Describe what marketing strategy adjustments should be made

Assignment Help Business Management
Reference no: EM132011552 , Length:

The assignment will about HP company Laptop silling

This assignment will meet the following learning outcomes:

1. Identify and critically evaluate the major environmental influences affecting global and international markets to justify recommended strategies;

2. Apply appropriate analytical models and frameworks to analyse, assess and critically appraise global and international marketing situation.

The Task

A company is in the stage of marketing the product to a developing country. A leading product of the company has been selected. A marketing consultant is considered by the company to help them select a developing country that may have a need for the product chosen.
As the marketing consultant, enlighten the company to prepare an analysis of the product's potential in the selected market. Use the following outline as a guide in their analysis.

1. Introduction

Describe the general nature, description, uses, benefits, cost and other characteristics of the product selected. Include current stage in product life cycle, and technological considerations. Describe the prospective consumers of the product. Discuss whether the selected market will apply standardisation or adaptation.

2. Market analysis

Research the internal and external environments of the country that you have selected. identify and critically evaluate the major environmental influences to your product as regards to the country's political, legal, technological, economics and cultural scenario.

Determine the level of competition to be encountered for your selected product in the chosen country. You have to assess who you are competing against with and describe their positional strengths and weaknesses; domestically and internationally. Analyse your competitors' angle to the market in order to find a weakness that your company will be able to use in its own market positioning.

Identify at least three (3) modes of entry possible to be used in entering the particular country selected and their impact to the marketing success of the company. Describe how the product will get from producer to end user.

Consider any barriers to trade/market your product and discuss how they are to be addressed. Describe what marketing strategy adjustments should be made. Identify and evaluate the degree of possible specific sources of risk the company would be exposed to in the exportation of the selected product and suggest possible ways to minimise these risks if not totally eliminating them.

3. Conclusion. It must be in a paragraph form. This part should state what the researcher found after the analysis was completed and the possible recommendations/suggestions if there is any. This is the end point of the discussion. This will disclose the "sorted-revealed fact".

4. References must be according to Harvard Referencing Style.
You are required to write a 2500 word report that covers the preceding requirements.

Please follow the below:
Introductions 425 words
A 275 words
B 150 words

Desiccation of sustainability 965 words
A 250
B 435
C 280

Desiccation of CSR 965 words
A 175
B 520
C270

Conclusion and recommendations 270 words
Conclusion 140 words
Recommendations 130 words

Verified Expert

The company HP has been introduced and the background of the study has been explained Market analysis- detailed market analysis has been done. Three ways of market entry and their pros or cons have been provided Desiccation of CSR- The HP social responsibility works have been stated and discussed Conclusion and recommendation- The implications of the study have been provided and the recommendations for the future growth and present market strategies have been discussed

Reference no: EM132011552

Questions Cloud

What is norm deductible loss : Norm's car, which he uses 100% for personal purposes, was completely destroyed in an accident in 2014. What is Norm deductible loss
How much time will be needed to complete the unit : Hawkins Products, Inc., has found that new products follow a learning curve. How much time will be needed to complete the 8th unit
Find the four possible ways of arranging the three resistors : Find the four possible ways of arranging the three resistors, and calculate the maximum power that can be dissipated in each of the ways.
Single nonzero force of magnitude : An object is acted on by a single nonzero force of magnitude F. Is it possible for the object to have zero angular acceleration? a. Yes or b. No
Describe what marketing strategy adjustments should be made : Describe what marketing strategy adjustments should be made. Identify and evaluate the degree of possible specific sources of risk the company would be exposed
Explain planck hypothesis and bohr model : Please explain Planck's hypothesis and Bohr's model and how these ideas shaped our modern understanding of the structure of the atom.
Develop a cost estimating equation : Using the high-low method to develop a cost estimating equation, the estimate of needed manufacturing supplies for July
What is the 5-year continuously compounded spot rate : What is the 5-year continuously compounded spot rate? What is the price of a zero-coupon bond that matures in 5 years?
What is the value of the third resistor : The whole arrangement gives a total equivalent resistance of 7.1. What is the value of the third resistor?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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