1.CORPORATE:- A Corporate is a type of organization which has legal entity that is separate and distinct from its Owners. Owners have limited liability , meaning they will be liable only to the extent they own shares of the company and their personal assets can not be used to pay off company debts. It has all rights and can enter into all contracts like an individual but only company in its name will honour all contracts . For eg, Relaince Industries.
2. Marketing:- Marketing refers to all activities taken by an organization to promote and sell products or services to customers. Organisations use advertisements and various schemes to try to expand customer base and increase sales in return. Few uses celebrity endorsements for marketing. Organisations have separate team to do marketing and they are given incentives also to encourage them to improve sales. Product, price , place and promotions are four PS of marketing. These PS make a ideal mix which is required by company for marketing.
3. Competitive:- It refers to ability to take up competition from rivals in once field. An Organisation has competitive advantage over others when they are able to produce goods or services more efficiently as compared to others. For eg:- a company which has large scale production will be able to control costs better as compared to small companies because of economies of scale as a result they would be able to sell at low cost as compared to competitors. A company operating in India or China has cheap labour cost advantage as compared to Us company. Ecommerce operator has advantage of level of scale and efficiency and can go any place to sell products as compared to local retailer.
If we take an example of company Reliance Industries, it is a corporate entity having separate legal entity from Mukesh Ambani . Its marketing strategy was to give JIO and mobile date product at a low or no cost ,in return it gained widespread access to whole country. It has competitive advantage because of internet technology setup .
For companies to successfully deliver their corporate social responsibilities in the area of “green marketing strategies?” what should be done?
How can a corporate strategy benefit from incorporating a green marketing perspective? What issues should be considered when incorporating a green marketing perspective? Provide specific examples to support your answers
which of the following is not a characteristic of a perfectly competitve market? a. firms are price takers b. firms are able to sell all of the output that they choose to produce c. individual firms are price setters d. firms produce identical goods
Choose a company and discuss how it communicates with its customers at the corporate, marketing, and marketing communications levels.
Lionel works in the corporate office of a chain of organic supermarkets. The company’s marketing makes clear that one of its core principles is “building better communities by supporting family farms and local agriculture.” This statement represents a(n)
The corporate environment can be a busy one, and Paycentric is no exception. Routinely there are visits from vendors, contractors, partners, marketing firms, and customers all of which typically need some form of internet access. Remember that these devices do not conform to your corporate policies so it's very likely they are at different levels of security. For example if someone from a large financial or auditing company comes onsite they would likely be more locked down then a local...
Define corporate reputation, corporate identity, and corporate image. What constitutes a good corporate reputation and why it is important?
What are the differences in Digital Marketing Strategies for B2B Internet Marketing and Retail Marketing?
What is marketing plan and marketing mix for avocado
3. Suppose a firm competing in a perfectly competitve market uses machines (K) and workers (L) to produce containers of nails. Their production technology is given by q = (K)3 (L)3 . Suppose the firm already has 27 machines, the cost of people is w = $12 and each container of nails sell for P = $12. (a) Set up the firm’s problem. What time frame is being examined here? How many workers does the firm hire? How much does...