1 “S.T.P ANALYSIS OF FORD INDIA” (Assignment for Marketing Management- I) Submitted toDr. Sandhya A.S Faculty JIM-L Submitted byRiku Acharyya Priyanka Das (FS40) (FS36) Devarshi Shukla (FS16) Priyam Nigam (FS34) Shweta Srivastava (FS50) 2 CONTENTS Page Number 1. INTRODUCTION………………………………………………………… 3 2. MARKETING OF FORD INDIASEGMENTATION……………………………………………………… 5 POSITIONING………………………………………………………… TARGETING………………………………………………………….. 8 7 3. MARKETING MIX………………………………………………………10
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Historically‚ car manufacturers including Ford segmented buyers according to their income and age. Ford used these figures to classify small car buyers into four target groups. • Financially constrained buyers (single men and women without children <100‚000 FF) • Average income‚ more youthful/expressive buyers (100-250 thousand FF‚ single men/women/childless couples) • Average income and/or family constrained buyers (full nesters‚ empty nesters 100FF and above) • Higher income‚ not family constrained
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History of Ford in India: 1907 India begins selling the Model A 1926 Ford India is established by Ford of Canada 1935 Indian government officials ask Henry Ford to consider building a car manufacturing plant in Bombay 1941 Mahatma Gandhi sends spinning wheel‚ the symbol of India’s economic independence‚ to Henry Ford. 1954 Ford India operations cease. 1969 Ford re-enters India in a joint venture with Escorts Ltd. to produce tractors. 1991 Ford ceases tractor operations. Ford establishes Climate
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Hiring: Ford pays attention on diversity in working place1. Ford gives opportunity to different employees‚ no matter what kinds of race‚ ethnicity‚ gender‚ age‚ and so on. Ford believes that diversity proves company values and diversity team can have better performance. Ford value and respect each individual. Ford’s recruiting is a two-step process. After passing the first step- selecting potential people from the information candidates provide‚ candidates are invited to the talent management conference
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Utilitarians have a very divided viewpoint on how situations should be approached in society. In that viewpoint there is a lot of variability from one situation to another. In this paper the topic of utilitarianism and what a utilitarian would do when placed in a situation of euthanasia is going to be discussed. With the general belief being each person has the same weight in creating happiness towards the situation what is best. Utilitarians often have to analyze many aspects to ensure they are
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since its founding as a motorcycle manufacturer on July 1‚ 1955‚ Yamaha Motor Company has worked to build products which stand among the very best in the world through its constant pursuit of quality; and at the same time‚ through these products‚ it has sought to contribute to the quality of life of people all over the world. Following on the success of our motorcycles‚ Yamaha began manufacturing powerboats and outboard motors in 1960. Since then‚ we have used our engine and FRP technology as a base
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group 2 – Repositioning of FORD Group 2 presented on the repositioning of the FORD motors in Thailand‚ the difficulty it faced during the 90’s and the secrecy of success it enjoys in the Thai vehicle market currently. Ford Company started in Thailand in 1960 but then it closed down 1976. The reasons that lead to the cease of operations were felt that it was a mere Thai product which is very inferior quality to the American products though both bear the same name FORD. Even the old advertisement
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Strategy is the key to success. Tesla Motors has separated from the competition in the automobile industry. The question is how and why It all comes to the type of strategy the company has implemented and what makes them different form their competitors. In todays global economy having a unique strategy on how to market to customers is very important. The customer needs will always change due to changes in their environment. This is why it is important to develop a strategy that fits the needs of
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Utilitarian Theory and Human Rights Utilitarianism can be defined as a moral theory by which the public welfare of a community is dependent on the “sum welfare of individuals‚ which is measured in units of pleasure and/or pain”‚ requiring governments to make decisions based on the “largest sum of pleasure” (Postema‚ 2006). However Bentham argued that "every individual in the country tells for one‚ no individual for more than one"‚ meaning that the weight of an individual’s happiness should always
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another country it does business in. 2. Governance and compliance would affect Tata Motors by enacting the company to manage its financial and technological information set to a certain standard. The organization is subject to many regulations governing data retention‚ confidential information‚ financial accountability‚ and recovery from disasters. 3. The different global system development issues Tata Motors may encounter as it deploys its Nano are difficulties when first setting up the global
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