Maharashtra Govt. Reg. No.: F-11724 [pic] SUBJECT: MARKETING MANAGEMENT Total Marks : 80 INSTRUCTIONS 1. Answer all the Questions 2. Present your Answer with tidiness and to the point. 1. At the time when the market leader for instant noodles was Nestles Maggi‚ the main challenger was Top Raman’s Noodles. Applying the concepts of marketing Management‚ what would be your strategic plan in order to keep up
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decision of the marketing department of Wiggo in opening the outlet would be the following: Using the PESTLE Model for the situational analysis it was found that the main external factors which would influence Wiggo Tropico are the age distribution‚ class and mobility of the population‚ the target market being lower Middle class. The level of technology‚ the state of the economy and the political climate are all other factors affecting the tactical decisions of the Marketing Department. Wiggo’s
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“Appreciating brands as assets through using a two-dimensional model”‚ International Journal of Advertising‚ 8‚ 4‚ pp. 111-119. • Elliot‚ G.‚ Rundle-Thiele‚ S. & Waller‚ D. (2010)‚ Marketing‚ Wiley‚ Milton. • Lewis‚ C. & Vickerstaff‚ A. (2001)‚ “Beer branding in British and Czech companies: A comparative study”‚ Marketing Intelligence & Planning‚ 19‚ 5‚ pp. 341-350. • Meyvis‚ T. & Janiszewski‚ C. (2002)‚ “Consumers’ Beliefs about Product Benefits: The Effect of Obviously Irrelevant Product Information”
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1.2 Introduction ’Marketing is so basic that it cannot be considered as separate function. It is the whole business seen from the point of view of its final result‚ that is‚ from the customer’s point of view’. - Peter Drucker. Marketing is indeed an ancient art; it has been practiced in one form or the other‚ since the days of Adam and Eve. Today‚ it has become the most vital function in the world of business. Marketing is the business function that identifies unfulfilled needs and
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1. The definition of marketing management‚ according to Kotler‚ is "managing profitable customer relationships (by) attracting new customers (and) retaining and growing customers’ (Power Point slide No.4‚ Chapter 1). Marketing management according to Ken Schaefle is‚ "The building block of the marketing process and it should form the foundation of the organization...everyone should be dedicated to the customer" (Class 10/7/04). See attached Exhibit #1‚ Marketing Management Orientations. 2. Strategic
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MASTER POST MODULE MODULE : MARKETING MANAGEMENT LECTURER NAME : MR ROSSLINE 1 of 50 TABLE OF CONTENTS 1a. EXAMINE AND REVIEW CRITICALLY THE FOUR AREAS OF MARKETING COMMUNICATION? PROVIDE EXAMPLE WHERE NESSARY 1b EXPLAIN IN DETAIL THE BASIC PRICING STRATEGIES? GIVE EXAMPLE TO SUPPORT YOUR ANSWER 2. IDENTIFY AND DESCRIBE THE MOST OFFEN USED SOURCES OF DIFFERENTATION. GIVE EXAMPLES TO SUPPORT YOUR ANSWERS. 3. URSULA IS A MARKETING MANAGER FOR A BATHROOM TILE
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Unstated‚ Delight‚ Secret Types of Marketing Environments Task - includes the actors engaged in producing‚ distributing‚ and promoting the offering Broad – demographic‚ environment‚ economic‚ social-cultural‚ natural‚ and technological environment Holistic Marketing – based on the development‚ design and implementation of marketing programs‚ processes‚ and activities that recognize their breadth and interdependencies. Everything matters in marketing – a broad‚ integrated perspective is often
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Marketing Management 1.8 Summary Let us recapitulate the important concepts discussed in this unit: Marketing is a social activity directed towards satisfying customer needs and wants through an exchange process. The five core concepts of marketing are: Needs‚ wants‚ and demand‚ Product and services‚ Exchange process‚ Customer value and satisfaction‚ and Markets. The main functions of marketing are advertising‚ sales promotion‚ market research‚ and sales planning. Marketing
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Spring 2010(Jan-June) Master of Business Administration-MBA Semester 2 MB0046 – Marketing Management - 4 Credits (Book ID: xxxxxxx) Assignment Set- 1 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions. Q.1 a. Explain the meaning of market with its features. (4 marks) b. Marketing involves more activities than only being an exchange process. How can you prove the validity of this statement? (6 marks) Q.2 a. Examine how a firm’s micro environment operates when compared
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OPEN UNIVERSITY MALAYSIA FACULTY OF BUSINESS MANAGEMENT BMMK 5103 MARKETING MANAGEMENT Fathimath Numa Rasheed S1309011905 A041562 7910571 fanura@gmail.com Hamid Sodique Villa College ACKNOWLEDGEMENT I would like to extend my sincere gratitude to Mr. Hamid Sodique who lectured this module‚ for the continuous support and all the advice and thoughts that have been given. I would also be thankful to the assistance that
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