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Thursday, December 22, 2011

Marketing Strategy

According to Moore and Pareek (2009), marketing is one of the important functions of any business besides other functions such as R&D, Finance, IT, Operation, Production, and Human Resource (HR).Assignment Help Function of marketing in organizations is directly related with attraction and retention of customers in comparison of other functions that focus on managing internal matters of organizations.

To develop the marketing function effectively, firms choose appropriate marketing strategies.Homework Help Role of marketing strategies is important for organizations. According to Silk (2006), marketing strategies can be divided into two parts such as selection of an appropriate segmentation, targeting, positioning, and selection of a suitable marketing mix (product, price, place and promotion). In both marketing and marketing strategies, role of advertisement is very critical as advertisement is one of the important tools among other tools such as sales promotion, marketing research, distribution and pricing of marketing.

According to Slater, Hult and Oslan (2010), marketing strategies are the combination of marketing mix, positioning, targeting and segmentation that helps the organization to create competitive advantages from the international market. With the help of effective marketing strategy, organization can attract the customers for the products and services.

In the research study, researchers also argued that marketing strategies plays an effective role in the organization to face various resources and utilize different opportunities.Assignment Writing At the same time Rosier, Morgan and Cadogan (2010) has supported the argument of Slater, Hult and Oslan (2010) that marketing strategy starts with a detailed and creative assessment of organization’s capabilities in order to achieve organizational goals. In the research, researchers argued that marketing strategies helps the organization to increase in strengths in order to increase in competition in international market.

Thursday, December 15, 2011

Effective and Ineffective advertisement

This post is provided by Assignment Help Experts. Advertisement describes all the fact and feature related to the product and service.Assignment Help Television is an effective media for capturing the market. Today lot of companies gives their advertisement on the television to increase awareness among the customers. dvertisements have different features and message regarding the product or service and the company.

Today FedEx’s trucks ad is more effective because it convey its message very clearly and provides all the information related to size, capacity etc. Nike’s ad is also attractive because it uses humor in its ad that makes it effective (Spoonfed Design, 2008). Coca-Cola targets the youth and it also shows it in its ad that makes it effective. The presentations and information of Coca-Cola’s ad determines its effectiveness.Homework Help So, these are some effective advertisements those support the high success and growth of the firm in the competitive marketplace.

In the marketplace, there are some ineffective advertisements also presented. The advertisement of Zungui Haixi Corp is ineffective that is a footwear manufacturer Company. Advertisement of the company is least effective because it provides less information about its product. Dole is a largest food based company (Dole, 2011). The advertisement of this company is also not so effective because of using ineffective and irrelevant advertisement tools and messages.

The advertisement of Marcus is also not effective. It’s a food company and provides less information about the product in its advertisement.Assignment WritingThese advertisements are really ineffective. Less information, ineffective presentation, poor contains, irrelevant message etc. are the factor that are presented in above discussed advertisement that are captured at the time of recalling and these make the ad ineffective.

References;
Dole. (2011). Retrieved May 6, 2011 from http://www.dole.com/AboutDole/tabid/1255/Default.aspx#
Spoonfed Design. (2008). Retrieved May 6, 2011 from
http://www.spoonfeddesign.com/10-principles-of-effective-advertising.


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Thursday, December 8, 2011

Justification for Knowledge Management in Organizations

This blog post is provided by Assignment Help Experts. Knowledge management system is an important part of any organization to manage their knowledge and information to motivate employees towards the products and also helpful to create effective production and processes that lead innovation and product development. Assignment HelpThe arguments for justification for this business case are as follow:

Provide Motivation for Employees:


An effective knowledge management system is helpful to motivate employees in their work. It helps to improve employees’ skills and knowledge towards the products and services. It is because; knowledge management system provides the platform for the employees to share their knowledge and experience with other employees or management level employees in the organization. Homework HelpWith the implementation of knowledge management system, Nokia increases the knowledge and improve their innovation activities and capabilities to design and produce a new product for the customers in the market (Jawadekar 2011).
Business strategy of Nokia is to develop the relationship with Microsoft Corp. to create effective ecosystem for the customers. With the help of Microsoft Corp, Nokia can increase the knowledge of employees to provide training in order to better assessment of new technology and products. It can helpful for the company to motivate employees towards the customer satisfaction. This can help company to create competitive advantages from the international market (Marks 2002).

Identify Best Practices:


In support of implementation of effective knowledge management system in the company, it is argued that KMS helps the company to identify their best practices in the international market. It helps the company to create effective innovation and also helpful to sustain their market share.Assignment Writing Knowledge management system is also helpful for the organization to find out the way to how work actually gets done in the organization. It helps the company to create effective their processes from innovation to produce or market their products in the international market (Dalkir 2005).

Reduce Substitutes:

With the help of effective KMS, Nokia can reduce the substitutes and competitors in international market. It is because; in nature tacit knowledge is a sticky process that resists the transfer to new group or settings. That helps the company to save their tacit knowledge and creates the challenges for others to gain or achieve company’s tactic knowledge. An effective KMS also helps the company to increase in ability to innovate of different products and provide effective services to the customers in the domestic as well as in international market (Jawadekar 2011). An effective KMS helps the company to establish a policy that creates sustainable market environment for the company to survive in the international market.


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Tuesday, December 6, 2011

Knowledge Management

In today’s perspective, most of the organizations use knowledge management in order to reduce the competitive pressure and achieve their long term goals and objectives.Assignment Help In today’s competitive world, it is essential for all the organization to increase their knowledge and information to compete with other organization not only in same industry but also from other industries (Stary and Hawamdeh 2007). Increased information and knowledge management helps the organization to create innovate products in the market that attract more customers and enhance the market image in the international market

Nokia followed knowledge management in order to achieve the goals and objectives in long term. Knowledge management helps Nokia to move from hierarchical structure to a network based learning organization. The knowledge management system of Nokia supports the strategic goals and objectives that are achieve global efficiency and effectiveness, learning across organizational boundaries and create local flexibility and responsiveness. In order to achieve strategies goals and objectives, company listens carefully to the voice of customers. It helps the company to provide more effective products to the customers in international market (Nokia 2011).

Nokia applied their knowledge management system to encourage innovation in its R&D and product development functions. It helps the company to provide latest technological products to the customer at low time. It is also helpful for the company to remain competitive in the international market.Homework Help Strategies of Nokia are more focuses on to create new strategic direction that includes the change in leadership and operational structure in order to create effective organizational speed to attract more customers in a competitive world (Nokia 2011). In the strategy, Nokia also focuses on build strategic relationship with Microsoft Corp. to establish a new winning mobile ecosystem.Assignment Writing Nokia’s strategy also includes the investments in different next generation technologies to capture and development of next generation customers towards the products and services at international market (Scullion and Collings 2010).


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References;

Scullion, H. and Collings, D. G. (2010) Global Talent Management. UK: Taylor & Francis.

Nokia (2011) About Nokia. [Online]. Avaliable at: http://www.nokia.com/about-nokia/company [Accessed: 1 October 2011].

Stary, C. and Hawamdeh, S. A. (2007) Knowledge management: innovation, technology and cultures : proceedings of the 2007 International Conference on Knowledge Management, Vienna, Austria, 27-28 August 2007. UK: World Scientific.

Friday, December 2, 2011

Merger and Acquisition and Performance of Companies


Delaney & Wamuziri (2004) examines the impact of Merger and Acquisition on shareholders wealth in the UK construction industry with a sample of target firms and bidding firms.Assignment Help They investigate the financial performance of the companies during the merger announcement and after the merger (Delaney & Wamuziri 2004). This study includes an observation period of 20 days before and 20 day after the merger to examine the impact of merger on performance of the companies. In order to evaluate the financial performance, the accounting data has been used as tool of analysis in this study. Delaney & Wamuziri (2004) states that the M&A has generate significant positive gains for the target company’s shareholders in terms of increase in stock price.

They found that the share price of most of the target companies has increased during the announcement and after the merger. According to this study, the shareholders of most of the target companies have gained because of the M&A process (Delaney & Wamuziri 2004).

It is also found that the announcement of M&A by the target companies has given the higher abnormal return to the shareholders. On the other hand according to the Kumar (2009), the financial performance of the merged companies has showed no improvement in comparison to pre merger values.Homework HelpIn order to evaluate the financial performance, the accounting data has been used as tool of analysis in this study.

Pazarskis, Vogiatzogloy, Christodoulou & Drogalas (2006) investigates the post merger operating performance of fifty companies that executed at least on e merger in the period from 1998 to 2002 in Greece. This study measures post merger performance of the companies with the help of financial and non financial variables. In this study, the result of the hypothesis testing of financial ratio analysis explains that the profitability, return on assets and gross profit margin ratio is decreased after the merger (Pazarskis, Vogiatzogloy, Christodoulou & Drogalas 2006). According to this study, the profitability of the companies has decreased due to the merger or acquisition event.

On the other hand according to the Delaney & Wamuziri (2004), the financial performance of the companies has increased due to the increase in shareholders’ value through increase in stock price.

References:

Cherunilam, F, 2007, International Business: Text and Cases, 4th edn, PHI Learning Pvt. Ltd.

Delaney, F.T & Wamuziri, S.C, 2004, The Impact of Merger and Acquisitions on Shareholders Wealth in the UK Construction Industry, Engineering, Construction and Architectural

Management, Vol.Assignment Writing 11, no.1, pp. 65-73.
Kumar, R, 2009, Post Merger Corporate Performance: an Indian Perspective, School of Management, Vol. 32, no.2, pp. 145-157.

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