Assignment Briefing PCM III – 2010 – 67th Intake, 20th Year.

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Submission date : 9th March 2014

TOPIC : “Understanding the Importance of Marketing

Orientation, Marketing Environmental Framework, and

Extended Marketing Mix”

Assignment

Briefing PCM IV

PCM I - 2014

By : Mahesh Fernando

MBA (ECU)AUS

PG. Dip in Mkt. SL

CPM Asia (AMF)

MSLIM

Overall 04 task’s to complete

• Task 01 (10 Marks )

• Select a service marketing organization at your choice and give a brief introduction of the company and products they market.

• Task 02 (20 Marks )

• Briefly explain the key steps that you suggest that the company should implement in order to be marketing oriented and discuss difficulties they may encounter .

• Task 03 (20 Marks )

• Identify and explain the “Micro and Macro Environment” of the selected business organization

• Task 04 (30 Marks )

• Carry out an “Extended Marketing Mix” analysis for a selected product of this organization

Allocation of Marks

Task 01 10%

Task 02 20%

Task 03

Task 04

20%

30%

Following assignment guidelines 20%

Total 100%

Task 01

• Select a service marketing organization at your choice and give a brief introduction of the company and products they market.

• (The students may visit company websites and gather the necessary information regarding the company and its products (product lines, brands, etc.)

Company

History

Products

: ABC Pvt Ltd.

: 1996 with a staff of 4 and today its a 1 Billion LKR

business.

: ABC diploma program

No of products : 03

Product names : ABC Diploma/ XYZ MBA program/ YYH Degree

Max 01 to 02 A 4 Pages for this and Pictures can be included.

Task 02

Briefly explain the key steps that you suggest that the company should implement in order to be marketing oriented and discuss difficulties they may encounter.

What is marketing orientation ?

Recommended steps to be marketing oriented

Difficulties in marketing orientation

Marketing Orientation

Making the customer at the center of the organization.

Marketing

Production

R & D Finance

Customer

Engineering

Mahesh Fdo.MBA-AUS|CPM Asia|PG.

Dip. In. Mkt.SL

6

Steps of Marketing Orientation

• Increase customer satisfaction.

• Increase loyalty among customers.

• Increase reputation.

• High brand awareness.

• Increase motivation of staff.

• Increase market share & Profits.

• To Combat competition.

• Reduction of wastage in resources.

Mahesh Fdo.MBA-AUS|CPM Asia|PG.

Dip. In. Mkt.SL

7

Problems in Implementing the Marketing

Orientation.

• The difference in the focus & emphasis of other divisions & Functions.

• TOP Management Support.

• People problems.

• Inability to adopt to change.

• High cost.

• Differences in company cultures.

• Wrong timing & lack of skills.

Mahesh Fdo.MBA-AUS|CPM Asia|PG.

Dip. In. Mkt.SL

8

• Task 03

– Identify and explain the “Micro and Macro

Environment” of the selected business organization.

– Micro

– Customers

– Suppliers

– Competition

– Stake-holders

– Public

– Macro

– PESTEEL

The Environmental Framework

Macro Environment

Micro Environment

Internal Environment

Intra Firm

| People| Culture| Structure | Resources

Customers, Suppliers, Competition, Public, Stakeholders

PESTEEL Factors

• Customer

• Competition

• Stakeholders

• Suppliers

• Public

Micro environment

: Segment (Geo/Demo factors)

: No of competitors

: Banks, Consumer affairs authority etc.

: Raw Material, Water, Cleaning services

: Trends and how they see the

business and the company

Macro environment

• PESTEEL

• Political : Policies/ Tax’s

• Economic : Inflation/Cost of living etc.

• Social cultural : Values/ Believes of people

• Technological : IT/Telecomm/ Internet

• Ethical : Do we say the truth

• Ecological : Do we pollute the environment

• Legal : Legal requirements

Task 03

Carry out an “Extended Marketing Mix” analysis for a selected product of this organization (Only 01 Service/Product)

• Product : ABC diploma program

• Price

Place

• Promotions

: LKR. 25,000 per subject

: Colombo and Kandy/Online

: Radio, Press, Direct Marketing

• People

Process

: Lectures, Overseas resources

: Enrolment process

• Physical evidence : Look and feel

suggested report format.

Format of the assignment

Pl. see the Study text.

Important

• Follow assignment guide lines.

• Format of the assignment as per the assignment sheet.

• Please read 3 times and understand each task and write the same in your own language.

• Get someone else to read and explain the same to you.

All the best !

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