o Analyze how the vision, mission, and values guide the organization’s strategic direction. o Evaluate how the organization addresses customer needs and critique how they achieve competitive advantage. BUS 475 - Week 3 - Strategic Plan, Part II: SWOTT Analysis Individual Assignment: Strategic Plan, Part II: SWOTT Analysis Conduct an internal and external environmental analysis for your proposed business. Discuss with your Learning Team the forces and trends below that must be taken into consideration while developing a strategic plan. Given today’s business environment and each Learning Team members’ selected business idea, provide a list of the lessons learned from your Learning Team’s discussion for each of the items listed below.
Marketing Principles and Analysis MKT 305 Winter Quarter 2014-2015 Instructor: Bill Froese Office Location: See Blackboard Office Hours: See Blackboard Phone: 224-616-4789 Email: wfroese@robertmorris.edu Course: MKT 305 Quarter Hours: 4 COURSE DESCRIPTION: This course will introduce students to key marketing principles including the marketing concept, management of the marketing mix (product, price, place and promotion), analysis of the external environment, ethical issues in marketing, segmentation, targeting and positioning. This course examines how organizations discover needs or wants that they can serve in the market place. Upon completion of the course, students should understand and appreciate the significant
o Explain why accurate forecasting is so important to sales enhancement, customer satisfaction, and cost control. o Identify the number of units to purchase for the new distance measurement device based on the economic order quantity. o Identify the number of orders per year that must be made to take advantage of the economic order quantity. Complete information regarding the Inventory Management Challenge activity is found on the student Web page. Submit the deliverable in your Individual
Tick the box of those responsibilities that relate to your role: Teach/train learners – Large groups Teach/train learners – small groups Mark assignments and give feedback Work with learners on a 1:1 basis Register the learner with the awarding body Assess the learner’s work product Observe the learner in situ Mark the work against national standards Make regular appointments to support the learner to achievement Give positive feedback Submit assessed work for formative/summative internal assurance and standardisation Carry out internal quality assurance Attend training meetings and gain feedback Be a positive role model for your learners Tick Task 2 U1 AC 1.1 - Now we have identified some of your roles and responsibilities, explain the teaching role and responsibilities in education and training. (Please attach any additional sheets and supporting evidence.) There are certain responsibilities a teacher has when in the educational environment, this is from the needs of learners to the expectations of an awarding body. A teacher will take into account the needs of an individual alongside the group’s needs. This can be done by pre assessment screening, information can easy obtain from these and help
* The demographics and psychographics of customers in marketing. ( CTU Course Materials – Introduction to Marketing) B. How did participating in discussions help your understanding of the subject matter? Is anything still unclear that could be clarified? Participating in the class discussions helped me to understand a great deal about Marketing and the strategies that are used in marketing.
The ECO 561 business proposal focuses mainly on making the students understand that business proposal refers to identifying and understanding the needs of the customers and the market even before the product is manufactured. The questions are strategically framed to bring out the major theme of the topic. The questions are much broader in scope to cover all the necessary challenges or perspective required to be given excess consideration when operating in the market. For example, the difference between the four types of market – monopolistic, oligopoly, pure monopoly, and perfect competition may be small concepts, but essential that should be primarily known to the students of economics. In addition, the ECO 561 final business proposal is beneficial for the students to learn the application of the numerous economic concepts framed by the constitution with the help of sufficient practical examples.
2. Question: (TCO 1) The first phase of Porter’s recommended process for evaluating the company is: 3. Question: (TCO 2) Change management is the approach to plan, _______, ________, manage, measure, and sustain changes in business processes and work. 4. Question: (TCO 2) According to Porter’s model, which of the following are forces driving industry competition?
Defining Marketing Amber Culwell MKT/421 August 8, 2011 Michael Ricco Defining Marketing Marketing is a topic that has many definitions. Marketing assists consumers to decide on major purchases and every day needs as well. In the information below I will provide several different definitions and meanings of marketing as well as describe the marketing mix of Apple, McDonalds, Wal-Mart and Midland Memorial Hospital. Personally, I define marketing as the processes used to display or advertise a product to be sold. Marketing also can be defined as an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders (Kolton & Keller, 2009).
• Describe the various types of organizational buyers and consumers and the factors that influence their purchasing decisions. Week Three: Marketing Strategy: Product and Price • Describe the relationship between differentiation and position of products or services. • Analyze the impact of the product life cycle on marketing. • Identify the appropriate price strategy that should be used in the development of the strategic marketing plan. Week Four: Marketing Strategy: Place and
o ECO/365 Principles of Microeconomics Learning Team Weekly Reflection There were many objectives in week four that related to each of the team member’s personal experiences within our field. Analyzing the effects of externalities on market outcomes and the differences between horizontal, vertical, and conglomerate mergers has allowed us to understand how the market really works and how we and our employers fit into the grand scheme of things. This week, it was also important using critical thinking to analyze what the government actually does and whom it impacts when they decide to intervene in certain areas. 4.1 Analyze the effect of externalities on market outcomes. In understanding externalities, the team was able to understand the positive and negative impacts associated with externalities.