Lessons Learnt in Marketing Mix and Financial Modelling

This document discusses the lessons learnt in marketing mix and financial modelling for post graduation studies. It explores the challenges faced in understanding the topics and the strategies used to improve study methods. The importance of effective time management, group studies, and seeking help from tutors is emphasized. The document concludes with the benefits of applying these strategies and the importance of staying updated in the corporate world.

PPMP20008
2019 TERM 1 ASS_3
LESSONS LEARNT
Name:
Student Number:
Campus:
Tutor:
Tutorial number:

INTRODUCTION
The ability to speak about ones action and describe about how one feels is a reflective practice. It
tell the story that the person is going through. Here the learning I n the class is a kind of reflective
activity as you are not only involved but also associated with it. The two lesson taken to describe
are marketing mix and financial modeling for my post graduation studies.
2. LESSONS LEARNT: FRAMEWORK
2.1 How I planned to gather and document lessons learnt
When
I planned to identify and collect
lessons learnt
Who
I planned to involve in the
process of gathering lessons
How
I planned to document lessons
The moment the semester started
i started to take the notes. But
somehow the notes that started
to take were irrelevant so i went
to net and found more important
and relevant topics to the lesson.
The notes that i took where from
the university website and they
were very boring. The time to
start studying is always from the
being and there is no question in
it. The notes that were available
during the lectures were worthy.
I kept making note.
I was sure to get in touch with
the lecturer to know the lesson
better. But it was not possible
every time. So the help of online
interface helped me complete
my studies. The notes were
mailed by them and the doubts
were cleared over the email or
chat .
As the lesson where present on
the university site i downloaded
them and documented the notes
on the word file. The word file
was converted to pdf for safe
untempered notes. I also
download the journals available
online as sometimes the teachers
language was not easy to
understand so i took help from
Google scholar .
2.2 What actually happened?
When...
I identified and collected lessons
learnt
Who...
I involved in the process of
gathering lessons
How...
I documented lessons
I was messed up. Although i was
prepared to get the notes and
save them for future reference
but all of them messed up. I
didn’t made proper folder and
when i needed them to study i
could not locate which one was
for what. I should have listened
to the professors.
The online study with the
teacher was awesome they
helped me every time. I was able
to take the notes sent by them
and all get instant reply for any
query asked. The only problem
was net connection sometimes it
lagged very much.
As i got totally messed up. my
folders were not labelled
properly and the notes were
huge so at the last moment i was
not able to locate the proper
studying material. So i took the
help of Google again and
downloaded the journals and
notes online which saved me
from failing.

3. LESSONS
3.1 Lesson 1
1. Situation 2. The situation made me
feel…
3. What I learnt from
reflecting on the situation
Marketing Mix is tool in
marketing that is made up of
place, people, price, promotion.
To sell a product the 4 p needs
to be understood so that it can
be placed at best price at the
best location. The challenge was
to understand the topic
practically. With the broken
lectures and difficult study
material i was only getting the
theoretical knowledge and i
missed on the practical
knowledge of what actually it is
and how it is helpful in
marketing the product. I was
desperate to get help. So the
help of the teacher online was
great. I was able to score well in
all the test thanks to my
teachers.
I became under confident when i
was not able to follow. The
study material was in tough
language and at that pint i felt i
am not good at anything. So the
help of the net saved me and my
confidence. The teachers and
student session was also help
full.
The situation made me tough
and i was able to gain
confidence once coming out of
the bad phase. When i studied
the notes from the net i was able
to understand the study material
and was able to score well in the
quiz and test. The lesson should
be understood nicely before
selecting and when you once
choose the subject be sure to
analyse the benefits of it.
Marketing mix is the most
useful topic as that I used in all
the company to launch a new
product. The notes and practice
examples on the net were \very
helpful.
3.1.1 LESSON 1: IMPROVEMENT STRATEGY
(a) Improvement
strategy
Explain what the
specific strategy is
that you will
implement to
address the lesson
identified above
(b)
Measurement
How to measure if
the strategy works
(c)
Achievable
Why the strategy is
achievable
(d)
Relevant
Explain the
relevance of
strategy to address
the lesson
(e)
Timing
When the strategy
will be
implemented
Management is the
most important
lesson learnt. If you
are not able to
manage your task
skilfully you can
The strategy
worked well. The
strategy was to
segregate
everything
according the
To achieve the goal
it is important to
have some
discipline in life.
Management
teaches us to be
The best use of
time by minimising
the work load. The
time consumed in
search increases the
time taken to study.
Every time i went
to study or do any
work i shall be
using the strategy
to accomplish the
best in the work.

lose. Thus to
manage everything
with proper
labelling and
arrangement made
my understand
the important of it .
requirement.
Proper labelling
and then make a
proper note of it.
Timely note taking,
updating the topics
online worked well
for the semester.
disciplined. I was
able to score well
after following the
rules .
Work management
is an Art and it
makes a person
more efficient.
3.2 LESSON 2
1. Situation 2. The situation made me
feel…
3. What I learnt from
reflecting on the situation
The lesson of Financial
modelling is related to financial
world. It deals with everything
that can make and break a
company financial data. The
modelling means to utilise the
given financial that of the
company to derive to a certain
expectation of the company. It
was not an easy subject again
the notes provided where
complicated and i needed a lot
of help to understand what it
was all about. So that situation
was of not able to understand the
lesson.
I was in panic as the dates for
the test was coming close . i was
unprepared and was not even
able to answer any question thus
to manage it i started to take
online lesson for it. It was costly
but it paid off well. I stopped
feeling panicked as the lectures
provided by them were pretty
easy to understand.
I learned that i should always be
prepared to take extra tuitions as
the lesson taught in the class are
never enough and also very
tough to understand. I am now
more confident as i am sure to
take extra lesson in future if i get
stuck in this situation again.
Because everything cant be
learned on Google sometimes a
good teacher nails the topic
better.
3.2.1 LESSON 2: IMPROVEMENT STRATEGY
(a) Improvement
strategy
Explain what the
specific strategy is
that you will
implement to
address the lesson
identified above
(b)
Measurement
How to measure if
the strategy works
(c)
Achievable
Why the strategy is
achievable
(d)
Relevant
Explain the
relevance of
strategy to address
the lesson
(e)
Timing
When the strategy
will be
implemented
The improvement
strategy was to
have more
information about
the lesson choose
for studies. Team
work makes the job
easy so for the next
time i have formed
a strategy to form
groups for the
To be very careful
while forming
group. The
studious student
can only be helpful
or else we shall be
ending in the dark
side of the studies
that is failing. If
there is at least
With effective team
management and
time management
we can achieve the
goal of score great
marks in the test.
The results of
group studies has
seen best results as
the you are not
alone and there are
It was relevant after
all the history
suggests that group
study has always
worked well on one
condition that the
group has at least
one intelligent
student. This is a
proven
methodology so it
Everytime i shall
be implementing
the strategy
specially while
studying tough
topics. This will
make me more
confident and will
encourage me to be
the best in the
group. This is tried

studies. This helps
in understanding
the topic better and
deeply.
two studious
students then the
pressure of study
decreases.
people who are
more
knowledgeable
than you so you are
able to properly
share the
information and get
educated well.
was very relevant
top form the group
and study together.
and tested
mechanism it
works all time.
4. CONCLUSION
In conclusion, the strategies formed to do excellent studies were made to get the good score. The
work management and group studies have helped me score well in the entire test. The help from the
tutor is an excellent methodology to understand the lesson better. To be prepared for the corporate
world one needs to be up to date and this can be achieved only by keeping oneself educated not
only theoretically but also practically. The lesson of marketing mix and financial modelling was
understood well with the proven strategies.
5. REFERENCES
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Harrington, j., murphy, j., coleman, m., jordan, d., & szacsuri, g. (2016). Financial modelling and
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Swan, j. (2015). Practical financial modelling: the development and audit of cash flow models.
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Akbar, f., omar, a., wadood, f., & yusoff, w. (2017). Niche marketing strategy framework for smes:
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Novela, s., & hansopaheluwakan, s. (2018). Analysis of green marketing mix effect on customer
satisfaction using 7p approach. Pertanika journal of social sciences & humanities.
Tantsurina, a. (2017). Developing a social media marketing strategy for the horse industry customer
group: case: avant tecno uk ltd.
Noe, r. A., hollenbeck, j. R., gerhart, b., & wright, p. M. (2017). Human resource management:
gaining a competitive advantage. New york, ny: mcgraw-hill education.
Deery, m., & jago, l. (2015). Revisiting talent management, work-life balance and retention
strategies. International journal of contemporary hospitality management, 27(3), 453-472.
Hughes, m., & wearing, m. (2016). Organisations and management in social work: everyday action
for change. Sage.