Discuss on Advanced Marketing

Unit VI Case Study
Case studies are an important learning strategy in business classes as they provide an opportunity for you to critically analyze events that have taken place in real-life businesses. This develops your critical thinking and research skills as you
research the competition and industry in which your business resides with an end goal of formulating a recommendation for the challenges faced by the company.

Select one of the three case studies listed below, which can be found in your textbook. Evaluate the case of your choice, and respond to each of the questions below using both theory and practical managerial thinking as well as supporting
research.
Option 1: Southwest Airlines (pp. 490–491)
1. What is the product and service model of Southwest? Who is their primary target market, and how is Southwest positioned with this group?
2. What is the pricing strategy of Southwest compared to other airlines? Is this a differentiating factor?
3. What risks does Southwest Airlines face both from a macro and micro environmental standpoint?
4. Can Southwest continue to thrive as a low-cost airline when tough economic times hit or as other airlines mimic its business model?

Option 2: Amazon.com (pp. 522–523)
1. With respect to the distribution, why has Amazon succeeded when so many other companies have failed?
2. From a theoretical standpoint, what is Amazon’s pricing model? Why is this so effective? How does this compare to their competitors?
3. Discuss how Amazon has used differentiation and positioning as two key components in maintaining a competitive advantage.
4. Thinking about the changes in the macro and micro environment, what is next for Amazon? Where else can it grow?

Option 3: Best Buy (pp. 554–555)
1. What were the keys to Best Buy’s success? How have they differentiated themselves?
2. What pricing model has Best Buy adopted?
3. What are the challenges it faces in today’s retail environment from both a micro and macro environmental standpoint?

4. How else can Best Buy compete against retail competitors like Walmart and Costco as well as online competitors like Amazon.com?

In formatting your case analysis, do not use the question-and-answer format; instead, use an essay format with subheadings. Your APA-formatted case study should be a minimum of 500 words in length (not counting the title and reference pages). You are required to use a minimum of three peer-reviewed, academic sources that are no more than 5 years old (one may be your textbook). All sources used, including the textbook, must be referenced; paraphrased material must have accompanying in-text citations.

Discuss on Marketing Health Care Services

Strategies used to market health care services are typically different than strategies used to market health care products. From intangibility to the natural inconsistencies in the delivery of services, traditional marketing strategies must be modified so that there is a greater focus on marketing relationships and quality care. Therefore, when developing marketing plans, it is important for organizations to consider the 5 I’s of marketing health services: inconsistency, inseparability, intangibility, interaction, and inventory. For this Assignment, use the 5 I’s to examine the health care service in the Aravind Eye Care System: Providing Total Eye Care to the Rural Population case study provided in the Learning Resources. Then provide recommendations for marketing the service.

To prepare:

  • Review the Aravind case study.
  • With the 5 I’s of marketing in mind, reflect on the health care service provided by the organization and its personnel.

The Assignment

In a 4- to 5-page paper, address the following:

  • Using the 5 I’s of marketing, analyze the health care service provided by the organization in the scenario.
    • Inconsistency: Is there consistency in the quality of care?
    • Inseparability: When providing the service, do providers demonstrate biases toward or against patients and their families (i.e., racial biases, age biases, gender biases, etc.)?
    • Intangibility: What are the intangible characteristics of providers (i.e., demeanor, posture, etc.)? How do providers behave toward patients?
    • Interaction with consumers: Is the organization patient-centered or physician-centered?
    • Inventory: How much time is spent on providing the service and how much time is spent on non-service-related activities?
  • Recommend strategies to market this service to health care consumers. Include how these strategies might improve operations.

Note: Your Assignment must be written in standard edited English. Refer to the Essential Guide to APA Style to ensure that your in-text citations and reference list are correct. Be sure to support your work with at least five high-quality references, including three from peer-reviewed journals. See the Week 4 Assignment rubric for additional requirements related to research and scholarly writing.

Discuss on Marketing Research

 

Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling, and grammar. Sources must be cited in APA format. Your response should be four (4) double‐spaced pages; refer to the “Format Requirementsʺ page located at the beginning of this learning guide for specific format requirements.

Case 1

Objective: Select the appropriate research design.

You have just graduated from college and are a newly hired researcher trainee at Georgia Metro Research. You have been asked to determine the appropriate research design for two new clients, as follows.

Client A is a consumer packaged goods manufacturer with a well-established brand name. The client has focused on manufacturing and distribution for years while the marketing program has been set on “auto pilot.” All had worked fine, though there was a hint of emerging problems when, in the preceding year, market share had fallen slightly. Now, our client has just reviewed the current market share report and notices that over the previous 12 months, its share has gradually eroded 15 percent. When market share falls, clients are eager to learn why and to take corrective action. In these situations we know immediately the problem is that we don’t know what the problem is. There are many possible causes for this slippage. You need to determine the research design needed.

Client B is in a very competitive category with equal market share of the top three brands. Our client is convinced that it has changed every marketing mix variable possible except for package design. Since the three competitive brands are typically displayed side-by-side, the client wants us to determine what factors of package design (e.g., size, shape, color, texture) cause an increase in awareness, preference for, and intention to buy the brand. What do you recommend for the appropriate research design?

1. What research design would you recommend for each of these clients?

2. For the research design you selected for each client, explain why you believe your choice of design is the correct choice.

 

Case 2 

Objective: Select the appropriate sampling plan.

Client A

Honda USA is interested in learning what its 550 U.S. dealers think about a new service program Honda provided to the dealers at the beginning of last year. Honda USA wants to know if the dealers are using the program and, if so, what they like and dislike about the program. Honda USA does not want to survey all 550 dealers, but wants to ensure that the results are representative of all the dealers.

The Tate’s Digital Transformation

You will assess where current strategies (owned, earned, paid) miss the effective use of online channels to create new business for the Tate and/or help it retain its customers. You will examine the business goals of the Tate, including its key performance indicators (KPIs), to determine the best online channels for supporting these goals; finally, you will prioritize the optimal mix of distribution channels to effectively reach your target audience. Specifically, the following critical elements must be addressed:

II. Address Gaps: Illustrate how the current campaign can be enhanced by constructing the following:

A. Using your analysis of the current campaign, identify new opportunities:

1. Compose a target/potential customer by creating a customer profile (buyer persona) based on new assessment data.

2. Assess where current strategies (owned, earned, paid) miss effective use of online channels to create new business and retain customers.

B. Correlate the business goals and associated KPIs, and the channels that support these goals.

C. Prioritize the optimal mix of distribution channels to effectively reach your target audience. Support your reasoning for the choice of channels and the prioritization.

Discuss on Business Essential

Part A (a 1 ½ page response is required)

Objective: Explain the approaches to ethics and social responsibility

MKD Transportation owns and operates a fleet of container ships and tankers that transport goods around the globe. Company executives have just been contacted by the media with a credible report that one of their ships is leaking an oily substance off the coast of Belize. If true, some of the world’s most beautiful coral reefs could be in danger. On the other hand, the captain of the ship in question has not notified the company of any problem, and cleanup could be very costly. Environmental groups and the government of Belize have demanded that the company admit responsibility and immediately begin cleanup.

1.Managers at MKD claim to exercise ethical behavior toward their employees. Describe three (3) matters this behavior might cover.

2.What might the general public begin to think about MKD’s responsibilities toward the environment? Provide one (1) example.

3.If MKD adopts an obstructionist stance, how will the company respond to this media report? Provide one (1) supporting fact.

4.If MKD adopts a defensive stance, how will the company respond to this situation? Provide one (1) supporting fact.

5.If MKD adopts an accommodative stance, how will the company respond to the media and demands by the government of Belize and environmental groups? Provide one (1) supporting fact.

6.How might this situation have been different in the event that MKD had initially adopted a proactive stance to social responsibility? Provide one (1) supporting fact.

Part B (a ½ page response is required)

Objective: Describe pricing strategies for a product

Describe one (1) example of a situation in which a company might adopt a pricing objective other than profit maximization. Provide two (2) supporting facts.

Textbook: Ebert,R. J & Griffin, R. W (2013). Business Essentials (9th ed.)

** Chapters 11, 12

ASAP Case Study

Read Attached case study. Answer questions, about a paragraph each question

 

 

1. Describe how MinuteClinic puts the following promotion

 

 

 

strategies to work for them: stressing tangible

 

 

 

cues, using personal information sources, creating a

 

 

 

strong organizational image, and engaging in postpurchase

 

 

 

communication. What else could they try?

 

 

 

2. Are MinuteClinic’s services customized or standardized

 

 

 

for patients? Do they incorporate any elements of

 

 

 

mass customization?

 

 

 

3. In what way did MinuteClinic demonstrate reliability

 

 

 

and responsiveness during the flu outbreak

 

 

 

in Minnesota? How did it impress customers with

 

 

 

tangible physical evidence that the clinics cared about

 

 

 

them?

 

 

 

4. How important has MinuteClinic’s place (distribution)

 

 

 

strategy been to the company’s success? Which elements

 

 

 

does MinuteClinic focus on with its marketing

 

 

 

mix? Why?

Read Attached case study. Answer questions, about a paragraph each question

 

 

1. Describe how MinuteClinic puts the following promotion

 

 

 

strategies to work for them: stressing tangible

 

 

 

cues, using personal information sources, creating a

 

 

 

strong organizational image, and engaging in postpurchase

 

 

 

communication. What else could they try?

 

 

 

2. Are MinuteClinic’s services customized or standardized

 

 

 

for patients? Do they incorporate any elements of

 

 

 

mass customization?

 

 

 

3. In what way did MinuteClinic demonstrate reliability

 

 

 

and responsiveness during the flu outbreak

 

 

 

in Minnesota? How did it impress customers with

 

 

 

tangible physical evidence that the clinics cared about

 

 

 

them?

 

 

 

4. How important has MinuteClinic’s place (distribution)

 

 

 

strategy been to the company’s success? Which elements

 

 

 

does MinuteClinic focus on with its marketing

 

 

 

mix? Why?

Visionary decision makers tend

1.    Visionary decision makers tend to base business decisions on _____.
A. proprietary business research
B. instinct
C. secondary data
D. past experience
E. all of the above

2.    Intuitive decision makers tend to base business decisions on _____.
A. business research
B. secondary data
C. primary data
D. proprietary research
E. all of the above

3.    Which tier in the hierarchy of business decision makers sees research as the fundamental first step in any business venture?
A. Base tier
B. Middle tier
C. Top tier
D. All of the above
E. None of the above

4.    Minute Maid sees research as the fundamental first step in any business decision and it created proprietary methods for conducting research. At what level of the hierarchy of business decision makers does Minute Maid operate?
A. Top tier
B. Middle tier
C. Base tier
D. Foundation tier
E. Information tier

5.    Business research may be considered unnecessary when _____.
A. management has insufficient resources to conduct an appropriate study
B. the risk associated with the decision at hand is low
C. the information is applicable to the critical decision
D. both a and b
E. both a and c
6.    Which of the following is not a required characteristic of good research?
A. Clearly defined purpose
B. Detailed research process
C. Focused on theory
D. Thorough research design
E. Recognition of limitations

7.    Which characteristic of good research involves distinguishing between the organization’s symptoms, its problems, the manager’s perception of the problems, and the research problem?
A. Clearly defined purpose
B. Detailed research process
C. Thorough research design
D. High ethical standards
E. Justifiable conclusions

8.    Researchers have the ethical responsibility to guard the welfare of _____.
A. research participants
B. clients
C. colleagues
D. organizations to which they belong
E. all of the above

9.    Which of the following types of research is conducted to evaluate specific courses of action or forecast current or future values?
A. Reporting studies
B. Explanation studies
C. Description studies
D. Prediction studies
E. Observation studies

10.    Applied research:
A. Has little direct impact on policy decisions.
B. Is problem directed but not decision directed.
C. Is problem directed and closely related to policy or action needs.
D. Calls for a hypothesis to initiate the research.
E. Is usually conducted in the laboratory.

11.    Which of the following is pure rather than applied research?
A. Sleep duration, as impacting work efficiency.
B. Disruption of cognitive ability under stress.
C. The relationship between leadership traits and corporate success.
D. Work towards the discovery of a possible new element.
E. Comparing brand logos after a change.

12.    All of the following are unethical activities except _____.
A. violating nondisclosure agreements
B. revealing the names of research participants
C. stating that a survey will take 10 minutes to complete when the actual time is 15 minutes
D. invoicing for time that was not spent on the project
E. providing incentives for respondents

13.    Which approach to ethics advocates that ethical behavior should be directed by “duties” regardless of the positive circumstances that might result from behavior that is in contradiction to the duty?
A. Relativism
B. Deontology
C. Empiricism
D. Utilitarian
E. Scientology

14.    When a person follows his belief that one should not lie, and then tells the truth even when it hurts another person, he has illustrated the _____ approach to ethics.
A. ethical relativism
B. deontology
C. empiricism
D. utilitarian
E. scientology

15.    Anne is introducing a group of research participants to the study at hand. To ensure adequate oral consent, she should include all of the following components in her introduction except _____.
A. research organization
B. promise of anonymity and confidentiality
C. sponsoring organization
D. purpose of the research
E. estimate of when the research study will be published1.    Visionary decision makers tend to base business decisions on _____.
A. proprietary business research
B. instinct
C. secondary data
D. past experience
E. all of the above

2.    Intuitive decision makers tend to base business decisions on _____.
A. business research
B. secondary data
C. primary data
D. proprietary research
E. all of the above

3.    Which tier in the hierarchy of business decision makers sees research as the fundamental first step in any business venture?
A. Base tier
B. Middle tier
C. Top tier
D. All of the above
E. None of the above

4.    Minute Maid sees research as the fundamental first step in any business decision and it created proprietary methods for conducting research. At what level of the hierarchy of business decision makers does Minute Maid operate?
A. Top tier
B. Middle tier
C. Base tier
D. Foundation tier
E. Information tier

5.    Business research may be considered unnecessary when _____.
A. management has insufficient resources to conduct an appropriate study
B. the risk associated with the decision at hand is low
C. the information is applicable to the critical decision
D. both a and b
E. both a and c
6.    Which of the following is not a required characteristic of good research?
A. Clearly defined purpose
B. Detailed research process
C. Focused on theory
D. Thorough research design
E. Recognition of limitations

7.    Which characteristic of good research involves distinguishing between the organization’s symptoms, its problems, the manager’s perception of the problems, and the research problem?
A. Clearly defined purpose
B. Detailed research process
C. Thorough research design
D. High ethical standards
E. Justifiable conclusions

8.    Researchers have the ethical responsibility to guard the welfare of _____.
A. research participants
B. clients
C. colleagues
D. organizations to which they belong
E. all of the above

9.    Which of the following types of research is conducted to evaluate specific courses of action or forecast current or future values?
A. Reporting studies
B. Explanation studies
C. Description studies
D. Prediction studies
E. Observation studies

10.    Applied research:
A. Has little direct impact on policy decisions.
B. Is problem directed but not decision directed.
C. Is problem directed and closely related to policy or action needs.
D. Calls for a hypothesis to initiate the research.
E. Is usually conducted in the laboratory.

11.    Which of the following is pure rather than applied research?
A. Sleep duration, as impacting work efficiency.
B. Disruption of cognitive ability under stress.
C. The relationship between leadership traits and corporate success.
D. Work towards the discovery of a possible new element.
E. Comparing brand logos after a change.

12.    All of the following are unethical activities except _____.
A. violating nondisclosure agreements
B. revealing the names of research participants
C. stating that a survey will take 10 minutes to complete when the actual time is 15 minutes
D. invoicing for time that was not spent on the project
E. providing incentives for respondents

13.    Which approach to ethics advocates that ethical behavior should be directed by “duties” regardless of the positive circumstances that might result from behavior that is in contradiction to the duty?
A. Relativism
B. Deontology
C. Empiricism
D. Utilitarian
E. Scientology

14.    When a person follows his belief that one should not lie, and then tells the truth even when it hurts another person, he has illustrated the _____ approach to ethics.
A. ethical relativism
B. deontology
C. empiricism
D. utilitarian
E. scientology

15.    Anne is introducing a group of research participants to the study at hand. To ensure adequate oral consent, she should include all of the following components in her introduction except _____.
A. research organization
B. promise of anonymity and confidentiality
C. sponsoring organization
D. purpose of the research
E. estimate of when the research study will be published

Cardinal Health Inc Case Study

Question #1

a)      What role did Robert Walter play in shaping Cardinal Health?

b)  What decisions did he make at key inflection points that accounted for Cardinal’s success?

 

c)   What impact will his retirement have on the company?

Question #2

a) Is Cardinal Health an innovative company?

 

b) How have they created so much value?  Be specific in your response.

Question #3

a) Cardinal Health has grown through acquisitions (inorganic growth). What trade-offs, strengths, and weak­nesses are associated with this growth strategy?

 

b)  Were all of the acquisitions driven by the same strategic logic?

Question #4

a)  What role did information technology play in the evolution of this company?

 

b) Was there adequate global infrastructure to support their use of information technology as they expanded globally?

Question #5

a)  How did Cardinal Health build layers of capabilities?

b)  Do these provide sustainable competitive advantage? If so, how?

Question #6

a) What challenges do you expect Cardinal Health to encounter as they continue to globalize?

b) How would you recommend that Cardinal Health meet any globalization challenges?

Question #7

a)       Evaluate Cardinal Health’s financial performance and position.  Hint:  I might suggest you use a search engine to pull up Cardinal’s financials.

Question #1

a)      What role did Robert Walter play in shaping Cardinal Health?

b)  What decisions did he make at key inflection points that accounted for Cardinal’s success?

 

c)   What impact will his retirement have on the company?

Question #2

a) Is Cardinal Health an innovative company?

 

b) How have they created so much value?  Be specific in your response.

Question #3

a) Cardinal Health has grown through acquisitions (inorganic growth). What trade-offs, strengths, and weak­nesses are associated with this growth strategy?

 

b)  Were all of the acquisitions driven by the same strategic logic?

Question #4

a)  What role did information technology play in the evolution of this company?

 

b) Was there adequate global infrastructure to support their use of information technology as they expanded globally?

Question #5

a)  How did Cardinal Health build layers of capabilities?

b)  Do these provide sustainable competitive advantage? If so, how?

Question #6

a) What challenges do you expect Cardinal Health to encounter as they continue to globalize?

b) How would you recommend that Cardinal Health meet any globalization challenges?

Question #7

a)       Evaluate Cardinal Health’s financial performance and position.  Hint:  I might suggest you use a search engine to pull up Cardinal’s financials.

 

Real Life Examples Of Marketing Research

Marketing research is a systematic process. It involves the process of gathering, recording, and analyzing data related to products and services. In your post, identify three real life examples of marketing research that you have observed. Which of these three examples do you feel is the most effective?

An example might be a group of people handing out questionnaires in the mall.

Marketing research is a systematic process. It involves the process of gathering, recording, and analyzing data related to products and services. In your post, identify three real life examples of marketing research that you have observed. Which of these three examples do you feel is the most effective?

An example might be a group of people handing out questionnaires in the mall.

Discuss The role of marketing intermediaries

True or false

1) Downstream marketing channel partners, such as wholesalers and retailers, form a vital link between the firm and its customers.( )Page Ref: 340
2) A company’s channel decisions directly affect the prices of its products.
( )Page Ref: 341
3) Producers use intermediaries because they create greater efficiency in making goods available to markets.( )Page Ref: 342
4) The role of marketing intermediaries is to transform the assortments of products made by retailers into the assortments wanted by producers.( )Page Ref: 342
5) Each layer of marketing intermediaries that performs some work in bringing the product and its ownership closer to the final buyer is a channel level.( )Page Ref: 343
6) The number of products supplied indicates the length of a channel.
( )Page Ref: 343
7) In a direct marketing channel, the producer sells directly to the intermediaries, who in turn sell directly to the customers. ( )Page Ref: 343
) Horizontal conflicts are conflicts between different levels of the same channel.
( )Page Ref: 344
9) Vertical conflict occurs among firms at the same level of the channel.
( )Page Ref: 344
10) A conventional distribution channel consists of one or more independent producers, wholesalers, and retailers; each seeking to maximize its own profits, perhaps even at the expense of the system as a whole. ( )Page Ref: 345
11) A non-corporate VMS integrates successive stages of production and distribution under single ownership.( )Page Ref: 346
12) In a vertical marketing system, two or more companies at one level join together to follow a new marketing opportunity. ( )Page Ref: 347
13) Multichannel marketing occurs when a single firm sets up two or more marketing channels to reach one or more customer segments.( )Page Ref: 348
14) Disintermediation occurs when radically new types of channel intermediaries displace traditional ones.( )Page Ref: 348-349
15) Marketing channel design calls for analyzing consumer needs, setting channel objectives, identifying major channel alternatives, and evaluating those alternatives.)Page Ref: 350
16) Producers of convenience products and common raw materials typically seek exclusive distribution, a strategy in which they stock their products in as many outlets as possible.
( )Page Ref: 351
17) Under the strategy of intensive distribution, the producer gives only a limited number of dealers the exclusive right to distribute its products in their territories.
( )Page Ref: 351
18) Marketing channel management calls for selecting, managing, and motivating individual channel members and evaluating their performance over time.
( )Page Ref: 353
19) As a part of intensive distribution, dealers are expected to refrain from selling the products of the producers’ competitors.( )Page Ref: 351, 356
20) Marketing logistics involves planning, implementing, and controlling the physical flow of goods, services, and related information from points of origin to points of consumption to meet customer requirements at a profit. ( )Page Ref: 357
21) Reverse logistics refers to the moving of products and materials from suppliers to the factory.
( )Page Ref: 357
22) In contrast to distribution centers, storage warehouses are designed to move goods rather than just house them. ( )Page Ref: 359
23) Air carriers transport digital products from producer to customer via satellite, cable, phone wire, or wireless signal.( )Page Ref: 361
24) Intermodal transportation refers to the combination of two or more modes of transportation.
( )Page Ref: 361
25) Electronic data interchange (EDI) is the digital exchange of data between organizations, which primarily is transmitted via the Internet.( )Page Ref: 361