Individual Front Sheet Student name: Student number: Assignment company: Menghan Tong 13431274 Britvic Group PLC Assessment Criteria Excellent Good Satisfactory Insufficient Poor Understanding of the theories and arguments relevant to the essay Knowledge of the company evidenced by extensive reading A logical linkage to related literatures and reading relevant to THIS company Overall financial and strategic analysis of international position. Overall analysis of exchange
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Q1: Ans: The term marketing concept consists of following key characteristics: 1- Identifying 2- Anticipate and satisfying 3- Profit These characteristics are illustrated as follows: 1- IDENTIFYING Identifying is probably the most important task that generally involves the location and identification of needs and demands of the public and to gain the knowledge of competitors in the market. This process can be done through market research and public surveys about what products
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customers wants‚ meeting customer needs‚ supplying them more efficiently and effectively and creating and maintaining profitable relationships. Putting the customer in the middle of all company’s operation allows Britvic to be one of the biggest branded soft drink businesses in UK. Britvic provides fresh‚ bottled fruit juices with source of Vitamin C. Question 2 Explain Btitvic’s micro and macro environment. Marco forces of marketing environment can affect all organisations operating in
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An Introduction Case Study — Britvic Background Founded as the British Vitamin Products Company in the mid-nineteenth century in the market town of Chelmsford in Essex‚ the company changed its name to Britvic in 1971. The company began as little more than a home business run from a chemist’s shop. Soon the company was producing all kinds of soft drinks‚ including lemonades‚ mineral waters‚ tonics and non-alcoholic ales. It wasn’t until 1938 that the Britvic range of juices that we know today
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University of Salford 12/17/2010 BRITVIC PLC Table of contents: 1 .Aim pg. 2 2. Company overview pg. 2 3. Short-term assets management pg. 3 4. Liquidity pg. 4 5. Profitability pg. 5 6. Financial structure and cost of capital pg.7 7. Share price behaviour pg. 8 8. Portfolio effect pg. 10 9. Concluding remarks pg 12 10. Bibliography pg 13 Britvic PLC –financial analysis- 1. Aim The aim of the following report is to assess the financial activity of Britvic PLC over a sixty months period
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Marketing Britvic Case Study – Assessment 1 1. Characteristics of the marketing concept. The Selling Concept – This concept doesn’t primarily focus on new consumer wants or desires but focuses on the selling and promotion of a particular already existing product in order to achieve the highest sales they possibly can. This technique is suited to companies who sell products which are in high demand and whose customers/consumers tastes are unlikely to change and lessen demand. The Production Concept
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Chapter 8 is entitled Segmentation‚ Targeting‚ and Positioning and focuses on how companies divide their markets‚ how they choose which markets to pursue‚ and how they position their products to make them more attractive to consumers. The chapter starts of by detailing the five levels of the Segmentation‚ Targeting‚ and Positioning Process. The first two steps are a part of Segmentation and they are developing the strategies or objectives and segmentation methods. The next two steps‚ evaluating
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segmentation‚ targeting‚ positioning‚ differentiation and branding For many organizations today to be successful they must know what consumers needs are‚ so as to satisfy them successfully and profitably to avoid wastages of resources. For these organizations to be successful they have to undertake segmentation‚ so as to know their target market and also to know the available competitors in the market producing the same goods. As a matter of fact‚ for Colgate to be successful they must segment
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Market segmentation allows businesses to satisfy the diversity in a resource-effective manner and is held up as the panacea of modern marketing (Dibb‚ 2001). Marketing segmentation is more and more vital for business in the modern time. This essay‚ therefore‚ tend to introduce the concept of market segmentation first‚ then and the merits and difficulties will be illustrated. Finally‚ different approaches are going to be demonstrated. Market segmentation is the process by which a diverse market
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Explain how and why groups of customers are targeted for selected products What is segmentation? Market segmentation is the division of a market into sub groups with similar characteristics. A business can then target these groups and develop products and services for each of them. There are several ways in which consumers can be split up into. These is geographically which includes location‚ demographically which includes gender‚ social class‚ age‚ income‚ ethnicity or religion‚ psycho graphically
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