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Unit 1: Marketing: Scope and Concepts




          5.   'Customer value is the key to brand loyalty'. Discuss.                           Notes
          6.   Draw and explain a hypothetical value chain for a textile company.
          7.   What is relationship marketing? Make a relationship marketing plan as per your
               knowledge.
          8.   What are the reasons which indicate that consumers are less loyal now than in the past?
               List certain companies where consumers are loyal and discuss the factors leading towards
               this situation.
          9.   Discuss the concept of marketing mix. Explain the marketing mix of any one FMCG
               company, in brief.
          10.  'Acquiring new customers vs. retaining old customers'. Give your viewpoints on the
               issue.

          Answers: Self Assessment

          1.   True                             2.   True

          3.   False                            4.   False
          5.   Selling                          6.   Industrial Revolution
          7.   Product, consumer                 8.  Selling

          9.   (a)                               10.  (d)
          11.  (b)                              12.  (c)
          13.  True                              14.  False
          15.  False                            16.  Long term success
          17.  De-marketing


          1.9 Further Readings




           Books      Rajan Saxena, Marketing Management, Tata McGraw Hill, 2002
                      Ramasamy & Namakumari, Marketing Management, Macmillan India, 2002
                      Ramphal and Gupta, Case and Simulations in Marketing, Galgotia, Delhi
                      S. Jayachandran, Marketing Management, TMH, 2003

                      SHH Kazmi, Marketing Management, Excel Books, New Delhi



          Online links  www.hindustanstudies.com/files/coreconcepts.pdf
                      http://www.netmba.com/marketing/concept/

                      http://www.jimnovo.com/Relationship-Marketing-more.htm
                      http://www.realinnovation.com/content/c081103a.asp
                      http://www.wisegeek.com/what-is-customer-value.htm





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