Define scope of the challenges De Beers face

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Reference no: EM131846130

Assignment -

Overview - This assignment gives students the opportunity to apply the concepts learned in this and previous coursework to analyse a real-world case study scenario. This scenario will illustrate through example the practical importance and implications of management and strategic planning. This analytical exercise will improve students' understanding and ability to think critically about the business and its future direction, to better able to understand and analyse real business problems and strategies.

CASE STUDY - De Beers Group: Marketing Diamonds to Millennials

CASE STUDY QUESTIONS

1. In your opinion what are the main issues in the case? What analysis did you do to make this conclusion?

2. Define scope of the challenges De Beers face in relation to marketing to Millennials?

3. What would you recommend to De Beers with respect to its marketing strategy? Justify your recommendation.

Note: Please ensure a minimum of3(excluding the case study) scholarly references in relation to the analysis (these may be sourced journal articles, academic papers, Harvard readings, McKinsey publications etc.), and are cited in-text and in the reference list in support of your application of business models and frameworks.

CASE STUDY GUIDELINES -

Apply relevant business concepts and frameworks to answer the case study questions.

Demonstrate the use of critical thinking in relation to the questions and case study approach.

Analyse the industry dynamics in relation to the new growing Millennials Customer Group which the selected company is marketing to.

Analyse the industry, selected company's' competitive position.

Develop practical solutions for strategic issues facing the business.

Attachment:- Case Study.rar

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In the given assignment we have discussed about the challenges that are faced by the De Beers Group in marketing and selling of diamond to the millennial generation and how it manages to overcome such challenges. Proper recommendations have been provided along with practical solutions in order to encourage the selling of diamond and related products.

Reference no: EM131846130

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Reviews

len1846130

2/3/2018 12:00:09 AM

Details - Students will ANSWER ALL THREE (3)CASE STUDY QUESTIONS(see below) by applying a Case Study Analysis. PLEASE NOTE that students are to also ensure that in answering the questions that application of the relevant business concepts and frameworks are included as per the notes in the case study guidelines below. Case Study Link: As a student of this unit you are free to read and download the document, and to print one copy for your use. You may not make multiple copies for others, disseminate the document to unauthorized users, edit or alter it, or otherwise exercise any intellectual property rights, all of which remain with Harvard Business School Publishing (HBSP). Western Sydney University School of Business is required to notify HBSP if it becomes aware of serious noncompliance with these instructions.

len1846130

2/3/2018 12:00:03 AM

Note: Further details and materials for this assignment will be made available to the students in the Session 1 class and posted on vUWS. Note: Number of words: 1,500 words plus References and Appendices (not included in word count). Formatting requirements - 12 point font size; 1.5 spacing, Arial font style. References according to Harvard Referencing Style. Late reports will attract a 10% penalty of the assignment mark for each day late.

len1846130

2/2/2018 11:59:57 PM

Provides a sound case analysis of industry size, main segments, maturity, opportunities and threats in the industry, key trends and outlook for the industry, and major competitors; specifically identifies target market and consumer demographics, and fully describes niche in which the company will operate; clearly presents significant competitive advantages. Demonstrates well-developed ability to integrate and apply relevant concepts, models and frameworks in relation to analyzing the business; effectively examines and analyses important issues that are central to the development (or decline) of the business by applying critical thinking elements.

len1846130

2/2/2018 11:59:53 PM

Clearly justifies strategic recommendations and conclusions for action based on strong analytics and appropriate concepts and principles in business. Uses an extensive range of texts from company reports, journals, books, magazines/ newspapers and internet sources. All sources are cited in-text and end-text. Report is well laid out and has logical flow of thoughts, is well structured and easy to read. Accurate referencing with in-text and end-text citations. Use of sources is to evidential support for own original arguments.

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