How does the firm go about collecting information

Assignment Help Marketing Management
Reference no: EM132314505

Purpose of the assessment

This assignment requires your group to undertake the process of analysing one organisation and its operating environments from a marketing perspective. And then apply the learning from lecture 1-9 in the development of marketing strategy. You will provide an overview of this organisation, as well as detail the type of orientation towards marketing it takes. You are also required to examine and analyse the context and environments in which this organisation operates (its industry and the macro-environmental forces impacting on the industry).

Assignment Specifications

Please note that a draft version of group assignment must be submitted by 5pm on Friday 24th May, 2019, week 9 the latest and includes the following content:

- Topic chosen
- Draft executive summary
- Headings for main body of the essay
- Individual contribution to the essay, detailed by each heading
Please be noted that if the draft version is not submitted, the final submission of the essay will not be marked and a penalty of 1.5 marks is applied to the late submission of the draft version.

Marketing strategy development

This length limit includes any text, figures, tables, in-text references, and appendices. This limit does not include the cover page, table of contents, or list of references (at the end of assignment).

Formatting: Report and please ensure that the report includes page numbers on each page.

It is critical that students have a group and that you have informed me and you have been recorded in the system as part of a group.

Regarding the group assignment, an individual student who has not joined any group and who has not registered in any group in the system cannot submit the group assignment because the link has been set up as a group submission mode (That is, the group submission links are not visible to any individual student who is not a member of any group).

By now, you should see on your course home page and under "Assignments and Due Date" 2 links: 1) Self- check link; and 2) Final submission link;

Use 1) and 2) to upload your written report. Only 1 student (i.e. the group leader) should submit. Once a member has uploaded a report, the other members can no longer upload a duplicate copy of the report.

Requirement:

This assignment requires your group to undertake the process of analysing one organisation and its operating environments from a marketing perspective. And then apply the learning from lecture 1-9 in the development of marketing strategy. You will provide an overview of this organisation, as well as detail the type of orientation towards marketing it takes. You are also required to examine and analyse the context and environments in which this organisation operates (its industry and the macro-environmental forces impacting on the industry).

Instructions

The report must address the following issues:
**Please note: It is recommended that you follow the outline presented below and answer each question as it is presented.

Issue 1
Provide a brief description of this organisation and the industry to which it belongs. You may also want to include in this description any mission statements, value statements or ‘slogans' that this organisation utilizes to communicate its purpose. In describing this organisation, please also identify its orientation towards marketing and provide relevant, detailed and factual supporting evidence to substantiate why you have identified this specific orientation. Finally, include a brief description of the product(s) this organisation offers the market. And comment on what role the brand has in this organisation's marketing strategy.

Issue 2
Analyse each of the 5Cs for this organisation:
a. Company - what are the strengths and key resources, what are some of the weaknesses? What are the opportunities and threats?
b. Customers - who is the company serving and what type of behaviour is ‘typical' from them?
c. Collaborators - describe their suppliers, distributors or other partners that help the company to deliver their products to the market? If company doesn't have any - explain why it is not necessary.
d. Competitors - who are the current main competitors, are there any potential new threats or new entrants to the marketplace?
e. Context - what other factors affect this organisation (e.g., legal, political, technological, etc.)?

Issue 3
How does the firm go about collecting information (e.g., market research, market intelligence, etc.) about the 5Cs? For example, how does it learn about?
a. What customers want?
b. Which competitors pose a threat?
c. How the context of business is changing, if at all?
d. What role collaborators play in the process?

Issue 4: Developing marketing strategy
Based on the market analyses, outline potential market segments that are available to the chosen organisation. Recommend and justify:
- a choice of target market(/s)
- a value proposition for the target market(/s).

- a positioning statement for the target market(/s).

Issue 5: Developing marketing tactics

Recommend and justify a detailed marketing mix (4-7Ps) to support the marketing strategy described in Issue 4.

** In all cases, please remember to justify your argument(s) in this assignment by explaining and providing reasoned arguments for why you have formed your views. Please ensure that you support your arguments by explicitly applying and drawing insights and conclusions from relevant marketing models, concepts and theory covered in the course to date. Do not simply rely on offering personal conjecture or opinions.

Verified Expert

This assignment was about marketing management concept in a retain food chain organisation.George Weston Food Retain is the organisation about which was briefed in the beginning. As the marketing analysis strategy 5 Cs was applied.Further marketing mix strategy was applied to generate overall understanding in 7Ps dimension was conducted. This allowed the organisational marketing performance to become vivid.Recommendations were suggested against these practices.

Reference no: EM132314505

Questions Cloud

How could you mitigate the negative consequences : What do you think would happen to the production process and how could you mitigate the negative consequences?
What is target market : 1. What is your target market? 2. What is the size of your target market?
How did the depression help pepsi gain market share : How did the depression help Pepsi gain market share? How did Coke become the most recognizable brand in the world?
Relationship between major and career : Find out some online common myths about careers, the relationship between major and career, how you get into a career, or any other commonly believed
How does the firm go about collecting information : HI5004 - Marketing Management - Holmes Institute - How does the firm go about collecting information - Provide a brief description of this organisation
What are the benefits and disadvantages of tools : What are the benefits and disadvantages of these tools? What combination of tools would be best for your business & industry? Why?
What can be the challenges and issues when operating : What can be the challenges and issues when operating/running a small company like a small limousine service company?
How would you resolve the following issue : Is what you would actually do different from what you should do? If so, why?
Provide an overview of your legal tax obligations incl : Provide an overview of your legal tax obligations incl. Payroll Tax and Super, and the penalties which apply for failing to comply with these.

Reviews

len2314505

5/31/2019 12:26:19 AM

Issue4: Developing marketing strategy 6.5 to 7.5 points Gives a detailed discussion about segmentation, clear argumentation about positioning statement Issue 5: Developing marketing tactics 6.5 to 7.5 points Logical, insightful, original discussion with well connected with all previous discussion. Provide clear marketing mix which supports the marketing strategy presented in the previous section.

len2314505

5/31/2019 12:25:56 AM

Criteria Issue 1: Provide a brief description of the company and the industry to which it belongs Very Good 2.75 to 3 points Introduces the topic of the research report in an extremely engaging manner which arouses the reader's interest. Gives a detailed general background and indicates the overall "plan". Issue 2: Analyse each of the 5Cs for this company 5 to 6 points Logical, insightful, original discussion with well connected Issue 3: Collecting information for 5Cs5 to 6 points Gives a detailed discussion about how the company collect information for 5Cs

len2314505

5/31/2019 12:25:22 AM

Marking criteria Weighting Issue 1 (10% of marks for the assignment) Provide a brief description of this organisation and the industry to which it belongs 10% Issue 2 (20% of marks for the assignment) Analyse each of the 5Cs for this organisation 20% Issue 3 (20% of marks for the assignment) How does the firm go about collecting information (e.g., market research, market intelligence, etc.) about the 5Cs? 20% Issue 4: Developing marketing strategy (25% of assignment marks) Based on the market analyses, outline potential market segments that are available to the chosen organisation. 25% Issue 5: Developing marketing tactics (25% of assignment marks) Recommend and justify a detailed marketing mix (4-7Ps) to support the marketing strategy described in Issue 4 25% TOTAL Weight 100%

len2314505

5/31/2019 12:25:12 AM

Please note that a draft version of group assignmentmust be submitted by 5pm on Friday 24th May, 2019, week 9 the latest and includes the following content: - Topic chosen - Draft executive summary - Headings for main body of the essay - Individual contribution to the essay, detailed by each heading Please be noted that if the draft version is not submitted, the final submission of the essay will not be marked and a penalty of 1.5 marks is applied to the late submission of the draft version.

len2314505

5/31/2019 12:25:03 AM

Due Date Week 10, Friday, 11.30pm Submission Guidelines • All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page. • The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers. • Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using Harvard referencing style.

Write a Review

Marketing Management Questions & Answers

  Develop a strategy for launching the product in a manner

Develop a strategy for launching the product in a manner most likely to capture the attention of the product's primary target market.

  Steps in price planning for raffles hotel

Raffles Hotel Singapore 1. Write definition of pricing (with 20 referencing) - at least 8 pages a) What is price (explain in price) b) Explain the steps in price planning for Raffles Hotel i) Step 1:

  Define content marketing and ad blocking

What the below words mean to you, tell me your thought. in at least THREE sentences each one . it is Not definitions- Content marketing, Ad Blocking and Product placement

  Find the maximum ke of the emitted electron

Light of frequency 7.0×1014 Hz is directed on a particular metal surface. An energy of 4.0 × 10-19 J = w is required to remove an electron from the surface of the metal.

  The purpose of this project is to have students discover in

the purpose of this project is to have students explore in modest depth the operations function of an existing service

  How will you manufacture your product

How you will work with your channel members to help them promote your product to the ultimate consumer. This may include push and pull promotional strategies.

  Case study on manchester products

Evaluate sources of information, methods of collection and analysis suitable for international marketing. Critically compare and contrast strategies for export, international and transnational marketing.

  Discuss trends impacting marketing

Discuss trends impacting marketing and the implications of these trends on how marketers deliver value to customers.

  What is the business

Create a 1 page mission statement for Tesla Inc. What is the business? Who is the customer? What do consumers value?

  Theory and techniques of company and product

Achieve an understanding of the theory and techniques of company and product/service pricing. Apply a framework based on concepts drawn from cognitive psychology, consumer behavior, economics, and industrial organization

  Which factors best explain why google was so successful

Which factors best explain why Google was so successful in the first place? Were any of these conditions for success put in jeopardy by the decision to launch.

  How effectively did you establish a distribution channels

How well did you build customer awareness through promotion? How effectively did you establish a sales force and distribution channels?

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