Sunday, February 23, 2020
Public Relations Crisis Management Plan Essay Example | Topics and Well Written Essays - 2500 words
Public Relations Crisis Management Plan - Essay Example These calls for the need to ensure better inter organizational communication. Advancements in technology and the role of media have also assumed to be of significant importance to business organizations. The immense reach, popularity and the influence of media in shaping public opinion has augured the need for having a dedicated public relations department that seeks to leverage the media to shape a positive opinion and image of the firm in the minds of the customers. The role of the public relations department also assumes significance in areas of crisis management in organizations as they largely tend to act as medium of communication between the organization and the external world. SWOT Strengths The main strengths of the company include a strong brand image of the organization and a product portfolio that has an evergreen demand in the market. The companyââ¬â¢s presence in a market like Australia also adds to its bouquet of strengths. Certain other strengths include a talented and motivated employee base along with sound financial strength of the organization. Weakness The major weakness arises in the aspect of the rising cost of fuel and raw materials and itââ¬â¢s over dependence on external suppliers for raw materials. Opportunities The rising disposable income and demand for products such as cars largely influence growth of prospects for Hypothetica oils. The surge in demand witnessed over the last few years with an optimistic future largely emerges as an area of opportunity. Opportunities also exist in the form of new markets like China that have high potential. Threats The threats to the company arise mainly from the high extent of competition in the Australian market. Presence of large number of competitors in the market leads to a situation where market share and profit margins have reduced significantly thus generating considerable threats for the organizationââ¬â¢s profitability and sustainability. Target Publics Primary Publics The first step towards shaping a public relations strategy involves selecting the publicââ¬â¢s to be targeted. Publics constitute a collection of a number of individuals that have a set of similar interests and value proposition with regards to a particular scenario (Millar & Heath, 2004, p.42). Primary publics constitute the individuals that a firm tries to generate influence. This largely consists of individuals whose thoughts largely help in ensuring profitability and sustainability for the business. In the case of Hypothetica oil the primary publics would consist of the customers of the organization and the common people at large who form a part of the social network of the company. This would also include the employees of the organization as it is largely important to have a positive image of the organization in the minds of the employees as it largely helps in inducing motivation which is very critical to the success and sustainability of an organization. Secondary Publics Secondary publics include members of target audience that have the
Friday, February 7, 2020
Assignment list Example | Topics and Well Written Essays - 2500 words - 1
List - Assignment Example The shopper describes that her love for shoes attracted her to a certain pair of shows that matched her mothersââ¬â¢ favorite, Prada. The price tag on the pair of shoes was $519.99 at the time of purchase and did not include offers as some other versions have. The shopper emphasizes that the only reason that attracted her to the shoes is because they looked so beautiful and she could not pass the chance of acquiring such exquisite pair of shoes. For this shopper it is evident that emotion played a major role in making the decision to purchase the pair of shoes. The association of the shoe design and brand with her motherââ¬â¢s attraction to the same shows that the shopper was acting emotionally rather than analytic. The shopper does not mention having been attracted to the pair of shoes by its perceived quality or the need to purchase the shoes. Shopper 2: International trends affect a range of individuals and especially customers that follow these trends. Shopper 2 bought the Samsung Galaxy Note4 at an online price of an unlocked device of $770. For a phone, the shopper feels like he spent too much but the same time explains that the decision to buy the Note 4 was a result of long hours or analysis of the functionality of different makes and brands. Since the shopper is an academic researcher, the choice to buy the costly device did not have any emotional attachment to it. The lack of emotional attachment is associated with the fact that the shopper had been sampling different devices and eventually settled for the Galaxy Note 4. 2. Think of a recent purchase that you believe included a significant amount of risk for you. What type(s) of risk were involved? How did you attempt to minimize risk? (If you did not attempt to minimize your risk, explain your thinking.) One of the most recent purchases did not involve a product; it rather involved buying a service. In order to be efficient in moving from work to school and then back home requires some form of
Subscribe to:
Posts (Atom)