Wednesday, October 9, 2013

An enlightening Business Studies Guest Lecture!!!


 On the 9th of October, the Business Studies students of 10th IGCSE were treated to a guest lecture by Dr. Y Malini Reddy who is an associate Professor in the Marketing Area of Administrative Staff College of India (ASCI). Dr Y Malini Reddy is an Economics graduate from Sri Ram College of Commerce, Delhi University and has completed her Post Graduate Diploma in Garment Manufacturing Technology from the National Institute of Fashion Technology. She has more than 16 years of experience in academics, teaching post-graduate programs at Universities such as National Institute of Fashion Technology, ICFAI Business School, Hyderabad Institute of Management Technology to name but one of her accomplishments. 



 She came to teach us more about the different types of marketing. We learnt about the many aspects marketing, starting with price, product, promotion and place. In an interesting activity, Dr. Malini Reddy invited two volunteers to try marketing their own brand of potatoes. Furthermore, we learnt the levels of marketing research, marketing scope and the types of market orientations; consumer and product orientation. She explained through various examples of products, and through her personal experiences. After the 4 P’s of marketing, we were taught how businesses carry on after selling their products, and the benefits that we gain from marketing. We were also shown a funny video demonstrating the different types of marketing. In addition, Dr. Malini Reddy showed us different examples of case studies teaching us more about the vast difference that businesses have to overcome between the rural and urban markets of India.
                      The guest lecture was very interesting and we were excited that we could get the opportunity to learn from a professional with experience in the field of business, and we would like to have another interesting guest lecture similar to this one as it has been very enlightening.
-reflection by Karthik, Dharma and Nikhil, 10th IGCSE.

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