P3 – Plan marketing for a micro start-up business that is relevant to customer needs a) Marketing definition and opportunity At East Side we understand that we cannot sell to the whole market‚ but by knowing the size and trends in the market we will be able to assess future opportunities and predict future sales patterns. The people who will buy from us include middle class – professional people‚ these individuals can be either high earners or those on a budget. b) Proposed target marketing
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Task 2 (This task addresses P2) P2: Explain how different market research methods have been used to make a marketing decision within a selected situation or business As you have created a clear overview of the main types of research methods‚ you should explain how these research methods are being used to make a marketing decision. Specify your answers to an existing organisation. Your answer must show how different types of marketing research would be helpful in identifying whether there would
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Market research The process of assessing the viability of a new product or service through techniques such as surveys‚ product testing and focus groups. Market research allows a company to discover who their target market is and what these consumers think about a product or service before it becomes available to the public. Market research may be conducted by the company itself or by a third-party company that specializes in market research. Test subjects are usually compensated with product samples
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10. Understand procedures regarding handling medication 10.1 Describe the main points of agreed procedures bout handling medication 10.2 Identify who is responsible for medication in a social care setting. 10.3 Explain why medication must only be handles following specialist training 10.1 Describe the main points of agreed procedures about handling medication In the adult social care setting it is vital that when handling medications are involved‚ service providers must follow
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P4-Describe the benefits and opportunity to the business of using internet marketing within the marketing mix? An effective ’Marketing Mix’ including all 7 is a way of identifying a businesses achievements of marketing objectives‚ meeting customer needs‚ is balanced and consistent‚ creates a competitive advantage and matches corporate resources. ’It is known as a “mix” because each ingredient affects the other and the mix must overall be suitable to the target customer’. The 7p’s include:
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P4: Describe the meaning of terms in a standard form contract P5: Explain the effect of terms in a contract D1: evaluate the effectiveness of terms in a given contract In this assignment I will be… Describing the meaning of terms in a standard form contract. Explaining the effect of terms in a contract I will also be evaluating the effectiveness of terms in a given contract. A standard form contract is a contract made between 2 or more parities using their standard set of terms. A contract is
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P4 - explain possible priorities and responses when dealing with two particular incidents or emergencies in a health or social care setting. M3 - discuss health‚ safety or security concerns arising from a specific incident or emergency in a health or social care setting. D2 - justify responses to a particular incident or emergency in a health or social care setting. Understand priorities and responses in dealing with incidents and emergencies - This assignment will look at incidents and
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Unit 1: The Business Environment Assignment 2: The Purpose of Business P3 – Describe how two businesses are organised. In this assignment I will be discussing about how two businesses are organised. The two businesses that I will be discussing about is BHP Billiton and Battersea Dogs and Cats home. The first business that I will be discussing about is BHP Billiton and how they have organised their business.BHP Billiton is an Anglo-Australian multinational mining‚ metals and petroleum company headquarter
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P4 - Describe the key benefits and opportunities presented by internet marketing activity for Viola Drinks Ltd. and again how this help formulate and change the marketing mix for the business. In this assignment I will describe the fundamental benefits and opportunities presented by internet marketing activity for Viola Drinks Ltd. and furthermore how this helps formulate and change the marketing mix for the business. Internet marketing brings a lot of opportunities and benefits to businesses
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Chapter 4 accounting for merchandising BUSINESSES Problems P4–1 1. AQUA CO. Income Statement For the Year Ended June 30‚ 20Y8 Revenue from sales: Sales $ 3‚625‚000 Less: Sales returns and allowances $ 37‚800 Sales discounts 20‚200 58‚000 Net sales $ 3‚567‚000 Cost of merchandise sold 2‚175‚000 Gross profit $ 1‚392‚000 Operating expenses: Selling expenses: Sales salaries expense $ 388‚800 Advertising expense 45‚900 Depreciation expense—store equipment 8‚300
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