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Market Orientation: The Construct, Research Propositions
Market Orientation: The Construct, Research Propositions

... may not be simple. In some cases, businesses may have consumers (i.e., end users of products and services) as well as clients (i.e., organizations that may dictate or infiuence the choices or end users). For example, executives of several packaged goods companies indicated that it is critical for th ...
Redalyc.Organizational structures within the scope of strategic
Redalyc.Organizational structures within the scope of strategic

Competitive Advantage
Competitive Advantage

... lower-level marketing managers so that marketing efforts are integrated and pointed in a consistent direction. Objectives also serve as motivators by creating something for employees to strive for. When objectives are attainable and challenging, they motivate those charged with achieving the objecti ...
Internal Marketing to Achieve Competitive Advantage
Internal Marketing to Achieve Competitive Advantage

... Although their competitors may copy their products and services, companies have found that they may nonetheless maintain competitive advantage by creating difficult-to – duplicate relationships between their employees and their customers (Stershic, 2001, p.42). Although advances in technology have e ...
What is Smart Manufacturing?
What is Smart Manufacturing?

... en years from now, the global manufacturing sector will look nothing like it does today. Advanced manufacturing technology is rapidly transforming the global competitive landscape. The companies — and nations — that act now to seize its promise will thrive in the 21st century. Those who are devoted ...
Organizational Structures within the Scope of Strategic
Organizational Structures within the Scope of Strategic

... in limited markets, and intangible barriers related to historical circumstances and social complexity), or advantages resulting from quick changes (learning curves, network externalities, the brand’s reputation when consumers are not sure about the product’s quality, etc.) Prahalad (2004) defends th ...
Kotler_POM13e_Instructor_CRS_18
Kotler_POM13e_Instructor_CRS_18

... Competitive Strategies Competitive Positions Market leader is the firm with the largest market share and leads the market price changes, product innovations, distribution coverage, and ...
Kotler_POM13e_Instructor_CRS_18
Kotler_POM13e_Instructor_CRS_18

... Competitive Strategies Competitive Positions Market leader is the firm with the largest market share and leads the market price changes, product innovations, distribution coverage, and ...
Does marketing success lead to market success?
Does marketing success lead to market success?

... because many competences cannot be explicitly articulated, they are “learned by doing” (Polanyi, 1966). Furthermore, ...
CHAPTER 2 Strategic Planning
CHAPTER 2 Strategic Planning

... market penetration, product development, market development, and diversification. In selecting a strategic alternative, managers may use a portfolio matrix, which classifies strategic business units as stars, cash cows, problem children, or dogs, depending on their present or projected growth and ma ...
CHAPTER 2 Strategic Planning for Competitive Advantage
CHAPTER 2 Strategic Planning for Competitive Advantage

... A competitive advantage is a set of unique features of a company and its products that are perceived by the target market as significant and superior to the competition. There are three types of competitive advantages: cost, product/-service differentiation, and niche strategies. Sources of cost com ...
CHAPTER 2 Strategic Planning
CHAPTER 2 Strategic Planning

... In most cases, group activities should be completed after some chapter content has been covered, probably in the second or third session of the chapter coverage. (See the “Lesson Plan for Lecture” above.) For the “Class Activity: Marketing Strategy Analysis, ” divide the class into small groups of f ...
Business Intelligence and Cognos
Business Intelligence and Cognos

... The BI functions and activities that address these questions are queries and reports, dashboards, and analysis. Other BI functions support these applications by sharing reports with others, structuring data into discreet parcels, and creating interactive graphic representations of data. Queries and ...
introduction to strategic marketing decisions
introduction to strategic marketing decisions

... competitive game has become harder to win. The performance of a company is determined by not only its own actions but also the actions and reactions of competitors, customers, governments and other stakeholders. As the environment becomes more complex, these have become much harder to predict and mo ...
CHAPTER 2 Strategic Planning
CHAPTER 2 Strategic Planning

... tangible goods, ideas, or services. Place (distribution) strategies are concerned with making products available when and where customers want them. Promotion includes advertising, public relations, sales promotion, and personal selling. Price is what a buyer must give up to obtain a product and is ...
Market orientation, marketing capabilities, and firm performance
Market orientation, marketing capabilities, and firm performance

... findings provide new insights regarding the process by which MO is connected with firm performance and indicate that an MO requires complementary organizational capabilities if its value to the firm is to be fully realized. Second, we identify how both ...
1 Understand the importance of strategic planning
1 Understand the importance of strategic planning

... The firm’s mission statement establishes boundaries for all subsequent decisions, objectives, and strategies. A mission statement should focus on the market(s) the organization is attempting to serve rather than on the good or service offered. ...
Case Study Analysis and Research
Case Study Analysis and Research

... A company's core competency are things that a firm can (also) do well and that meet the following three conditions specified by Hamel and Prahalad (1990). 1.It provides customer benefits, ...
CHAPTER 2 Strategic Planning
CHAPTER 2 Strategic Planning

... The firm’s mission statement establishes boundaries for all subsequent decisions, objectives, and strategies. A mission statement should focus on the market(s) the organization is attempting to serve rather than on the good or service offered. ...
Marketing Challenges of Satisfying Consumers Changing
Marketing Challenges of Satisfying Consumers Changing

... Understanding customers changing expectations is critical for a firm’s superior performance and long term success in today’s highly competitive business environment. Customer expectations have been consistently acknowledged in the literature as the basis on which product/service quality and customer ...
CHAPTER 2 Strategic Planning
CHAPTER 2 Strategic Planning

... The firm’s mission statement establishes boundaries for all subsequent decisions, objectives, and strategies. A mission statement should focus on the market(s) the organization is attempting to serve rather than on the good or service offered. ...
Unit-1: Understanding Marketing Management
Unit-1: Understanding Marketing Management

... Q. 3 What are macro and micro external and external and external environmental forces which the marketers need to identify and respond? Also describe the steps involved in an effective marketing research process. ...
CHAP 12 HM : BUSINESS SEGMENTATION
CHAP 12 HM : BUSINESS SEGMENTATION

... multidimensional representation of the organizational purpose. It’s help to selected as focuses of organization attention Business segmentation requires continuous redefinition and adjusments to align the business definition with the permanent transformation in today’s rapidly changing environment. ...
MARKETING INTELLIGENCE AS A STRATEGIC TOOL FOR
MARKETING INTELLIGENCE AS A STRATEGIC TOOL FOR

... What kinds of people buy our product? What do they value? What do the buy? What kind of new product would they like to see in the market? Why the sudden change in consumers buying patterns? What if our competitors are attracting more consumers and why? What would be the effect of changes in the pric ...
CHAPTER 2 Strategic Planning for Competitive Advantage
CHAPTER 2 Strategic Planning for Competitive Advantage

... The firm’s mission statement establishes boundaries for all subsequent decisions, objectives, and strategies. A mission statement should focus on the market(s) the organization is attempting to serve rather than on the good or service offered. ...
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Competitive intelligence

Competitive intelligence is the action of defining, gathering, analyzing, and distributing intelligence about products, customers, competitors, and any aspect of the environment needed to support executives and managers making strategic decisions for an organization.Competitive intelligence essentially means understanding and learning what's happening in the world outside your business so one can be as competitive as possible. It means learning as much as possible—as soon as possible—about one's industry in general, one's competitors, or even one's county's particular zoning rules. In short, it empowers you to anticipate and face challenges head on.Key points of this definition: Competitive intelligence is an ethical and legal business practice, as opposed to industrial espionage, which is illegal. The focus is on the external business environment There is a process involved in gathering information, converting it into intelligence and then utilizing this in business decision making. Some CI professionals erroneously emphasize that if the intelligence gathered is not usable, or actionable, then it is not intelligence.A more focused definition of CI regards it as the organizational function responsible for the early identification of risks and opportunities in the market before they become obvious. Experts also call this process the early signal analysis. This definition focuses attention on the difference between dissemination of widely available factual information (such as market statistics, financial reports, newspaper clippings) performed by functions such as libraries and information centers, and competitive intelligence which is a perspective on developments and events aimed at yielding a competitive edge.The term CI is often viewed as synonymous with competitor analysis, but competitive intelligence is more than analyzing competitors—it is about making the organization more competitive relative to its entire environment and stakeholders: customers, competitors, distributors, technologies, and macroeconomic data.
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