And market share are the main objectives the business

Marketing convinces the market to purchase the product by advertising or marketing its product and stating its best quality to the market. This howver helps in increasing the sales of the firm through marketing.

• Grow market share

portfolio analysis is an auxiliary tool used by marketers to make product-market combinations (portfolio) decisions. A prerequisite for internal analysis to investigate the strengths and weaknesses of a company. Portfolio analysis currently provides answers to questions about the performance of Osotomontu.

Portfolio analysis is used by the marketer to make decisions whether or not the product will profitable. Are there any expected changes in comparison to competitors? There are various techniques you can use to provide answers to these questions.

Certain

specific goals are much more likely to be achieved than general goals. Provide enough details so that the participant does not have a decision about exactly what to do. An example of a general goal is “I will increase the consumption of fruits and vegetables.” However, the specific goal is “I will increase the consumption of fruits and vegetables including one meal per day.

Realistic

You can start with small things, do things that participants can do, and experience them with participants. The joy of achieving their goals. After redefining the goal of meeting the participant's parent or guardian, the strength of the goal is gradually increasing. Is an example of a goal for WIC participant's meal budget to “increase consumption of fruits and vegetables, including one meal per day”? If not, it is advisable to redefine the goal.

7. Explain the balanced score-card strategy performance management tool.

A good result of using a balanced scorecard will make it easier to observe performance in multiple areas. If you consider all aspects of your work, you can tell which areas are strong or which areas are weak. By looking at just one aspect of performance, you can determine whether there is an overall problem or not, but you don't have the information you need to fix the situation. For example, Steve is the manager of the creation section of a grocery store. Traditionally, his manager looked at his profit and loss figures and decided he was a good manager or a bad manager. But see what happens when you add the other 3 areas of responsibility to your balanced scorecard.

direction Differentiation in the horizontal direction refers to differentiation regardless of the quality and price of a product. Instead, these products offer the same for the same price. When making decisions about horizontally differentiated products, it often comes down to the personal taste of the customer. Horizontal differentiation example: Pepsi vs. Coca-Cola, bottled water brands, types of dish soap.

Vertical Differentiation

Cost and resources

Customer requirements for resources and costs are constantly changing over time and companies can ignore this. Companies that continuously recreate products often ensure customer loyalty but perform market research to understand customer needs, product development, launch, advertising, and surveillance in order to differentiate their products. Requires resources. Customers will eventually bear these costs by purchasing these products at a higher cost.