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Basic Facts About Research
Basic Facts About Research
7Ps of Marketing
● It became 7 Ps because the knowledge is evolving and the world is changing
● Product, Price, Place, Promotion, People, Physical Evidence, Process
Different Theories
● Hierarchy of Needs (Abraham Harold Maslow, 1943)
● SWOT Analysis (Albert Humphrey, 1960)
● Brainstorming (Alex Osborn, 1963)
● Six Sigma Model (Bill Smith, 1986)
● Four Ps of Marketing (Jerome McCarthy, 1960)
● Core Competency Model (CK Prahalad and Gary Hamel, 1990)
● Business Process Engineering (Hammer and Champy, 1990)
● Just In Time Business, Lean Manufacturing (Taiichi Ohno, 1970)
● Fiver Competitive Forces (Michael Porter, 1990)
○ Framework, Value, Chain
● Management by Objectives (1974)
○ Knowledge worn Productivity
● Product Life Cycle (Raymond Vernon, 1950)