100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Summary

Samenvatting Management and Marketing (BMO-24306) Concise summary

Rating
-
Sold
-
Pages
35
Uploaded on
19-12-2022
Written in
2022/2023

The summary consist of content of all lectures and the two course books: - Robbins, S.P., Coulter, M. & DeCenzo, D.A. (2017) Fundamentals of Management, ISBN 7329 - Philip Kotler and Kevin Lane Keller (2022). Marketing Management. Global edition, ISBN 262

Show more Read less
Institution
Course











Whoops! We can’t load your doc right now. Try again or contact support.

Connected book

Written for

Institution
Study
Course

Document information

Summarized whole book?
Yes
Uploaded on
December 19, 2022
Number of pages
35
Written in
2022/2023
Type
Summary

Subjects

Content preview

Sv Management & Marketing

Marketing




Value delivery process




Lecture 1 Introduction to marketing
Marketing concept: Being more competitive than competitors in creating, delivering and
communicating best customer value to your target markets. Fulfil commands.
5 marketing concepts:
- Production concept: producing more, mass distribution
- Technology concept: focus on innovative technology (development of iphone)
- Sales concept: pricing. Ceiling quantity not quality.

, - Marketing concept: places the customer central, making them happy
- Market-value concept: creating value within the market (little of everything)




Internal: hiring, training and motivating employees
Performance: how can you measure performance? social and financial responsibility

Business plan

,Marketing terms:
- Needs: basic human requirement
- Wants: needs directed towards specific objects that might satisfy the need (I want this
particular food)
- Demands: wants for specific products backed by an ability to pay
- Marketing environment:
macro environment = demographic/economic, policital/legal, social/cultural,
technological.
Micro = suppliers, publics, competitors, marketing intermediaries




Tactics; Marketing mix to be successful: product, service, brand, , price, incentives,
communication, distribution

The new market realities can be divided into three main categories:
- The market forces that shape the relationship among the different market entities
- The market outcomes that stem from the interplay of these forces

, - he emergence of holistic makreting as an essential approach to succeeding in the
rapidly evolving market

The marketing environment consists of the task environment and the broad environment

Lecture 2 Marketing information




Planning activities (4)
1. Define the corporate mission. Mission statement, finding your value.
2. Build corporate culture. (key to market success). Shared experiences, stories, beliefs and
norms that characterize an organization.
3. Establish Strategic Business Units (SBUs): single business of related business. Every
SBU is planned separately. Has its own set of competitors. Has a manager responsible for
strategic planning and profitability.
4. Assess growth opportunities.
- Intensive growth: improving existing businesses.
- Integrative growth: vertical/horizontal integration within the industry.
- Diversification growth: outside the present businesses/industries.
Ansoff’s product-market growth matrix.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
dejongeiris Wageningen University
Follow You need to be logged in order to follow users or courses
Sold
19
Member since
6 year
Number of followers
13
Documents
15
Last sold
1 year ago

4.7

3 reviews

5
2
4
1
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions