the Ansoff matrix; it is a type of strategic direction whereby a company decides to take a new product into a new market. There are two types of diversification; related and unrelated. Related diversification is the process of developing further than their original products and markets whilst keeping within the organisation’s strengths. Unrelated diversification however, allows the organisation to step out of its capabilities comfort zone to develop new products for a completely new market.
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ISEG – MBA PROGRAM | | COURSE : STRATEGIC MARKETING | | | | MAUD KAYAT – 2C | TABLE OF CONTENTS INTRODUCTION 3 1. The Ansoff Matrix 4 2. PEST Analysis of China 5 2.1 Political 5 2.2 Economical 5 2.3 Social 5 2.4Technological 6 3. The 3 V’s Business Model 6 3.1 Valued Customers – Who to serve ? 6 3.2 Value Proposition – What to offer? 6 3.3 Value Network – How to deliver? 7 4. Marketing Mix 7 4.1 Product 7 4.2 Price 9 4.3 Promotion
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P1) Describe how marketing techniques are used to market products in two organisations. Marketing is the process of meeting the necessities and wants of customers. Most businesses today are having rivalry towards generating the most profits as there are a lot of competitors in the business world. Marketing techniques are one of the ways that a business would do to increase its productivity and sales. Starbucks and Nintendo are two different businesses and I will be evaluating about the marketing
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economists’ point of view in a competitive market, there will be atleast 3-4 competitors of equal caliber and market share would not be more than 35% for a given company. In theory there has to be numerous competitors for a perfectly competitive market. Case: ONGC India – In search of new growth strategy ONGC has gone for vertical integration during Mr. Raha’s tenure. Mr. Sharma has to decide whether to continue with the same or differ. Pros: 1. The bullish market earned lot of fortune. The earned
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papers. Contents Segment map Segment map 4 5 Segment concepts Module 1: An introduction to strategy and leadership Module 2: Understanding the external environment Module 3: Understanding the internal environment Module 4: Product and market development Module 5: Making strategic choices Module 6: Leading and implementing strategy 6 7 8 10 11 12 13 Segment map SEGMENT MAP AND CONCEPTS Segment map The following diagram shows how the study materials in Global Strategy and
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dominance of the aerospace industry. Airbus has progressed over the years from a ‘Question Mark’ to that of a ‘Star’ (Boston Consultant Group’s Growth-Share matrix). By adopting strategies based on the Ansoff grid, Airbus has broken through Boeing’s market domination, growing 5-10% p.a. and achieving 25% market share in 1980. As of 2010 Airbus’ market share was 52% based on net orders, in a duopolistic competition with its other major rival, Boeing. Airbus has adopted a differentiation strategy in
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Financing Life Cycle – Economies of Scale – Elasticity – Sales Cycles – Market Potential – Portfolio Matrix – Product Model – Four P’s – Push/Pull Strategy – Marketing Mix – PDCA Cycle – SWOT – Value Chain – Ansoff Matrix – BCG Matrix – 7-S Model – Core Competencies – GE Business Screen – Nine Cell Industry – Risk/Reward Diagram – Porter’s Five Forces – Industry Competition – Generic Strategies – Geobusiness Model – Porter’s Diamond – Matrix Design – PIMS – Leavitt’s Diamond – Belbin’s Team Roles – Theory
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sustainable competitive advantage. Marketing strategy includes all basic and long-term activities in the field of marketing that deal with the analysis of the strategic initial situation of a company and the formulation, evaluation and selection of market-oriented strategies and therefore contributes to the goals of the company and its marketing objectives. Effective marketing starts with a considered, well-informed marketing strategy. A good marketing strategy helps organization define vision, mission
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affordable iconic British car, now it has become a cool luxury car dominantly for a young segment. Its international marketing strategy is differentiated in a way that a brand is built up on the historical iconic image of Mini for the UK and associated market. The business strategy of the mini is based on having a powerful brand image. This strategy forms the foundation of the success of the mini Group. Mini believes in maintain core values as technology, innovation, performance, quality, reliability,
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M2 – Compare the challenges to selected business activities within a selected organisation, in two different economic environments GROWTH STRATEGIES What is economic growth? "Economic growth is an increase in the output that an economy produces over a period of time, the minimum being two consecutive quarters." (www.economicsonline.co.uk) This could be measured by Gross Domestic Product (GDP) or Gross National Product (GNP) Some reasons for economic growth can include: Investment in
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