P3.1 Analyze the role of sales teams within marketing strategy. Your sales and marketing team has a substantial influence on the profitability of the business. You have to define roles that reflect the strengths of your products and assign responsibilities for achieving the sales performance required by the company. When your marketing strategy builds on the roles taken on by the members of your team, they can set achievable targets and take responsibility for meeting their objectives Market Segments The roles assumed by the members of your sales and marketing team depend on the products you offer and how you segment your markets. For example, if your products are highly technical, a
There are three essential management functions of an executive, and these are: 1. Securing essential efforts from the employees as well as the stakeholders of the firm 2. Providing a good communication system to coordinate various activities of the firm 3. Setting up the purpose, goals, and activities for an organization delegating responsibility to various sub-units to accomplish the goals. Elements of Management Control
They take all the information about the department and team performance then the manager has to be the knowledge of management through that they have to set the goal for the organisations. This both well helps in taking the decision of goal and mission in the organisation. Information and knowledge for operational decision: this decision has to be taken by the lower level management. Their manager has to know the information about the production work and the information about workers and there need for performing there effective. Knowledge should bee needed of the production and operations work.
2) Design: The structure of the organization and clear definition of the roles and responsibilities of the various designations. 3) People: Efficient translation of business strategy into people strategy, so that the employees having the right kind of skill and attitude for the organization can be recruited, retained and promoted to the right kind of
Some of those expectations are; staying aware of the big picture, always creating a productive environment for your employees, make decisions on your own, implement new programs and methods and teach effectively. The role of a manager is to set goals, show effective behavior, have the ability of decision-making, time and money management, have communication and meeting skills, motivate and give correct training to others. You should always plan every course of action of the company, learn from previous mistakes, and gain respect from your own team. You should never be afraid of taking a
The stores should be opened in rural areas. For people in metros and under developed and developed countries the online reach of each and every product should be established. Q5: Develop a written summary and specific recommendation for the implementation of your plan. Implementation of the marketing plan can be achieved via Organizing, executing, monitoring and evaluating. With organizing, the organization needs to have organizational structure in place to implement its marketing plan.
Project management involves the co-ordination of the work carried out by all the teams, checking of the work done, approving changes before execution etc. 2. Scope Management : This is to be done before the execution of the project starts. The scope and direction of the project is decided and a plan is drafted in order to stick to the decided direction. 3.
Managers want to know what products are best to manufacture now, but also desire to know where they should focus their efforts in the future. Managers use the information to develop strategies and specific goals for the future. Planning requires that managers align the company’s purposes with its available resources. A manager’s ability to forecast depends on the budgets developed by accountants and lead to organizations
The goals are to show where the company wants to develop and the strategy is to show how to achieve these goals. 1)The company as a whole requires an overall strategy, a strategy that plans for every functional division — research & development, procurement, production & operation, market promotion, finance, customer service, information system. Below presents the five most common corporate strategies: ·Overall Cost Leadership： Under this strategy, the company pursues the minimum production and sales costs to win larger market share with the price lower than those of the competitors. Companies following Overall Cost Leadership should be equipped with expertise in engineering management, procurement, manufacturing and entity
Firstly, top manager secondly middle managers followed by first line manager and lastly team leaders. Top manager is responsible for controlling the organization and hold positions like chief executive officer which known as CEO, followed by chief operating officer as well known as COO, chief financial officer that stands as CFO and lastly chief information officer which were known as CIO. Each of these managers has different role and responsibilities in an organization. Firstly, top managers have to create a context for change in the organization. This means they (manager) have to come up with something new in their company, for example, “Nokia Company” (communication company) were a hit back then.