Diploma of marketing AssementBSBMKG501B Identify and evaluate marketing opportunities Stefan Frener UITW06799 Page 1 of 19 Activity 1. 1. Identify marketing opportunities -Legal requirements -Freetrade contracts -Market trends -Comparative market information -Profitability -Customer requirements -Ethical requirements -New and emerging markets -Competitor performance -Sales figures 2. Trends revealed by sales data -The sold units and the sales value of dairy are declining -The average profit
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Cost benefit analysis for the Long Engineering Company The Long Engineering Company (LEC) has decided to install a network system to help their technical support engineers (five of them who earn an average of $100‚000 each per year) to deliver better customer service including: mail out sales and other literature‚ answer phone calls for technical assistance and log and forward repair requests using an alpha-numeric paging system that will be part of the new network system. Currently all company
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Project Management Methodology Guidelines Project Management Methodology & Step-by-Step Guide to Managing Successful Projects Project Management Methodology Guidebook Table of Contents Table of Contents 1. Project Management Overview ............................................................................ 1 1.1. Background .................................................................................................. 1 1.2. An Overview of the Project Management Philosophy
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Brief introduction of the Warehouse and Unichem Company. The Warehouse Group Company profile: The Warehouse Group Limited is engaged in the retailing of general merchandise‚ apparel‚ stationery‚ consumer electronics‚ and home appliances. It operates through The Warehouse‚ Warehouse Stationery‚ Noel Leeming‚ Torpedo7‚ and Other segments. The company is also involved in online retailing‚ which operates through the Torpedo7‚ 1-day‚ and Urban daddy Websites in New Zealand and Australia. In addition
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There is certainly no formula to become a successful entrepreneur. Some may succeed and make good profits‚ others sink along the way. Which are the most lucrative sectors for entrepreneurs? Here’s a list of 20 good opportunities entrepreneurs can look at... 1. Tourism Tourism is a booming industry in India. With the number of domestic and international tourists rising every year‚ this is one hot sector entrepreneurs must focus on. India with its diverse culture and rich heritage has a lot to
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free sources are available. It is available through online piracy to get the same movies which are offering Netflix. Five -force analysis: Threat of substitutes: Probably other websites which offer to watch movies online for free and satellite companies. Walmart‚ Blockbuster‚ Sky store online. Also pirating movies on the Internet which is for free and illegal. Substitutes price availability. Suppliers Bargaining Power: It is very High. There are not a very big choice of suppliers. It is important
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The potential benefits of CSR relative to the costs for business & stakeholders. CSR is the extent to which an organization accepts its obligations to society over and above legal requirements. Firms can benefit from CSR. It will help them gain marketing advantage. This could be firms USP and they could add profit margins. Consumers may be prepared to premium price‚ if the CSR product suits them. For example‚ Costa coffee used Fairtrade and its premium customers were prepared to pay high price
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OPPORTUNITY COST & THE FREE MARKET Scarcity is one of the most basic and crucial points to understand in microeconomics.1Scarcity means that we cannot have all the needs and wants to satisfy our desires. Scarcity can be applied to almost anything. Due to the scarcity of products we must make a choice of what we want. We must choose whether to do one thing or another by what we value to be most important to us. This‚ therefore‚ leads to us opportunity cost. Usually when one has to make a decision
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technical support topics. The research tool is very fast‚ convenient and you can get actual information about a product or a service‚ a problem‚ ideas and customers needs. Dell has direct relationship with individual customers and also big companies. 3. What is Dell unique selling point ? Dell’s Unique Selling Point (USP) is the facility that allow consumers to select and customise their computer. Customers
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Businesses and Their Costs Study Questions: 1. Explain the difference between a plant‚ a firm‚ and an industry. Plant – establishments such as a factory‚ farm‚ mine or store. Firm – an organization that employs resources to produce goods/services for profit. Industry – group of firms that produce the same or similar products. 2. State the advantages and disadvantages of the corporate form of business. Advantages – most effective form of business organization
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