CHAPTER FOUR
FINDINGS AND ANALYSIS
The management of Tick School said they appeal to niche market for families that do not want to go to government schools but cannot afford the high cost schools. As a result Tick School is strategically located near the middle class society of Zambia. It has been in the business for twenties year. Ticks aim is to give ‘Pupils from different backgrounds can confidential develop into good citizens of the country and the world as a whole. They believe this can be done by providing quality education to pupils.
We asked management about the changes in the market. It had been highlighted that technology is changing rapidly. There has been introduction of ZeduPad which is a tablet used to educate students. However,
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There are little signs of change in the market. New entrants sometimes do not manage to stay in the market as a good reputation is important to attract customers. It was agreed by 85% of management that customers wants and needs have not significant change over the past years. They still want good standard of education for their children. However, this does not mean that there is no room for growth. Tick School could provide a new service and create a need in their customers.
Tick School provides products and services that meet general needs of customers rather than satisfying individual needs. It may be too much of a task for Tick try meeting every customer’s needs. This strategy makes them more efficient at providing good quality services that meet everyone’s general needs. Maslow hierarchy states that there various levels to needs of people. The lowest in need is basic need which is the same as education. People need their basic need of education to be fulfilled in order to move to next
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Theses must have same characteristics as business objectives. It is important that they are measurable and time-bound to help effectively control the implementation of strategy and identify weaknesses. It is important to know measure the success of a strategy by the standard sets internal and externally with the competition.
Marketing strategy helps you deal with changes in the market. The only constant is change. Company need to cope well with change to be successful.
5.3 MARKET RESEARCH
It is important for management and staff to understand the market they operate in. As much information about the market has to be collected such as demographics and trends. Market research should be internal and external.
5.4 EXTERNAL RESEARCH
Competitors must be profiled. A better understanding of competition helps the company know how to react the market changes as they are able to predict responses. Companies can also learn from competitors on how to implement strategy and new opportunities.
5.5 LEGISLATION
The legislation in Zambia is always changing. It is important that Tick schools keep up with the changes in order to avoid any negative
Poverty is a crippling situation which can stagnate the development of individuals. Insufficiency in a society can affect persons in more ways than one. Those experiencing a substandard way of living may not be able to obtain quality education which can cause a lack of sufficient employment. Lower paying jobs will more than likely not include quality health insurance for the employee.
EYE37WB-2.1 Describe areas of learning and development within the current framework which relate to school readiness. Prime areas of learning Specific areas of learning Persona, social and emotional development • The development of the children‘s confidence. • How children manage their feelings.
The purpose of market research is to understand customer behaviour this can be done by getting a specialist team to conduct a series of investigations this leads to fulfilling the needs of the customer. Businesses will choose to undertake market research, will have to look for the specific reasons for the use of the products For example Ferrari will go out and do a series of investigations to see what type of people buy their
KETING STRATEGY A marketing strategy is a process or model to allow a company or organization to focus limited resources on the best opportunities to increase sales and thereby achieve a sustainable competitive advantage. Or it is a process or model to allow a company to focus limited resources on the best opportunities to increase sales and there by achieve sustainable competitive advantages. The marketing strategies of Hilton Garden Inn are as follows. Philip Kotler defines marketing as a social process used by the people, individually or in a group to achieve what they want by the creation or exchanging their product details and their values with others.
Firstly, the Boston Consulting Group (BCG) matrix that concentrate the market position of different products. Secondly, the experience curve and the Profit Impact of Market Strategies model which identified a number of strategic variables. Furthermore, competitive advantages model (Porter, 1985) which focus on five different forces in environment of organization, but suit with only stable market. Generic strategy was developed strategies under this school, especially it can identify position in the market. Advantages: -Provide content in a systematic way to the existing way of looking at strategy -Particularly useful in early stage of strategy development, when date is analyzed -This school emphasis on analysis and calculation can be a very strong support to the strategy development process -This strategy suit with big businesses or organization which have ability for operate effective market research in the environment
Kids these days are having more and more things to learn and to do and because of the new technology’s that schools are getting they can learn easier as well. That’s why schools are
Managing talent has emerged as one of the greatest problems faced by MNC’s in India. Using three examples from industry, illustrate how organizations are managing talent in their organization? In one of the interview by Mark Zuckerberg reveals his thought on talent “Hiring for talent is more relevant than hiring for experience.” He also mentioned Less-experienced new hires may be willing to take more risks and have more potential than people with good amount of experience while joining.