Managing
the marketing function begins with a complete analysis of the
company’s situation. The marketer should conduct a SWOT
analysis,
by which it evaluates the company’s overall strengths (S),
weaknesses (W), opportunities (O), and threats (T) (see Figure
2.7).
Strengths include internal capabilities, resources, positive
situational factors that may help the company to serve its customers
and achieve its objectives. Weaknesses include internal limitations
and negative situational factors that may interfere with the
company’s performance. Opportunities are favorable factors or
trends in the external environment that the company may be able to
exploit to its advantage. And threats are unfavorable external
factors or trends that may present challenges to performance.
“make
people happy around the world by selling the highest quality, most
creative ice cream experience with passion, excellence, and
innovation.”
“To
organize the world’s information and make it universally accessible
and useful.”
business
portfolio—the
collection of businesses and products that make up the company. The
best business portfolio is the one that best fits the company’s
strengths and weaknesses to opportunities in the environment.
Business portfolio planning involves two steps. First, the company
must analyze its current
business portfolio and decide which businesses should receive more,
less, or no investment. Second, it must shape the future
portfolio by developing strategies for growth and downsizing.
The
situation or SWOT analysis for my company that will sells snacks size
pot pie in bars. The goals is be selling this snacks in bars around
the world but mostly in London bars. This snacks will go well top
selling beers or any type of alcohol. The research I'll have done
with my snacks is that people like pot pie because it reminds them of
their childhood smelling the pie although the house.
At
first people I'll have talk to they thought the snacks wouldn't go
well in bars because the snacks is to feminine to be in bar. But
after talking to a few guys that I have known they thought the snacks
would be different and also let the guys have a small reminder of a
home cook meal from mom. Also not only guys goes to bars but ladies
goes to bars as well. No person can turn down a pot pie that goes
well with any type of alcohol. It well be a top seller in any bars in
London and across the world.
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