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Summary Developing and Managing Products

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A brief summary on chapter 9's Developing and managing products

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No
Which chapters are summarized?
Chapter 9
Uploaded on
August 8, 2021
Number of pages
4
Written in
2021/2022
Type
Summary

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STUDY NOTES
Week 9 – study unit 9 – the strategic marketing plan


1. Introduction: this study unit provides an overview of the strategic marketing management
process. It looks at the organisations mission, goals, identifying opportunities, formulating
product market strategies, budgeting and controlling the marketing effort.

2. Outcomes:

 Critically apply the concept of strategy, strategy development and strategic
management
 Demonstrate the need for and importance of competitive and comparative strategies
 Explain and interpret the mission statement
 Analyse and interpret the results of an assessment of opportunities and threats in the
external environment
 Analyse and interpret the results of an assessment of the internal environment
 Explain the importance of culture in strategy development and its implementation




3. Notes:
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