Blue Ocean Strategy Paper Julian Nicholson MKT/421 January 15‚ 2015 Terry Dunning Blue Ocean Strategy Paper Blue Ocean Strategy Pertinence Blue Ocean Strategy is a concept in which authors W. Chan Kim and Renee Mauborgne devised. They then wrote a bestselling book called you guessed it‚ Blue Ocean Strategy. In this book the authors expound upon at great length‚ the benefits for business owners to leave the red ocean. Red Ocean is a term used for what is known as the waters
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Summary of Point Values for Course Assignments ASSIGNMENTS Points Individual (75%) Defining Marketing Paper (Week 1) (Sunday‚ January 8th‚ 2012) 8 Marketing Mix Paper (Week 2) (Sunday‚ January 15th‚ 2012) 8 Marketing Research Paper (Week 3) (Sunday‚ January 22nd‚ 2012) 8 “Using Perceptual Maps in Marketing” Simulation Summary (Week 4) (Sunday‚ January 29th‚ 2012) 8 Environmental Factors Paper (Week 5) (Sunday‚ February 5th‚ 2012) 8 Final Examination (Week 5) (Monday‚ February 6th‚ 2012)
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Organizational Overview Cox Communications is a telecommunications company headquartered in Atlanta Georgia. Its parent company‚ Cox Enterprises Inc‚ was founded in 1898 by school teacher and three term governor of Ohio James M Cox. With more than 23000 employees in 15 states‚ Cox provides its 6.7 million subscribers with award winning services. Among them are: video‚ with high definition‚ digital video recorder‚ digital cable‚ and analog services; high speed broadband data with multiple speed choices;
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1 2 CHAPTER Distribution Customer Service and Logistics If you want a Coca-Cola‚ there’s usually one close by— no matter where you might be in the world. And that’s no accident. An executive for the best-known brand name in the world stated the objective simply: “Make Coca-Cola available within an arm’s reach of desire.” To achieve that objective‚ Coke works with many different channels of distribution. But that’s just the start. Think about what it takes for a bottle‚ can‚ or cup
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Week Three Assignment 5. Explain when and why it is important for a company to globalize. When an organization wants to go global‚ they look at the opportunities in all countries that will permit that organization to enhance the effectiveness of business functions everywhere the organization has operations and then devise a strategy to achieve that goal. The two main reason an organization looks to globalization is for standardization and customization. Standardization uses a
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Marketing Definitions MKT 421 November 27‚ 2012 Marketing‚ what is it? And how is it defined? Marketing is sometimes difficult to grasp for the average person. Though‚ in the business world marketing is extremely important. Defining marketing and the marketing mix gives a great overview of how understanding marketing and the processes involved are important for a successful organization. Many may have the general idea of what marketing is‚ but looking it at a micro
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Environmental Factors Paper Elizabeth McUne MKT/421 December 16‚ 2013 Creig Foster Environmental Factors Paper Introduction This paper will discuss the environmental factors that PepsiCo faces. These factors effect both the domestic‚ and global marketing the company does. Factors such as trade practices‚ demographics‚ cultural differences‚ and the Foreign Corrupt Practices Act of 1977 will all be discussed‚ as well as other factors that affect PepsiCo‚ and their marketing
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Marketing Mix MKT 421 April 4‚ 2011 Marketing Mix A marketing strategy is the combination of the target market‚ or the customers the marketing is intended to reach‚ and the marketing mix. Product‚ price‚ place‚ and promotion are components of the marketing mix‚ or the four p’s‚ which create a value for the customer (Perreault‚ Cannon‚ & McCarthy‚ 2009). For this reason‚ the customer‚ who is not part of the marketing mix‚ is the center of the target‚ surrounded by the elements of the marketing
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Marketing Plan Stephanie Fox‚ Joe Rizzo‚ Donna Spence‚ Ryan Wing MKT 421 Tammy Fernandez November 12‚ 2007 Coffee‚ the choice of many people for their morning and afternoon pick-me-up or the choice for anytime of day. Millions of people drink coffee. Starbucks has become the leader in the coffee industry‚ offering gourmet coffees with various blends available to the customers. Although‚ the company is quite pricey‚ Starbucks customers are hooked on the unique
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Blue Ocean Strategy Stephanie Copenhaver MKT/421 December 15‚ 2014 Fritz Beiermeister Blue Ocean Strategy What is Blue Ocean strategy and the importance of it? Blue Ocean Strategy is the creation of a new product that is not used in the market and there will be no competitors for this product. By having no competition in this market place it will help decrease the company’s costs but will give the company new customers so the value will go up. It is a theory that was created by INSEAD professors
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