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Non Technical (73) 6. NEED OF ONGOING MANAGEMENT CYCLE( Case Study ) Sidney Greenburg was appointed the position of the director of marketing for a small electronics component manufacturer. The company had its revenues growing at the rate of 20% each year and in 1982, they were at 30 million level The president felt that the growth of the company required serious planning efforts to determining strategies product emphasis and new product development. Mr. Greenburg realising the need to develop the marketing plan developed a suggested format to obtain inputs from his regional sales managers. The format to obtain divided into two parts (a) territory brief for established status of sales activities and (b) territory plan asked for identification of key goals, strategy & resources required to accomplish stated goals. Sales forecast by products was requested for 3 plan Yrs. Tom Rosenfield was the marketing manager for Europe He was previously in the engineering department & was assigned to Europe because of his technical& Foreign language capabilities. He replied to Mr.Greenburg as follows: “While I will complete the forms on the country brief& country plan promptly I have some conceptual problems with them time& time again we have been requested for projected figures I remember putting together a presentation for the Executive Vice-President (VP) & Treasurer last year. Great we educated those guys but what are the results of such formality? The projections have not yielded specific results, resources are used at a minimal level & we are not generating needed sales. So it is my contention that while goals projections& forecasts provide immeasurable guidance for a company with stable sales & developed product lines, for us a fledglings (young) industry, they distract from the job at hand. My plan has always been to hit the market- as hard I am able & I believe this should hold true for all other regional managers. We have large amounts of resources held up in ineffective’ marketing planning efforts such as these need to redirect these efforts to self rather than compile data. We need more people beating the pavement (action) rater than sitting on their desks developing plans& strategies (contemplation) Sell, sell, sell. Get the backing as big as possible. Planning is wasteful. Let us concentrate on aggressive sales & optimize sales volume at any cost. A. What has Mr.Greenburg not done to accomplish his planning tasks? B. Is Mr.Rosenfield right in making his comments in response to Mr. Greenburg’s request? C. Is Mr. Rosenfleld performing his management function. D. What would you do if you were Mr.Rosenfleld’s boss?
2845if the customer is dissatisfied with the service of ur company, how will you handle the customer? write the steps
HDFC,
5 9172i am 28 years old. how can i get a best degree only for commerce and accounting?i mean like b com but i dont want to study subjects other than subjects that come under commerce and accounting for b.com
1 3840as a logistic manager in an aviation company,what are 5 steps you would take to ensure that your company regain the lost market share,after dwindling sales of tickets?
2105What are the probable question that may be asked in Credit Officers in Syndicate Bank to be held on 03/03/09 ?
1 4500
How many bank exams(or)interviews have you attended so far?
What are two questions that an owner might be able to answer by looking at accounting information?
What is Crisil?
Define BPL?(explain in terms of numerical values-refer to planning commission website)
Please send all the previous year question on SBI clerical post.My e-mail ID is raffiq1182@yahoo.com
Is inflation good or bad for the economy?
What is the current CRR and SLR?
What is the logo of Bank of Baroda know as?
Explain About Openpages Model Risk Governance?
How far are the different government schemes useful to the poor?
(b) Explain how to insert a hyperlink in to an Excel worksheet and save a Word document as a Web page.
What Are The Different Types Of Loans Offered By Banks?
What are the different types of Securities Market?
what is capitalization? What is its importance?
theoretically, i know the difference between the three types of RFQ (Catalog, Standard, and Bid), but all i need is a practical example for each one to understand the differences. I'll appreciate your responses.