Demonstrate a strong critical understanding of retailing

Assignment Help Marketing Management
Reference no: EM132015117 , Length: 5000 Words

Retail Management and Marketing Assignment -

5,000 word report

During the early weeks of this unit, you have gained a strong understanding of the UK retail sector and its development and evolution. Due to the economic development of the UK retail sector, it is generally regarded to be among the most developed globally.

Taking a large UK grocery retailer - critically assess its growth and development in the UK market and conduct a contemporary market appraisal. In this report, you should discuss the evolution of the grocery sector in the UK and the relative positioning of the target retailer within it. This section of the report should critically discuss the key developments in the retail sector and provide a clear assessment of the market's current retail structure.

Following on from this market analysis and continuing to focus on the same retailer, critically appraise the role of international expansion in this retailer's recent (past 5 years) and future (next 5 years) development. Through the use of theoretical underpinning and a comprehensive analysis of international macro-economic indicators, identify and justify a logical new market for the retailer to expand into.

Throughout the report, you should seek to apply published academic literature and models to help inform your discussion and provide underpinning to the arguments you are presenting. All use of secondary materials should be correctly referenced using the BU Harvard system of referencing. This assignment assesses all Learning Outcomes of the unit as outlined below:

1. Demonstrate a critical understanding of the commercial and environmental forces which are shaping retailing in the UK;

2. Demonstrate clear understanding of the evolutionary development to the structure of the retail industry and the adoption of different retail formats over time;

3. Demonstrate a strong critical understanding of retailing trends and key considerations in the commercial environment and of the key elements of retail management;

4. Demonstrate a critical understanding of the commercial and environmental forces which are shaping international retailing;

5. Critically evaluate the theoretical parameters within which international retailing is understood and analyse and recommend business developmental opportunities;

6. Assess, communicate and report upon international retail market opportunities in relation to both commercial and ethical/cultural dimensions of their operation.

Verified Expert

This report presents an analysis of UK’s grocery business environment with Waitrose as the case study. The report finds that the UK grocery business environment has been marked by a significant level of developments and evolution in this 21st century. For instance, the industry is gradually being digitalized with many businesses endeavoring to incorporate e-marketing and digital operations to enhance productivity and marketing initiatives. Physical barriers in retail and marketing are slowly being eliminated.

Reference no: EM132015117

Questions Cloud

Stock under the discounted cash flow model : What is the expected rate of return for this stock under the discounted cash flow model?
What is examined in the simpler model : Suppose that the estimated coefficients b1, b2, and b3 are all positive in both Model (1) and (2) and b4 is also positive in Model (1).
What would you indicate is your philosophical paradigm : What are the similar parts and different parts for each of these paradigms? What would you indicate is your philosophical or theoretical paradigm and why?
What is the security equilibrium rate of return : The secuity has no special covenants. What is the security's equilibrium rate of return?
Demonstrate a strong critical understanding of retailing : Demonstrate a strong critical understanding of retailing trends and key considerations in the commercial environment and of the key elements of retail management; Demonstrate a critical understanding of the commercial and environmental forces which a..
Suffering from financial distress : Which one of these statements most applies to a firm that is suffering from financial distress?
Focus on suggesting two pieces of technology : Focus on suggesting two pieces of technology that you feel are essential to the implementation of your chosen strategic management goal.
Distribution of the number of viewers : The distribution of the number of viewers for AMC's "The Walking Dead" follows a normal distribution with a mean of 29 million viewers and a standard deviation
What is meant by ratio analysis : What is meant by ratio analysis? How ratio analysis may be used to predict an individual firm's stock price?

Reviews

Write a Review

Marketing Management Questions & Answers

  What is the specific heat of the unknown substance

What is the specific heat of the unknown substance, assuming all the heat is transferred to the water?

  Determine the graphical display tool that you would use

Improving E-Mail Marketing Response A company wishes to improve its e-mail marketing process, as measured by an increase in the response rate to e-mail advertisements.

  Preparing the promotional plan

As part of the marketing plan, you will be preparing the promotional plan, which will include the following: One interactive advertisement, using social media as the primary communication vehicle

  New advertising assistant in a large advertising agency

You are a new advertising assistant in a large advertising agency and a big client wants a small ad designed that will be cost effective in a publication you think appropriate. Create an advertisement for this sports-oriented resort (your choice). Yo..

  Discuss the importance of establishing targets

The planning stage of a DSM involves consideration of ‘where do we want to go?' having already established targets. Discuss the importance of establishing targets early on in a crisis management campaign.

  Businesses regularly set prices to satisfy demand

Businesses regularly set prices to satisfy demand or to reflect the premium that consumers are willing to pay for a product or service. This can result in $2 bottles of water, $150 running shoes, different prices at gas stations only miles or block a..

  Write report that confirms target market for a organisation

BSBMKG517 Analyse consumer behaviour for specific international markets Assignment. The student is to write a report that confirms the target market for a selected organisation. The report should: identify the market or market segment for a product..

  Determine the price point the company

Using the target price of $5.99, determine the price point the company should use for the wholesaler.  Does this price point allow the company to maintain its desired 45 percent mark-up?  If you know that the consumer price elasticity for this pro..

  General description of the product

Select a new product that could be introduced in the market. Alternatively, select an existing product that a firm would want to revamp and reintroduce in the marketplace, where you define the product to include the following:

  Discuss the strengths or weaknesses of firm ability

Discuss the Strengths or Weaknesses of our firm's ability to respond to or leverage these trends and issues. Support your comments with specific examples

  Molecule in a mixture of two gases

What is the ratio of the average kinetic energy of a SO2 molecule to that of an O2 molecule in a mixture of two gases?

  What kind of marketing strategy they are dealing

Read the article Shanghai Disneyland Is Customized for the Chinese Family.  What kind of marketing strategy they are dealing with What are the things they are doing in one Disneyland but the main common dominator is Disneyland Shanghai Go to their ..

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