INTEGRATED MARKETING COMMUNICATIONS Definition: Integrated Marketing Communication Definition: IMC is a concept of marketing communications planning that recognizes the added value of a comprehensive plan that evaluates the strategic roles of a variety of communications disciplines – for example‚ general advertising‚ direct response‚ sales promotion‚ and public relations – and combines these disciplines to provide clarity‚ consistency‚ and maximum communications impact by The American Association
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Business Strategies of Sonic‚ America’s Drive-in Sonic‚ a fast food restaurant chain headquartered in Oklahoma City‚ OK‚ is the largest drive-in restaurant chain in the nation. With more than 3500 stores across the nation averaging over a million dollars a year in sales per store‚ this corporation is one of the leaders in the fast food grouping of the restaurant industry. The success the Sonic Corporation enjoys is due largely to their unique style and the various ways they build value for
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Positioning Strategies in Business Markets An executive summary for managers and executive readers can be found at the end of this article Positioning strategies in business markets Stavros P. Kalafatis Markos H. Tsogas Charles Blankson Professor of Business Marketing‚ Kingston Business School‚ Kingston-upon-Thames‚ Surrey‚ UK Senior Lecturer‚ Kingston Business School‚ Kingston-upon-Thames‚ Surrey‚ UK Assistant Professor‚ Grand Valley State University‚ Allendale‚ Michigan‚ USA Keywords
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1.0 Introduction "Integrated Marketing Communication (IMC) is a concept of marketing communications planning that recognizes the added value of a comprehensive plan. It evaluates the strategic roles of a variety of communications disciplines for example‚ general advertising‚ direct response‚ sales promotion and PR and combines these disciplines to provide clarity‚ consistency and maximum communications impact." -American Association of Advertising Agencies The importance of implementing
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Integrated Marketing Communications Assignment: Georgina Tilbrook (7619740) Introduction: All organisations‚ whether large or small‚ commercial or independent need to communicate in order to run a profitable and successful business. Marketing communications provides the means for brands and organisations to present themselves to their target audiences and therefore vital in promoting the right message. As competition increases‚ communication develops both with respect to direct competition and
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impact the planning function of management within an organization‚ and Coca-Cola is no exception. More than a billion times every day‚ thirsty people around the world reach for Coca-Cola products for refreshment. Coca-Cola is the most popular and biggest-selling soft drink in history‚ as well as the best-known product in the world. The Coca-Cola franchise covers a population of approximately 398 million people. Coca-Cola Enterprises employs approximately 72‚000 people who operate 463 facilities‚ 54
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Linking New Product Development to Strategy By Gary Getz and Pedro do Carmo Costa Many companies implement Stage-Gate or other forms of new product development processes that promise to accelerate growth while managing risk. Few‚ however‚ are satisfied with the output of their efforts. One potential reason for their dissatisfaction is the disconnection between their organization’s new product development (NPD) and strategy development processes. Without this connection‚ product development pipelines
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exclusive use for the industrial exploitation of a revolutionary invention (WIPO‚ 2013). Before applying to a patent‚ it is important to know the defining characteristics of patentable material and conduct a patent search to ensure the technology has not been previously filed for (CIPO‚ 2013). Often‚ the assistance of a registered patent agent is used to facilitate the application process and maintain correspondence with the intellectual property office (CIPO‚ 2013). When applying for a patent
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Tesco PLC‚ people work together in functional areas. Each functional area has a specific purpose. Below are the main functional areas: Finance The main activities of the finance department are: * To record all the business transactions This means that they record in their schedule all the expenses that have been paid and all incomings. They also make sure that each department does not spend more than it has been allocated. * Measure the financial performance of Tesco This
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1. Business strategy analysis Strategy analysis enables the analyst to understand the underlying economics of the firm and the industry in which the firm competes. Involves 3 key steps: 1. Industry analysis What economic factors drive the industry choice? Impact on profitability? 2. Competitive strategy How has the company positioned itself in the industry? 3. Corporate strategy Can the company create value across the range of its business? (Ability to exploit synergies‚ minimisation
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