Enhance or maintain its image and reputation, Financial Management

Assignment Help:

a) Marketing might be vital to an organisation such as WHSG for several reasons, including:

• The need to be a focus for the right kind of students to the school (there are rival schools in close proximity)

• exact marketing is required to attract the most academically terrific students (WHSG is a selective grammar school); thus effective marketing will reduce/prevent those unsuitable from applying

• To inform key stakeholders (such as the local community and parents) about school achievements

• Marketing can help to improve the school's market standing and its public relations

• To enhance or maintain its image and reputation, i.e. to uphold its reputation of excellence

• To attract donations and/or sponsorship deals to increase school finance

• Any other appropriate factor b) People are vital in the marketing of schools. In this case, it is most likely to refer to the support staff and teachers of the school. The functions mentioned in the case study suggest that teachers and other members of staff need to portray a fitting image (such as the qualifications and quality of the staff), in line with the organisation's civilization and objectives.

The physical evidence (the facilities and buildings) of a school is also important to its marketing. Parents (the customers) are unlikely to want to send their children to schools that lack enough facilities. Schools with sufficient space, ICT equipment and other resources are more likely to be promoted successfully. certainly, the physical environment of a school can have a direct impact on customer perceptions of the quality of learning and teaching in the school.

Processes in schools are also essential to their success. Procedures such as entrance exam administration and communication links with parents will affect the general level of customer service. The quality of delivery in learning and teaching will also obviously affect the level of customer satisfaction. Other processes might include: the school's entrance exams (for selecting students), information evenings for parents, music concerts, charity events and drama productions.

There have to be consideration of all three P's for full marks. Award up to 4 marks if only two of the three P's are covered.


Related Discussions:- Enhance or maintain its image and reputation

Legal obligations of corporation is the cost of equity zero, If dividends p...

If dividends paid to common stockholders are not legal obligations of a corporation, is the cost of equity zero? Explain your answer. Even though common stockholders don't have

Interest rate risk, Bonds are usually recognized by yields, which cha...

Bonds are usually recognized by yields, which change from time to time owing to many market forces. There exists an inverse relationship between the bond price and the

Describe about accountants report, Q. Describe about Accountants Report? ...

Q. Describe about Accountants Report? Accountants' Report - Formal document which communicates an independent accountant's: (1) expression of limited assurance on FINANCIA

State a process for benchmarking, State a process for benchmarking 1.  ...

State a process for benchmarking 1.  Gain senior management commitment to establish benchmarking as a process within the organisation and educate stakeholders and staff about t

Eurocurrency, Eurocurrency A currency on deposit outside its country o...

Eurocurrency A currency on deposit outside its country of source. Such deposits are well known as external currencies, international currencies or xenocurrencies.

Coupon curve duration, Market price is used for determining the dura...

Market price is used for determining the duration of a mortgage-backed security in the coupon curve duration. This approach to calculate the duration of mortgage-bac

Define modern approach of financial management, Define Modern Approach of f...

Define Modern Approach of financial management Modern approach views the term financial management in a broad sense and provides a conceptual and analytical framework for fina

Assignment, BFN1014 ...

BFN1014 ASSIGNMENT 2 TRI 2 2012 2013

Calculating investment statistics and graphing output, Step 1) Opportunity ...

Step 1) Opportunity Set Graph:Combine 2 of your stocks (Ignore the other 2 stocksfor this step only).  Construct an investment opportunity set (the curved set) between the two risk

Replacement Theory, How is the failure Table for assets that fail suddenly ...

How is the failure Table for assets that fail suddenly constructed?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd