1.1 Explain the various elements of the marketing process “Marketing is a business activity in which the organization‚ in order to satisfy the demands of the industry‚ decides the preferred items and/or solutions‚ familiarizes them with consumers‚ determines prices‚ arranges the product sales and impacts clients.” (Liu G 2011) The above definition is describing the core intention of promotion. “Marketing is the process used to find out which items or solutions may be of interest to clients‚ and
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Chapter 1 Marketing: Managing Profitable Customer Relationships Multiple Choice 1. Marketing seeks to create and manage profitable customer relationships by delivering _____ to customers. a. competitive prices b. superior value c. superior service d. superior promotion (b; Easy) 2. The marketing manager at Sunshine Car Washes is holding a training session for new employees. She stresses that perhaps the most important concept of modern marketing is _____. a. customer relationship management b
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პიტერის პრინციპი კანადელმა პედაგოგმა ლოურენს პიტერმა ჩამოაყალიბა დებულება‚ რომელმაც მას მთელს მსოფლიოში გაუთქვა სახელი. დებულების თანახმად‚ იერარქიულ ორგანიზაციებში გამუდმებით ხდება კომპეტენტური თანამშრომლების დაწინაურება და თანამშრომლები იღებენ უფრო მაღალ თანამდებობებს მანამ‚ სანამ იმ დონეს არ მიაღწევენ‚ რომლის შესაბამისი მოვალეობების შესრულება მათ ძალებს აღემატება. პიტერის პრინციპის თანახმად‚ იერარქიულ სისტემაში ნებისმიერი თანამშრომელი აღწევს თავისი არაკომპეტენტურობის დონეს. სწორედ აქ‚ არაკომპეტენტურობის
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I. INTRODUCTION • Branding is a plan for earning product reputation and for making sure that the world knows about it and believes in it too. • “Branding is the process by which companies distinguish their product offerings from the competition. Brands are created by creating a distinctive name‚ packaging and design.” (Egan & Thomas‚ 1998) • 1st Brand name= Bass [beer]‚ because British were the 1st with trademark registration. • Customers (particularly consumers) view a brand as an important part
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affects the tourist demand because we need to advertise what we have that other countries don’t so people are motivated to come to our country and spend money. (collier‚ 2006‚ pp. 290-291) Resistance factor – resistance factors are the factors of why some wouldn’t want to travel‚ such as the perceived distance from origin to destination‚ the cost of traveling‚ natural disasters or even the exchange rate etc. For example a couple plan to visit New Zealand from Australia. They have planned to fly into
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2.1 Describe key legislation and codes of practice relating to diversity‚ equality‚ inclusion and discrimination in adult social care settings. 2.2 Explain the possible consequences of not actively complying with legislation and codes of practice relating to diversity‚ equality‚ inclusion and discrimination in adult social care settings. 2.3 Describe how own beliefs‚ culture‚ values and preferences may affect working practice. 2.4 Describe learner can: 2.1 Describe key legislation and
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Marketing as selling has two main concepts‚ which are making profit much as possible and satisfying customer’s need. Before making any profit. A well-managed company is able to identify and specify itself. That includes making targets for its ideal customer. Analysis and strategies help the company in achieving a higher possibility for success in the business. Segmentation methods Segmentation involves diving a broad target market into subset of consumers who have common needs and priorities. A
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CHAPTER 1- OVERVIEW OF MARKETING 1. Marketing – social and management process where individuals or groups acquire their needs and wants by creating value and exchanging it among themselves. 2. Marketing Process : * Understand the marketplace and customers needs and wants. * Design a customer-driven marketing strategy. * Construct an integrated Marketing program that delivers Superior value. * Product * Promotion * Price * Place * Build profitable relationships
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The Production Process Part 1 What is the name of the product? The name of the product is the iPhone 5. It is the 6th generation of the iPhone created by Apple Inc. Explain the benefits of the product. The new iPhone offers a new e-mail feature known as VIP inbox. This allows you to mark contacts as VIP and set up an inbox just for those contacts as well as have them appear on your lock screen over other non-VIP e-mails. The i5 comes with a 4.8 x 2.3 inches screen‚ letting you read through
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Introduction The European Union remains one of the most controversial political projects in the modern world. It is usually portrayed as a symbol of European unity: the triumph of voluntarily shared sovereignty over excessive nationalism‚ ideological division and imperial ambition.1 Herman Van Rompuy2 once said that: “The age of the nation state is over and the idea that countries can stand alone is an ‘illusion’ and a ‘lie”3. One of the most Eurosceptic politicians‚ Nigel Farage‚ the leader
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