MARKETING. The average
consumer would probably define marketing as a combination of advertising and
selling. It actually includes a good deal more. Modern marketing is most simply
defined as directing the flow of goods from producers to customers. It encompasses,
however, a broad range of activities including product planning, new-product
development, organizing the channels by which the product reaches the customer,
the actual distribution of products, wholesaling, price setting, advertising
and promotion, public relations, product warranties, retailing, financing, and
more.
Production Versus Marketing
There
was a time, not many decades ago, when marketing was an incidental concern for
businesses. The main emphasis was on production. Goods were produced and made
available for customers to buy, with a minimum concern for what customers might
want. What was on the market at any one time was determined by production
managers.
Most
businesses now are dominated by an orientation toward marketing, not toward
production. This means that firms begin by anticipating what consumers want.
They then plan their products accordingly. What is produced is guided by
marketing decisions, and marketing managers have more to say about company
decisions than production managers. It is estimated that at least half of the
cost a consumer pays for a product is accounted for by marketing
expenditures.
Micromarketing and Macromarketing
Within
the field of economics, two types of marketing have been defined: micromarketing
and macromarketing. Micromarketing describes the activities of individual
firms, beginning with originating and producing products and ending when the
products reach the final user, the customer. Macromarketing, by contrast,
describes how the whole system of production and distribution works in a
society. The emphasis in this article is on the chief aspects of micromarketing
beginning with product development and continuing through retailing.
Virtually all economies need marketing functions. Even planned economies
need to be concerned about directing goods and services to their populations.
Nor is marketing confined to profit-making companies or to businesses that
manufacture products. Doctors, lawyers, hospitals, colleges, museums, and other
service enterprises also engage in marketing. This is especially true in market
economies like the United States in which there is open competition for a
customer's attention. (See also Economics, "Management of
Economies.")
Markets, Products, and Customers
In the simplest terms, a market is the place
where seller meets buyer to exchange products for money. ("Products"
include services as well as goods.) Traditional markets still function in many
parts of the world. Even in the United States, during summer months, there are
farmers' markets where direct selling and buying take place between producers
and consumers. Most service industries still operate at this market level.
Manufacturing industries and most agricultural enterprises are more
remote from the consumer. Their products pass through several hands--truckers,
warehouse workers, wholesalers, and retailers--before reaching the final
consumer.
Products, or commodities, are usually divided into two types: consumer
and industrial. (Manufacturers are consumers as well as makers of products.)
Consumer goods are those that are sold to final users, the customers. These
goods include food, clothing, automobiles, television sets, appliances, and all
those things people go to stores to purchase.
Industrial
goods are those that are sold to companies or other businesses for use in
manufacturing or other purposes. Automobile makers buy many of the parts used
to assemble cars. A tire manufacturer buys rubber, synthetic or otherwise, with
which to make tires. Eventually these materials will end up in the hands of
final users--the owners of the cars. The nature of industrial goods depends on
the nature of the goods to be made for final users. The price of industrial
goods and raw materials will influence the price of final goods, those that the
consumer buys.
Agricultural and manufacturing enterprises are also final customers of
some goods. Farmers buy seed, fertilizer, machinery, pesticides, animal feed,
and other goods. Factories need machinery, fire protection, meal services,
computers, paper and other office supplies, heating and air conditioning,
janitorial services, and other goods to keep operating. Service industries also
are final customers for many goods. Doctors and dentists need offices, medicines,
and equipment. Insurance companies need desks and chairs, adding machines, and
computers.
Marketing Research
Marshall
Field's, a department store in Chicago, has long used the motto: "Give the
lady what she wants." Finding out what the customer wants is one of the
problems marketing research tries to solve. Marketing research has been defined
as trying to analyze marketing problems scientifically. It studies people as
buyers and sellers, examining their habits, attitudes, preferences, dislikes,
and purchasing power. It often studies specific segments of a population, such
as teenagers, high-income groups, or senior citizens. Marketing research also
investigates distribution systems, pricing, promotion, product design,
packaging, brand names, and almost every aspect of the seller-buyer
relationship.
Marketing research is divided into a number of subareas. Advertising
research attempts to find out the effectiveness of advertising. It also seeks
to learn the best media for advertising specific products: television,
newspapers, radio, magazines, billboards, and others. Market analysis tries to
identify and measure markets for specific products and to estimate sales
potential. Markets may be differentiated by population groups or by geography.
Some types of clothing are more likely to sell in Florida and California than
in the northern Midwest. Some cosmetics will appeal more to black customers
than to white customers. Performance analysis helps a company learn how well it
is meeting its goals of sales and profits. Product research covers the whole
area of new-product development. Marketing research is an expensive
undertaking, and its costs are built into the prices of products.
Product Development
Akio
Morita, the chairman of Sony Corporation in Japan, wanted a radio he could
carry with him and listen to wherever he went. From that small desire was born
the Sony Walkman, a radio small enough to be worn on a belt or carried in a
pocket. With a headset smaller than earmuffs, the Walkman can be worn and
listened to anywhere.
Not all
product development is so easy. Most of today's products (including many of the
basic necessities of food, clothing, and shelter) are the result of creative
research and thinking by staffs of people. A new product is one that is new for
the company that makes it. A hamburger is not new, but when McDonald's
introduced the Big Mac, it was a new product for that company.
Decisions to make a new product may be the result of technology and
scientific discovery. The discovery can be accidental or sought for. The
original punch-card data-processing machine was devised for use by the Bureau
of the Census. Penicillin, by contrast, was an accidental discovery and is now
one of the most useful antibiotics. Products today are often the result of
extensive marketing research to learn what consumers and retailers want. Ideas
for products may come from consumers, salespeople, engineers, competitors,
trade associations, advertising agencies, or any number of other sources.
Once a
product has been approved, it must be designed, made, tested, revised, and
retested. It may be subject to test marketing (sold or given away in a few
places) before being put on the market generally. This whole process may take
several years.
Package
design and brand-name selection are two major aspects of product planning.
Packaging not only contains and protects a product, but also provides a form of
advertising intended to appeal to consumers by its appearance or convenience.
Carbonated beverages could be sold in colorless glass jugs, but they are far
more appealing and convenient in colorful six-packs of aluminum cans. Packaging
also can add significantly to the cost of a product.
The
packaging of many products is regulated by governments. In the United States
the Federal Fair Packaging and Labeling Act of 1966 requires certain
information to be placed on cartons, boxes, and other packaging for products
used by consumers. Nutrition information, for instance, is required on cereal boxes.
Most packaging today carries a universal product code stamped on it. The code
can be read by electronic scanners to speed up the buying process and to
automate inventory control.
Nearly
every product carries a brand name, often used in conjunction with a company
symbol, to identify it for consumers and to aid in advertising. The goal of a
company is to build brand loyalty in consumers and to enhance its
reputation.
There
are two major types of brand names: manufacturer brands and dealer brands. The
manufacturer brand is given by the maker of the product, such as Ford Escort
automobiles or Gillette Trac-II razor blades. A dealer brand may be given by a
middleman or a retail store. Sears, Roebuck and Company, for example, has given
the brand name Kenmore to its appliances, though they are not manufactured by
Sears. Grocery chains often give brand names to items specially packaged for
them. Brand names, like trademarks, can be protected by law (see
Trademark).
Classes of Consumer Products
The
traditional distinction between products that satisfy needs and those that
satisfy wants is no longer adequate to describe classes of products. In today's
prosperous societies the distinction has become blurred because so many wants
have been turned into needs. A writer, for instance, can work with paper and
pencils. These are legitimate needs for the task. But the work can be done more
quickly and efficiently with a word processor. Thus a computer is soon viewed
as a need rather than a want.
In the field
of marketing, consumer goods are classed according to the way in which they are
purchased. The two main categories are convenience goods and shopping goods.
Two lesser types are specialty goods and unsought goods. It must be emphasized
that all of these types are based on the way shoppers think about products, not
on the nature of the products themselves. What is regarded as a convenience
item in France (wine, for example) may be a specialty good in the United
States.
People
do not spend a great deal of time shopping for such convenience items as
groceries, newspapers, toothpaste, razor blades, aspirin, and candy. The buying
of convenience goods may be done routinely, as some families buy groceries once
a week. Such regularly purchased items are called staples. Sometimes
convenience products are bought on impulse: someone has a sudden desire for an
ice cream sundae on a hot day. Or they may be purchased as emergency items: the
car battery dies just as the family is about to leave for vacation; to avoid
delay, a new battery must be bought and installed.
Shopping
goods are items for which customers search. They compare prices, quality, and
styles, and may visit a number of stores before making a decision. Buying an
automobile is often done this way.
Shopping
goods fall into two classes: those that are perceived as basically the same and
those that are regarded as different. Items that are looked upon as basically
the same include such things as home appliances, television sets, and
automobiles. Having decided on the model desired, the customer is primarily
interested in getting the item at the most favorable price. Items regarded as
inherently different include clothing, furniture, and dishes. Quality, style,
and fashion will either take precedence over price, or they will not matter at
all.
Specialty goods have characteristics that impel customers to make
special efforts to find them. Price may be no consideration at all. Specialty
goods can include almost any kind of product--particular types of unusual food;
an expensive imported car; an item from a well-known store, such as Gucci or
Tiffany; or a dinner at a new restaurant. Normally, specialty goods have a
brand name or other distinguishing characteristic.
Unsought
goods are items a consumer does not necessarily want or need or may not even
know about. Promotion or advertising brings such goods to the consumer's
attention. The product could be something new on the market--as the Sony
Walkman once was--or it may be a fairly standard service, such as life
insurance, for which most people will usually not bother shopping.
Market Segmentation
When
Henry Ford was manufacturing automobiles, he wanted to sell them to everyone.
This is called mass marketing. Rock videos, on the other hand, are directed
primarily at a youth market. This is called target marketing. It is very common
for manufacturers and sellers to produce goods for specific segments of a
population. Makers of soaps and detergents direct their products at a mass
market, while sellers of caviar aim for a select clientele: those who can
afford their expensive product. A mass market is by definition very large.
Target markets, however, need not be small. The teenage market in the United
States, Western Europe, and Japan is quite large. The senior-citizen market is
constantly increasing. Target marketing involves developing the right product
for the segment of the population to be reached. Marketing research is used to
identify specific target populations and their buying potential.
One of
the advantages of target marketing is the possibility of becoming the leader in
a specific market segment. This is often done by making products that are
distinctive within their category. Coleco Industries was extremely successful
with its Cabbage Patch Kids in a competitive and crowded doll market.
Setting Prices
Every
product on the market has a variety of costs built into it before it is ever
put up for sale to a customer. There are costs of production, transportation,
storage, advertising, and more. Each of these costs must bring in some profit
at each stage: truckers must profit from transporting products, or they would
not be in business. Thus, costs also include several layers of profits. The
selling price of a product must take all of these costs (and built-in profits)
into consideration. The selling price itself consists of a markup over the
total of all costs, and it is normally based on a percentage of the total
cost.
The
markup may be quite high--90 percent of cost--or it may be low. Grocery items
in a supermarket usually have a low markup, while mink coats have a very high
one. High markups, however, do not in themselves guarantee big profits. Profits
come from turnover. If an item has a 50 percent markup and does not sell, there
is no profit. But if a cereal has an 8 percent markup and sells very well,
there are reasonable profits.
Some
pricing is done by producers. Automobile manufacturers set the prices for which
they want their cars to sell. Prices may also be set by wholesalers or
retailers. Supply and demand also affect prices.
While
most pricing is based on cost factors, there are some exceptions. Prestige
pricing means setting prices artificially high in order to attract a select
clientele. Such pricing attempts to suggest that the quality or style of the
product is exceptional or that the item cannot be found elsewhere. Stores along
Rodeo Drive in Beverly Hills, Calif., Fifth Avenue in New York City, the Rue
St-Honore in Paris, and the Via Condotti in Rome use prestige pricing to
attract wealthy shoppers.
Leader
pricing and bait pricing are the opposites of prestige pricing. Leader pricing
means setting low prices on certain items to get people to come into the
stores. The products so priced are called loss leaders because little or no
profit can be made on them. The profits are made from other products people buy
while in the store.
Bait
pricing, now generally considered illegal, means setting artificially low
prices to attract customers. The store, however, has no intention of selling
goods at the bait prices. The point is to get people into the store and
persuade them of the inferiority of the low-priced item. Then a higher-priced
item is presented as a better alternative.
A common
retail tactic is odd-even pricing. If, for example, a television set would
ordinarily be priced at $300, the store will set the price at $295 or $299.95
to give the appearance of a lower price. Automobiles and other high-priced
products are usually priced in this manner. For some reason $7,995 has more
appeal to a potential car customer than $8,000.
Bid
pricing is a special kind of price setting. It is often used in the awarding of
government contracts. Several companies are asked to submit bids on a job, and
normally the lowest bidder wins. A school system may want to buy a large number
of computers. Several companies are asked to submit prices, and the school
district will decide on the best bid--based as well on considerations of
quality and service.
Product Distribution
The
physical distribution of products has two primary aspects: transportation and
storage. Both aspects are highly developed and specialized phases of marketing.
The costs of both transporting and storing are built into the prices of products.
Transportation can be by truck, railway, ship, or barge. For some items, such
as exotic plants and flowers, or when rapid delivery is essential, air freight
may be used.
Storage,
or warehousing, is a necessary function because production and consumption of
goods rarely match: items generally are not sold as quickly as they are made.
Inventories build up, both in warehouses and at retail establishments, before
the goods are sold. The transportation function is involved in bringing goods
to a warehouse and taking them from it to retail stores.
Storage
performs the service of stabilizing market prices. If, for example, no
agricultural produce could be stored, all food would have to be put on the
market immediately. This would, of course, create a glut and lower prices
drastically. There would be an immediate benefit to consumers, but in the long
run they would suffer. Farmers, because of low prices, would be forced off the
land, and the amount of food produced would decrease. This, in turn, would
raise consumer prices.
Warehouses for storage are of several types. Private warehouses are
owned by manufacturers. Public warehouses, in spite of their name, are
privately owned facilities, but they are independent of manufacturer ownership.
General-merchandise warehouses store a great variety of products. Cold-storage
warehouses store perishable goods, especially food products. Grain elevators
are a kind of warehouse used to keep wheat and other grains from spoiling. A
bonded warehouse is one that stores goods, frequently imported, on which taxes
must be paid before they are sold. Cigarettes and alcoholic beverages are
common examples.
The
distribution center is a more recently developed kind of warehouse. Many large
companies have several manufacturing plants, sometimes located outside the
country. Each plant does not make every company product but specializes in one
or more of them. The distribution center allows a manufacturer to bring
together all product lines in one place. Its purpose is to minimize storage and
to ease the flow of goods from manufacturers to retailers rather than build up
extensive inventories. It reduces costs by speeding up product turnover. Very
large corporations will have several distribution centers regionally or internationally
based.
Merchandising: Wholesalers
The word
middlemen is often used to describe wholesalers, because they operate between
the manufacturer and the retailer. They normally do not deal directly with the
final customer, though there are some notable exceptions. The most traditional
role of wholesalers has been to purchase products from the producer and sell
them at a markup to the retailer, who then sells them at a markup to the
consumer. This simple definition is almost deceptive because there are so many
kinds of wholesalers.
The
three basic kinds of middlemen are merchant wholesalers, manufacturers' sales
branches, and agent middlemen. Merchant wholesalers and agent middlemen can be
divided into several subgroups.
Merchant wholesalers actually own the products they sell. They pay the producers for the
goods and take ownership of them, thus relieving the manufacturer of any
further responsibility in the selling procedure. The two main categories of
merchant wholesalers are full service and limited service. Full-service
wholesalers are generally more significant in terms of sales volume. They
perform a number of services for their customers, the retailers. They stock
inventories, operate warehouses, supply credit, make deliveries, and employ
salesmen to help customers. General-merchandise wholesalers carry a wide range
of products. Single-line wholesalers carry a limited line of goods, such as
coffee, tea, or cigarettes. Specialty wholesalers carry a narrow range of
products, such as Mexican foods or exercise equipment.
Limited-service wholesalers handle a variety of specialties. They differ
from full-service wholesalers in that they perform fewer functions for their
customers. For example, they might not arrange credit or make deliveries.
Limited-service wholesalers include cash-and-carry wholesalers, rack jobbers,
drop shippers, truck wholesalers, and mail-order wholesalers.
Cash-and-carry wholesalers normally deal with small retail
establishments that cannot afford to make large purchases from general-service
wholesalers. They deliver the products, and the retailer must pay cash for
them.
Rack
jobbers deal in nonfood items that are sold in grocery stores. The merchandise
is often displayed on wire racks in the stores. Drop shippers arrange for the
shipment of goods directly from the manufacturer to the retailer, without ever
handling the goods themselves. Truck wholesalers sell and deliver directly from
their vehicles, often for cash. Mail-order wholesalers are similar to their
retailing counterparts. They sell goods out of catalogs to retailers and
industrial customers.
Manufacturers' sales branches are company-owned business operations located away from the corporate
headquarters or its manufacturing units. The Tandy Corporation, for example,
operates Radio Shack outlets for its computers and other products around the
world. IBM has similar establishments. These outlets display products and
arrange for financing and service. Their role as middlemen is obscured by the
fact that they deal directly with final consumers.
Agent middlemen, in
contrast to merchant wholesalers, do not purchase the goods they sell. Their
purpose is to bring together buyers and sellers, and they make their money as a
commission of the sale price. Many agents specialize in specific kinds of
products. Paterno Imports, for example, is a wholesaler for imported wine and
liquors. The chief kinds of agent middlemen are brokers, auction houses,
commission merchants, sales agents, manufacturers' agents, and import-export
agents.
Probably
the most familiar type of broker is the real-estate agent, whose job is to
bring together the seller of a house or other building with a buyer. There are
also food brokers who specialize in grocery products.
Auction
houses provide places for sellers and buyers to come together. Sotheby's and
Christie's, based in London, are two well-known auction houses for the arts.
Auctions are also held for other goods, such as tobacco, used cars, and
livestock.
Commission merchants are middlemen in the most obvious sense. They take
goods shipped to them by sellers and arrange for sale. These agents are most
often used for agricultural products. Sales agents are marketing experts who
take over the marketing tasks from manufacturers. They sell all of a company's
output and generally have a say in setting prices. They also send back
marketing information to manufacturers and thus may play a role in product
development.
Manufacturers' agents, in spite of their title, are really independent
(in contrast to a manufacturer's representative). They work on a commission
basis for several, usually noncompeting, companies. The agent is primarily a
salesperson and already has a territory and sales contacts. Import-export
houses represent manufacturers whose companies are separated geographically
from the point of sales. They are basically brokers who simplify the
wholesaling and retailing process for foreign or domestic companies, depending
on which way the trade is flowing.
Merchandising: Retail Operations
Retailing, selling to the final consumer, is the aspect of marketing
with which most people are familiar. It encompasses every type of final
selling, from the door-to-door Avon lady to department-store chains. It is the
goal toward which all other aspects of marketing are directed.
Most
consumer goods are sold in stores, and the word store is related to storage: a
place where products are gathered under one roof. Other selling takes place
away from stores--such retailing as telephone solicitation and direct-mail
selling.
Types of stores. In the
19th century, general stores were found throughout the United States in rural
areas, and some continue to exist today. They served farmers in the surrounding
area as well as the local community by selling a wide range of goods, including
food, clothing, housewares, and farm equipment. Because it was the one place
for people to buy their necessities, the store also served as a meeting
place.
After
the American Civil War, single-line or limited-line stores became common in
cities and often in small towns as well. These stores stock either a single
kind of merchandise or a small variety. Bakeries and meat markets, for example,
are single-line stores. Some single-line stores are specialty stores, such as
health-food stores, bookstores, sporting goods stores, automobile dealerships,
and clothing stores. A fresh-produce market, stocking fresh meats, vegetables,
fruits, and dairy products, is a limited-line store. A convenience store, such
as the Southland Corporation's 7-Eleven Food Stores or the neighborhood
family-owned shop, is a limited-line food store. The disadvantage of these
stores is the limited number of products they can carry, and many have been
forced out of business by the larger supermarkets.
If a
large collection of specialty and limited-line stores is brought together into
one building under a single ownership, the result is a department store. These
are large, multistoried buildings in which customers may find nearly every
product on the market today. There are full lines of clothing, shoes,
appliances, jewelry, sporting goods, books, cosmetics, furniture, art works,
china, silverware, selected food products, and much more.
Establishments similar to modern department stores existed in Japan as
early as the 17th century. They appeared in the United States when central
business districts developed in large cities. In the 1920s central-city
department stores began establishing branches in suburbs. Today most branches
are located in shopping malls. Some department stores, such as Sears,
Montgomery Ward and Company, and J.C. Penney Company, have become international
chains, though none of the three originated as department stores. (Sears and
Montgomery Ward began as mail-order houses, and J.C. Penney was a dry-goods
store.)
Mass
merchandisers such as Kmart, Target, Wal-Mart, and Woolco are similar to
department stores in arrangement of goods and comparable to the old
"five-and-dime" stores such as F.W. Woolworth Company and S.S.
Kresge. They are normally chain enterprises. They are not usually so large,
however, and they are self-service stores with checkout counters similar to
grocery supermarkets. They offer a low markup price and depend on high
turnovers of goods for their profits.
The
supermarket is a mass merchandiser of food and related products. Some
supermarkets incorporate departments for drugs, hardware, appliances, liquor,
film development, and other products as well. Supermarkets are self-service stores
with checkout counters. Their customers are people who come once a week or less
and stock up on many dollars worth of goods. As stores have become more
competitive, supermarkets are incorporating specialty shops, such as small
bakeries and delicatessens, into their stores. A variation on the supermarket
is the box store, which sells products directly out of cartons. By reducing
overhead, a box store can keep its prices lower than those of regular
supermarkets.
Discount
houses, often specializing in appliances and electronics, emerged after World
War II in the United States. They carry large inventories and sell their
products at lower prices than those asked by other retail outlets. Some are
called closed-door discount houses because they sell only to certain groups,
such as labor-union members or government employees. The success of discount
houses has depended on the nullification of so-called fair-trade laws, which
once required retailers to sell at prices set by manufacturers. Outlet stores,
such as factory outlets, department store outlets, and catalog outlets, sell
merchandise at prices that are 20 to 60 percent lower than goods at regular
retail stores.
Nonstore selling. There are at least five means of selling without the need for stores: catalog
sales, direct mail, door-to-door selling, the use of vending machines, and
telemarketing. Mail-order buying from catalogs is still a popular way to shop.
Spiegel Incorporated, in the United States, does most of its business as a
mail-order house, though it does have some small retail outlets.
Sears,
Montgomery Ward, and J.C. Penney still do a large mail-order business. Many
department stores also offer catalogs to their customers. Catalog showroom
retailers, such as Service Merchandise, are similar, but they have the
merchandise displayed in large retail outlets.
Direct-mail selling is similar to catalog retailing. To purchase goods
from a catalog, a buyer may go to the retailer to place an order. In
direct-mail selling the approach to the customer is by mail, and orders are
placed either by mail or by telephone. The customer may be mailed a catalog, or
the seller may just send a few brochures offering specific items. The customer
mails a response card or, to save time, may telephone. Many firms, including
the bank-card systems and oil companies, regularly send direct-mail
solicitations to their customers.
Door-to-door selling by the Fuller Brush Company, encyclopedia
salespeople, and cosmetics salespersons is less common than it once was.
Party-plan selling is similar to door-to-door retailing. A homeowner invites
friends to listen to a sales pitch, merchandise is displayed, and orders are
taken. This type of selling is done by such companies as Tupperware, Mary Kay
Cosmetics, and Shaklee vitamins.
Vending
machines have been in use in Europe since the mid-19th century to sell candy
and tobacco products. Their practical use in the United States began in 1888,
when coin-activated machines were used to expand the sales of chewing gum. (See
also Vending Machine.)
Refrigeration was added to vending machines in the 1930s in order to
sell ice cream and soft drinks. Vending-machine operations are usually done on
sites owned by other businesses. They are especially common in schools and workplaces
as purveyors of food, coffee, and soft drinks.
Telemarketing literally means "selling from a distance." It
includes telephone solicitation and buying by means of television and
computers. Telephone solicitation is frequently done to offer credit cards, ask
for newspaper subscriptions, and to sell vacation or retirement property.
Instead
of waiting to be called by telemarketers, customers can also call special 900
numbers to order a wide variety of goods and services. These include checking
sports scores, stock prices, and weather forecasts; phoning in one's opinion on
public opinion polls; and ordering merchandise. These numbers are sometimes
controversial because some companies take unfair advantage of consumers, and
because the numbers are accessible to anyone who can dial a telephone,
including the very young for whom some of the "talk" services offered
are inappropriate.
Home
shopping by means of television and computers is another development in
marketing. Television viewers can see goods they may want to purchase and order
them by telephone. Purchases are made by credit card. By the use of a modem a
computer can be put in contact, through the telephone, with any number of
businesses.
The
Comp-U-Card system in the United States is a computerized mail-order service
(named Telestore) through which subscribers can order merchandise by calling a
toll-free number. (See also Advertising; Cooperatives; Credit;
Economics; Franchise.) [1]
Hashim Ibrahim Filali
1. Comdata Observe (1-2), 1987H, 1988G - 1408H, 1409H
2. Comdata Coverage (1), 1988G - 1408H,1409H
3. Comdata Events (Information System), 1988G, 1989G - 1408H, 1409H
1410H
4. Catalogue 1996G by I.S. SDM; 1996g (Charts)
5. Education Activity and View Coverage; 1996g (Charts)
6. Regular Project..; 1996g
(Charts)
7. Challenge Task I (Business General Basics); 1996g
(Charts)
8. Challenge Task II (Understanding Data Processing); 1996g
(Charts)
9. Normal View and Check Coverage; 1996g (Charts)
10. Introduction to
Information Technology ( Real Life Business); 1996g
11. Business Concept and
View Points (Part I); 1996g
12. Business Concept and
View Points (Part II); 1996g
13. Marketing Strategy for
Success; 1996g
14. Basic Rules For
Information Management; 1996g
15. Organization
Management and Administration Coverage; 1996g (CT
iii)
16. An Entrance to Next
Century; 1996g (CT
vi)
17. Survival in Business
by an Easy Procedures; 1996g (CT
x)
18. Monitoring Project
Planning and Facilities Update; 1996g (CT xx)
19. Project’s Activities
and Related Tasks; 1996g
20. Join the Competition
and Win the Challenge; 1996g (CT
xxv)
21. Directions of
Management and Processing; 1996g (CT
xxx)
22. Productiveties
Improvement and Getting Update; 1996g (CT xxxv)
23. Culture Effect in
Marketing Business; 1996g (CT
xxxx)
24. Efficient Methods of
Management Administration; 1997g (CT xxxxx)
25. Creating Procedures to
Get Best Project Processing; 1997g (CT 100)
26. Meet the Changing
Demands in the Market; 1997g (Acceptance Package to the Customer) (CT
200)
27. Windows to the
business in the Market; 1997g (CT
222)
28. Sort of Existing
Business - 0X 1997g (Chart) (CT
999)
29. Access All the
Authorized Channels by an Ease
30. A little Moment in Management
(Information Technology Systems) 1997G
31. Major and Minor
Activities Coverage 1997G (CT
2000)
32. Way of Organizing the
work (Information Technology Systems)
1997G
33. Dealing Right to get
your Rights (I.T.) Industrial Engineering)
1998G
34. Simple Ways to
Project Activities 1998G
35. Packaging Systems and
Quality Packing (I.T. Industrial Engineering) 1998G
36. Academic and Non
Academic Business (Industrial Engineering)
1998G
37. SDM-IE Newsletters –01- 1998G-1999G
[1]Excerpted
from Compton's Interactive Encyclopedia Deluxe. Copyright © 1994, 1995,
1996, 1997 The Learning Company, Inc. All Rights Reserved.