The German University in Cairo Faculty of Management Technology Dr. Raghda El Ibrashi “Word Of Mouth and Consumer Buying Decision” Submitted by: Mariam Abou Shakra 25-‐11971 Tutorial 02 Submitted to: Nancy Bouchra 1st July 2014 Table of Contents 1-Introduction ...................................
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COMPANY BACKGROUND Dell traces its origins to 1984‚ when Michael Dell created PCs Limited while a student at the University of Texas at Austin. The dorm-room headquartered company sold IBM PC-compatible computers built from stock components. Dell dropped out of school in order to focus full-time on his fledgling business‚ after getting about $300‚000 in expansion-capital from his family. In 1985‚ the company produced the first computer of its own design‚ the "Turbo PC"‚ which sold for $795. PCs
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Consumer Decision Making Process Adults have to make many decisions each day‚ decisions selecting one option over another. How adult consumers make decisions to buy have been studied by marketers to sell their products and services. Marketers have several views of consumers with different perspectives of how individuals make decisions: economic‚ passive‚ cognitive‚ and economic views. However‚ there is a decision making model that reflects all of the views. First‚ we will discuss the process component
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Segmenting‚ Targeting‚ Positioning (STP) is the process which marketers employ to select target markets. Segmentation is the process of ordering consumers into groups with similar product interests or needs. Targeting involves a company determining which market segments it believes it can satisfy‚ and then choosing an appropriate targeting strategy for the segments. Positioning is how consumers perceive a brand or product‚ particularly in relation to other brands and products. The relation between
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In the process of buying my first home there were many factors to decide. This was going to be a life changing experience for me and my family. Trying to decide on how much could I afford? What side of town would be best for me? How many bedrooms should I get according to my current household size as well as my future for having children? What lender should I use? There were so many critical decisions to make for one major purchase. So I had to evaluate and process the situation in order to
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me in the Dell Company is to see how a vision can match the future. □ The Company was founded in 1984 by Michael Dell‚ now the computer industry’s longest-tenured chief executive officer‚ on a simple concept: that by selling personal computer systems directly to customers‚ Dell could best understand their needs‚ and provide the most effective computing solutions to meet those needs. Dell Computer’s mission statement is: "Dell’s mission is to be the most successful computer company in
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DELL COMPUTER CORPORATIION | Strategy and Challenges for the 21st Century | | Table of Contents INTRODUCTION 4 1.1PC and Laptops – Cash Cow 6 1.2 Storage Solutions - Cash Cow 6 1.3 Servers and Networking - Cash Cows 7 1.4 Services - Dogs 7 1.5 Peripheral - Dogs...................................................................................................7 2. ANSOFF’S GROWTH MATRIX 8 2.1 Market Penetration ......................................................
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Marketing Mix DELL Dell is one of the leading Consumer durables brand. The marketing mix of dell talks about the way in which dell has improvised to gain a competitive position. Product: Dell believes that‚ ‘Marketing is not about providing products or services it is essentially about providing changing benefits to the changing needs and demands of the customer’. Dell provides a wide variety of both business class and home/consumer class products and services. Dell designs‚ develops‚ manufactures
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A Shared decision-making process involves having two or more people negotiate or compromise to make a financial decision. Have you ever been involved in a share decision-making process with your family? If so‚ explain the situation and what input you gave to the decision. I have been involved in a share decision-making process with my mom. We had to decide if my mom should use the $2‚000 she saved to buy a new car or pay the past due amount on our old car a Mutang. The Mustang cost $425 a month
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PROCESS ANALYSIS OF COMPUTER FIRM Process analysis is a system which is about a logical series of related transactions that converts input to results or output. The process we are considering is a business process‚ which can be defined as a chain of logical connected‚ repetitive activities that utilizes the organization’s resources to refine an object for the purpose of achieving specified and measurable results or products for internal or external customers. Process analysis offers improvement
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