Chapter 1 Demand States 1. Negative demand 2. Nonexistent demand 3. Latent demand – strong need that cannot be satisfied by an existing product 4. Declining demand 5. Irregular demand 6. Full demand 7. Overfull demand – more would like to buy than can be satisfied 8. Unwholesome demand – attraction to products with undesirable social consequences Key Customer Markets - Consumer‚ Business‚ Global‚ and Nonprofit and Governmental Types of Needs – Stated‚ Real‚ Unstated
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Ch 1 Question 1 Which of the following statements is correct? a) Marketing is the term used to refer only to the sales function within a firm b) Marketing managers usually don ’t get involved in production or distribution decisions c) Marketing is an activity that considers only the needs of the organization‚ not the needs of society as a whole d) Marketing is the activity‚ set of institutions‚ and processes for creating‚ communicating‚ delivering‚ and exchanging offerings that have value for customers
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MARKETING MANAGEMENT Chapter 1 Defining Marketing for the 21st Century Five basic markets & their connecting flows Figure 1.1 Marketing Management - An Asian © Kotler‚ Keller‚ Ang‚ of Perspective Structure Leong & Flows in a Modern Exchange Economy Tan 4th Edition International Executive MBA PGSM Page I.01 MARKETING MANAGEMENT Figure 1.2 A Simple Marketing System © Kotler‚ Keller‚ Ang‚ Leong & Tan Marketing Management - An Asian Perspective 4th Edition
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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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Examination Paper: Marketing Management IIBM Institute of Business Management 1 IIBM Institute of Business Management Examination Paper MM.100 International Marketing Management Section A: Objective Type (30 marks) Part One: Multiple choices: 1. International marketing includes activities that direct the flow of goods from a. One country to one country b. One country to another country c. One country to multiple country d. All of the above 2. ETC stands for a. Expert trading companies b. Essential
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Marketing ManageMent hamed imad Salah Kevin PhiliP Kotler Keller hassan Baalbaki Shamma Pearson Arab World Editions — Business & Economics The Arab world’s location between three continents ensures its place at the centre of an increasingly integrated global economy‚ as distinctive as any business culture. We think learning should be as dynamic‚ relevant‚ and engaging as the business environment. Our new Arab World Editions for Business & Economics provide this uniquely
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Ishaque Report Topic: Marketing Plan for CleanWell Hand Sanitizer Program: MBA-Executive CleanWell Hand Sanitizer - Zero germs – instantly!! LETTER OF AUTHORIZATION Students of Principles of Marketing Institute of Business Management Dear Readers: We have been authorized to conduct an elaborate study on the Marketing Plan of any product‚ by the Management of Institute of Business Management and the course instructor of Principles of Marketing‚ Dr. Munzir Ishaque. The enclosed
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Multiple Choices: 1. It is a concept where goods are produced without taking into consideration the choices or tastes of customers. b. Production concept 2. It involves individuals who buys products or services for personal use and not for manufacture or resale. d. Consumer 3. It is the groups of people who interact formally or informally influencing each other‟s attitudes& behavior. c. Reference groups 4. The concept of the product that passes through various changes in its total life
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Q 1. Why must the managerial functions of marketing be sequential in nature? Answer: Introduction: The main purpose of marketing management is to direct those activities by which the marketing goals can be achieved. According to Cundiff & Still “To achieve the marketing objective-planning‚ organization‚ coordination & control is necessary. Whether he is a marketing manager‚ industrial middlemen or consumer retailer each &every one has to do planning‚ organization & control of activities
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MG 511 Strategic Marketing Case Study: Marketing Planning at ‘Just Us! Cafes’ Lecturer: Date: Name: Student No: Ms. x 20th Dec. 2010 Seánpaul Walsh X Contents: 1.0 3 1.1 Competitor Analysis 3 1.2 Specific Competitor: Kicking Horse Strategy 4 1.3 PEST 4 1.4 2.0 External Analysis Porter’s 5 Forces 4 Internal Analysis 5 2.1 Value Chain Analysis 5 2.2 BCG Matrix 5 2.3 Revenue Analysis 6 2.4 Geographic
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