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2
Marketing Process
CHAPTER
Chapter Objectives
1 Distinguish between 4 Describe successful 5 Identify the basic
strategic planning and planning tools and elements of a marketing
tactical planning. techniques, including strategy.
Porter’s Five Forces
2 Explain how marketing 6 Describe the
model, first and second
plans differ at various environmental
mover strategies, SWOT
levels in an organization. characteristics that
analysis, and the strategic
influence strategic
3 Identify the steps in the window.
decisions.
marketing planning
process. 7 Describe the methods for
marketing planning,
including business
portfolio analysis and the
BCG matrix.
CHAPTER 2 Strategic Planning and the Marketing Process
SWOT ANALYSIS
• SWOT analysis Analysis that helps planners compare internal
organizational strengths and weaknesses with external opportunities and
threats.
BCG ANALYSIS
• Developed by Boston Consulting Group.
• A market share/market growth matrix that plots market share against market
growth potential.