Define scope of the challenges De Beers face

Assignment Help Case Study
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

Verified Expert

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

Questions Cloud

Isis recruitment and us national security : As stated in the Academic Integrity Briefings, information taken directly from another source must be placed in quotations and cited
Explain the strengths-internal characteristics : Strengths-Internal characteristics that give the company an advantage over its competitors.
Look at the two predictive analytic techniques : Look at the two predictive analytic techniques - Delphi method and Red Teaming. From this discussion, you will better understand
What challenges does the european union face : What challenges does the European Union face in addressing the current refugee crisis?
Define scope of the challenges De Beers face : CASE STUDY - De Beers Group: Marketing Diamonds to Millennials. Define scope of the challenges De Beers face in relation to marketing to Millennials
Comment on deterrence and defense : How would you comment on deterrence and defense in light of the statement below?
Discuss the various cyber responses : Discuss the various cyber responses to the hacker group Anonymous and the potential governmental response to these attacks.
Role of adversarial collaboration in intelligence analysis : The forum this week addresses the role of adversarial collaboration in intelligence analysis. It is designed to help you recognize the benefits.
Fundamental aspects of human nature : What is the the drive for power and the will to dominate are the fundamental aspects of human nature.

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.

Write a Review

Case Study Questions & Answers

  Identify and describe the global market forces

Identify and describe the global market forces, risks, development chain, supply chain, and strategies from one of the following perspectives.

  Identify the need for appropriate coping skills

How could Tony be supported to identify the need for appropriate coping skills and behaviours to maximise his ability to do required activities within his own life situation?

  Conduct an analysis of the case

Conduct an analysis of the Case: Findings of the Inquest into the death of Christopher Hammett addressing the three sections as outlined.

  From the scenario, prioritize the attributes of golds reling

From the scenario, prioritize the attributes of Golds Reling's brand from the brand map presented in the scenario according to the attributes that you believe would be most important to the new tablet's target market. Provide support for your respons..

  What are the ethical pros and cons of a banking firm

What are the ethical considerations involved in a company's decision to loan executives money to cover margin calls on their purchase of shares of company stock?

  Complete the case study etsy breaking down a business model

Read how to analyze a case and then complete the steps below: - The introduction: a brief of my understanding of the case - The environmental analysis Stating the problem.

  Write case study on physical security

Write Case Study on Physical Security.- Assume you are a building contractor and you have won a bid to construct a high-rise residential apartment building.

  Negoatiation and critically asses the negoatiation process

Review what happend in the negoatiation and critically asses the negoatiation process by applying the various principles from the course reading .

  Write a draft of the proposal as your boss requested

Draft a set of ground rules for committee meetings. Try to suggest rules that will minimize political differences and focus on the overall benefit to the company.

  Summarize the case in an introduction

Summarize the case in an introduction.- Identify values evident in this situation.- Which of these reflect your personal values?

  What should be done to improve quality management

What should be the responsibility of the Quality Department for the Greasex product and what is wrong in the way quality is managed in this company

  Aviation management financial analysis

Financial analyst to conduct a comparative analysis on two members of this consortium, namely BAE Systems and Rolls Royce. You are required to submit a professionally produced report which should include a detailed analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd