Subject category:
Human Resource Management / Organisational Behaviour
Published by:
Ivey Publishing
Version: 2024-03-18
Length: 7 pages
Data source: Field research
Share a link:
https://casecent.re/p/197922
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Abstract
On July 15, 2022, the senior marketing manager of Prabhu Murthy Industries Limited participated in a high-priority meeting attended by all of the company's executives to discuss a pressing issue. The company's unstable financial position and disappointing results had tarnished its reputation among investors. The company had to quickly raise funds by promoting itself as a favourable investment option for the public and investors, and the senior marketing manager was entrusted with developing an advertisement that would fulfill this purpose. As he contemplated the challenging week ahead, the senior marketing manager grappled with determining the most effective course of action to achieve the company's objective. How would he convey the right advertising concept to effectively inspire confidence in investors and stakeholders? His contemplation would also underscore the importance of ethical communication in the financial services industry.
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Abstract
On July 15, 2022, the senior marketing manager of Prabhu Murthy Industries Limited participated in a high-priority meeting attended by all of the company's executives to discuss a pressing issue. The company's unstable financial position and disappointing results had tarnished its reputation among investors. The company had to quickly raise funds by promoting itself as a favourable investment option for the public and investors, and the senior marketing manager was entrusted with developing an advertisement that would fulfill this purpose. As he contemplated the challenging week ahead, the senior marketing manager grappled with determining the most effective course of action to achieve the company's objective. How would he convey the right advertising concept to effectively inspire confidence in investors and stakeholders? His contemplation would also underscore the importance of ethical communication in the financial services industry.