Unit 4: Marketing Principles Assignment One: The Concepts and Process of Marketing Section Number | Contents | Page Number | 1.0 | Marketing definitions | 3 | 2.0 | The Orientation of Marketing | 4 | 3.0 | 3.1 The Main Characteristics of Marketing3.2 Benefits and Costs | 56 | 4.0 | The Marketing Concept | 6 | 5.0 | 5.1 Macro Environment5.2 Micro Environment5.3 SWOT Analysis | 9‚10‚11 | 6.0 | 6.1 Self Evaluation6.3 Time Schedule | 12‚13 | 7.0 | Reference List | 14 | 8.0 |
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A Marketing Principles Assignment Prepared By: Rubab Rashid – I.D. 2012321011 Kazi Nehal Ahmed – I.D. 2011421015 S M Abdullah Al Noman – I.D. 2011421010 Nur-E-Nazneen – I.D. 2012221010 Shagar Islam – I.D. 2012121007 Sharmin Rahman Anika - 2013121008 Prepared For: Irfan Jahangir Faculty – Marketing Principles School of Business Date of Submission: 02 March 2013 Task 1 (LO 1.1) Explain the various elements of the marketing process. “A market is the set of actual and potential
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Food Marketing‚ Consumption‚ and Manufacturing Food Marketing. Food products often involve the general marketing approaches and techniques applied the marketing of other kinds of products and services. In food marketing‚ topics such as test marketing‚ segmentation‚ positioning‚ branding‚ targeting‚ consumer research‚ and market entry strategy‚ for example‚ are highly relevant. In addition‚ food marketing involves other kinds of challenges--such as dealing with a perishable product whose quality
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Diploma of Marketing Subject name: Marketing Principles Subject code: MR02 STUDENT HANDOUT ASSESSMENT PART ONE MARKETING RESEARCH REPORT Unit of Competency: BSBMKG501B - Identify and Evaluate Marketing Opportunities /35 C or NYC Intellectual Property of The Australian Institute of Professional Education (AIPE) Updated 14 September 2010 V1.3 BSBMKG501B – Identify and Evaluate Marketing Opportunities Page 1 of 9 BSB51207 Diploma of Marketing MR02 - Identify and Evaluate Marketing Opportunities
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world. Fayol’s 14 principles of management are also linked to his four functions to assist managers to manage effectively. His principles of management are as follows: 1. Division of work 2. Authority and responsibility 3. Discipline 4. Unity of command 5. Unity of direction 6. Subordination of individual interest to general interest 7. Remuneration of personnel 8. Centralization 9. Scalar chain 10. Order 11. Equity 12. Stability of tenure of personnel 13. Initiative 14. Esprit de corps
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field of management‚ Taylor proposed four principles of scientific management. (Internet centre of management and business administration‚ inc (2002-2007)) state that the first principle of scientific developed by Taylor was to replace rule –of-thumb work methods with methods based on a scientific study of the task. This showed that introducing scientific management which each man doing only one specialized part‚ quickly replace the old method. Second principle is to scientifically select‚ train and
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Marketing is the process of planning and executing the conception‚ pricing‚ promotion‚ and distribution of goods‚ services‚ and ideas to create exchanges that satisfy individual and organisation objectives. Marketing has many ways that products are sold. It includes advertising‚ selling and delivering products to people. Marketers try to get the attention of target audiences by using slogans‚ packaging design‚ celebrity endorsements and general exposure in the media world. The process of developing
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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 the
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25 November 2013 [MARKETING TOOLS ANALYSIS] U - CURVE Jacobson (1985) observed that higher ROI is earned by companies that are able to charge higher prices‚ most likely because of successfully differentiating their products and the firms that operate at cost advantage. There is seemingly a positive correlation between market share and ROI. The economies of scale‚ market power‚ and quality of management are some of the factors that make market share profitable. As market share increases
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to be ready for questions they may ask about the company’s performance. Thus‚ he too is interested in HGW’s financial situation. In each of these situations‚ the managers will analyze the financial statements of HGW to address their concerns. This chapter discusses how to perform this analysis. 1. Explain why managers analyze financial statements. 2. Perform horizontal and vertical analyses of the balance sheet and the income statement. 3. Discuss earnings management and the importance of comparing
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