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- Q1. Select an organization of your choice from the place/region you belong to, engaged in the process ofpractising Marketing Management. Discuss in details the stages and steps for the Marketing Process, theorganization is practising (with diagram). Word count: 1000 words. Q2. You are asked to suggest some changes for the existing Marketing Process of this above-selectedorganization, helping the organization to sustain itself in the competitive Marketing environment. Give yourvaluable suggestions to the selected organization referring to the absent, not performed well and have scopefor so-called improvement through/in their existing practices of Marketing Process. Word count: 500 words.This is a marketing topic... Determine, how can a company create a unique value proposition that sets it apart from competitors, and how should this be communicated in the marketing plan?3. 4. What is the difference between customer satisfaction and customer loyalty? What is marketing management?
- As a marketing consultant, a prospective business man has approach you to advise him on his intention of venturing into the market with a new product. 1. Explain to him the approaches he can consider 2. Analyze the factors that need to be consider for each approach. 3. Illustrate to him the potential stages of the market his product needs to survive to be successful on the market.c. Marketing intelligence and marketing research are used by marketers to make informed decisions. Explain the difference between both concepts?1 (a) From the perspective of the Marketing department and a Tactical assistant marketing manager, discuss the effect of the PESTLE. Suggest ONE factor from three of the six external influences (PESTLE) that may be upsetting the business process(es) you have chosen and ONE factor from three of the six external influences (PESTLE) that may interrupt customers’ experiences. (THREE reasonable factors that may interrupt customers’ experiences) Request information from TWO other departments (Production, Distribution, Sales, Finance & Accounting, Human Resources) that could assist in your investigation. Please specify both the TYPE, and specific CONTENTS of the report you are requesting.
- MARKETING 101 1. Answer the given questions below. 1.1. As a consumer, develop a consumer purchase decision on buying a smartphone.discuss your decision making process. 1.2. However, on the marketing perspective, how will you consider the consumer’spurchase decision (as cited in number 1) in designing marketing activities?1.Visit Ryanair’s website. Compare its website with one of its competitor, like Spirit Air, and give recommendations on how Ryanair can utilize .it’s website as a strategic marketing tool to enhance its .competitiveness. How can it improve the website to function more effectively and enhance the company’s efficiency in serving its potential customers?● Describe the relationship between the target market and the 4 P’s ● If there was a weakness in the marketing plan outcome would you look to the 4 P’s for a possible solution?
- Which of the following statements best describe a focus strategy: Select one or more: a. A focus strategy is an integrated set of actions taken to produce goods and services that serve the needs of a particular market segment, such as a specific buyer group (e.g. young or old people). b. A focus strategy is an integrated set of actions taken to produce goods and services that serve the needs of several particular market segments (e.g. young and old people). C. A focus strategy is necessarily an integrated set of actions taken to produce goods and services with lower production costs than competitors. d. A focus strategy can be considered a differentiation or cost leadership strategy applied to a limited geographic market.1. Think of a product or service in which you think constantly working on finding a unique strategy to please a customer and retain loyalty. Explain and discuss. 2. Do you think having those approaches of contemporary marketing has a huge impact to organization? Explain and discuss. 3. As a costumer, do you think having a face to face contact in advertising helps in increasing the credibility of the brand? Discuss. 4. Do you agree to what case was stated that the customers are willing to pay extra for products from companies which are concerned about the environment and committed to sustainable development? Discuss. 5. Think of a company that offers either product or service in which you think contains the three approaches of contemporary marketing (Relationship Marketing, Industrial Marketing, and Social Marketing). Discuss.Which factors represent internal considerations for preparing a Marketing Plan? Select one: a. Strengths, Resources, Threats, and Weaknesses b. Strengths, Weaknesses, Opportunities and Treats c. Strengths, Substitutes, Threats, and Opportunities d. Strengths, Substitutes, Threats, and Weaknesses