Explain and identify the product''s target market

Assignment Help Business Management
Reference no: EM1363333

Assume the role of Marketing Manager. Select a product (good or service) that is sold in the United States and has sales opportunities in a foreign market. Apply your critical thinking skills and the knowledge you have acquired throughout this course and address the following in your Final Paper:

Describe the product you selected in terms of the four utilities of customer value.

Identify the product's target market at home and in your stated foreign market.

Indicate the competition of the product category in both home and foreign markets.

Explain how you would apply the segmentation, targeting, and positioning (STP) approach to market the product in the foreign market.

Discuss the major environmental facts and trends in the foreign markets that might affect sales of the product.

Explain how you would develop, execute. and measure a campaign for this product considering the four p's (product, price, promotion, and place).

Discuss the U.S. and international ethical marketing considerations.

Reference no: EM1363333

Questions Cloud

Development of united states healthcare facilities : Describe the development of U.S. healthcare facilities in the 20th and early 21st centuries. What have been the major developments and primary drivers of change in U.S. healthcare facilities over the past one hundred years?
Illustrate what is fast food elasticity of demand : Illustrate what is Fast Food's elasticity of demand. What does elastic, inelastic, or neither tell us about the elasticity of demand.
Create visual basics application-functionality of gas pump : Create an visual basics application that simulates the functionality of the gas pump. The user enters the number of gallons to purchase and clicks the desired grade.
Find the work done by the field on the electron : find the work done by the field on the electron. What is the change in potential energy associated with the electron.
Explain and identify the product''s target market : Explain and Identify the product's target market at home and in your stated foreign market
Show privatization in managing a fund : Privatization in Managing a Fund - Can privatization play a part in managing/tracking the fund so that the people who actually paid into the system are the ones that are actually receiving the benefit?
Expense results with budget expectations : Identify how operating budgets are developed. Compare five to seven expense results with budget expectations, and describe possible reasons for variance.
What must be done to increase the velocity of a rocket : what must be done to increase the velocity of a rocket.  Calculate the horizontal force that must be applied to produce an acceleration.
Operations - critical path : Why would subcontractors for a government project want their activities on the critical path and under what conditions would they try to avoid being on the critical path?

Reviews

Write a Review

Business Management Questions & Answers

  What do you think about encrypted keys

Is that the same person who should have "keys" to employee data? Should there be a global Internet privacy policy

  What are google''s organizations superordinate goals

What are Google's organization's superordinate goals and how do these fit with the organization's staff, skills, structure, strategy, style and systems?

  Leadership style impact group communication

How does leadership style impact group communication? Use an example from your workplace to illustrate your answer.

  Supply chain - relationship management

Show why relationship management is so important in managing the supply chain. Provide examples of why building, and maintaining these relationships is important.

  Find the honda corporation''s new economy strategy

Find the Honda corporation's new economy strategy.  How does Honda employ the Internet and other recent (and emerging) technologies in its product or service offerings/development and marketing efforts?

  Investment to create comprehensive risk management program

Commit a significant investment to creating and implementing a comprehensive risk management program.

  Critical life experiences that shaped leaders

Reflect on the critical life experiences that have shaped one into the leaders we are today.

  Integrated health management information system components

Integrated Health Management Information System Components - Show the five major components of integrated health management information systems

  Issues in management and leadership

What can a managerial team do to avoid insufficient time devoted to strategic thinking do to too much time being spent on operational issues?

  Explain age discrimination in industrial workplace

How does the manager ethically and legally deal with someone who happens to be older and who truly cannot do the job and how are the ADA and ADEA similar; how are they different

  Ethically permissible or ethically required for cynthia

ethically permissible or ethically required for Cynthia to take the new job? Inspect Cynthia's choice from a utilitarian point of view

  Randomly sampling vs using a convenience sample

Find the advantages and disadvantages of randomly sampling vs using a convenience sample?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd