April 28, 2025
Barishal, Bangladesh

mirajul

BBA Principles of Marketing

What is an integrated marketing mix, and why is it important for a firm’s marketing strategy?

An integrated marketing mix refers to the cohesive combination of the 4Ps of marketing—Product, Price, Place, and Promotion—working together harmoniously to deliver a unified and consistent

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BBA Principles of Marketing

Why do companies segment markets? How does market segmentation relate market targeting?

Why Do Companies Segment Markets? Market segmentation is the process of dividing a broad consumer or business market into smaller, more manageable groups

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BBA Principles of Marketing

Why would a firm sell a major brand or business to another firm? Please provide an example.

A firm may sell a major brand or business to another firm for several strategic or financial reasons, including: Common Reasons for Selling

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BBA Principles of Marketing

What key roles does marketing play in a firm’s strategic planning?

Strategic planning is a process in which an organization’s leaders define their vision for the future and identify their organization’s goals and objectives. Marketing

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BBA Principles of Marketing

What are the two steps involved in business portfolio planning? Why is each step important?

Portfolio planning is the process of evaluating and managing a company’s collection of business units, products, or investments to ensure optimal performance and

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BBA Principles of Marketing

Why is marketing as important for not for profit organizations as profit driven ones?

Marketing is just as important for not-for-profit organizations (NPOs) as it is for profit-driven businesses, though the goals may differ. Here’s why: 1. Visibility & Awareness NPOs

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BBA Principles of Marketing

What is consumer-generated marketing? What are the challenges associated with consumer-generated marketing?

Consumer-Generated Marketing (CGM): Definition Consumer-generated marketing (CGM), also known as user-generated content (UGC) marketing, is a strategy where brands leverage content created by

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BBA Principles of Marketing

Discuss the concept of customer relationship management. Why is it essential that a business incorporates this in its operations?

Concept of Customer Relationship Management (CRM) Customer Relationship Management (CRM) refers to the strategies, technologies, and practices that businesses use to manage and

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BBA Principles of Marketing

Marketers calculate and track customer-centered metrics to assess their performance, such as customer lifetime value customer equity. How are these two measures related?

Customer Lifetime Value (CLV) and Customer Equity are closely related metrics that both focus on the long-term value of customers to a business,

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BBA Principles of Marketing

What are the five marketing orientations, and what do marketing managers prioritize when operating under each?

Marketing orientations (or philosophies) refer to the guiding principles that shape how a company approaches its marketing efforts. There are five primary marketing orientations,

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