Tuesday, 5 February 2013

The definition of Marketing: Putting the right product in the right place, at the right price, at the right time.

Take a look at this website about The Marketing Mix
http://www.mindtools.com/pages/article/newSTR_94.htm

Stakeholders (fo-shizzle)


Stakeholder

Stakeholders can sometimes be confused for these people--------------------->

However, by reading this blog i will clearly outline what a stakeholder is.

So... What is a stakeholder?
A stakeholder is somebody who has an interest in the company, for instance families are prime stakeholders in a business because they care about the safety of the person from the family which is working for the company. Another stakeholder could be the bank. The bank would care greatly about a business because if a loan was taken out, they would want the business to pay it back as soon as possible.

What a stakeholder actually looks like...----------->

Ironically, stakeholders come in many shapes and forms, some care about a businesses well being and some care more for financial measures.
Even if they care for money or your stability they still care about you and that is all that counts.

Y10 Revision Today!

Hi Y10,

Your task is to create a revision tool for one of the topics we have studied...

You could:
Create a mindmap of all the key concepts
You could create some quiz questions that another student has to answer (and then blog them)
You could create a poster and then photocopy for all students to put in their book...
You could find an interesting article and write some quiz questions!

The list is endless!!

Here are the topics we have studied:
  • EntrepreneursSpotting an opportunity (gap in the market)Customer Needs/Service/SatisfactionCompetitionMarket MappingWhy start up a business?FranchisesEnterpriseGoods/ServicesInvention/InnovationPatents/Copyright/TrademarksCosts/Fixed/VariablePrice/RevenueEstimating profitCashflowSources of FinanceMarketing MixLimited/unlimited liabilityRecruitmentEqual OpportunitiesSupply and DemandInterest RatesBusiness CycleStakeholders