Preview

WRSX GLOBAL ADVERTISING & MARKETING COMMUNICATION

Powerful Essays
Open Document
Open Document
5638 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
WRSX GLOBAL ADVERTISING & MARKETING COMMUNICATION
Strategy Experience Case Study Assignment

Course: Strategic management
WRSX
GLOBAL ADVERTISING & MARKETING
COMMUNICATION

Phase 1
Introduction
The aim of WRSX is to become a specialist provider in order to improve the competition in the business processing. As a specialist provider, the company can provide more service to the existing customers and attract more new customers for the company. To diversify and move into foreign markets, a variety of considerations ought to be put in place. The company will use tools and techniques to assess foreign markets as well as succeed in creating a huge market share back home. The success of any company will be based on strategic positioning and feasibility study capability.
Expectations and Purposes
Services
The company WRSX expects to create quality and a variety of advertising and marketing communications to support global client targets. This company requires increased creativity and innovation which will lead to more development to the company. The aim of the company is to become a specialist provider in order to improve the competition in the business processing. As a specialist provider, the company can provide more service to the existing customers and attract more new customers for the company.
Company
The company is quoted in the London stock exchange but has been underperforming in the last 18 months. Goodwill and positive reputation is extremely essential for a company. So WRSX should keep an outstanding reputation in this area and let the clients know it is a wise choice when they choose WRSX to do marketing for them. It also has to improve the relationship with the suppliers because now WRSX does not have a healthy relationship with suppliers which will bring the negative influences of the channel for the resources. Moreover, skilled managers will bring the principal function for the company so appointing skilled managers to the suitable position will let these managers



References: Coulter, M, 2005, Strategic management in action. Upper Saddle River, NJ: Pearson Prentice Hall. IMF, 2011 World Economic Outlook, the people 's Republic of China data. Jacobs, Alex, et al. 2010, “Three approaches to monitoring: feedback systems, participatory monitoring and evaluation and logical frameworks.” Katsoulakos, P & Tait, A 2004, strategic knowledge management solutions Jacobs, Alex, et al. (2010), “Three approaches to monitoring: feedback systems, participatory monitoring and evaluation and logical frameworks.” P Katsoulakos, A J Tait (2004), strategic knowledge management solutions Bleak, J, and Robert, F 2009, Best practice in leadership development Handbook. San Francisco: Pfeiffer, 2009. Corporation, IBM. 2004, Boston Coach drives to the new heights of efficisncy with real time dispatch system. Retrieved on October 2nd 2012 from . Orlikowski, W, 2000, Using technology and constituting structures: A practice lens for studying technology in organizations. Organization sceince, 11(4), 404-428. Outlook, Global CXO. 2012, Growth strategies for 2012 and beyond. Retrieved on October 2nd 2012 from . WRSX. 2008, Company report and profile. Learning Dynamics. Cockburn M, Henderson R Hambrick D. C. & Fredrickson J. W. “Are You Sure You Have a Strategy?” Academy of Management Executive 15 (2001): 48–59. Singer A. E. “Strategy as Moral Philosophy,” Strategic Management Journal 15 (1994): 191-213. Wright P, M. Kroll, & Parnell J. A. Strategic Management: Concepts. Upper Saddle River, NJ: Prentice Hall, 1998. Wysocki B Jr, “How Dr. Papadakis Runs a University Like a Company,” Wall Street Journal (23 February 2005): A1

You May Also Find These Documents Helpful

  • Better Essays

    Taqa 4

    • 1293 Words
    • 6 Pages

    By monitoring practice, quality assurance will ensure that all assessors are behaving in an appropriate manner in the community and that there are systems in place for employers, learners and other professionals to seek advice and guidance for any issues.…

    • 1293 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Ll Bean

    • 1053 Words
    • 5 Pages

    Currently, the business is acquiring greater sales due to its customer acquisition program combined with other marketing efforts (i.e. increase in catalogue circulation, more advertisements). As well, the company is utilizing new technologies to improve its inventory system, its data processing programs, and its order system. This allows the company to provide customers with accurate and efficient services. Furthermore, the company provides its employees with many attractive benefits,…

    • 1053 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Iscm Strategic Plan

    • 1276 Words
    • 6 Pages

    Promote a common language for prioritizing continuous monitoring implementation stages; a systematic structure to guide, track, and measure…

    • 1276 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Improving marketing has become a top priority of successful inventors and corporations. Most corporations’ research different groups and needs in the marketplace, satisfy the consumers in a superior way by targeting their wants and needs. All marketing strategies are built on segmentation, targeting, positioning, and then position its offering so that the target market recognizes the company’s image and terrific offerings. There are many different business areas which will sometimes play a huge factor such as, finance, accounting, information systems, marketing, and strategic management.…

    • 713 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Unit 16 p5

    • 459 Words
    • 3 Pages

    Individuals need to be monitored to ensure they are working effectively and meeting targets and…

    • 459 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Childcare

    • 484 Words
    • 2 Pages

    6. Monitor the risk assessment and review at a later day – Monitoring the risk assessment means paying attention to how effective your measures are in practice.…

    • 484 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Research methodology p1

    • 480 Words
    • 2 Pages

    It is important that any change is monitored to see the effects of the change, whether it be positive,…

    • 480 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Training is a repeating process in which monitoring is an important step. Monitoring this process is essential to making the training meaningful and keeping it on track. Monitoring training allows people to reconcile what was planned for training and what was achieved. It also allows you to maintain control of the training process. Monitoring is a periodically recurring task already beginning in the planning stage of a project or programme, it is also the regular observation and recording of activities taking place in a project or programme. Monitoring allows results, processes and experiences to be documented and used as basis to steer decision-making and learning processes. It will help you assess how the performance was achieved. Monitoring increases training effectiveness. The more consistent the monitoring, the more meaningful the information will be. Monitoring training allows you to reconcile what was planned for training and what was achieved.…

    • 439 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Marketing Project

    • 2426 Words
    • 10 Pages

    WICS lacks the marketing insight to target clients appropriately. As a solely premium brand, market research is crucial to customer perception and increasing the 40% share of customers willing to pay premium prices for WICS products. Moreover, new lines or line extensions are difficult to launch when there is no market research. In an evidently growing industry, the inability to provide an appealing value proposition to 60% of the customers has caused WICS to halt sales growth and struggle to keep its…

    • 2426 Words
    • 10 Pages
    Powerful Essays
  • Best Essays

    Monitoring and Evaluation

    • 1936 Words
    • 8 Pages

    describe how participatory monitoring and evaluation (PM&E) is used in practice with specific reference to case studies from China…

    • 1936 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    miss

    • 1688 Words
    • 7 Pages

    Monitoring: Professional will then discuss with all involved the advantages and disadvantages and the alters that need to be made.…

    • 1688 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    The next section will explain how the company is going to provide value to the customers. A six step plan, which has been formulated by the company founders, has been provided in this section. The company aims to win market share by practicing the six step plan. Also a detailed marketing mix comprising key characteristics has been explained in detail to complement and help us meet our goals with respect to the six step plan. The following sections- pricing and distribution channels has been supported with facts and figures that will be implemented by the company to start up the operations of our…

    • 849 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Mramia Code Case Study

    • 891 Words
    • 4 Pages

    The researcher must review its procedures and resources to ensure that the required levels of monitoring are met in the future.…

    • 891 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Plan de Marketing SWP

    • 380 Words
    • 2 Pages

    ii. Describe WRSX Groups' products and services, market position in its different sectors as you see them in three years time…

    • 380 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Nfp Final Exam

    • 2692 Words
    • 11 Pages

    Monitoring (measurement): Keeps marketers on schedule, to know if all segments are being reached, what is working/not working, is desired impact happening, who are we missing? Has competition/social environment changed? Are partners responding well? What about stakeholders?…

    • 2692 Words
    • 11 Pages
    Good Essays