Sunday, May 17, 2020
Marketing Plan for Pampers - 6581 Words
Marketing Plan: Pampers Swaddlers Marketing Plan: Pampers Swaddlers Mary Beth Leslie EKU University Marketing Plan for Pampers Swaddlers The #1 product in market share and sales in the United States in the diaper industry is Pampers, a product owned by Procter amp; Gamble (Pamp;G). The introduction of disposable diapers may be one of the best examples of the impact on a market when there is dissatisfaction with the status quo. Pampers Diapers were born in 1956 when Vic Mills, a Pamp;G researcher, disliked changing the cloth diapers of his newborn grandchild. So he assigned fellow researchers in Pamp;Gââ¬â¢s Exploratory Division in Miami, Ohio to look into the practicality of making a better disposable diaper. At the time, disposableâ⬠¦show more contentâ⬠¦Business Analysis: Pamp;G Pamp;G Vision: Be, and be recognized as, the best consumer products and services company in the world. Pamp;Gââ¬â¢s Promise: Three million times a day, Pamp;G brands touch the lives of people around the world. And Pamp;G people work to make sure those brands live up to their promise to make everyday life just a little bit better, now and for generations to come. Pamp;Gââ¬â¢s Mission Statement: We will provide branded products and services of superior quality and value that improve the lives of the worldââ¬â¢s consumers, now and for generations to come. As a result, consumers will reward us with leadership sales, profit and value creation, allowing our people, our shareholders and the communities in which we live to work and prosper. Our purpose works to unify us in a common cause and growth strategy. It is powerful because it promotes a single idea to improve the lives of the worldââ¬â¢s consumers every day. Pamp;G grows by touching and improving more consumersââ¬â¢ lives in more parts of the worldâ⬠¦more completely. While this statement defines our commercial opportunity, our culture reflects the broader opportunity of improving lives through and beyond our branded products and services. At Pamp;G, we touch lives in small but meaningful ways. Billions of them. Everyday. Pamp;Gââ¬â¢s company strategy is focused on strategies that they believe are right for the long term health of the company and will deliverShow MoreRelatedBradley Associates : Marketing Strategy For Your Company Essay1165 Words à |à 5 Pagesopportunities for clients. We help companies plan and implement successful strategic marketing programs that are on-target and resonate with new international audiences. We provide clients with deeper insight into customers across countries with their needs across multiple demographic segments. Bradley and Associates then works with seeking companies to develop innovative marketing campaigns that will make a home country brand successful in another. Our marketing strategy for your company includes: ââ" Read MoreThe Demographics Of The U.s. Essay1294 Words à |à 6 Pagesanytime soon. With that being said, it does not mean that products like soaps, shampoos, etc. do not need to evolve with the changing desires of our country. They too must also add variety into their product mix, as well as change their methods of marketing to keep up with the times. Letââ¬â¢s now take a look at some demographic trends that will impact how companies market in the U.S. for the years to come. Hispanic Population Growth Hispanics are the fastest growing ethnic/racial group in America. In 2014Read MoreDrypers Corporation Essay1021 Words à |à 5 Pagesretail channel. 3) Move from promotion-driven sales to brand-driven sales. Is there any secondary concerns? 10 million dollars is huge amount expenditure, so short- and long- term sales and brand-building effect and profit impact are parts of the plan for 1998. 2. Situation analysis Company background Drypers Corporation is a producer and marketer of premium- quality, valued- priced disposable baby diapers and training pants sold under the Drypers brand name in the United States and under theRead MoreBusiness Analysis : Marketing Strategy956 Words à |à 4 PagesCOURSE: Diploma of Business Enterprise UNIT OF STUDY: Marketing ASSESSMENT TYPE: Individual Assignment ASSESSMENT TITLE: PART 2 Student id: 4496643 Student name: Harjot Kaur Sahota Teacher name: Rocco Gargano Table of contents: Executive summaryâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.. Marketing objectivesâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. Target marketingâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦... Proposed marketing strategyâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.. Marketing budgetâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.. Conclusionâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.. Executive summary: The blush hair and beauty studio (salon) is located in RingwoodRead MoreNew Product Development6942 Words à |à 28 Pagesevaluation 5 Internal Approach 5 External Approach 6 What did the PG at this stage? 6 BUSINESS ANALYSIS 8 What did PG at this stage? 9 Product development 10 What did PG at this stage? 12 Market Tests 14 Test Marketing 15 Simulated Test Markets 16 When Test Markets donââ¬â¢t work 16 What did PG at this stage? 17 Commercialization 19 Increasing the Success Rate of New Products 20 The Risks and Uncertainties of the Commercialization Stage 21 Read MoreAldi in Australia 31474 Words à |à 6 Pagesbrand manufacturers. Aldi focuses on its own brands to remain independent, enabling it to avoid the high marketing costs often associated with national brands and to set its own price, product and quality policies. Minimising costs at all levels in the value chain is the key to Aldiââ¬â¢s business strategy. Marketing is another area where Aldi saves costs. Aldi has no marketing department and its marketing budget is about 0.3 percent of the total revenue. Advertising is minimal, relying on catalogues, localRead MoreSephora Essay767 Words à |à 4 Pagespowerful combination of unparalleled brand and product assortment, distinctive store design and the beauty expertise of its sales consultants. Sephora is investigating marketing options to increase overall revenue with minimal cost to the company. This proposal consists of a marketing research plan conducted by the marketing group Maguires Misfits to determine the addition of Sephora Baby to include a wide range of juvenile skin care products. Today, parents are continually faced with theRead MoreMarketing : A New Strategic Vision1200 Words à |à 5 Pagesand consequences. Now, marketing has many more functions that must be met before starting the production process; between them, include market research and design, development and testing of the final product. Marketing focuses mainly on analyzing consumer tastes, aims to establish your needs and desires and influence their behaviour to wanting to acquire existing assets, so that different techniques to persuade consumers to purchase a develop given product. The marketing activity includes planningRead MoreMba Papers7691 Words à |à 31 Pageswhich include Buick, Motorola, and Campbellââ¬â¢s Soup. In 2003, the Weather Channel reached more than 83 million U.S. households in Latin America under the name, El Canal del Tiempo. According to The Weather Channelââ¬â¢s Vice-president of strategic marketing, Steven Clapp, ââ¬Å"There might have been a time when people werenââ¬â¢t willing to admit that they were viewers. Now people are proud to say they watch us. Research shows that we are (gaining ratings), although itââ¬â¢s difficult to isolate why.â⬠A majorRead MoreDreamers1047 Words à |à 5 Pagesbrandsââ¬âincluding Ivory soap, Tide, Pampers, Iams pet food, Crisco, and Folgersââ¬âto consumers in 160 countries. Historically the strategy at PG was well established. The company developed new products in Cincinnati and then relied on semi-autonomous foreign subsidiaries to manufacture, market, and distribute those products in different nations. In many cases, foreign subsidiaries had their own production facilities and tailored the packaging, brand name, and marketing message to local tastes and preferences
Wednesday, May 6, 2020
History of the Slavery Trade Essay - 1190 Words
Slavery is a system under which people are treated as property to be sold and bought and are forced to do labor. This practice has been around since the very beginning of civilization. This dates back almost 11,000 years ago during the Code of Hammurabi. People are sentenced to slavery due to debt, prisoners of war, punishment for crime, child abandonment, and the birth into slavery. Slavery has been found to be present in various countries throughout history such as Europe, Africa, the Americas, and Asia. The purpose of slavery was to earn money without having to do all the work. This left people more time to do things they wanted rather than committing their time to work that they do not want to do. The slave trade was invented whenâ⬠¦show more contentâ⬠¦Slaves were given enough room to at least turn around. Less slaves died this way. Slave ships were infested with rats and bugs. Dead bodies surrounded living people. Also, the food and water fed to the slaves were spoiled. This all caused many diseases such as smallpox and dysentery. Many of the slaves refused to eat the food which resulted in sailors prying their mouths open and force feeding them. Madness was common from the slaves. They were taken away from family, tied up, and held as slaves. They were not treated as they were real people. Crew members would punish, beat, and in many cases kill slaves. Slaves terrified that the white people would eat them since those who were taken, never returned. Those who tried to rebel usually jumped off the boat and drown themselves. They thought they would rather commit suicide than be held captive as a slave. Though, many did not succeed. Once the ships were docked, the slaves would be taken off and placed in a pen. There they were washed, and sometimes their skin would be covered with grease or tar to make them look healthier. This was done to get as much money as possible for them. The slaves were also branded with a hot iron as identification. Auctions w here hard to slaves because this was usually the time where families were split up. Bidders mostly only bought the strongest and healthiest of the family. The first way of auctioning off slaves was by highest bid. Slaves would be picked from the pen and placed on aShow MoreRelatedSlavery Through The Ages Of Humans812 Words à |à 4 PagesSlavery Through the Ages Human beings have been in bondage for thousands of years. Slavery originated in early civilizations. It has not only affected our modern world, it has affected the advancement of the human being itself. In most civilizations, humans establish class systems and look upon other humans as if they are ââ¬Å"lesser thanâ⬠or ââ¬Å"subhumanâ⬠. The process of dehumanization is a key psychological factor in why slavery has existed since the formation of civilizations. Dehumanize: to treatRead MoreColonial American Slavery Essay examples1458 Words à |à 6 PagesThe study of slavery in the development of early America is an extremely complex, yet vitally important part of American History. There are hundreds of thousands of documents, debates, and historical studies available today. According to Ms. Goetz, the assistant professor of history at Rice University, who states, in The Southern Journal of History, that in addition to geographic and chronological diversity in the Americaââ¬â¢s, assessment of experiences of colonial slaves is extremely complex, ââ¬Å"especiallyRead MoreThe British Of The Slave Trade1322 Words à |à 6 Pages The attempt to end the slave trade brought the British into conflict with elite African slave traders. The British anticipated conflict therefore their efforts to abolish the slave trade in the city of Lagos are minimal. The British instead used features of domestic slavery to justify their approach to it, and created policies. Rather, the British used the anti-slavery movement to have an informal control the city of Lagos. For the simple fact that the city of Lagos was an economic center inRead MoreThe Way We Lived: Essays and Documents in American Social History, by Frederick Binder and David Reimers779 Words à |à 4 Pageshave chosen to write about chapter three due to my fascination about the slavery period in our country; the reasons it happened, why it happened, and some of the missing history behind the period. As for the missing history, I have always been captivated be the underlying history that made slavery possible in America. Chapter three delves into the subject th at has intrigued me ever since high school, especially how the slave trade came to be, how it was started, and those who actually began and ran itRead MoreSlavery During The American Revolution Essay1523 Words à |à 7 PagesSlavery was held out until 1865, but during this time period abolitionist are trying to do anything to stop slavery. The reason being is because slavery wasnââ¬â¢t slavery anymore. Slavery was beginning to become more advance due to technological innovation. The Abolitionist are people that were against slavery and would boycott anything to get rid of slavery. The argument that the Abolitionist had during this time period was its conditions as violating Christianââ¬â¢s principals and rights to equalityRead MoreSlavery During The Twentieth Century993 Words à |à 4 PagesJeremy Black has recently stated ââ¬Ëslavery played a major role in the twentieth century.ââ¬â¢ The twentieth century, he argues, witnessed a highpoint in slavery as it rose to a new peak. He defines slavery as being ââ¬Ëpublicââ¬â¢ which differs from the ââ¬Ëconventional account of enslavement, economic exploitation and racism.ââ¬â¢ For Black, the conventional account of slavery has been ââ¬Ëeasier to define and confront.ââ¬â¢ This dissertation through the work of three authors: Buchi Emecheta, Ayi Kwei Armah and TayebRead MoreEssay African American Issues: Slavery and Continuing Racism892 Words à |à 4 Pages There are many issues that African Americans face in todayââ¬â¢s society, many of which I had not realized until after taking Africana Studies. Some issues dwell on the horrific past of the Trans-Atlantic Slave Trade, which not only is history, but also is part of African American heritage (Karenga, 2010). African Americans frequently experience many perilous problems, such as dire economic situations and feelings of hostility from the cultural mainstream in America (Kaufman, 1971). The cultural collisionRead MoreEric Willi ams Thesis on Capitalism and Slavery and Arguments Made for and Against the Thesis.1564 Words à |à 7 PagesERIC WILLIAMS THESIS ON CAPITALISM AND SLAVERY AND ARGUMENTS MADE FOR AND AGAINST THE THESIS. Many historians justify that the evolving of the industrial revolution was based on slavery and mainly the triangular trade. The triangular trade was the route taken by Europeans to transport goods to Africa in exchange for slaves to be taken to the Americans. The triangular trade was seen as the first system of global commerce which linked Britain, Africa and the Americans. The most important coloniesRead MoreThe Narrative Of The Life Of Olandah Equiano1716 Words à |à 7 Pagesfrom the perspective of either an African taken into slavery early in his life or a slave of African descent born in the British colonies. Olandah Equianoââ¬â¢s narrative reveals more about the African Diaspora than it does African history itself, particularly with his birthplace called into question. If he was born in Africa as he claims, Equianoââ¬â¢s narrative provides a primary source for the history of the slave trade in Africa and Nigerian history. If he was born in South Carolina, his narrati ve providesRead MoreThe Impact Of The Atlantic Slave Trade Influence Europe Economic Growth And Market Development Essay786 Words à |à 4 Pageseuropean expansion in the new world and define slavery as a principal component for global capitalism until it was not longer profitable. The atlantic slave trade influence europe economic growth and market development to rapidly spread through the atlantic trade. It was a intense dependence on the triangular trade that made merchants made big profits at the expense of the exploited labour abroad. Merchants were involved in all three sides of the triangle trade that allowed the transportation of slaves
Tuesday, May 5, 2020
LYSISTRATA Persuasive Essay Example For Students
LYSISTRATA Persuasive Essay A monologue from the play by Aristophanes NOTE: This monologue is reprinted from Aristophanes: The Eleven Comedies. Trans. Anonymous. London: The Athenian Society, 1922. CHORUS OF WOMEN: Nay, never play the brave man, else when you go back home, your own mother wont know you. But, dear friends and allies, first let us lay our burdens down; then, citizens all, hear what I have to say. I have useful counsel to give our city, which deserves it well at my hands for the brilliant distinctions it has lavished on my girlhood. At seven years of age, I was bearer of the sacred vessels; at ten, I pounded barley for the altar of Athene; next, clad in a robe of yellow silk, I was little bear to Artemis at the Brauronia; presently, grown a tall, handsome maiden, they put a necklace of dried figs about my neck, and I was Basket-Bearer. So surely I am bound to give my best advice to Athens. What matters that I was born a woman, if I can cure your misfortunes? I pay my share of tolls and taxes, by giving men to the State. But you, you miserable greybeards, you contribute nothing to the public charges; on the contrary, you have wasted the treasure of our forefathers, as it was called, the treasure amassed in the days of the PersianWars. You pay nothing at all in return; and into the bargain you endanger our lives and liberties by your mistakes. Have you one word to say for yourselves? . . . Ah! dont irritate me, you there, or Ill lay my slipper across your jaws; and its pretty heavy. By the blessed goddesses, if you anger me, I will let loose the beast of my evil passions, and a very hailstorm of blows will set you yelling for help. Come, dames, off tunics, and quicks the word; women must scent the savour of women in the throes of passion. . . . Now just you dare to measure strength with me, old greybeard, and I warrant you youll never eat garlic or black beans more. No, not a word! My anger is at a boiling point, and Ill do with you what the beetle did with the eagles eggs. I laugh at your threats, so long as I have on my side Lampita here, and the noble Theban, my dear Ismenia. . . . Pass decree on decree, you can do us no hurt, you wretch ab horred of all your fellows. Why, only yesterday, on occasion of the feast of Hecate, I asked my neighbors of B?otia for one of their daughters for whom my girls have a lively likinga fine, fat eel to wit; and if they did not refuse, all along of your silly decrees! We shall never cease to suffer the like, till someone gives you a neat trip-up and breaks your neck for you!
Sunday, April 19, 2020
Product Level Planning free essay sample
Market analysis 3 SWOT Analysis 4-7 Objectives 7 Marketing Strategy 8 Action Program 9 Financial Projection 10 Feedback Control 10 Conclusion 11 References 11 Executive Summery Cement Industry is highly important segment of Bangladeshââ¬â¢s Industrial sector Plays a vital role in socio-economic development. Although cement industry of Bangladesh has witnessed its ups down in recent past but in last decade it has recovered now itââ¬â¢s a self-sufficient industry of Bangladesh not only fulfilling domestic needs of Bangladesh also exporting a huge amount of cement to other countries, bringing foreign reserves help in up lifting Bangladeshââ¬â¢s GDP. Bangladesh is currently operating at their maximum capacity due to the boom in commercial industrial construction within Bangladesh. In this report I have selected Anchor cement, Olympic Cement Ltd (OCL) of ââ¬ËKhansons Groupââ¬â¢ simply called gray cement we will describe how they do product planning for that? Khansons Group has extended its industrial arena by putting-up a clinker grinding cement plant named as Olympic Cement Ltd. We will write a custom essay sample on Product Level Planning or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The plant is located at Rupatoli, Barisal all in a row along with its textile industries. The finished product (cement) has been branded as Anchor the same has become popular in the local market. This cement project commenced its initial production at 800 tpd and gradually increased the production to the level of 1,600 tpd. Olympic Cement Ltd (OCL) is one only cement factory which has targeted to meet the entire demand of cement in Southern Bengal. As a result, OCL has concentrated its sales on a soaring trend by increasing production volume. OCL is maintaining the reputation of its quality product and aiming at the extended project in days to come. Current Market Situation Overall Market Situation Bangladesh cement industry is the 40th largest market in the world. There are 70+ cement factories in Bangladesh and daily production capacity is 16. 687 Million MT. In January 2012, Bangladeshââ¬â¢s Export Promotion Bureau released data confirming that cement exports had witnessed a 21% increase in the first seven months of the current fiscal year (July 2011 ââ¬â January 2012). The boost in the cement sector is because of the rising construction activity in the country increasing development expenditure by the govt. Due to this the sales of cement sector will also rise every year. Product Situation Since Cement is a specialized product, requiring sophisticated infrastructure production location, so, Most of the cement industries in Bangladesh are located near/within a river side that are rich in clay. Iron mineral capacity so ââ¬ËAnchorââ¬â¢ cement is situated near to the bank of river ââ¬ËKirton Kholaââ¬â¢. Anchor cement installed capacity is 1,600 tpd at present with the turnover of 50 crore in a year. Competitive Situation: In competitive situation we will describe all the competitors of Anchor Cement producing gray cement. There are 70 + firms in the market along with Anchor Cement. All these companies are using different marketing tactics to grape as much market share as possible but they are acting like a cartel under the tree of APCMA. They are producing same quality of cement with all most same price and features thatââ¬â¢s why competition in the market is very tough for local as well as foreign market. All are using same bulk penetration strategies to cover major portion of the market. Some are using cost leadership strategy but due to cartel act behavior they are not getting the target results that they want to achieve. Currently Crown cement is the market leader while Anchor cement is a niche in the national market but it is the leader in the local market of Barisal southern part of Bangladesh. Distribution Situation: Anchor Cement Company uses different channels of distributions to transfer the gray cement from company to the different part of Bangladesh. â⬠¢ACC gt; Whole Sellers gt; Retailorgt; Customer â⬠¢ACC gt; Retailorsgt; Customer â⬠¢ACC gt; Customer â⬠¢ACC gt; Regional Offices gt; w/s Retailors Macro-Environmental Situation Macro environmental factors directly or indirectly effect the production of the company its market. Macro- Environmental factors are the factors that are not in the control of the company. These factors areâ⬠¦.. 1. Political 2. Law order situation 3. Cultural values 4. Technological change . Demographic trends 6. Economic Condition 7. Inflation Opportunity Issue Analysis After completing the market analysis now we will do analysis of opportunities issues for the ACC. Opportunity is a chance of progress or advancement that is available in the market the company has to avail it for the progress and profitability while issues are the weakness or th reat for the company to avoid or settled down. For this purpose we have to do SWOT analysis of ACC. Strength of ACC Strengths are the internal positive factors of advantage that a company possesses. Following is the strength of ACC. Installed Capacity: Installed capacity of company is 16. 687 Million MT daily they are producing 6007. 32 MT per annum so they can exceed the production easily by proper implementing their marketing mix strategies it will directly increase profits of the company. oRaw Material: Anchor Cement Company is situated near the bank of the river kirtonkhola. So they can easily avail the huge reserve of raw materials with a very low cost as compare to other competitorsââ¬â¢ as their cost of material is high. oHigh Quality of ACC: Quality of ACC is much better than the standard set by Bangladesh importers. Quality of production is better than most of the competitors in the market. oCheap Labor: They are using cheap labor market of Bangladesh which is strength of them due to this their price is low as compare to other compotators. oGood Govt. Policies: Local federal govts. Policies are supportive favorable to the cement sector. They are getting many benefits in term of electricity etc from BD govt. So over all ACC is enjoying good environment created by Government. Weakness of ACC Weaknesses are the internal negative factors of a company that should be avoided or to be controlled. Following are the negative factors of ACC. oNot Utilization of Full Capacity: ACC is not utilizing its full capacity of production of gray cement. They can produce more per annum so not utilizing their full capacity is also their disadvantage which they should convert it into opportunity. oFuel Electricity Charges: ACC cost comprises more than 50% costs of fuel electricity. So they should minimize these expenses as much as they can. It can really help them in uplifting their market share growth profit as well. They can convert their system or can generate their own electricity by investing in this sector. Management: ACC major boards of directors are from the same family which is also a negative factor of them. So they should introduce competent personnelââ¬â¢s in the company for the growth. oFreight Charges: Freight or transportation charges to other parts of the country are also a problem for them which should be settled down as soon as possible. They should minimize their e xpenses to avail greater markets present in other parts of Bangladesh. Opportunities for ACC Opportunities are chances for progress or advancement that is available in the market and the company has to avail it for the progress and profitability. These are positive external factors. Following are the opportunities available for ACC. oGovernment Development Expenditure: Govt: is spending huge amount on development projects like roads, schools, hospitals, dams infrastructure etc. ACC can avail these opportunities by responding on time to these projects. oConstruction of Big projects: Recently there are many big projects are going on Bangladesh like construction of Jamuna future park, many high rise buildings etc, also in nationwide in Barisal. ACC should explore all these opportunities to increase its market share. oDemand of Bangladeshi Cement: Recently Bangladeshi cement demand is increasing day by day in foreign markets so ACC can improve its foreign market share. This will be very favorable profitable for them. Threats for ACC Threats are the negative factors that are available in the external environments. These are unhidden threats that are waiting for company should be ready or prepared to tickle down all these threats for their existence survival. Following are the threats available for ACC. High Energy Prices: Energy prices are constantly increasing in Bangladesh worldwide which is directly affecting the profitability of ACC because major portion of cost consists of fuel energy expenses so they should find out alternative source of energy to minimize the cost of goods. oHigh level of Taxes Custom duty: High level of cost custom duty are affecting its profitability. So govt. should take constructive steps fo r the development of the industries. oCompetitors: There are 70+ firms in cement industry which make the competition very tough. Each firm is striving to get as much share as they can and they are using different tactics to excel their sales. So, ACC should take proper steps for its growth while taking into consideration all the Competitors. oPolitical Instability: It is also a main threat for ACC because it brings changes in laws regulation accordingly. Objectives After analyzing all the factors now we will set the objectives or targets we can say, for ACC that is going to be achieved in the next financial year of the company. Our objectives should be ? Specific ?Measurable ?Achievable ?Realistic ?Time bound There are 2 kinds of objectives which are: Financial Objectives â⬠¢Marketing Objectives Financial Objectives: Financial objectives are related with the financial performance of the company or simply objectives that relate to finance. Following are the financial objectives that we can set for ACC for 2013. ?Profit after taxes should be 60 crore ?Cash flow should be 10% high Marketing Objectives Financ ial objectives should be convertible to marketing objectives. Marketing objectives are related to market or overall industry. Following are the marketing objectives of ACC. Sales should be 50% high Exports should be 40% Average price should be up to 450 pg Sales of 5,00,000 tons should be achieved in 2013 Expand the number of dealers Market share should be up to 5% Marketing Strategies Strategies are the game plan or road map to achieve the objectives set by the company by utilizing its resources. Following are the marketing strategies that should be used: oNew Markets New markets in outside inside of the country should be achieved. oDistribution outlets Distribution outlets or big distributors must be located in all the targeted markets. oAdvertisement 2% budget should be allocated for advertisement campaign on bill boards certain media channel. Low pricing strategy Low pricing strategy should be adopted as compared to competitors. oAlliance Alliances should be made with distributors realtors in important markets preference should be given to them. oSales force Sale force or sales agents should also be hired in remote areas with 5-8% commission. oMarket Research 10% Budget should be allocated to market research to know competitors , customer behavior new markets. oLower cost of goods strategy Cost of the cement should be low down to earn maximum profit Action Programs Marketing strategies should be supported with action programs or day to day plans. Each strategy should be broken down in to small programs or action that can easily be implemented. It tells us that which marketing strategy is to be completed by whom, when how what will be the cost of that? ?Sales department have to do 25 crore sales after every 4 months. ?Production department have to produce 0. 25 million tons after every 4 months. ?Purchase department should purchase furnace oil raw materials 5% less as compared to previous year. ?Management should reduce unproductive expenses @10% as compared to last year. ?Other incomes should be increased up to 10 crore as compared to last year. Marketing department should achieve their target within given budget on the basis of six months. Financial Projections â⬠¢Following are the overall projection for year 2013. In millionsIncrease Sales500060% Cgs (Cost of goods sold)(3200)36% Gross Profit120080% Other Expenses18010% Other Income2040% Profit Before Taxes800 Taxes200 Net Profit60020% Feedback Control In the last st age of product level planning we will consider does the company actually achieved its objectives or not. In this step we will compare the actual results with the standards set out there in the planning stage. According to the above results figures ACC has achieved all the targets goals efficiently effectively. They have properly implemented the planning as compared to previous year so they have achieved the level of performance what they want. Even more fruitful results have been achieved. Usually, Anchor Cement Company carries out three types of controlling strategies which are as under.. oAnnual Plan Control ACC usually do audit or check up at the end of year that whether that have achived their annual goals/objectives or not regarding sales, profits, market share growth etc. They want to know the gap between actual standard, if found any then will fix it down in the upcoming period. If they have performed much better then they watch out the reasons behind that to implement forever in the organization. oAudit Control Internal Audit is carried out by the internal auditors. External Audit is carried out by external auditors. oStrategic Control Strategic Control is the step of the last section. In strategic control usually they evaluate whether the Anchor Cement Company marketing strategy is appropriate to the market condition or not. If not they do Changes in it to make implementable in the market. They change their strategy according to the market situation that changes so rapidly. Conclusion From the above analysis we can easily conclude that how a company usually does their product or marketing planning. I pick Anchor Cement Company collect data from different sources (mainly from web) then make the palling for them accordingly. All the above discussion gives us a birdââ¬â¢s eye view regarding a good product planning that a marketer can do. References http://www. khansonsgroup. com www. scribd. com Marketing Management- Philip Kotler, 11th edition
Sunday, March 15, 2020
Alternate sources of Electri. essays
Alternate sources of Electri. essays Alternate Sources of Electricity: Wind Power Wind is created from an unequal heating of the earths atmosphere therefore wind is an indirect form of solar energy. Convection currents, which occur due to the fact that warm air rises and cooler air drops, produces this cycle of air or wind. Some of the suns energy directly heats the air but mostly the heat is transferred form the earth into the atmosphere. Between 1 - 2% of the solar radiation that reaches the Earth is converted into energy in the wind.1. Seasonal variations in the speed and direction of the wind result from the seasonal changes angle of the Earths spin relative to the Sun. Daily variations are caused by the different speeds of heating different surfaces, for example land and oceans heat up at different speeds.2 The force excreted by wind on a propeller or some sort of mechanical instrument is used to create motion. Thus converting mechanical energy into electrical is not a problem. The process is the reverse of an electric motor which uses a magnet to force the shaft to spin. Likewise if the shaft spins it will induce a magnetic field thus providing electricity. There are three basic physical laws governing the amount of energy available from the wind. The first law states that the power generated by the turbine is proportional to the wind speed cubed. For example if the wind speed doubles, the power available increases by a factor of eight; if the wind speed triples then twenty seven times more power is available. Therefore a proposed site must have a very fast wind a lot of the time to generate electricity. It is very expensive to deploy lots of wind turbines if each is only going to produce very little electricity. The second law states that the power available is directly proportional to the swept area of the blades. That is the power is proportional to the square of the blade length. For example, doubling the blade length will in...
Thursday, February 27, 2020
The Role of Music Essay Example | Topics and Well Written Essays - 1250 words
The Role of Music - Essay Example This essay discusses that music is a powerful medium in the society that helps in controlling communication. Songs assist in sharing meaning and promote development and maintenance of individual groups. For instance, the protest songs are used in showing the composition of social conditions that are prevalent in a society during a particular time. Protests could be used to fight against racism, an abolition of hierarchy, elimination of women suffering and crudity. In the community, protest songs are a powerful tool that helps individuals explore some of the iconic and evocative moments in history. The primary function of the work songs is to mental rather than physical. During the enslavement of the Negros, the white people encouraged them to sing these songs as an illusion for the body to work mechanically. The songs sang accommodated the type of work that they did and, as a result, some songs were developed. Work songs help individuals to be more efficient.This paper declares thatà music promotes unity in the society. The protest songs are formed as a result of people coming together in agreement to oppose a particular thing. They give a sense of unity and allowchange; this especially can be seen throughout the American history. The use of music at work allows everybody to take part in the discourse practices of labor activities with a uniformity of the mind.à Blue music helps in the relaxation of the mind, during leisure time or when traveling long distances.
Tuesday, February 11, 2020
Introduction to political science Essay Example | Topics and Well Written Essays - 1500 words
Introduction to political science - Essay Example Therefore it is the relation of production that helps in shaping the different political systems that exist in the world. (Bottomore, 1991). Democracy means an effective consent of the governed. Liberalism means respect for the individual being. Again democracy means ââ¬Å"location of a stateââ¬â¢s power, that is, in the hands of the people, whereas ââ¬Ëliberalââ¬â¢ refers to the limitation of the stateââ¬â¢s powerâ⬠. A ââ¬Å"liberal democracy is a political system in which the people make the basic political decisions, but in which there are limitations on what decisions they can makeâ⬠. (Watson, 1999, p.3). It can thus be said that liberalism in its modern form is basically a system in which an individual can use the state power according to the wish of the majority. It can also be said that liberalism tends to take the form of tyranny which involves the rule of one for his or her personal interest. And here lies the paradox of liberal democracy. It becomes very difficult to fit Marx among the nineteenth century democrats. It has also been found that democracy gained comparatively little from Ma rxism; instead it suffered a great deal from Marx and his followers. Democracy may mean a lot of things. It may mean belief in a particular form of government, that is a government formed by the majority and a government which constitutes representative institutions. It may also mean a certain idea about the particular forms of the government. But neither of these definitions allows Marxism to penetrate through Democracy. As belief in government by consent is not in line with the view of historical progress which states that the progress was a product of the class war which had taken place influenced by Marxism. Therefore it is natural that Marxist theories have been used as an argument to negate the theories of liberal democracy. But it cannot be said that Marx was completely anti-democratic. Yet democracy can acquire yet a
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