Exam 3 Syllabus Mem Flashcards
3 influences on marketing
- consumer choice
- consumer laws
- ethical
Factors influencing consumer choice…4
- Phycological
- sociocultural
- economic
- government
First 3 marketing strategies
- Market segmentation
- differentiation
- positioning
Products - goods and or services - dot points beneath 2
- Branding
- packaging
Price dot point 3 methods, 4 strategies, one other.
- Methods - cost, market, competition
- strategies - skimming, penetration, loss leaders, price points
- price and quality interaction
Elements of the promotion mix 6
- Advertisign
- personal selling
- relationship marketing
- sales promotions
- publicity
- public relations
Place dot point 3
- Distribution channels
- channel choice - intensive, selective, exclusive
- physical distribution issues - warehousing, transport, inventory.
Extended Ps
People, processes, physical evidence.
Under global marketing…5
- Global branding
- Standardisation
- customisatoin
- global pricing
- competitive positioning
Marketing strategies….MPPPPPEG
- Market segmentation, differentiation, positioning
- Product
- Price
- Promotion
- Place
- People
- Emarketing
- Global Branding
Short term debt sources
Overdraft, commercial bills, factoring
long term debt sources 4
mortgage, debentures, unsecured notes, leasing
7 financial insitutions
Banks, investement banks, finance companies, super, life, ASX, unit
influence of government 2
ASIC, company tax
global market influences
economic outlook, avaliability of funds, interest rates.
PLanning and implementing F 5+2
- finaical needs, budgets, record systems, financial risks, financial controls,
- debt and equity finance
- matching source to purpose
Monitoring and controlling F
3 statments
Fincial ratios dot points
- Liquidity
- solvency
- profitability
- efficiency
- comparative ratio analysis
gearing ratio
TL / TE
expense ratio
expenses / sales
ACC rec turnover ratio
sales / accounts recc
6 limitations to finanical reports.
- normalised earnings
- capitalising earnings
- valuing assets
- timing issues
- debt repayments
- notes