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Models of Marketing Simulation for SMES in Romania: Strategic Game for Marketing Mix Simulation

Author

Listed:
  • Pistol, Luminita
  • Tonis (Bucea-Manea), Rocsana

Abstract

SMEs in Romania are facing a lack of funds for financing, poor information, inadequate legislative restrictions for developing the economic environment, low level of accessing European funds etc. Funding problem could be partially solved if the marketing department did different marketing simulations before making the marketing budget and the business plan. In this article we review some of the marketing simulation models that can be achieved without the need for investment and as a case study we have chosen to simulate a marketing mix strategy using strategic games.

Suggested Citation

  • Pistol, Luminita & Tonis (Bucea-Manea), Rocsana, 2014. "Models of Marketing Simulation for SMES in Romania: Strategic Game for Marketing Mix Simulation," MPRA Paper 67062, University Library of Munich, Germany, revised 2014.
  • Handle: RePEc:pra:mprapa:67062
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    File URL: https://mpra.ub.uni-muenchen.de/67062/1/MPRA_paper_67062.pdf
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    More about this item

    Keywords

    SME marketing simulation game strategy; marketing mix; budget; linear programming;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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