on products and services What companies have today * Companies can operate through web sites. * Can collect more information. * Speedy communication. * Two-way communication. * Companies can customize offerings. * Can improve purchases and sales. * Can send ads‚ coupons‚ information to customers easily. * MARKETING * What is marketing? * Creating consumer
Premium Marketing
several of the factors that draw companies into the international arena. j. XXX k. XXX l. XXX 4. Discuss the three types of potential product-team structures and depict each graphically m. XXX n. XX o. XXX Case Study: 1. What are the three prongs of the social responsibility attack strategy embraced by some firms today? a. Proper legal responsibility b. Proper ethical responsibility c. Proper social responsibility 2. How would you describe
Premium Social responsibility Sociological terms Socially responsible investing
space which can pave the way for them to sneak in the minds of the consumers. Once settled in they begin playing with the brain eventually creating and modifying concepts called “needs” which would have never existed. The traditional concept of marketing was only about sales or meeting the “current needs” of a consumer. But the same cannot be felt‚ today with the number of firms on the rise in the same industry‚ state and even the same street. Everyone is in a race either to: * Capture a customer
Premium Marketing Maslow's hierarchy of needs Fundamental human needs