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

Student, applicability of an operating cycle in vegetable growing in uganda...

applicability of an operating cycle in vegetable growing in uganda

Understanding financial metrics and business risk, Controlling is an essent...

Controlling is an essential management function as efficient control mechanisms ensure that the performance of the company increases over time through the incorporation of feedback

Mountain fresh growth, The Mountain Fresh Company had earnings per share (E...

The Mountain Fresh Company had earnings per share (EPS) of $6.32 in 2006 and $11.48 in 2011.  The company pays out 30 percent of its earnings as dividends per share (DPS), and the

Briefly explain non financial objectives, Briefly Explain Non Financial Obj...

Briefly Explain Non Financial Objectives Monetary statements of any sort are only an expression of organisational activities that can be measured. Lots of the activities of an

Define the term- cash purchases, Define the term- Cash purchases     Shar...

Define the term- Cash purchases     Shareholders of the target company are bought out completely and have no further stake in business. This is good if predator shareholders want

Regulation of mergers and acquisitions, Regulation of Mergers and acquisiti...

Regulation of Mergers and acquisitions Mergers and acquisitions are regulated by: Competition commission If office of fair trading thinks that merg

Describe the interest rate parity theory, Question: (a) Describe the In...

Question: (a) Describe the Interest Rate Parity Theory. (b) A company needs to pay in 3 months USD 1 million. The USD are already at disposal in the company, thus the c

Define inventory is sometimes thought of as a necessary evil, Inventory is ...

Inventory is sometimes thought of as a necessary evil.  Explain. Inventory ties up funds and these types of funds are not earning an explicit return.  A few inventory is often es

What do you meant by yield, Q. What do you meant by Yield? Investment s...

Q. What do you meant by Yield? Investment should be in such securities which yield the highest return. However, safety should not be sacrificed at the expense of yield. How

Dividend yield plus growth in dividend process, Q. Dividend Yield plus Grow...

Q. Dividend Yield plus Growth in Dividend process? Dividend Yield plus Growth in Dividend process: - This process is used to compute the cost of equity capital when the dividen

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