Explain what the specific key environmental forces

Assignment Help Marketing Management
Reference no: EM131416671

Watch the video case study "Geek Squad: A New Business for a New Environment."

https://highered.mheducation.com/sites/0077861035/student_view0/chapter3/video_cases.html

Read the case study discussion on pp. 88-89 of the Marketing text. Keep this case study in mind as you complete this assignment.

Write a 1,050-word report using your company or one with which you are familiar (if you prefer, your facilitator can assign one to you). Answer the following questions for your chosen organization.

  • Explain what the specific key environmental forces are that created an opportunity for your company.
  • Identify if there have been changes in the purchasing patterns of your organization's target market in recent years.
  • Conduct an environmental scan for your chosen company to identify key trends. For each of the five environmental forces (social, economic, technological, competitive, and regulatory), identify trends likely to influence your company's marketing efforts and product offering in the future.
  • Explain what differentiation strategy your company should undertake to encourage their target market to choose them over other competitors.
  • Analyze what lessons you might learn from the Geek Squad case study.

Include at least three references, at least one of which must come from the University Library.

Reference no: EM131416671

Questions Cloud

What are the company short-term and long-term goals : Next, analyze the company's strategy, mission, and organizational structure. In your analysis, include the following: What are the company's short-term and long-term goals
Considering relationship between manager and each employee : You are the first-line supervisor of a small department in a large health facility. You have a good relationship with your employees. Three of them came to you and volunteer the fact that they had been approached by some other employees about interes..
Communication knowledge to enrich your leadership skills : Explain how you can use the interpersonal communication grapevine communication and computer aided communication Knowledge to enrich your leadership skills?
Design a flow chart for your proposed new product : Design a flow chart for your proposed new product development process to serve as a guide to your discussion. Identify the key stakeholders in the new product development process. What persuasive strategies would you take to solicit support from y..
Explain what the specific key environmental forces : Explain what the specific key environmental forces are that created an opportunity for your company. Identify if there have been changes in the purchasing patterns of your organization's target market in recent years
Contest of great skill-mixing martial arts-boxing-wresting : UFC (Ultimate Fighting Championship), the subject of this week's case, was repositioned from what some people thought was a barbaric human cock-fight in a cage, with little redeeming value; to a contest of great skill, mixing martial arts, boxing and..
Decide whether to open cafeteria-fast-food restaurant : Write a 500 word minimum response to the question of how an entrepreneur would decide whether to open a cafeteria, fast-food restaurant, or fine-food restaurant?
Discuss importance of companies embracing social media : Develop a PowerPoint presentation (10 slides in length).  The content should focus on some aspect of social media use in the workplace.  Potential examples include the importance of companies embracing social media, advertising through social medi..
Discuss the difference between a leader and a supervisor : Describe the crisis or disaster that took place.Compare and contrast the crisis management style exhibited by the persons in a position of leadership at the time of the crisis, with what you imagine "your" leader would have demonstrated. Discuss the ..

Reviews

Write a Review

Marketing Management Questions & Answers

  Describe which style variety of colors

An abundance of flowers, a rounded shape, and a variety of colors describe which style? The main element involved in basing is

  What are three types of gaps that exist

What are three types of gaps that exist, indicating that research may be needed to assist a business in making some decision?

  In a survey of 50 corporations which of the following was

1 in a survey of 50 corporations which of the following was rated as a benefit of strategic management?a. clearer sense

  What is your company business to business model?

What is your company's business to business model

  Penetration of trash compactors in american homes

1.The product manager of GE is reviewing the penetration of trash compactors in American homes.

  Competitive institutional advertising

1.How does competitive product advertising differ from competitive institutional advertising?

  Explain strategic and quality management

Explain Strategic and Quality Management and How are quality imperative and continuous improvement related to strategic and operational control

  Intrapreneurial or entrepreneurial development of product

The presentation should provide sufficient details and supporting information to convince Triangle's CEO and Board of Directors to approve the proposal and begin the intrapreneurial or entrepreneurial development of the product

  Implementation of the marketing plan

Analyze marketing strategies in reaching markets with their products or services. Continue with a detailed description of marketing management strategies used in the implementation of the marketing plan.

  Targeting segments and brand positioning statements

Targeting Segments and Brand Positioning Statements

  Why is employee loyalty important to an organization today

Choose a product or service you recently purchased. Tell how at least three marketing influences convinced you to purchase it or at lease helped you choose the brand or company. What is "buyer's remorse" and how can marketers overcome this behav..

  Describe strategic alliances and why they are important

Describe strategic alliances and why they are important in marketing, Define the concept of a stakeholder as it relates to marketing

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