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Market Planning
(Situation Analysis),(Marketing Objectives),(Marketing Strategy),(Marketing Mix - 4Ps)(Budgeting & Implementation)(Control & Evaluation)
Strategic Planning
the process of developing and maintaining a strategic fit between the organization's goals and capabilities and its changing marketing opportunities
step in strategic planning
defining the company mission. setting company objectives and goals, designing the business porfolio,planning marketing and other functional stategies
Mission Statement
a statement of the organization's purpose - what it wants to accomplish in the larger environment
Setting Company Objectives and Goals
business and marketing objectives
Business objectives
build profitable customer relationships, invest in research, improve profits
Marketing Objectives
increase market share, create local partnerships, increase promotion
Business Portfolio
the collection of businesses and products that make up the company
porfolio analysis
the process by which management evaluates the products and businesses that make up the company
strategic business unit
can be a company division, a product line within a division, or sometimes a single product or brand
SBU (strategic business unit)
a division, product line, or other profit center within the parent company
star
in the portfolio matrix, a business unit that is a fast-growing market leader
question mark
a company with a small share of a fast-growing market
cash cow
a company with a large share of a slow-growing market
dog
in the portfolio matrix, a business unit that has low growth potential and a small market share
market penetration
existing products, existing markets
product development
existing markets, new products
market development
new markets, existing products
Diversification
new product, new market
Downsizing
Khi một công ty phải cắt giảm (prune), khai thác tối đa (harvest), hoặc thoái vốn (divest) các hoạt động kinh doanh không có lợi nhuận hoặc không còn phù hợp với chiến lược
Value Chain
the series of internal departments that carry out value-creating activities to design, produce, market, deliver, and support a firm's products
value delivery network
made up of the company, suppliers, distributors, and ultimately customers who partner with each other to improve performance of the entire system
market positioning
Arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers
Differentiation
actually differentiating the market offering to create superior customer value( tạo ra những giá trị khác biệt so với đối thủ)
Marketing Implementation
turning marketing strategies and plans into marketing actions to accomplish strategic marketing objectives
net return
The return of a security after fees and expenses are paid
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