Reflect on the evolution of the marketing concept

Assignment Help Marketing Management
Reference no: EM131623372 , Length: 2500 Words

Learning Outcomes

a) Reflect on the evolution of the marketing concept

b) Outline the elements of the marketing process.

c) Analyse the social, cultural, global and environmental responsibilities of the professional marketer.

d) Demonstrate an understanding of analysis, problem solving and communication skills in marketing.

Instructions:
- The presentation recommended for this Assessment is REPORT FORMAT.
- An Executive Summary is NOT required, although you should include a Title Page, a Table of Contents, and use suitable Headings for the information presented, Student Identifier (Name and Number) and Page Numbers should appear on each page of the document - ideally in either the Header or Footer.
- The assessment should be submitted in a format that would be acceptable in the business world. All assessments are to be submitted to Blackboard. All work must be word-processed, spell checked, grammatically acceptable, and professional in appearance.
- Assessments should not be written from a 1st person context, but rather from the 3rd person perspective.
That is, "I, we, my, our" are not acceptable.
- All claims and recommendations are to be supported by suitable and relevant marketing and/or theoretical principles and the relevant references.
- Should include a correctly constructed Reference List and accompanying in report citations as per College guidelines (APA Referencing).
- The use of any combination of narrative, point form, diagrams, graphs or charts including presenting the information in table form is permitted - particularly if these devices reduce the wordiness and increase the "readability" of the submission.

Assessment Brief: Project Report

- Team's analyses should include:

a. A brief background Information on the Company and selected Product/Service

b. Situation Analysis that:

i. Examines forces and identifies key changes in the marketing environment that may influence both marketers' and customers' decisions including economic, political, legal, socio-cultural and technological factors.

ii. Includes a SWOT Analysis based on factors identified
from your Situation Analysis of the Marketing Environment (Opportunities/Threats) and any relevant internal factors (Strengths/Weaknesses).

c. Competitive Analysis of 2 competitor Product/Services, including why or what makes they are competitors to the Product/Service under review. Discussion in this section should also cover off whether the Competitors are considered to be superior/inferior to the Product/Service under review.

d. Consumer Buyer Characteristics including the level of involvement of consumers that purchase the Product/Service, identify situational, psychological and social influences on the buying decision process.

e. Any information that is obtained from secondary sources (i.e. books, journal, newspapers etc.) must be correctly referenced. This should include in-text citations and an alphabetical Reference List.

f. Relevant subject concepts that have been explained and used.

Reference no: EM131623372

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Reviews

len1623372

9/1/2017 7:51:17 AM

Consumer Behaviour Demonstrated analysis and application of the level of involvement of the purchasing decision, stages of the decision process and influences on the purchase decision (situational, psychological, social) 20% Limited understanding and analysis of the level of involvement of the purchasing decision, stages of the decision process and influences on the purchase decision evident. Some understanding and analysis of the level of involvement of the purchasing decision, stages of the decision process and influences on the purchase decision evident. A good understanding and analysis of Situation Analysis evident including relevant points in PEST and SWOT Analysis

len1623372

9/1/2017 7:51:04 AM

Competitor Analysis that identifies key competitors and analyses each. 20% Limited recognition and analysis of key competitors. Information not based on any research evidence. Identification of main competitors with some key information provided for each. Analysis of each competitor’s activities. Information based on some research evidence. Identification of main competitors with relevant key information provided for each. Strong analysis of each competitor’s activities. Information based on credible research evidence.

len1623372

9/1/2017 7:50:51 AM

A good understanding and analysis of Situation Analysis evident including relevant points in PEST and SWOT Analysis The economic, political, legal, economic and socio-cultural section displayed some understanding of key changing factors (PEST A highly developed understanding and analysis of Situation Analysis evident. The information in the PEST and SWOT Analysis discriminates between assertion of personal information substantiated by robust evidence A sophisticated understanding and analysis of Situation Analysis. The information contained in the PEST and SWOT Analysis systematically and critically distinguishes between assertion of personal opinion and information obtained from

len1623372

9/1/2017 7:50:46 AM

Situation Analysis Demonstrated identification and understanding of forces in the marketing environment including economic, political, sociocultural and technological factors Provides a PESTEL Analysis Limited understanding and analysis of Situation Analysis including PEST and SWOT The economic, political, legal, economic and socio- cultural section displayed little or no understanding of key changing factors (PEST Analysis). SWOT Analysis did not contain key relevant points. Both PEST and SWOT analysis not supported by research Some understanding and analysis of Situation Analysis evident including PEST and SWOT The economic, political, legal, economic and socio- cultural section displayed some understanding of key changing factors (PEST Analysis). SWOT Analysis contained some key relevant points.

len1623372

9/1/2017 7:50:40 AM

Learning Rubrics Assessment Attributes Fail (Unacceptable) (0-49) Pass (Functional) (50-64) Credit (Proficient) (65-74) Distinction (Advanced) (75-84) High Distinction (Exceptional) (85-100) Background Provide background information of the chosen company and product/service. 10% The introduction did not meet the minimum standard. Inadequate information. Lack of identification of specific product/service. Meets minimum standard. Basic background information provided. Moves beyond minimum standard. Shows evidence of research. Exceeds minimum standard. Information well synthesised and evidence of research. Far exceeds minimum standard. Background information of the company demonstrates ability to research and synthesize information into clear and concise information

len1623372

9/1/2017 7:50:27 AM

e. Any information that is obtained from secondary sources (i.e. books, journal, newspapers etc.) must be correctly referenced. This should include in-text citations and an alphabetical Reference List. f. Relevant subject concepts that have been explained and used.

len1623372

9/1/2017 7:50:21 AM

what makes they are competitors to the Product/Service under review. Discussion in this section should also cover off whether the Competitors are considered to be superior/inferior to the Product/Service under review. d. Consumer Buyer Characteristics including the level of involvement of consumers that purchase the Product/Service, identify situational, psychological and social influences on the buying decision process.

len1623372

9/1/2017 7:50:12 AM

Assessment Brief: Project Report • Team’s analyses should include: a. A brief background Information on the Company and selected Product/Service b. Situation Analysis that: i. Examines forces and identifies key changes in the marketing environment that may influence both marketers’ and customers’ decisions including economic, political, legal, socio-cultural and technological factors. ii. Includes a SWOT Analysis based on factors identified from your Situation Analysis of the Marketing Environment (Opportunities/Threats) and any relevant internal factors (Strengths/Weaknesses).

len1623372

9/1/2017 7:49:50 AM

• The assessment should be submitted in a format that would be acceptable in the business world. All assessments are to be submitted to Blackboard. All work must be word-processed, spell checked, grammatically acceptable, and professional in appearance. • Assessments should not be written from a 1st person context, but rather from the 3rd person perspective. That is, “I, we, my, our” are not acceptable. • All claims and recommendations are to be supported by suitable and relevant marketing and/or theoretical principles and the relevant references. • Should include a correctly constructed Reference List and accompanying in report citations as per College guidelines (APA Referencing). • The use of any combination of narrative, point form, diagrams, graphs or charts including presenting the information in table form is permitted – particularly if these devices reduce the wordiness and increase the "readability" of the submission.

len1623372

9/1/2017 7:49:43 AM

• The presentation recommended for this Assessment is REPORT FORMAT. • An Executive Summary is NOT required, although you should include a Title Page, a Table of Contents, and use suitable Headings for the information presented, Student Identifier (Name and Number) and Page Numbers should appear on each page of the document – ideally in either the Header or Footer.

len1623372

9/1/2017 7:48:53 AM

• The aim of this assessment is for you to demonstrate both your understanding of, and ability to identify the key components of a Marketing Plan for a product or service. • There are two phases to this assessment. The first phase requires the groups to select a product/service (from one of their individual choices from the assessment 1 discussions) and analyze it according to topics that are covered in Modules 1 – 4 (Weeks 1- 8) of class. • In the second phase of the assessment (due in Week 12) the groups are expected to show a thorough understanding through application to theory of the Marketing Mix for their product/service of choice (Please note: the same product/service/organization is to be used for assessment 3). • You should add to your group discussion forum, a one-sentence description of your chosen topic by Sunday of Module 3 (week 6). • One submission of the report per group is allowed.

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