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Homework answers / question archive / 1
1. When developing marketing strategies, you need to be aware of your business' capabilities and resources. What do you need to consider for each of the following aspects?
Communication capabilities
E-business capacity
Equipment capacity
Financial resources
Hours of operation
Human resources
Staff skill levels
3. What is the purpose of Copyright? How is copyright managed?
4. Give 2 examples of reports you may generate to help analyse the effectiveness of marketing campaigns.
5. List 5 pieces of information you will need to perform a competitor analysis. Where could this information be sourced?
6. What needs to happen once promotional activities have been reviewed for their success or failure?
7. Name 3 factors that can affect the economic environment, and affect people's spending habits.