The Indian Marketing Environment At the end of this module the learning outcomes are:- 1) What are the various components of the marketing environment? 2) How the Indian marketing environment is changing as times change? 3) How are the new economic policies impacting the marketing environment? 4) What are the marketing challenges in the new environment. We have said Marketing is the delivery of a total offer to the consumer in such a manner that. a) The offer
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The wider macro-environment Changes in the wider macro-environment may not be as close to the marketing firm’s day-to-day operations‚ but they are just as important. The main factors making up these wider macro-environmental forces fall into four groups. Political and legal factors Economic factors Social and cultural factors Technological factors (Often referred to as the ‘PEST’ factors in the marketing analytical context‚ a useful aide-memoire‚ although in some texts it is sometimes referred
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International Marketing Environment Alfredo Carmona Prof. Simone Farrar Marketing 320 February 3‚ 20 In today’s fierce market it is important for corporations to go global. This isn’t an easy task as it takes a lot of careful planning and research in order to be successful at an international level. The competition can come from local companies to others looking to also expand into worldwide markets. This is why it is so important for a company to analyze this new market and familiarize themselves
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Marketing and the competitive environment Effective marketing Marketing: identifying and meeting customer needs. Market: anyone willing and with the financial ability to buy a product or service. There are 2 main strands to successful marketing: Identifying customer needs. Meeting customer needs. Niche marketing: meeting the needs of a relatively small number of potential customers. Advantages Disadvantages Ability to focus on the needs of individual customers and respond quickly to changes
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Kuwait Cultural behaviors according to Hofsted’s Power distance: In the work place you should expect seeing that small employees are not allowed to communicate‚ propose ideas directly to the higher management and they are kept away. They can only talk to the direct manager who will take an advantage of this employee by taking the credit of small employee’s innovations and ideas as he will convey it to the top management unlike Germany as you have an open door policy and everyone gets awarded
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Interaction of micro elements The interaction between 5 competitive forces‚ create environment for Apple very competitive and hard to survive. Low entry barrier‚ rapid innovation of supplier and changing demand of consumer create the product life-cycle shorten. A lot of competitors with very similar product specification let product easy to imitate and alter PC become near to commodity product. Thus this leads to low market share industry. In addition‚ strong power of suppliers‚ a lot of competitors
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Chapter 5: Scanning Marketing Environment Analyzing needs and trends in the Macroenviroment Trends ▫ is a directional or sequence of events that some have momentum and durability. ▫ Has longevity‚ is observable across several market areas and consumer activities and is consistent with other significant indicators occurring or emerging at the same time(Faith Popcorn) Faith Popcorn points to 16 Trends in the Economy 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Anchoring Being Alive Cashing Out Clanning
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GGIESBURGER – THE VEGETARIAN BURGER A Marketing Plan Submitted to Professor Virginia Salonga Of Colegio de San Juan de Letran In Partial Fulfillment of the Requirements For the Course By MAXINO‚ JED ARLO LEONOR‚ JOANNA MENDOZA‚ MARK LISING‚ JESUS MIQUE‚ KIM MK1C [pic] Introducing the healthier way of eating in a fast food…. BURGER MACHINE’S NEW GgiesBurger!!! [pic] The Vegetarian Burger OUTLINE I. Executive Summary II. Current Marketing Situation III. SWOT Analysis
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McDonald’s and Burger King are similar; they have evident differences in their advertising models‚ food and their commitment with the community. II) *Topic sentence 1: McDonald’s and Burger King invest a lot of money in their advertisements. A) Evidence #1: Golden arches‚ Ronald McDonald‚ Big Mac‚ extra cheese and the guy who promote Burger King. III) *Topic sentence 2: Their food seems to be the same‚ but it isn’t. A) Evidence #1: McDonald’s hamburger weighs less than Burger King’s. B) Evidence
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MINUTE BURGER Chapter I. Company name: Leslie Corporation Address: AB Fernandez Dagupan City Branch Contact person: Leslie Corporation‚ Franchising Department 4 Dama de Noche St.‚ UPS 4‚ Paranaque City Tel: (02) 776-7740‚ 823-2566 loc. 269 Email: info@minuteburger.com Web: www.minuteburger.com 1.2 Minute burger‚ a newly founded business which majors in Pangasinan deals with the all new popular buy one take one burgers. Minute burger majorly functions in the selling of burgers‚ prepared
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