Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You have applied for the role of Market Researcher at ABC Dairies Ltd., a leading company from dairy products industry established around 40 years

  

You have applied for the role of Market Researcher at ABC Dairies Ltd., a leading company from dairy products industry established around 40 years ago with annual turnover (2020-21) US$ 5.2 billion in India. It's milk procurement is 23.4 million litres/day from 1855 milk co-operative societies, 19 member unions which cover 41 districts and 3.62 million milk producing members. The company operates via 72 sales offices, dealer network of 1100 and has 10,00,000 retailers. Products of the company are milk, curd, butter, flavored milk, butter milk, lassi, dairy whitener, ghee, ice cream, chocolate, cheese, pizza cheese, paneer, health beverages and traditional Indian sweets. As part of the recruitment process you are required to present various concepts of Marketing and the role of Marketing in the company. Apart from that you will have to explore how Marketing interrelates with other functions of the company. There will be 30 minutes' presentation as part of interview and your selection process is completely based on this interview, your presentation should cover the following: gathering information on competitors in order to conduct analysis on their sales, prices and methods of distribution and marketing to thoroughly learn about the competition conducting research on marketing strategies and consumer opinions tracking and forecasting trends in sales and marketing, producing reports on the results for management to inform their decision making collecting and analyzing data on customer preferences, demographics, buying habits and needs, to better identify market potential and the factors that influence product demand .

Step by Step Solution

3.38 Rating (154 Votes )

There are 3 Steps involved in it

Step: 1

Answer To effectively present various concepts of marketing and the role of marketing in ABC Dairies Ltd lets cover the required points according to the pass merit and distinction criteria outlined in ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Financial Management

Authors: Eugene F. Brigham, Joel F. Houston

15th edition

1337671002, 978-1337395250

More Books

Students also viewed these General Management questions

Question

Refer to problem 11-1. What is the projects IRR?

Answered: 1 week ago