Title: MKT 571 Your World/uophelp.com
1MKT 571 Your World/uophelp.com
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2MKT 571 Your World/uophelp.com
- MKT 571 Final Exam Guide (New)
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- 1. The stage in the new product process
that occurs first and has a pass ratio of 14 is
the ________ stage. - test marketing
- idea screening
- product development
- product soft launch
- 2. If Ming was interested in capturing
distribution metrics for her retail organization,
which of the following might she consider? - Customer complaints
3MKT 571 Your World/uophelp.com
- MKT 571 Final Exam Guide (New)
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- 1. Which component of a marketing audit
includes major developments in income, prices,
savings, and credit that affect the company? - Technological
- Political
- Economic
- Cultural
- 2. Marketers must see themselves as
benefit providers. For example, when a shopper
purchases new shoes, he or she expects the shoes
to cover his or her feet and allow him or her to
walk unobstructed. This is an example of what
level in the consumer-value hierarchy? - Core benefit
- Pure tangible product
4MKT 571 Your World/uophelp.com
- MKT 571 Week 1 Assignment Researching Marketing
Questions - For more course tutorials visit
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- Purpose of Assignment
- This assignment is designed to help students
analyze and interpret primary and/or secondary
data and research. First, students will be
provided with a marketing report that allows for
preparing basic executive level data insights.
Second, they will be allowed to pick a company
and product or service. This assignment will help
prepare students for the development of their
marketing plan. Students will be creating a
marketing plan (refer to Marketing Plan and
Outline document) so they may want to choose a
5MKT 571 Your World/uophelp.com
- MKT 571 Week 1 DQ 1
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- What have been the major marketing trends in the
last decade? - What new marketing trends do you anticipate in
the next 10 years?
6MKT 571 Your World/uophelp.com
- MKT 571 Week 1 DQ 2
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- UOP has been the darling of Wall Street during
the last few years. They offer some of the
highest profit margins of any company in America
today. And UOP has had a fine record of growing
both revenue and profits. They are, by far, the
largest private university in the Country. - From a marketing standpoint what do you think UOP
is doing well? What
7MKT 571 Your World/uophelp.com
- MKT 571 Week 1 Individual Assignment Qualitative
Focus Group Research Discussion Guide (2 Papers) - For more course tutorials visit
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- This Tutorial contains 2 Papers
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- Select a local company and one of its products or
services. - Create a 1,400-word Discussion Guide for your
selected product or service to be used during the
course of a Focus Group that researches your
product or services target market. In your plan,
be sure to do the following - Identify a problem or opportunity that may be
facing that product or service. - Identify a primary target audience for that
product or service in terms that relate to the
audience's demographics, needs, or preferences as
those relate to the product or service, and
behaviors related
8MKT 571 Your World/uophelp.com
- HRM 420 Week 1 Alternative Dispute Resolution
MindMap (1350 Words) - For more course tutorials visit
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- Create a Mind Map using a tool such as Popplet,
Mindmeister, or a Microsoft Word document in
which you do the following - Assess three advantages and three
disadvantages of mediation - Summarize five mediator qualifications
- Determine three advantages and three
disadvantages of
9MKT 571 Your World/uophelp.com
- MKT 571 Week 2 DQ 1
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- This week we are reading about "branding".
- Here is a recent article on the subject.
- Comments please.
- http//www.ksbw.com/money/21467497/detail.html.
10MKT 571 Your World/uophelp.com
- MKT 571 Week 2 DQ 2
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- We are entering a real crowded and mature market
with our CNN product. (Read class case
introduction). Here is a two part DQ. - 1. Describe the overall strategy we should adopt
to maximize our potential for success. - 2. In one sentence write your positioning
statement for the product
11MKT 571 Your World/uophelp.com
- MKT 571 Week 2 Individual Assignment Segmentation
Techniques (2 Papers) - For more course tutorials visit
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- This Tutorial contains 2 Papers
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- Go to the Strategic Business Insights website.
- Take the VALS Survey. Have the results sent to
you by email. The results are sent in a
Microsoft Word document showing your primary and
secondary VALS segments. - Go to the Nielsen website.
- Explore the Nielsen Segmentation Methodology, the
featured and other segments
12MKT 571 Your World/uophelp.com
- MKT 571 Week 2 Team Assignment What Is A
Marketing Plan? (2 Papers) - For more course tutorials visit
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- This Tutorial contains 2 Papers
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- Develop a 1,050-word marketing plan discussion
which includes the following - Discuss what a marketing plan is and is not.
- Examine the elements that should be included in a
marketing plan. - Examine the importance of a marketing plan.
- Discuss how a marketing plan can be applied to a
new product launch.
13MKT 571 Your World/uophelp.com
- MKT 571 Week 3 Assignment Promotion and the
Product Life Cycle - For more course tutorials visit
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- Purpose of Assignment
- All products/services go through a life cycle of
NPI (new product introduction), growth, maturity
and decline. These various stages affect the
marketing strategy and promotional efforts. In
Week 3, you will incorporate a product strategy
that addresses at least 3 areas of the product
life cycle. The primary objective of this
assignment is to allow the student to demonstrate
an understanding of the factors that can affect
the launch of a product or service. A secondary
objective is to understand the differences in a
product launch in the U.S. (domestic market) and
an international market.
14MKT 571 Your World/uophelp.com
- MKT 571 Week 3 DQ 1
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- What do you think are the most important
characteristics/attributes of successful sales
people? Discuss BTW Sales is part of the
marketing function.
15MKT 571 Your World/uophelp.com
- MKT 571 Week 3 DQ 2
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- You are working at Johnson Johnson and one of
your responsibilities is to set prices for new
drugs. The firm has invented a cure for Aids and
is protected by patent. The cost for the one time
injection that cures the disease is 100 and
includes amortization of the development cost
(The 1 billion cost to develop the product is
included in the 100) and the cost raw materials.
Assume that insurance companies currently spend
200,000 to treat an Aids patient. Assume 20 of
the world population is covered by insurance or
socialized medicine. - What price do you charge for the treatment?
Defend your answer. Consider all your
stakeholders. (Including your stock holders) - Hint. You won't find the answer to this hummer in
your text. Also don't
16MKT 571 Your World/uophelp.com
- MKT 571 Week 3 Individual Assignment Career
Connection Customer Relationships and
Satisfaction (2 Papers) - For more course tutorials visit
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- This Tutorial contains 2 Papers
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- You are a marketing manager for a local company
and you are developing a plan to improve customer
relationships and increase satisfaction. - Select one of the following types of local
companies - Florist
17MKT 571 Your World/uophelp.com
- MKT 571 Week 3 Team Assignment New Product Launch
Marketing Plan, Part 1 - For more course tutorials visit
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- Create a 1,400-word Product Launch Plan in a
Microsoft Word document. The Product Launch plan
will be for two countries. Select your home
(domestic) market and another for the
international market. Do not select the U.S. and
Canada, the U.S. and Britain, or Canada and
Britain as your combinations. While the audiences
should have the same need for the product or
service you come up with, they should have
distinctive cultures and habits. - Include the following in the Product Launch Plan
- Define the product or service being offered.
- Describe the product or service offering.
18MKT 571 Your World/uophelp.com
- MKT 571 Week 4 Assignment Price and Channel
Strategy - For more course tutorials visit
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- Purpose of Assignment
- This assignment is designed to help students
analyze and understand how price setting and go
to market (distribution) are interrelated and
affects the profitability and growth of the
business. It has been designed to be a short
overview on purpose the concepts of pricing and
distribution are complex and a general
understanding is what should be absorbed in one
week of study. - Assignment Steps
19MKT 571 Your World/uophelp.com
- MKT 571 Week 4 DQ 1
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- Let's assume that our overall objectives for the
ReCharge bar is to generate 300 million in year
1 sales and capture the 1 market share position
in the U. S market. Describe your Distribution
strategy to allow these lofty goals to be
accomplished.
20MKT 571 Your World/uophelp.com
- MKT 571 Week 4 DQ 2
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- Let's assume that The Recharge Bar has been
wildly successful and we have achieved all our
major objectives in the U. S. market by the end
of year three. Should we consider expanding our
distribution globally? What are some of the major
factors that we need to be aware of and plan for?
In other words, what makes marketing on a global
basis more difficult than simply distributing our
product nationally?
21MKT 571 Your World/uophelp.com
- MKT 571 Week 4 team Assignment New Product Launch
Marketing Plan, Part 2 - For more course tutorials visit
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- Create a 1,400-word Market Segmentation Plan for
the New Product/Service Launch Marketing Plan.
Include the following for both the domestic and
international markets based on the team's
research - Describe the target market (audience) profiles,
key buying behaviors, and decision motivators for
the consumer target market. Note Do not pick
different target markets for the domestic and
international markets. - Detail the steps involved in a new
product/service development. - Discuss the stages of the new product/service
life cycle and how to manage each stage. Include
tactical plans for the 4 Ps at each stage. - Develop a pricing strategy for the new product or
service offering.
22MKT 571 Your World/uophelp.com
- MKT 571 Week 5 Assignment Marketing Communication
and Brand Strategy - For more course tutorials visit
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- Purpose of Assignment
- This assignment is designed to help students
understand the interrelationships between brand
strategy and the communication message to the
target audience. It is a continuation of the
marketing plan and students should review the
Week 3 Learning Team Assignment for assistance in
product brand strategies the team has developed. - Assignment Steps
- Develop a minimum 700-word branding strategy and
marketing communication
23MKT 571 Your World/uophelp.com
- MKT 571 Week 5 Career Connection Integrated
Marketing Communication and Marketing Mix
Client Pitch (Part 1 and Part 2) - For more course tutorials visit
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- Select a current product or service with which
you are familiar. This product will be used to
pitch a new integrated marketing communication
and marketing mix to a client who is the marketer
or producer of the product. - Review the current marketing mix including the
communication channels used. - Part 1
24MKT 571 Your World/uophelp.com
- MKT 571 Week 5 Career Connection Integrated
Marketing Communication and Marketing Mix
Client Pitch (Part 1 Only) - For more course tutorials visit
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- Select a current product or service with which
you are familiar. This product will be used to
pitch a new integrated marketing communication
and marketing mix to a client who is the marketer
or producer of the product. - Review the current marketing mix including the
communication channels used. - Part 1
25MKT 571 Your World/uophelp.com
- MKT 571 Week 5 DQ 1
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- Let's assume our objective for ReCharge is to
deliver 300 million in first year sales and to
capture the 1 market share position in the
category by the end of our first full year of
operation. - (BTW. Setting marketing objectives prior to
developing strategy is real important) - What should our promotional budget be? Why? What
methodology did you
26MKT 571 Your World/uophelp.com
- MKT 571 Week 5 DQ 2
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- Instead you're going to get a chance to get your
creative juices going and to hopefully have some
fun doing it. - Each of you will demonstrate your creative
approach to the ReCharge Bar by developing a TV
commercial, radio spot or magazine ad. You don't
need to get fancy with the graphics. You can
verbally describe what is going on. But write the
actual copy for your ad. - You will need to restate your target audience
and positioning. You won't be able to max out
your points if you forget.
27MKT 571 Your World/uophelp.com
- MKT 571 Week 5 Team Assignment New Product Launch
Marketing Plan, Part 3 - For more course tutorials visit
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- Develop a 1,400-word Communication Plan including
the following - Discuss the marketing communication channels
available for the domestic and international
markets. - Evaluate the merits and drawbacks of the channel
options in relation to the target audience, your
product or service, and the timing of the launch
phase. - Select the communication channel that is best for
marketing your product or service in the domestic
and international markets. - Discuss the reach of each communication channel.
- Cite at least three scholarly sources.
28MKT 571 Your World/uophelp.com
- MKT 571 Week 6 Assignment Social, Ethical, and
Legal Implications - For more course tutorials visit
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- Purpose of Assignment
- The purpose of this assignment is to help
students think through the importance of social,
legal, and ethical issues that may arise with
their product or service and the implications of
decisions made within those frameworks. It is
designed to help the learners understand ethical
and legal issues related to marketing practices.
This knowledge helps to prevent such issues when
developing the marketing strategies in their
marketing plan. The executive overview of the
marketing plan is not a summary
29MKT 571 Your World/uophelp.com
- MKT 571 Week 6 Team Assignment Career Connection
New Product Launch Marketing Plan Final Project - For more course tutorials visit
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- Complete the final phase of your New Product
Launch Marketing Plan. Consider your product
launch to date, reflect on additional learning,
and incorporate feedback to the Learning Team's
Marketing Plan for your new product/service. Once
all previous weeks' sections and the remaining
parts of the Plan are compiled, it should be no
more than 3,500 words. Be sure to include the
following
30MKT 571 Your World/uophelp.com
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