Strategic Marketing DEEPWATER HORIZON INCIDENT WORD COUNT: 6000 Executive Summary On April 20th 2010 bp had a major oil spill off the Gulf of Mexico coined the “Deepwater Horizon Incident” in which eleven (11) person’s loss their lives. This incident negatively affected the company’s brand and bp brand equity plummeted by $7.4bn‚ representing a 61% fall (Brand Finance 2010). BPTT which is a subsidiary of bp Global had to treat with the negative impact of this crisis
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To succeed in this unit‚ you are required to undertake a study of strategic marketing in an organisation of your choice. Your findings will result in a report suitable for senior managers in the organisation. All of the work for the tasks below should be incorporated into one report. You may attach relevant appendices. Divide the report into sections with appropriate headings. Use appropriate referencing and add a bibliography. Task 1: Choose an organisation for your research. Identify a current
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Chapter2-----Topic 2: Planning Marketing Strategies 1. Identify the major components of strategic planning and explain how they are interrelated. The components of strategic planning consist of four main parts: 1. Analysis of organization’s strengths and weaknesses & Identification of organization’s opportunities and threats 2. Organizational mission and goal 3. Corporate and business-unit strategies 4. Each functional area of the organization (Marketing‚ Production‚ Finance and
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engage in marketing efforts? While non-profit organizations differ from profit seeking firms in several ways‚ non-profit organizations need to engage in marketing efforts to generate financial revenue to support their causes. All businesses need marketing plans to generate revenue and measure results. In non-profit businesses‚ community service target levels and education service target levels can be used to measure results. Unlike profit seeking organizations that focus on marketing solely to
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Strategic Marketing Proposal MKTG 5115 spring 2012 Target the children market in accessories FOSSIL at a glance: - Global design‚ Marketing‚ and Distribution Company - Sells watches‚ fashion accessories‚ apparel‚ and footwear - Brand name recognized for individuality‚ consistency‚ connection with its customers - Broad customer base and price range ($7-$20‚000) 3/14/2012 Fossil Inc Varunkumar Suresh Prepared for Professor Mary Caravella‚ MKTG 5115 Strategic Marketing Proposal UConn MKTG
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EXECUTIVE SUMMARY: Erik Peterson is facing problem at Biometra in _DEVELOPING A STRATEGY WHICH SHOULD BE EFFECTIVE IN MEETING THE PRODUCT LAUNCH DEADLINE AND STREAMLINING THE OPERATION_. Major problems are: Lack of clear date driven project plan for product launch Relationship management with senior stakeholders Recommendations: A project plan for product launch and setting up a Project management office Engagement of senior management in critical decisions PROBLEM STATEMENT: This case is
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Strategic Marketing Management Royal Jordanian Airlines Q 1. Select and name any Company you are familiar with and describe its business? Part A Over the years‚ airlines have successfully streamlined their operations‚ improved efficiency‚ made substantial technological advances‚ and tightened costs. Value-adding benefits such as reward systems have also been incorporated‚ as well as vast improvements in services provided and safety of travel. The
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STRATEGIC MARKETING PLAN OUTLINE I. Executive Summary. A one-to-three-page synopsis of the plan providing highlights of the current situation‚ objectives‚ strategies‚ principal actions programs‚ and financial expectations. II. Situation Analysis A. Category/competitor definition B. Category Analysis 1. Aggregate market factors a. Category size b. Category growth c. Stage in the product life cycle d. Sales cyclicity e. Seasonality f. Profits 2. Category factors a. Threat of new entrants/exits b. Bargaining
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but what about men? Is there any sunscreen exclusively for men? The sunscreen market in UK is over the £259 million (Bee‚ 2010)‚ and it is focused on women only‚ so there is a potential market with the men segment. Based on this necessity‚ the marketing team will encourage the brand to launch a new product that meets men´s needs‚ wants and demands‚ with special features and well-accurate means of communication. Due to being an innovative product in the market‚ it will create interest among men and
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Strategic Marketing | Assignment # 1 | | Submitted to: Mr. Shazif Iqbal | | Uzma Mansoor 095121014 | 10/10/2010 | | Q. Assume that you are working for a company who manufactures toys for the age group of 3-10 years. In your point of view what do you think is going to be new types of competition or new business model and discuss how and to what extent opportunities outside the competitive box are developing? Ans. Key Trends Shaping the Toy Market Trend #1 — Kids Demographic
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