1. 5 Core concepts of marketing Needs‚ wants and demands Needs: Needs emerge from a state of felt deprivation. It can be physical‚ social (feelings)‚ or individual (knowledge). All human beings have needs & share these needs. Needs are generic. Wants: individual choices of product that is used to satisfy the needs. Shaped by culture and personality. Ex: 1 thirsty person wants to drink mineral water‚ while the other thirsty person wants to drink coca cola. Demand: Enough money to buy it. Backed
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Hewlett-Packard HP-UX I will be the first to say that I am really new to UNIX and trying to understand the dynamics of how this free source operating system works. The system requirements are not the same as if you try to compare it to Windows. The two UNIX versions I chose to compare is Hewlett-Packard HP-UX and Sun Solaris‚ I will try to show what requirements each demand and their differences. The Hewlett-Packard HP-UX functions on most 32-bit workstations and servers‚ the HP-UX can also work
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A company’s total promotion mix- also called its marketing communications mix –consists of the specific blend of advertising‚ public relations‚ personal selling‚ sales promotion‚ and direct-marketing tools that the company uses persuasively. Advertising- Any paid form of non personal presentation and promotion of ideas‚ goods‚ or services by an identified sponsor. Sales promotion- Short-term incentives to encourage the purchase or sale of a product or service. Personal selling- Personal presentation
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EUROPEAN CURRICULUM VITAE FORMAT JOB REFERENCE NUMBER PERSONAL INFORMATION Name HALILOVIĆ SEMINA Address 28‚ Sarajevska‚ 75000‚ Tuzla‚ B&H Telephone 061/894-602 Fax 035/260-573 E-mail semina_h@bih.net.ba Nationality at birth B&H Present nationality B&H Date of birth [ Day‚ month‚ year ] 28.12.1965. Place of birth TUZLA Sex Male □ Female X Marital status Single □ Married X Widowed □ Divorced
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Vietnam is an actual potential market. As a business in Vietnam market‚ it is important for TCRS to have a marketing mind-set. Thus‚ this report aims at recommending an overall marketing approach for this company in a sensitive market – Vietnam. REPORT I. The various elements of marketing process needed to be considered by The Chicken Rice Shop (TCRS) to penetrate into Viet Nam Marketing concept is the philosophy that companies should analyse what their customers need and want and then make
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Principle of marketing extra credit case study Aeroflot - A Dogfight for International Passengers In stark contrast to British Airways‚ Aeroflot-Russian Airlines is new to the skies of international commercial airlines. Aeroflot’s 114 planes transported 3.8 million passengers in 1996 compared to British Airlines’ 25.35 million passengers. Aeroflot’s figures are down considerably from 1991‚ the year before the dissolution of the Soviet Union‚ when its 5‚400 planes carried 138 million passengers
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Marketing Environment Audit Part I A. What major demographic developments and trends pose opportunities or treats to this company? What action have the company taken in response to these developments and trends? Ans. Major demographic developments and trends pose opportunities/treats to company. At Ellingson Companies they make sure all of their employees are safe at all times. They provide their employees with regular safety training‚ including training that is above and beyond what is
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School of Business and Law (SBL) Submitted By: Shegupta Begum Student ID- B0432MAMA1110 MBA-2‚ Marketing Abstract There are three parts in the assignment. Initial part contains title‚ aim and objectives of the research and a brief description of company which is required for dissertation. The second part is literature review
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1. Discuss the marketing concept/ A concept is the overall idea or structure of something and marketing is how a product is moved through a channel to reach its target consumer. A marketing concept embraces the philosophy that good marketing strategy always has the needs and wants of the target marketin mind. Marketing concepts are formed as creative approaches to the problem of how to get a product needed and desired by a group of consumers to be selected and purchased by this group. The crux of
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The Full STP Process The Full STP Process The market segmentation‚ targeting and positioning (STP) process is a fundamental concept in understanding marketing and the strategies of firms. In most marketing textbooks‚ the STP approach is presented as a simple three step process. While that approach provides a good introduction to this marketing concept‚ it fails to adequately highlight the smaller steps of the STP process that should also be understood. The following diagram highlights the overall
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