Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

YOU HAVE TO ANSWER ALL QUESTIONS Question 1 (50 marks) Explain the concept of marketing. Is marketing just about 'selling' or 'advertising'? Explain. What


 


 

 

   

YOU HAVE TO ANSWER ALL QUESTIONS Question 1 (50 marks) Explain the concept of marketing. Is marketing just about 'selling' or 'advertising'? Explain. What are the implications of applying marketing in non-profit organizations such as public sector (state) organisations or charities? Support your answer with relevant examples. Question 2 (50 marks) To help non-profit organizations and managers make decisions about product offerings, Sargeant (2009) has proposed a non-profit analysis matrix (NAM). Based on B629 course material, explain the difference between "external attractiveness" and "internal appropriateness" in a NAM. To what extent is the concept of non-profit analysis matrix (NAM) useful to managers in public or non-profit organizations? Support your answer with relevant examples. EGY END OF EXAM Question 1 (50 marks) Define targeting, and explain both "focused targeting" and "customised targeting". In your opinion, how appropriate is customised targeting for marketing in the non-profit sector. Support your answer with relevant examples. Question 2 (50 marks) Organizations use a variety of price strategies. Discuss these price strategies, using examples to support your answer. KOLEGYPT END OF EXAM

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Question 1 Marketing is much more than just selling or advertising its a holistic process of identifying satisfying and retaining customers needs and wants profitably It involves understanding consume... 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

Research Methods For Business Students

Authors: Mark Saunders, Philip Lewis, Adrian Thornhill

8th Edition

1292208783, 978-1292208787

More Books

Students also viewed these Marketing questions

Question

Why do the requirements drift once a project is under way?

Answered: 1 week ago

Question

Explain the difference between design and operational decisions.

Answered: 1 week ago