CASE 33 Marketing to the Bottom of the Pyramid Professor C. K. Prahalad’s seminal publication‚ The Fortune at the Bottom of the Pyramid‚ suggests an enormous market at the “bottom of the pyramid” (BOP)—a group of some 4 billion people who subsist on less than $2 a day. By some estimates‚ these “aspirational poor‚” who make up three-fourths of the world’s population‚ represent $14 trillion in purchasing power‚ more than Germany‚ the United Kingdom‚ Italy‚ France‚ and Japan put together. Demographically
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Unit 3 – M1 Compare Marketing Techniques Used In Marketing Products in Two Organisations In this assignment I am going to compare the similarities and differences that marketing techniques described in P1 are used for the product or service chosen in Tesco and Oxfam. Firstly I will start by discussing the differences between Tesco & Oxfam. Tesco is a supermarket‚ so their marketing techniques will be completely different to Oxfam as they will have to take an approach that requires customers
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Unit 3: Introduction to Marketing Nike Market Research Market research helps Nike to make decisions by helping them to understand the changing dynamics of the market. Market research helps Nike understand who their target market are along with its competitors it has and where they differ. It helps Nike to make improvements‚ change their business plan or change their product. There are 2 types of market research‚ these are primary and secondary research. Primary Research Primary Research would
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Assessment 3 of 3 Assessment Project Manage people performance Project 1 When allocating it is important to consider that work should be allocated on a fair basis taking into consideration the employee experience‚ expertise‚ skills‚ knowledge understanding and workloads. It i salso important to consider the following: Goals and objectives Work must be goal and target oriented. Managers and their employees need to set goals that are realistic‚ achievable and have timeframes attached. Large goals
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Kevin Pejoumand English 1A Mr. Somer 13 November 2014 The Horrors of Police Brutality Imagine being in the Bart train‚ going to a party with some of your friends‚ but while in route‚ you are shot by the Bart police for a crime you did not commit. This is the story of a young man named Oscar Grant. On New Years Eve of 2009‚ he was fatally shot. . Police brutality is the use of excessive force‚ physically or verbally‚ by a police officer. In one year‚ how many incidents of police brutality or misconduct
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BTEC Level 3 in Business UNIT 3 - MARKETING ASSIGNMENT 1 P1 Marketing Techniques Graph below shows Ansoff’s Matrix strategies. Market penetration (existing product on existing market). Market penetration uses existing products on an existing market. This strategy tries to achieve growth of sales through encouraging brand loyalty‚ encouraging more purchases‚ taking customers from rivals and converting non-users to users. An example of this strategy is
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Stakeholder analysis Stakeholders are defined in many ways. Traditionally in UNICEF guidance‚ stakeholders are defined as "people or groups that have an interest in a program or activity and/or are likely to be affected by it." Stakeholder analysis as a strategic tool often casts wider‚ including all the actors who can influence or be influenced by the achievement of a given goal or undertaking. These include the winners (those who have something to gain by achieving a goal) and the losers (those
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Unit 3 assignment 3 Nathan Campbell Accuracy The college managers will want to get data that is accurate. The information’s accuracy can checked by things such as calculators or by other means. Another way of making sure the data is accurate is to do things like Double checking the data or getting someone else to also look at the data. One benefit of a information system is that they are easy and quick
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Project Management Investigation of the Planning of a Low-rise Domestic or Commercial Building and Production of Planning Documentation Portfolio Task 1 (For P1): Pre-Construction Phase Client brief: The client brief is where the client and the architect sit down with each other and discuss what the client wants built. The architect usually asks a range of questions to be able to do a suitable design as accurate as possible to the client’s needs. The budget for the project is also confirmed
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Busman notes: AOS3 -Operations Input: resources such as raw materials‚ labour‚ plant‚ equipment‚ capital‚ information used in any organisational production system Transformation process: the process involved in converting inputs into outputs Output: transformed inputs that are returned to the external environment as products or services Operations system: involves three stages; input‚ processing (transformation) and output Operations management: management of resources to achieve efficient output
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