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Thursday 20 December 2012

Theory and Practice

What have you learned in this module about the affinity betwixt supposition and practice? The relationship between theory and practice has risen many debates as well as discussions overtime. Through this module of Introduction to Marketing I comprise the actual distance between completely the knowledge, models, concepts and what I undergo in reality is relatively small. In my opinion, theory has ever been playing an important role as a focusing and guidance for all practical activities. As with the right methods, we would be able to collect practical results, then analyze, evaluate and from that cause variant decisions of what to do to improve the overall performance. Why is this? Because all theories were developed either base on logics, common-senses of human cerebration and behaviours; or by analyze collective data in the past, then develop models thus explain the trend of different reactions to different changes in depended factors. Therefore, theories should be close to reality, at least apply to the majority of practical cases. One of my favourite examples to make this relationship is the Tropicana case that was mentioned in the class last week. Theoretically, market is not a one-way communion system between firms and customers.
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On the other hand, as the function of marketing changed overtime from sale-supporting towards producers-customers relationship reinforcement (Webster, 1996), it acts as the interface where sellers and buyers will retort to the others changes mutually. In this case, Tropicana wanted to renew their motion picture by changing their packages. The first signal of this two-way communication system alerts customers about the new packaging. The second signal is the feed-backs from customers so that the organization can evaluate their marketing performance. In this case, Tropicana accredited negative reviews and forced to revert to their old packages. The reaction by Tropicana in the case above can also be explained by using Value... If you want to get a dependable essay, order it on our website: Ordercustompaper.com

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