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Preface | |
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About the Author | |
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Case Grid | |
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Strategic Marketing Planning and Market Orientation | |
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Introduction | |
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Marketing Strategy as a Means of Creating Customer Value | |
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The Strategic Marketing Planning Process | |
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Corporate Vision, Mission, and Goals | |
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Corporate Strategy | |
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Market Definition and Situational Analysis | |
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Business-Level Strategy | |
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Marketing Strategy Development | |
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Implementation and Control | |
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Competing on the Edge | |
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Deliberate Versus Emergent Strategies | |
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Strategic Marketing Planning in Market-Oriented Firms | |
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Customer Orientation | |
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Competitor Orientation | |
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Interfunctional Coordination | |
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Major Trends Affecting Marketing Strategy Formulation | |
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Globalization | |
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Marketing Convergence | |
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Triple Bottom Line | |
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Chapter Summary | |
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Review and Discussion Questions | |
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Critical Thinking and Application Questions | |
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Notes | |
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Appendix | |
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Outline of a Marketing Plan | |
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Defining and Assessing Markets | |
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Introduction | |
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Strategic Markets | |
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Multidimensional Scope of Strategic Markets | |
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Served Markets | |
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Dynamic Nature of Markets | |
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Assessing Market Attractiveness | |
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Market Factors | |
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Industry Factors | |
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Methods for Defining Markets | |
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Hierarchical Markets | |
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Strategic Groups | |
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NAICS System | |
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Managerial Judgment | |
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Substitution in Use | |
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Brand Switching | |
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Cross-Elasticity of Demand | |
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Estimating Market Potential | |
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Methods for Estimating Market Potential | |
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Chapter Summary | |
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Review and Discussion Questions | |
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Critical Thinking and Application Questions | |
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Notes | |
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Situational Analysis and Strategic Approaches | |
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Introduction | |
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Situational Analysis | |
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Internal Analysis | |
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Strengths and Weaknesses | |
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External Analysis | |
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Opportunities and Threats | |
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Developing the SWOT MatrixC | |
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onstruction of the SWOT Matrix | |
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Pitfalls of SWOT Analysis | |
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Marketing Objectives | |
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Collecting External Information | |
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Competitor Analysis | |
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Competitor Strengths and Weaknesses | |
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Competitor Objectives and Strategies | |
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Competitive Intelligence | |
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Chapter Summary | |
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Review and Discussion Questions | |
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Critical Thinking and Application Questions | |
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Notes | |
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Competitive Advantage and Competitive Strategies | |
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Introduction | |
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The Resource-Based View of the Firm | |
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Distinctive Competencies | |
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Valuable Resources | |
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Rare Resources | |
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Imperfectly Imitable | |
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Lack of Strategically Equivalent Resources | |
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Complementary Assets | |
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Dynamic Competencies | |
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Competitive Advantage and Competitive Strategy | |
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Porters Generic Strategies | |
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Cost Leadership | |
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Differentiation | |
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Stuck in the Middle | |
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Value Disciplines | |
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Operational Excellence | |
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Product Leadership | |
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Customer Intimacy | |
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Chapter Summary | |
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Review and Discussion Questions | |
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Critical Thinking and Application Questions | |
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Notes | |
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Market Segmentation and Target Marketing | |
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Introduction | |
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Market Segmentation as a Core Organizational Process | |
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Selecting a Segmentation Basis | |
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Segmenting Consumer Markets | |
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Segmenting Business Markets | |
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Segmenting for New and Existing Products | |
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Segmenting for New Products | |
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Segmenting for Existing Products | |
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Creativity in Market Segmentation | |
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Evaluating Segment Attractiveness | |
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Size and Growth | |
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Profitability | |
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Accessibility | |
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Corporate Vision, Mission, and Goals | |
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Competitive Intensity | |
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Distinctive Competencies | |
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Segment Interrelationships | |
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The Segment Attractiveness-Company Capabilities Matrix | |
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Target Marketing Strategies | |
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Undifferentiated Strategy | |
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Single-Segment Strategy | |
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Multiple-Segment Strategy | |
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Mass-Customization Strategy | |
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Sequenced-Entry Strategy | |
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Chapter Summary | |
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Review and Discussion Questions | |
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Critical Thinking and Application Questions | |
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Notes | |
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Strategic Positioning | |
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Introduction | |
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Defining Strategic Positioning | |
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Strategic Positioning Versus Operational Effectiveness | |
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Types of Strategic Positioning | |
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Tangible Attribute Positioning | |
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Intangible Attribute Positioning | |
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The Strategic Positioning Process | |
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Identify Direct and Indirect Competitors | |
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Identify Determinant Attributes or Benefits | |
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Determine Customers Perceptions | |
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Select a P | |