EMS marketing and production function

Cards (27)

  • Business functions
    • Marketing
    • Production
    • Human Resources
    • Purchasing
    • Finance
    • Public Relations
    • General Management
  • Marketing function
    Identify and satisfy the customers' needs and to bring the product/service within an easy reach of the customer
  • Role of marketing function
    • Decide on the appropriate marketing mix for the product/service
    • Determine the best promotion methods to get maximum attention
    • Understand their customers by determining the target market and regularly doing market research
    • Design logos, slogans and ensure they are registered
    • Create brand awareness
  • Marketing mix
    The four P's used by marketers to achieve the marketing department's objective: Product, Price, Place, Promotion
  • Advertising
    • Inform, persuade and remind the consumer about the product/service
    • AIDA: Attract Attention, Spark Interest, Develop desire to own, Result in action
  • Sales promotion
    • Offering discounts, competitions, free samples
  • Publicity
    • Sponsoring a sports event or creating an event to build awareness between the business and the public
  • Direct marketing

    • Promoting products electronically through social media, e-newsletters, websites and other forms of online advertising
  • Brand
    Allows one business to distinguish its product from another
  • Trademark
    A registered symbol or sign on a manufacturer's item that ensures the product is of a certain quality
  • Logo
    The symbol or diagram attached to a brand
  • Slogan
    Used in advertising to create an association to the product
  • Brands representing quality
    • Nike
    • Coca-Cola
  • Logo and slogan representing quality
    • Logo: Apple
    • Slogan: "Just do it"
  • Advantages of having a good brand, trademark, slogan or logo
  • Well-known slogans
    • McDonald's: "I'm lovin' it"
    • Red Bull: "Red Bull gives you wings!"
    • FNB: "How can we help you?"
  • Market research
    Identifying and satisfying the customers' needs
  • Production function
    The manufacture or assembly of goods to ensure they are produced on time, are of the right quantity and quality
  • Role of production function

    • Decide on the best production method
    • Ensure the production process is uninterrupted and efficient
    • Determine what part of production will be automated or performed manually
    • Determine how much stock to have available to meet customer demand
  • Just-in-time system
    A system where suppliers know they have to deliver goods just as they are needed, rather than the manufacturer having to store large quantities of stock
  • Disadvantages of storing too much stock
  • Automation
    Machinery or robots that perform jobs that are normally dangerous for humans, following a programmed routine
  • Advantages of automation
    • Workers are protected from dangerous work
    • Work is done more efficiently
  • Effects of automation on the economy in recent decades
  • Production systems
    • Jobbing (unique products made to customer order)
    • Mass production (high volumes of identical products)
    • Batch production (products produced in groups or batches)
  • Human resources function
    Looking after the staff or employees of an organisation to ensure they are well-trained and committed to the goals of the business
  • Main tasks of the human resources manager
    • Recruitment
    • Selection
    • Induction
    • Training and development