PGDM (Batch:2012-14/ Term-III) MARKETING MANAGEMENT-II (C-303) Session 1‚ 2&3 T- Course Overview; Introduction to Strategy Development Framework; (Finalization of C- What is our Business? (Hard Copy) groups) R- 1.Strategy as simple rules –HBR Article (Soft Copy) 2. Environmental and Internal Analysis (West et al.) Ch-3‚ pp-65-89 AR- What is Strategy? - HBR Article (Soft Copy) Session 4&5 T- Understanding Business and Marketing Objectives C- 1.Carolina Lunker Sauce (Hard Copy) 2. Glaxosmithkline:
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Chapter 1 an overview of marketing Two facets of marketing: 1. A philosophy‚ an attitude‚ a perspective‚ or a management orientation that stresses customer satisfaction. 2. Marketing is an organization function and a set of processes used to implement this philosophy. American Marketing Association Definition of Marketing Marketing is the activity‚ set of institutions‚ and processes for creating‚ communicating‚ delivering‚ and exchanging offerings that have value for customers‚ clients‚ partners
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UNIVERSITY OF EASTERN AFRICA FACULTY OF COMMERCE DEPARTMENT OF MARKETING AND MANAGEMENT UNIT TITLE : MARKETING PLANNING AND CONTROL TASK : Analyze the importance of control. (10mks) : Discuss any major problems that confront attempts to control and evaluate market activities. (10mks) : Marketing planning is difficult for Toy companies because toys tend to be fads
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Strategic Marketing Planning: Theory and Practice1 Malcolm McDonald 2‚ Cranfield University School of Management In order to explore the complexities of developing a strategic marketing plan‚ this article is written in three parts. The first describes the strategic marketing planning process itself and the key steps within it. It also deals with implementation issues and barriers to marketing planning. The second part provides guidelines for the marketer which will ensure that the input to the
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Assessment activity 1 Planning marketing activities Part A 1. Rate the importance of each of the following customer needs for a product or service sold by your organization‚ or an organization you are familiar with. The rating scale is one (vey unimportant) to 10 (very important). Product or service: Importance of the customer Customer need 1 2 3 4 5 6 7 8 9 10 Safety needs * Performance needs * Aesthetic needs * Social
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Brief discription Nokia is a Finnish multinational communications and information technology corporation with headquarters in Keilaniermi‚ Espoo‚ Finland. Its principal products are mobile telephones and portable IT devices. It also offers internet services including applications‚ games‚ music‚ media‚ and messaging‚ and free-of-charge digital map information and navigation services. Nokia has a joint venture with Siemens‚ Nokia Siemens Networks‚ which provide telecommunications network
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MARKETING STRATEGY Objectives: • Understand the importance of strategic positioning and its relationship to the mix. • Learn to maximize marketing potential by managing portfolios of activities & brands. SESSION 1 (12/01/12) Introduction to Strategic Marketing: Strategic segmentation [pic] [pic] Strategic mission: (company website_The Coca Cola Company_Barilla) Company mission: (company website _ About us) • Values (shared
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continuous analysis of competing forces. Business and marketing strategies need to take advantage of opportunities and to avoid threats. Market leaders and competitors cannot fulfill their executive role unless customer’s needs and desires are understood and satisfied. Strategic marketing is creating a plan to better reach and satisfy customer while increasing profitability and productivity. Competition strategy is an important strategic planning process to help management understand their competitive
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TOPIC 1: MARKET-DRIVEN STRATEGY 1.1 THE STUDY OF STRATEGIC MARKETING (Page 2-3) ACTIVITY 1.1 (Page 3) Research a Malaysian company that you believe has been adopting market-driven strategies. Identify those strategies. Why do you consider this company to be successful? SEFF-CHECK 1.1 (Page 3) In your own words‚ define strategic marketing. Strategic marketing is a “market-driven process of strategy development‚ taking into account a constantly changing business environment and the need to
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Acquisitions Implementation Strategy“ Patricia Pittman MGT680 STRATEGIC MANAGEMENT Dr. Robert Smotherman “You are part of a company who has made the strategic decision to acquire another company. There are two possible implementation strategies for this decision: (AIU‚ 2008)” A. “Merge the acquired company into your company. The result of this strategy will be one company containing the elements of both companies. (AIU‚ 2008)” 1. “What are the pros and cons of this implementation strategy? (AIU
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