...like Sunfeast and Britannia amongst others. The Product Concept • The Product concept holds that consumers will favor products that offer the most in quality, performance and innovative features. Hence this marketing strategy focuses on making continuous product improvements. • An example for this can be the Blackberry phones. After the launch of the smartphones by Blackberry like Curve and Bold, it strived to continuously offer upgrades in each series. From Curve 8520 to Curve 3G which offers compatibility for the 3G services and the Bold series ranging from Bold 9100, Bold II and Bold III, the organization aims at continuous research and upgrades even though the pricing is maintained higher than the competition like Apple iPhone and Samsung Android phones. The Selling Concept • This concept holds that the consumers will not buy the firm’s products unless it undertakes a large-scale selling and promotion effort. • An example of this can be the marketing strategies used by the Apple iPods. The product was not a “need” or a “want” of a customer before its launch and the alternative mp3 players that were available in market, were not very successful. The over-hyped marketing strategy gave this product a giant success. The Marketing Concept • The Marketing...
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...Marketing is Strategy by Haidar Shbeeb I personally believe that every business owner should develop a written guideline that sets forth the business’s marketing strategy. A good marketing strategy for example, provides specific goals that include: * A description and an understanding of the intended target. * The competitive market that the company will compete in. * The distribution channels. * The unique positioning of the company and its products versus other competitors. * The reasons why it is unique to buyers/consumers. * The price strategy versus competition. * The spending strategy with advertising and promotions. Another important aspect to look at is the overall company marketing strategy: * What is the definition of the current business? * What is the business’s position? Is it a leader, challenger or follower? * What is the brand, business personality or image that is desired in the minds of buyers/consumers? In order to determine what marketing strategy to use, business owners need to determine the fundamentals of marketing (The 4P’s): * Price: is based on the type of service, competitors and the target’s spending power. * Product: What sort of product or service is the business? * Place: Is it convenient or enough for the consumers? * Promotion: What sort of advertising techniques or options are available to use? Different types of Marketing Strategies: * Affinity...
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...The Use of Integrated Marketing Communications in the Volvo Ocean Race This following defines and describe marketing communications and the concept of integrated marketing communications, then moving on to a discussion of sponsorship Marketing Communications Definition Marketing communications: The communication of information which facilitates or expedites the exchange process. The role of marketing communications is to inform, persuade, remind, reassure the customers and differentiate the organisation in the minds of the customers. There are three requirements for successful marketing communications : RELEVANCE ORIGINALITY IMPACT Communication is about engaging with your target market; Sender encoding => Message (Medium) => Receiver encoding There are several categories of marketing communications, such as Advertising, Personal selling, Public Relations, Sales promotion, Direct marketing, Internet/Interactive, Post-Modern. In a group, these are known as the “Communication Wheel” Increasing focus on communications Traditionally, marketing communications were based on the premise that sale of a product must be immediate or direct for advertising to be considered effective. For example, a good advertisement should: • Attract attention (awareness) • Stimulate interest • Create a desire • Bring about action (AIDA model) However...
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...Kelsey Vanwey Jim Tanoos Consumer Behavior Saturday March 7, 2015 Chapter 9 8. Discuss the role of headlines in a print advertisement. What is the difference between a direct headline and an indirect headline and when might each type be used? “A headline has 5-7 seconds to get the attention of a reader. Not only that, but statistics show that only 2 out of 10 readers will read past your headline. That means if you’re going to hook your reader, you need to do it right away” (8 Types of Headlines that Compel Your Readers to Action, 2009). In addition to grabbing the reader’s attention, the headline must offer some type of value to the reader in exchange for them taking the time to read your piece. “Direct headlines are straightforward and informative in terms of the message they are presenting and the target audience they are directed toward. A direct headline may be used when someone or somewhere is offering a specific benefit, making a promise, or announcing a reason the reader should be interested in the product or service” (George E. Belch, 2014). For example, an ad “LandlordMax – 30% off today only” (8 Types of Headlines that Compel Your Readers to Action, 2009). “An indirect headline is not straightforward about identifying the product or service or getting to the point. However, they are often more effective at attracting readers’ attention and interest because they provoke curiosity and lure readers into the body copy to learn an answer or get an explanation...
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...After watching the tutorials at the end of our lecture, I have found that there are more types of power then I thought of previously. Some of these seem to be effective, while others seem to be less effective. The ones that I find to be the most effective are Referent and Expert powers, I think it is much benefit in a hardworking approach to power, such as with the referent form of power. You can ensure that things get done in an easy and fair manner. Also with the expert form of power, you ensure that you are also on top of the situation, regardless of the surrounding factors, such as people or other stresses. I would like to believe that I have these types of power, but more commonly in my job, I use legitimate power. In most of the time at work I have to be the one to tell all my fellow employees what to do and how to meet our boss demands, therefore meeting our deadline of work is the most important part. Overall I am seen as the authoritative type of management but my boss is more uses of the coercive form of power, which I think is probably the least effective type. It almost makes me want to perform at a lower level when being treated in that way. When he does use this form of power, there are times where I do use some expert power by not responding in a negative way to his coercive attitude. Being aware of these types of power can able to help me identify which types of method I should use when I am the regarding situations, and it also helps me with my leadership skills...
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...which they are day by day setting for their students. The questions of the final examinations should, therefore, be representatives of the types of educational objectives set in the different school subjects. The emphasis upon memory and some of the simpler types suggests a need for a modification in emphasis in most of the school subject. Frequently all questions are considered as belonging to one of two groups, “thought questions” or “memory questions”. Such a definite classification is not, however, always possible. The character of the mental process involved in answering depends upon the person replying as well as upon the form of the question asked. Those questions calling for definite facts are almost certain to be based upon memory; on the other hand, those requiring classification, evaluation, contrast, etc. are likely to demand thought on the part of most students. If, however, such classification or evaluations have been made in a previous class exercise some students may easily remember the answers and, in such a case, a thought question for one student becomes a memory question for another. (Monroe, 1923) Hence, the academic performance of a student mostly depend on his/her evaluation in exam. Students excel on either one of the two types or both. But oftentimes, examinees encounter problems in answering either one of the said types. Competitive/ Objectives exams are very much different than the board exams. As a result success in competitive exams requires a different...
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...Audience Analysis Paper Adrian Perez Business Communication Kelly Parker Audience Analysis Paper In any organization or business, different types of meeting will take place with the organization which will involve different situations. It is critical to prepare for a business meeting especially when it involves stakeholders, your managers, salespeople, and customers. The main key to a successful meeting regardless of what is being presented is communication. How will the message be received? What type of audience will be attending? Is the message effective? All these points are important when preparing for a business meeting. There are different characteristics of the audience to consider when preparing for a meeting. When getting ready for the meeting, identify what kind of audience will attend. There are five different types of audiences to consider. One of them is the gatekeeper, which can stop the message and will not be received by other audiences. The primary audience decides if message will be accepted. The secondary audience can maybe implement ideas after they have been approved. The auxiliary audience will not interact with the message. Last but not least, the watchdog audience has political, social, or economic power, which can base future actions on the message. All these types of audiences are going to influence the message coming across. There are two important tools to realize when dealing with business meetings, common sense...
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...of operating systems, this topic can be extremely important to a customer and designer of said system. Failures in a system can create catastrophic events that are costly in both monetary and emotional aspects. Faults within a system can be different in nature and can continue to wreak havoc on the system or to do nothing in some cases. Failures in distributed and centralized system can be specific in nature; however a generalized topic can describe the majority of these failures across the system. There are four types of failures in distributed systems that can affect functionality; but two of these four specific failures that can affect centralized systems as well. The general failures include: halting type failures, byzantine style failures, omission failures, and failures related to network issues. While all of these are important some of them affect a system more violently than others. The first types of failures to discuss are halting failures. These types of failures can be frustrating in nature since they affect most of the system and do not allow the operator to really investigate without rebooting the entire system. These failures essentially freeze the system without allowing any action to alleviate the issue. There can be many reasons for a halting failure such as hardware or software malfunctions, memory problems, or even viruses. Many of these problems can be solved by updating your system, acquiring memory that can create room to do some of the system work,...
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...Resource | Description | How each resource can be used by the Mayflower Theatre | Buildings and facilities | The location of where a business operates. Every business needs some form of building to work in. It can range from a small office in a web based company to a massive warehouse for a company like Wilton Bradley Ltd. | They have a grade 2 listed building in which the theatre is located. | Materials & Waste | The type of materials depends on what type of business it is. Some businesses choose to help the environment by only having recyclable materials (paper, energy etc.). Waste is what isn’t needed therefore removed from the area. | The materials used by the Mayflower Theatre are things like paper, electricity for lighting and computers etc. These are all used when tickets are bought, profit is counted and throughout the day when the theatre needs lighting. | Plant & Machinery | These are the items used for physical movement in businesses. Anything needed to be moved or removed would be done by a piece of machinery which could be of any size. | The Mayflower Theatre uses things like fork lift trucks to move larger equipment on and off of the stage. They also have electrical testing equipment which are used for safety reasons. | Equipment Including IT | The things used by every business come under the equipment category. Things like pens and computers are all equipment used by businesses. | Computers are in the Mayflower Theatre which are all used daily...
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...learn about the guidelines within a perfectly appropriate paper. Throughout the course I have found out there are many types of essays that are typed for appropriate matters or when it comes to certain points that need to stand out. There is the expository paper which is when you need to explain a theme or an idea to your intended audience and this style has a well-defined thesis. A persuasive essay is when you try to convince the audience or reader on a position you have about a certain topic or point of view. You are trying to persuade the readers and let them know you are correct. Analytical essay is when you analyze and examine a type of product which can consist of a book, poem or even a play or major even that happened. This essay basically explains the topic you want the audience to understand and you state the facts about the topic and inform them about everything you know with proof. Argumentative essays are a type of essay with your own personal opinion, theory and hypothesis about an issue that is correct and more truthful then those around you. This type is similar to a persuasive essay but the difference is that you are arguing your opinion instead of trying to let the audience agree or convert over to your point of view. I feel my writing has drastically improved after learning the types of essays I will be-able to write now. The way I used to type my papers was telling everything...
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...DISCUSSION QUESTION 2 What are the three types of billing schemes? What type of proactive test is used to detect these schemes? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 375 Week 3 Discussion Question 2 in order to ace their studies. ACC 375 WEEK 3 DISCUSSION QUESTION 2 To purchase this visit here: http://www.nerdypupil.com/product-category/acc-375/ Contact us at: nerdypupil@gmail.com ACC 375 WEEK 3 DISCUSSION QUESTION 2 What are the three types of billing schemes? What type of proactive test is used to detect these schemes? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 375 Week 3 Discussion Question 2 in order to ace their studies. ACC 375 WEEK 3 DISCUSSION QUESTION 2 To purchase this visit here: http://www.nerdypupil.com/product-category/acc-375/ Contact us at: nerdypupil@gmail.com ACC 375 WEEK 3 DISCUSSION QUESTION 2 What are the three types of billing schemes? What type of proactive test is used to detect these schemes? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 375 Week 3 Discussion Question 2 in order to ace their studies. ACC 375 WEEK 3 DISCUSSION QUESTION 2 To purchase this visit here: http://www.nerdypupil.com/product-category/acc-375/ Contact us at: nerdypupil@gmail.com ACC 375 WEEK 3 DISCUSSION QUESTION 2 What are the three types of billing schemes? What type of proactive test is used to detect these...
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...developmental stage is the relationship? How did it develop? Explain one factor that led to a short-term relationship and one that led to a long-term relationship. Identify which type of power relationship you have and what types of power are commonly exercised. Explain the importance of attraction and power in the relationship. Identify at least one area in which the relationship may be improved. Develop a strategy to manage this relationship using two or more relationship management skills. Explain how you may use each skill in your strategy to address the challenge and how you may escalate, maintain, or decrease intimacy. Format your paper consistent with APA guidelines. Alternative Option (with instructor approval): Create a 10-to 15-slide Microsoft® PowerPoint® presentation with detailed speaker notes in which you analyze a current or past relationship (personal or professional) and create a strategy for managing it. •Explain the basic facts of the relationship by answering the following questions: •With whom did you have/do you have the relationship? •How long did you know/have you known this person? •At what developmental stage was/is the relationship in? How did it develop? Explain one factor that led to a short-term relationship and one that led to a long-term relationship. Identify which type of power relationship you have and what...
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...highly intelligent but when you think about it I only know what I have been taught. Since I received my GED there were a lot of simple things that I was not taught. I moved a lot as a child and that too was a reason for me being so behind in my classes in school. I ended up taking this one math class for three years straight. -Was the test biased in any way? I do not believe that this test was biased in any way. I think that this test tested me in many aspects of intelligence and my score reflected on that. In order for this test to be biased it would have to persuade me towards a certain point and this test did not do anything like that. -How do you feel about these types of scores being used to compare you with another person? Please explain. I like it when I am compared to other people when taking this type of test. I like competition and when I see my scores against other people I like to come out on top. I am a very competitive person and when I do well I feel accomplished. Doing so also helps me to build my self-esteem and makes me feel like I can do...
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...Business Communication in English Parts I & II TMAENG17R1(E) 2015-2016 Contents 1 Introduction - 3 - 2 Programme - 4 - Programme Block 1 - 4 - Programme Block 2 - 5 - 3. Attendance ……………………………………………………………… ……………...6- 4. Literature ………………………………………………………………………………- 6- 5 Assignments Blocks 1 & 2 - 7 - Block 1: Oral Group Assignment - 7 - Block 2: Oral assignment - 9 - 6. Written Test - 10 - 7. Assessment Blocks 1 & 2 - 11 - 1 Introduction Welcome to the first English courses at TMA. In the next four years you will acquire a lot of knowledge and many skills for your future career. You will learn how to write a marketing plan and how to implement it, how to import and export products from and to Asia and how to do business with people from another culture. In this way you will lay the foundation for a career in international business. One skill you will certainly need in Asia is a good command of business English. These courses will help you acquire the specialised vocabulary that you will need. The words and expressions that you are going to learn are different from the words used in everyday English, so most of them will be new to you. Furthermore, you will develop your reading skills through reading texts in business English. In order to be able to express yourself in proper English you will also spend some time refreshing your knowledge of the English grammar. You will do all kinds of exercises, both in class...
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...7:30-9:00A.M. “MARKETING CONVENTION” On Last Thursday and Friday (September 19 & 20,2013) we had an event which is our 3rd Student Marketing Convention which is held on J Centre Mall Convention Hall. On Thursday, the event was opened by cutting of the ribbon, entrance of colors (from different schools), invocation, opening and production number and lastly the Welcome address by our very own Dean of SBE, USC Dr. Challoner A. Matero. The first speaker was our very own Chairman of SBE, USC Ms. Joyce N. Yang, she discussed the Marketing insights:”IMC playing a vital role in Marketing Communication” and I learned that Integrated marketing communication plays an integral role in communicating brand message to a larger audience, Integrated marketing communication goes a long way in creating brand awareness among customers at a minimal cost, Integrated marketing communication scores over traditional ways of marketing as it focuses on not only winning new customers but also maintaining long term healthy relationship with them and most importantly, Integrated marketing communication saves time which is often lost in figuring out the best marketing tool. The Second speaker was Mr. Bong Osorio, PR Director, ABS-CBN he discussed about “Corporate Communication: The ABS-CBN Way.” And I learned the importance of the corporate communication. The third speaker was Mr. Hans Chua he discuss about “Digital Marketing: Roles that Drive Value...
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