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Elements of Marketing Mix for McDonald's Restaurants

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Short answer:
1. List and describe in detail, the elements of the marketing mix (4P's) for a McDonald's restaurant

2. Describe the functions (responsibilities, roles, etc., ) that a typical marketing manager should perform

3. List and describe what you consider to be the key elements of a marketing plan. Does a firm need to worry about developing a written plan?

4. List and describe in detail, each phase of the product life cycle for a personal computer in terms of the probable impact on its marketing mix.

5. Identify a few possible advantages and disadvantages of entering international markets

6. Demonstrate the impact of e-commerce on the marketing functions.

7. Describe how you might use the new product development process if you were thinking about offering some kind of summer service to residents in a beach resort town

8. Discuss how an understanding of the adoption process (adoption curve) would help you develop a promotional blend for a new consumer electronic product

9. Demonstrate how you would use the consultative selling process to sell
a new car.

10. Distinguish between one price and flexible price policies. Which one is most appropriate for a hardware store? Why?

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Solution Summary

The elements of marketing mix for McDonald's Restaurants are examined. A product life cycle for a personal computer in terms of probable impact on its marketing mix is examined.

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Global Business Question on the 4P's of Marketing

Name and discuss the 4 Ps of Marketing and what kind of adjustments may be necessary in order to sell in foreign markets.

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