SlideShare a Scribd company logo
SUBJECT:
Strategic Marketing Management (SMM)
ASSIGNMENT ON:
Solve the Given Problems
SUBMITTED TO:
Sir Adnan Pitafi
SUBMITTED BY:
Varda Shaikh___18S-MBA-BS19
Problem-1
According to problem definition process, the next and final step is research hypothesis. Research
hypothesis is made to answer the research questions.
ResearchHypothesis:
 People will buy the candy closest to them at the canteens of workplace/institutes. So if the
company wants to get the most market share of their product, they should make it available
to the places like that.
 When the new product introduce in the market, people usually attract towards it to try at least
once, so the trial rate is high.
 The new product cannibalization depends upon the market acceptance of new candy. If
people will like the new taste, then the cannibalization may occur.
 In particular consumer segments, children maybe more interested in buying the new flavor of
a candy.
Problem-2
ResearchHypothesis:
 Service features on which franchise should be evaluated; may include:
 Taste of food
 How quickly the food is served
 Restaurant Cleanliness
 Restaurant staff ambience
 Dining experience
 Atmosphere
 Price factor
 The food evaluation card, based on the likert scale should be presented to the customers
at the end of their meal. It would be helpful to get the customer’s perceived value of each
service.
 Sometimes perception of service vary by meal, for example if the restaurant is offering
desi food, Italian or fast food items under one roof, it might be possible they are good in
everything but best in one thing. So if the different set of customers ordering the different
cuisine, they might perceive their services differently.
 But the perception of service do vary in specific days like if people keep visiting the
same restaurant in particular festivals like eid, new year eve or any other special
occasion, when the restaurants are more busy due to the lot of customers. Due to this they
won’t keep their services on the same level as they promised in regular days.
 Yes, the regional differences may occur across the franchise in terms of service provided
for example in china, a Chinese franchise may serve the noodles with the chopsticks to its
customers but same Chinese franchise in Pakistan will serve differently, it will serve the
meal with the spoons and forks.
Problem-3
ResearchHypothesis:
 Consider all the cost that has been incurred in preparing a product, also keep an eye on
the competitors on which price they are selling a similar product and then choose the best
pricing technique.
 Flexible pricing policies are positively related to the attitude towards the facility.

More Related Content

What's hot

Jbx tp
Jbx tpJbx tp
Mad bites disha bhojani roll no 20
Mad bites disha bhojani roll no 20Mad bites disha bhojani roll no 20
Mad bites disha bhojani roll no 20
dishabhojani
 
Boost sales--MT camp
Boost sales--MT campBoost sales--MT camp
Boost sales--MT campAndy Fan
 
Marketing Strategy Bread and Beyond Pakistan
Marketing Strategy Bread and Beyond PakistanMarketing Strategy Bread and Beyond Pakistan
Marketing Strategy Bread and Beyond Pakistan
Junaid Ashraf
 
Wegmans way retail mgt.
Wegmans way  retail mgt.Wegmans way  retail mgt.
Wegmans way retail mgt.Javed Sida
 
Honey popcorn
Honey popcorn Honey popcorn
Honey popcorn
01626555333
 
market segmentation exclusively his
market segmentation exclusively hismarket segmentation exclusively his
market segmentation exclusively his
Franklin Ayuson
 
Marketing management
Marketing managementMarketing management
Marketing management
Piyush Pundir
 
Business plan
Business planBusiness plan
Business planteoyuqing
 
Adv420 SUBWAY digital marketing strategy
Adv420  SUBWAY digital marketing strategyAdv420  SUBWAY digital marketing strategy
Adv420 SUBWAY digital marketing strategy
Stephanie Ho
 
Deepak fertilizers and petrochemicals corporation limited
Deepak fertilizers and petrochemicals corporation limited Deepak fertilizers and petrochemicals corporation limited
Deepak fertilizers and petrochemicals corporation limited
Siddhesh Kadam
 
Nabisco Marketing Plans & Strategies(sample)
Nabisco Marketing Plans & Strategies(sample)Nabisco Marketing Plans & Strategies(sample)
Nabisco Marketing Plans & Strategies(sample)
Md. Tanzirul Amin
 
Just In Case
Just In CaseJust In Case
Just In Case
Tomer Melman
 
Consumer audit
Consumer auditConsumer audit
Consumer auditAnand Soni
 
S.o.s marketing plan
S.o.s marketing planS.o.s marketing plan
S.o.s marketing planPanda Link
 
Lululemon Handout
Lululemon HandoutLululemon Handout
Lululemon Handout
Jake Gordon
 
10 step marketing plan for mang inasal ianne patrick santiago
10 step marketing plan for mang inasal ianne patrick santiago10 step marketing plan for mang inasal ianne patrick santiago
10 step marketing plan for mang inasal ianne patrick santiago
Ianne Patrick Santiago
 

What's hot (20)

Jbx tp
Jbx tpJbx tp
Jbx tp
 
Mad bites disha bhojani roll no 20
Mad bites disha bhojani roll no 20Mad bites disha bhojani roll no 20
Mad bites disha bhojani roll no 20
 
Muhammad Naveed CV
Muhammad Naveed CVMuhammad Naveed CV
Muhammad Naveed CV
 
Boost sales--MT camp
Boost sales--MT campBoost sales--MT camp
Boost sales--MT camp
 
Marketing Strategy Bread and Beyond Pakistan
Marketing Strategy Bread and Beyond PakistanMarketing Strategy Bread and Beyond Pakistan
Marketing Strategy Bread and Beyond Pakistan
 
Wegmans way retail mgt.
Wegmans way  retail mgt.Wegmans way  retail mgt.
Wegmans way retail mgt.
 
Live project 1
Live project 1Live project 1
Live project 1
 
Honey popcorn
Honey popcorn Honey popcorn
Honey popcorn
 
market segmentation exclusively his
market segmentation exclusively hismarket segmentation exclusively his
market segmentation exclusively his
 
Marketing management
Marketing managementMarketing management
Marketing management
 
Business plan
Business planBusiness plan
Business plan
 
Adv420 SUBWAY digital marketing strategy
Adv420  SUBWAY digital marketing strategyAdv420  SUBWAY digital marketing strategy
Adv420 SUBWAY digital marketing strategy
 
Pepsi marketing plan
Pepsi marketing planPepsi marketing plan
Pepsi marketing plan
 
Deepak fertilizers and petrochemicals corporation limited
Deepak fertilizers and petrochemicals corporation limited Deepak fertilizers and petrochemicals corporation limited
Deepak fertilizers and petrochemicals corporation limited
 
Nabisco Marketing Plans & Strategies(sample)
Nabisco Marketing Plans & Strategies(sample)Nabisco Marketing Plans & Strategies(sample)
Nabisco Marketing Plans & Strategies(sample)
 
Just In Case
Just In CaseJust In Case
Just In Case
 
Consumer audit
Consumer auditConsumer audit
Consumer audit
 
S.o.s marketing plan
S.o.s marketing planS.o.s marketing plan
S.o.s marketing plan
 
Lululemon Handout
Lululemon HandoutLululemon Handout
Lululemon Handout
 
10 step marketing plan for mang inasal ianne patrick santiago
10 step marketing plan for mang inasal ianne patrick santiago10 step marketing plan for mang inasal ianne patrick santiago
10 step marketing plan for mang inasal ianne patrick santiago
 

Similar to Solve the given problems

A Health Bar
A Health BarA Health Bar
A Health Bar
Shreyansh Kejriwal
 
Marekting management final
Marekting management final Marekting management final
Marekting management final
Lovely Professional University
 
Services Marketing.pdf
Services Marketing.pdfServices Marketing.pdf
Services Marketing.pdf
Akshat470463
 
MKTG321-01_Part3.doc
MKTG321-01_Part3.docMKTG321-01_Part3.doc
MKTG321-01_Part3.docMartin Diaz
 
Consumer behavior
Consumer behaviorConsumer behavior
Consumer behavior
Sundus Mumtaz
 
McDonald‘s Corporation
McDonald‘s CorporationMcDonald‘s Corporation
McDonald‘s CorporationMark Hany Gamal
 
Jolibee Marketing Plan
Jolibee Marketing PlanJolibee Marketing Plan
Jolibee Marketing Planrosasalee
 
Systems Engineering Study on McDonald's Baclaran branch
Systems Engineering Study on McDonald's Baclaran branchSystems Engineering Study on McDonald's Baclaran branch
Systems Engineering Study on McDonald's Baclaran branch
Jeanne Beatrix Go
 
Feasibility Study- Bakery
Feasibility Study- BakeryFeasibility Study- Bakery
Feasibility Study- Bakerysakurashu28
 
vdocument.in_feasibility-study-bakery.docx
vdocument.in_feasibility-study-bakery.docxvdocument.in_feasibility-study-bakery.docx
vdocument.in_feasibility-study-bakery.docx
Mohammad Shaar
 
Analytical Report On Nathu Sweet
Analytical Report On Nathu SweetAnalytical Report On Nathu Sweet
Analytical Report On Nathu SweetPujil Khanna
 
Marketing a food product
Marketing a food productMarketing a food product
Marketing a food product
Debbie-Ann Hall
 
Eatsa Marketing Proposal
Eatsa Marketing ProposalEatsa Marketing Proposal
Eatsa Marketing Proposal
Ariel Song
 
Markting Plan Presentation For MBA .pptx
Markting Plan Presentation For MBA .pptxMarkting Plan Presentation For MBA .pptx
Markting Plan Presentation For MBA .pptx
MahmoudAhmed829291
 
Cookies Stories - Relatório de Tendências
Cookies Stories - Relatório de TendênciasCookies Stories - Relatório de Tendências
Cookies Stories - Relatório de Tendências
Pollyanna Lange
 
Business plan assignment
Business plan assignmentBusiness plan assignment
Business plan assignment
gichstan
 
Retail Sales Technique
Retail Sales TechniqueRetail Sales Technique
Retail Sales TechniqueVikram Bothra
 
Tatse twister business plan
Tatse twister business planTatse twister business plan
Tatse twister business planSourabh Agrawal
 

Similar to Solve the given problems (20)

A Health Bar
A Health BarA Health Bar
A Health Bar
 
Marekting management final
Marekting management final Marekting management final
Marekting management final
 
FoodService Magazine
FoodService MagazineFoodService Magazine
FoodService Magazine
 
Services Marketing.pdf
Services Marketing.pdfServices Marketing.pdf
Services Marketing.pdf
 
MKTG321-01_Part3.doc
MKTG321-01_Part3.docMKTG321-01_Part3.doc
MKTG321-01_Part3.doc
 
Consumer behavior
Consumer behaviorConsumer behavior
Consumer behavior
 
New Store
New StoreNew Store
New Store
 
McDonald‘s Corporation
McDonald‘s CorporationMcDonald‘s Corporation
McDonald‘s Corporation
 
Jolibee Marketing Plan
Jolibee Marketing PlanJolibee Marketing Plan
Jolibee Marketing Plan
 
Systems Engineering Study on McDonald's Baclaran branch
Systems Engineering Study on McDonald's Baclaran branchSystems Engineering Study on McDonald's Baclaran branch
Systems Engineering Study on McDonald's Baclaran branch
 
Feasibility Study- Bakery
Feasibility Study- BakeryFeasibility Study- Bakery
Feasibility Study- Bakery
 
vdocument.in_feasibility-study-bakery.docx
vdocument.in_feasibility-study-bakery.docxvdocument.in_feasibility-study-bakery.docx
vdocument.in_feasibility-study-bakery.docx
 
Analytical Report On Nathu Sweet
Analytical Report On Nathu SweetAnalytical Report On Nathu Sweet
Analytical Report On Nathu Sweet
 
Marketing a food product
Marketing a food productMarketing a food product
Marketing a food product
 
Eatsa Marketing Proposal
Eatsa Marketing ProposalEatsa Marketing Proposal
Eatsa Marketing Proposal
 
Markting Plan Presentation For MBA .pptx
Markting Plan Presentation For MBA .pptxMarkting Plan Presentation For MBA .pptx
Markting Plan Presentation For MBA .pptx
 
Cookies Stories - Relatório de Tendências
Cookies Stories - Relatório de TendênciasCookies Stories - Relatório de Tendências
Cookies Stories - Relatório de Tendências
 
Business plan assignment
Business plan assignmentBusiness plan assignment
Business plan assignment
 
Retail Sales Technique
Retail Sales TechniqueRetail Sales Technique
Retail Sales Technique
 
Tatse twister business plan
Tatse twister business planTatse twister business plan
Tatse twister business plan
 

More from Hiba shaikh & Varda shaikh

Working Capital, Growth And Financial Needs, Foundations Of New Venture Valua...
Working Capital, Growth And Financial Needs, Foundations Of New Venture Valua...Working Capital, Growth And Financial Needs, Foundations Of New Venture Valua...
Working Capital, Growth And Financial Needs, Foundations Of New Venture Valua...
Hiba shaikh & Varda shaikh
 
Failed Business Model; Critical Analysis
Failed Business Model; Critical AnalysisFailed Business Model; Critical Analysis
Failed Business Model; Critical Analysis
Hiba shaikh & Varda shaikh
 
IDEO; a global design company
IDEO; a global design companyIDEO; a global design company
IDEO; a global design company
Hiba shaikh & Varda shaikh
 
Entrepreneurial finance
Entrepreneurial financeEntrepreneurial finance
Entrepreneurial finance
Hiba shaikh & Varda shaikh
 
Why nokia,toys r us, fujifilm and kodak failed?
Why nokia,toys r us, fujifilm and kodak failed?Why nokia,toys r us, fujifilm and kodak failed?
Why nokia,toys r us, fujifilm and kodak failed?
Hiba shaikh & Varda shaikh
 
Business model canvas of ITunes,GOOGLE, Twitter, Skype and Social enterprise
Business model canvas of  ITunes,GOOGLE, Twitter, Skype and Social enterpriseBusiness model canvas of  ITunes,GOOGLE, Twitter, Skype and Social enterprise
Business model canvas of ITunes,GOOGLE, Twitter, Skype and Social enterprise
Hiba shaikh & Varda shaikh
 
Portfolio Management for New Product Development
Portfolio Management for New Product DevelopmentPortfolio Management for New Product Development
Portfolio Management for New Product Development
Hiba shaikh & Varda shaikh
 
Portfolio Management for New Product Development
Portfolio Management for New Product DevelopmentPortfolio Management for New Product Development
Portfolio Management for New Product Development
Hiba shaikh & Varda shaikh
 
SPOTIFY; A CASE STUDY
SPOTIFY; A CASE STUDYSPOTIFY; A CASE STUDY
SPOTIFY; A CASE STUDY
Hiba shaikh & Varda shaikh
 
Casper; a case study
Casper; a case studyCasper; a case study
Casper; a case study
Hiba shaikh & Varda shaikh
 
New venture finanacing
New venture finanacingNew venture finanacing
New venture finanacing
Hiba shaikh & Varda shaikh
 
KHALIDA BROHI; WOMAN ENTREPRENEUR,WHO INSPIRES THE MOST
KHALIDA BROHI; WOMAN ENTREPRENEUR,WHO INSPIRES THE MOSTKHALIDA BROHI; WOMAN ENTREPRENEUR,WHO INSPIRES THE MOST
KHALIDA BROHI; WOMAN ENTREPRENEUR,WHO INSPIRES THE MOST
Hiba shaikh & Varda shaikh
 
WOMAN ENTREPRENEUR,WHO INSPIRES THE MOST-KHALIDA BROHI
WOMAN ENTREPRENEUR,WHO INSPIRES THE MOST-KHALIDA BROHIWOMAN ENTREPRENEUR,WHO INSPIRES THE MOST-KHALIDA BROHI
WOMAN ENTREPRENEUR,WHO INSPIRES THE MOST-KHALIDA BROHI
Hiba shaikh & Varda shaikh
 
What Makes Any Advertisement GREAT
What Makes Any Advertisement GREAT What Makes Any Advertisement GREAT
What Makes Any Advertisement GREAT
Hiba shaikh & Varda shaikh
 
Rewari walay Haji Rabri
Rewari walay Haji RabriRewari walay Haji Rabri
Rewari walay Haji Rabri
Hiba shaikh & Varda shaikh
 
The Rise and Fall of Nokia By by Juan Alcacer, Tarun Khanna and Christine Sni...
The Rise and Fall of Nokia By by Juan Alcacer, Tarun Khanna and Christine Sni...The Rise and Fall of Nokia By by Juan Alcacer, Tarun Khanna and Christine Sni...
The Rise and Fall of Nokia By by Juan Alcacer, Tarun Khanna and Christine Sni...
Hiba shaikh & Varda shaikh
 
The Dark Side of CPEC
The Dark Side of CPECThe Dark Side of CPEC
The Dark Side of CPEC
Hiba shaikh & Varda shaikh
 
Argument on “The Things They Carried; the Man I Killed” by Tim O’Brien
Argument on “The Things They Carried; the Man I Killed” by Tim O’BrienArgument on “The Things They Carried; the Man I Killed” by Tim O’Brien
Argument on “The Things They Carried; the Man I Killed” by Tim O’Brien
Hiba shaikh & Varda shaikh
 
How product concept and the product design specifications are important in th...
How product concept and the product design specifications are important in th...How product concept and the product design specifications are important in th...
How product concept and the product design specifications are important in th...
Hiba shaikh & Varda shaikh
 
Product Specification Process & Concept Generation Process
Product Specification Process & Concept Generation ProcessProduct Specification Process & Concept Generation Process
Product Specification Process & Concept Generation Process
Hiba shaikh & Varda shaikh
 

More from Hiba shaikh & Varda shaikh (20)

Working Capital, Growth And Financial Needs, Foundations Of New Venture Valua...
Working Capital, Growth And Financial Needs, Foundations Of New Venture Valua...Working Capital, Growth And Financial Needs, Foundations Of New Venture Valua...
Working Capital, Growth And Financial Needs, Foundations Of New Venture Valua...
 
Failed Business Model; Critical Analysis
Failed Business Model; Critical AnalysisFailed Business Model; Critical Analysis
Failed Business Model; Critical Analysis
 
IDEO; a global design company
IDEO; a global design companyIDEO; a global design company
IDEO; a global design company
 
Entrepreneurial finance
Entrepreneurial financeEntrepreneurial finance
Entrepreneurial finance
 
Why nokia,toys r us, fujifilm and kodak failed?
Why nokia,toys r us, fujifilm and kodak failed?Why nokia,toys r us, fujifilm and kodak failed?
Why nokia,toys r us, fujifilm and kodak failed?
 
Business model canvas of ITunes,GOOGLE, Twitter, Skype and Social enterprise
Business model canvas of  ITunes,GOOGLE, Twitter, Skype and Social enterpriseBusiness model canvas of  ITunes,GOOGLE, Twitter, Skype and Social enterprise
Business model canvas of ITunes,GOOGLE, Twitter, Skype and Social enterprise
 
Portfolio Management for New Product Development
Portfolio Management for New Product DevelopmentPortfolio Management for New Product Development
Portfolio Management for New Product Development
 
Portfolio Management for New Product Development
Portfolio Management for New Product DevelopmentPortfolio Management for New Product Development
Portfolio Management for New Product Development
 
SPOTIFY; A CASE STUDY
SPOTIFY; A CASE STUDYSPOTIFY; A CASE STUDY
SPOTIFY; A CASE STUDY
 
Casper; a case study
Casper; a case studyCasper; a case study
Casper; a case study
 
New venture finanacing
New venture finanacingNew venture finanacing
New venture finanacing
 
KHALIDA BROHI; WOMAN ENTREPRENEUR,WHO INSPIRES THE MOST
KHALIDA BROHI; WOMAN ENTREPRENEUR,WHO INSPIRES THE MOSTKHALIDA BROHI; WOMAN ENTREPRENEUR,WHO INSPIRES THE MOST
KHALIDA BROHI; WOMAN ENTREPRENEUR,WHO INSPIRES THE MOST
 
WOMAN ENTREPRENEUR,WHO INSPIRES THE MOST-KHALIDA BROHI
WOMAN ENTREPRENEUR,WHO INSPIRES THE MOST-KHALIDA BROHIWOMAN ENTREPRENEUR,WHO INSPIRES THE MOST-KHALIDA BROHI
WOMAN ENTREPRENEUR,WHO INSPIRES THE MOST-KHALIDA BROHI
 
What Makes Any Advertisement GREAT
What Makes Any Advertisement GREAT What Makes Any Advertisement GREAT
What Makes Any Advertisement GREAT
 
Rewari walay Haji Rabri
Rewari walay Haji RabriRewari walay Haji Rabri
Rewari walay Haji Rabri
 
The Rise and Fall of Nokia By by Juan Alcacer, Tarun Khanna and Christine Sni...
The Rise and Fall of Nokia By by Juan Alcacer, Tarun Khanna and Christine Sni...The Rise and Fall of Nokia By by Juan Alcacer, Tarun Khanna and Christine Sni...
The Rise and Fall of Nokia By by Juan Alcacer, Tarun Khanna and Christine Sni...
 
The Dark Side of CPEC
The Dark Side of CPECThe Dark Side of CPEC
The Dark Side of CPEC
 
Argument on “The Things They Carried; the Man I Killed” by Tim O’Brien
Argument on “The Things They Carried; the Man I Killed” by Tim O’BrienArgument on “The Things They Carried; the Man I Killed” by Tim O’Brien
Argument on “The Things They Carried; the Man I Killed” by Tim O’Brien
 
How product concept and the product design specifications are important in th...
How product concept and the product design specifications are important in th...How product concept and the product design specifications are important in th...
How product concept and the product design specifications are important in th...
 
Product Specification Process & Concept Generation Process
Product Specification Process & Concept Generation ProcessProduct Specification Process & Concept Generation Process
Product Specification Process & Concept Generation Process
 

Recently uploaded

34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
DeepakTripathi733493
 
Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024
Andy Lambert
 
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdfOffissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
offisadizayn
 
De-risk Your Digital Evolution - Hannah Grap
De-risk Your Digital Evolution - Hannah GrapDe-risk Your Digital Evolution - Hannah Grap
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital Marketing
Felipe Bazon
 
Email Marketing Master Class - Chris Ferris
Email Marketing Master Class - Chris FerrisEmail Marketing Master Class - Chris Ferris
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Auxis Consulting & Outsourcing
 
Digital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on HowDigital Marketing Trends - Experts Insights on How
How to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that RanksHow to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that Ranks
minatamang0021
 
Consumer Journey Mapping & Personalization Master Class - Sabrina Killgo
Consumer Journey Mapping & Personalization Master Class - Sabrina KillgoConsumer Journey Mapping & Personalization Master Class - Sabrina Killgo
Consumer Journey Mapping & Personalization Master Class - Sabrina Killgo
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive EdgeDigital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu
How to Run Landing Page Tests On and Off Paid Social Platforms
How to Run Landing Page Tests On and Off Paid Social PlatformsHow to Run Landing Page Tests On and Off Paid Social Platforms
How to Run Landing Page Tests On and Off Paid Social Platforms
VWO
 
Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya KellyHow to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Is AI-Generated Content the Future of Content Creation?
Is AI-Generated Content the Future of Content Creation?Is AI-Generated Content the Future of Content Creation?
Is AI-Generated Content the Future of Content Creation?
Cut-the-SaaS
 
SMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the worldSMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the world
smmpanel567
 
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysMastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Search Engine Journal
 

Recently uploaded (20)

34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
 
Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024
 
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdfOffissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
 
De-risk Your Digital Evolution - Hannah Grap
De-risk Your Digital Evolution - Hannah GrapDe-risk Your Digital Evolution - Hannah Grap
De-risk Your Digital Evolution - Hannah Grap
 
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital Marketing
 
Email Marketing Master Class - Chris Ferris
Email Marketing Master Class - Chris FerrisEmail Marketing Master Class - Chris Ferris
Email Marketing Master Class - Chris Ferris
 
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
 
Digital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on HowDigital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on How
 
Metaverse Marketing in the Generation of the Internet - Eugene Capon
Metaverse Marketing in the Generation of the Internet - Eugene CaponMetaverse Marketing in the Generation of the Internet - Eugene Capon
Metaverse Marketing in the Generation of the Internet - Eugene Capon
 
How to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that RanksHow to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that Ranks
 
Consumer Journey Mapping & Personalization Master Class - Sabrina Killgo
Consumer Journey Mapping & Personalization Master Class - Sabrina KillgoConsumer Journey Mapping & Personalization Master Class - Sabrina Killgo
Consumer Journey Mapping & Personalization Master Class - Sabrina Killgo
 
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive EdgeDigital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
 
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
 
Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis Yu
 
How to Run Landing Page Tests On and Off Paid Social Platforms
How to Run Landing Page Tests On and Off Paid Social PlatformsHow to Run Landing Page Tests On and Off Paid Social Platforms
How to Run Landing Page Tests On and Off Paid Social Platforms
 
Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis Yu
 
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya KellyHow to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
 
Is AI-Generated Content the Future of Content Creation?
Is AI-Generated Content the Future of Content Creation?Is AI-Generated Content the Future of Content Creation?
Is AI-Generated Content the Future of Content Creation?
 
SMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the worldSMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the world
 
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysMastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
 

Solve the given problems

  • 1. SUBJECT: Strategic Marketing Management (SMM) ASSIGNMENT ON: Solve the Given Problems SUBMITTED TO: Sir Adnan Pitafi SUBMITTED BY: Varda Shaikh___18S-MBA-BS19
  • 2. Problem-1 According to problem definition process, the next and final step is research hypothesis. Research hypothesis is made to answer the research questions. ResearchHypothesis:  People will buy the candy closest to them at the canteens of workplace/institutes. So if the company wants to get the most market share of their product, they should make it available to the places like that.  When the new product introduce in the market, people usually attract towards it to try at least once, so the trial rate is high.  The new product cannibalization depends upon the market acceptance of new candy. If people will like the new taste, then the cannibalization may occur.  In particular consumer segments, children maybe more interested in buying the new flavor of a candy.
  • 3. Problem-2 ResearchHypothesis:  Service features on which franchise should be evaluated; may include:  Taste of food  How quickly the food is served  Restaurant Cleanliness  Restaurant staff ambience  Dining experience  Atmosphere  Price factor  The food evaluation card, based on the likert scale should be presented to the customers at the end of their meal. It would be helpful to get the customer’s perceived value of each service.  Sometimes perception of service vary by meal, for example if the restaurant is offering desi food, Italian or fast food items under one roof, it might be possible they are good in everything but best in one thing. So if the different set of customers ordering the different cuisine, they might perceive their services differently.  But the perception of service do vary in specific days like if people keep visiting the same restaurant in particular festivals like eid, new year eve or any other special occasion, when the restaurants are more busy due to the lot of customers. Due to this they won’t keep their services on the same level as they promised in regular days.  Yes, the regional differences may occur across the franchise in terms of service provided for example in china, a Chinese franchise may serve the noodles with the chopsticks to its customers but same Chinese franchise in Pakistan will serve differently, it will serve the meal with the spoons and forks.
  • 4. Problem-3 ResearchHypothesis:  Consider all the cost that has been incurred in preparing a product, also keep an eye on the competitors on which price they are selling a similar product and then choose the best pricing technique.  Flexible pricing policies are positively related to the attitude towards the facility.