Title: | 4: Marketing Principles | Unit Code: | F/601/0556 |
In Class Assessment | Learning Outcome L02: Be able to use the concepts of segmentation, targeting and positioning |
Student Name: | |
2.1: Show macro and micro environmental factors which influence marketing decisions...
MICRO AND MACRO MARKETING ENVIRONMENT
Refers to the internal controllable factors or forces which affects the ability of a company to serve its customers. e.g. the organization, the market, the suppliers, market intermediaries and the marketing mix. The micro marketing...
Remove either value and success becomes impossible. Business environment consist of all those factors that have a bearing on the business. The term 'business environment implies those external forces, factors and institutions that are beyond the control of individual business organisations and their management...
questions page 82
1. Marketing is the process by which a firm tries to identify, anticipate and satisfy customers’ needs and wants and meet its own objectives at the same time.
2. A marketing objective is the target or targets set for the marketing function.
3. An example of a marketing objective for BP...
MARKET PROCESS in
Explanation is the macro and micro environmental factors which influence marketing decisions in Sainsbury
Macro environmental in Sainsbury
Macro miens a large process is a recorded set of instructions. It used to repeat a series of commonly...
A Report on Marketing Environment parameters affecting Honda Insight’s inroads into the Hybrid Car Market.
As per Kotler, the marketing environment can be defined as ‘The actors and forces outside marketing that affect marketing management’s ability to develop and maintain successful...
Slide 1 – Macro Environment – The macro environment deals with companies outside environment yet still effects how it serves its customers. Concerning factors like culture, demographics, economic, natural, political, and technological.
Slide 2 - Micro Environment – This means what is...
characteristics of marketing oriented organisation 1
Types of organizations: 1
Product Oriented organizations: 1
Characteristics of marketing oriented organisation: 1
Explain the various elements of the marketing concept with reference to the Ikea’s marketing activities. 2
5 Cs of Marketing 2
4Ps of marketing...
The aim of this lecture is:
• To describe important role of Marketing Environment.
• To differentiate between Macro and Micro Environments.
• To assess the impact of Marketing Environment on Marketing Practices.
• To describe various method/Model of Marketing Environment...
Table of contents
According to the european...
selection; macro and micro segmentation; bases for segmenting markets, (geographic, demographic, psychographic Buyer behaviour: dimensions of buyer behaviour; environmental influences; personal variables – demographic, sociological, psychological – motivation, perception and learning; social factors; physiological...
Macro and micro environments both fall into the categories of environmental scanning. The general scope of environmental scanning is that it is a component of global environmental analysis. While analyses are typically carried out on the macro environment, the micro environment still has an important...
The Marketing Environment
The actors and forces outside marketing that affect marketing management ability to build and maintain successful relationship with target customers.
The environment continues to change rapidly and both customers and marketer’s wonder what the future will bring is called marketing...
Microenvironment: Micro-environmental factors such as customers are essential in determining the success of marketing especially when the needs of the clients are satisfied. Similarly, the contribution of employees to the company is fundamental in production of high quality products which are highly marketable...
1.1: Define marketing and explain the elements of the marketing process.
The management process through which goods and services move from concept to the customers.
It includes the coordination of four elements called the 4 P’s of marketing:
Identification, selection and development of a Product...
| Identify the key actors and forces in the company’s marketing environment that affect its ability to serve its target customers effectively.The marketing environment can be defined as everything that surrounds an organization’s environment and can affect its operation.The business environment consists...
Task 1 – Understand the concept and process of marketing
1a) Following are the elements of the marketing process
* Marketing strategy : Targeting
* Marketing strategy : Segmentation
* Marketing strategy : Positioning
* Marketing strategy : Targeting...
Various elements of the marketing process
PEST analysis is very important that the society considers its environment before beginning the market process and in fact the environmental analysis should be continuous and feed all aspects of planning.
The Company was founded by Stelios Haji-loannou in 1995...
Date Returned: …………………….
Programme | Master of Business Administration |
Module Name | Marketing Management |
Surname | Mans |
First Name/s | Billy |
Student Number | MBA2130031F |
Date Submitted | 02 September 2013 |
Postal Address | 30...
Micro-environment consists of the factors or elements in an organisation's immediate area of operations that affect its performance and decision making freedom. These factors affect its ability to serve its customers, company, suppliers, marketing intermediaries, customer markets,...
reduction in the growth of sales, a downturn in economic conditions definitely not in support of the company’s furniture core business, another key factor in the slowdown is perhaps a lack of strategic direction. As a report reveals that decline in sales, increasing operation cost, high labor turnover...
interest these new youth markets?
Compare and contrast the micro- and macro-environmental forces that can influence the marketing strategies for these products and services.
Will marketers in these countries use similar marketing strategies to influence this group or will their strategies be different from...
BUS 330 Entire Course
For more course tutorials visit
BUS 330 Week 1 DQ 1 Role of the Marketing Function
BUS 330 Week 1 DQ 2 Products and Services
BUS 330 Week 2 DQ 1 Product Life Cycle
BUS 330 Week 2 DQ 2 Product Usage Categories
BUS 330 Week 3 DQ 1 Customer Relationship...
• Before we start with marketing environment it is important to know what a market is and how can marketing be defined as.
• A market is any structure that allows buyers and sellers to exchange any type of goods, services and information...
Submission date : 30th Aug 2013. TOPIC : Understanding the concept of marketing environment, marketing mix and importance of marketing oriented organization.
Assignment Briefing PCM III – 2013 76th Intake 23rd Year
By : Mahesh Fernando MBA (ECU)AUS PG. Dip in Mkt. SL CPM Asia (AMF) MSLIM
External factors are beyond the control of a firm, its success depends to a large extent on its adaptability to the environment.
The external marketing environment consists of :
a) Macro environment, and
b) Micro environment
a) Micro environment: The environmental factors that are in its proximity...
Programme: BTEC Higher National Diploma (HND) in Business Marketing
Unit Title and Number: Marketing Principles (Unit 4)
QFC Level: 4
Unit Code: F/601/0556
Credit value: 15 credits
do marketing tactics. In order for organizations to stay in business, it is important to make sure that they are appealing to every age, sex, and ethnic origin, especially youth markets. This paper will concentrate on what products and services interest these youth markets, what micro and macro environmental...
firm, the environmental factors may be classified into different levels or types. There are broadly two types of environment, the internal environment, i.e. factors internal to the firm and the external environment i.e. factors external to the firm which have relevance to it.
The internal factors are generally...
ASSIGNMENT 2 FRONT SHEET
BTEC Level 5 HND Diploma in Business
Unit number and title
Unit 4: Marketing Principles
I certify that the work submitted for this assignment is my own and research sources...