Professional Documents
Culture Documents
Main Characteristics:
1. Strategy
2. Tactics
Marketing
Classical Definition:
It is the performance of business activities aimed at
satisfying needs & wants through exchange processes.
Customer orientation came after a phase of focus on
production & then on advertising.
Ever since World War ∏, Customer has been the King.
NO
Eg IBM
Then what about small companies?
Better product will win the battle?
NO
Eg Coca Cola
Offensive?
Flanking Attacks?
Guerilla Warfare?
Defensive Warfare Principles
1. Only the market leader should consider playing
defense.