Which of environmental factors do you feel is most critical

Assignment Help Marketing Management
Reference no: EM131113172

Michelle, Elena, and the Mobile Manufacturing, Inc. (MM) board of directors know how important it is to understand the environment in which it is operating. They hired you-a highly-regarded marketing consultant-to bring a fresh perspective to the marketing plan. You are scheduled to meet with Michelle and Elena next week to discuss the environmental conditions that are relevant to introducing the new product.

As you prepare for the meeting, you consider all of the possible environmental issues. You recognize that Elena brings an interesting perspective to the process because she has experience designing mobile phones for the Eastern European market, and she is pushing for a new product that can be marketed worldwide. On the other hand, Michelle is more concerned with the domestic marketplace and is worried that trying to market a new product anywhere outside the United States-much less worldwide-could be very risky.

You sit down to start your work on the marketing plan, and you begin by drafting some goals that the marketing plan needs to address.

Primary Task Response: Within the Discussion Board area, write 750-1,000 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Walking through the halls at MM, you ponder the job that lies ahead. Coming out of her office, Michelle spots you and heads in your direction.

"I'm so glad you're here," she says. "Have you settled into your office?"

"Yes," you say. "I'm eager to get started."

Michelle enters your office and takes a seat in a chair. "I'm scheduled to make a presentation to the board at the quarterly meeting next week.

I know it's short notice, but I was wondering if you could pull together a 30-minute presentation for them?" she asks.

"What would you like me to present?" you ask.

"As you know, you and Elena have been brought on to revitalize the product line for the company. Your role is to create a winning marketing plan that will allow us to capitalize on the new product that Elena is designing. The board would like you to discuss some of the issues that you will be considering as you develop the marketing plan for the new product. I know they're especially interested in your thoughts on the global market."

"That sounds like a great idea," you say.

Consider the environmental variables (i.e., technological, demographic, economic, political, and cultural variables) that you must include in your marketing plan, and answer the following:

Which of the environmental factors do you feel is the most critical, and why?

What might someone with an opposing viewpoint think is the most important?

Given this opposing argument, how would you argue your opinion?

What solutions should be considered as you seek to develop a sense of ownership of your plan?

What solutions would you recommend to the board, and why?

Is a compromise feasible?

Reference no: EM131113172

Questions Cloud

Format before streaming to client : Give me a python library that can compress video frame to H.264 format before streaming to client. Currently I am using socket to send the video string. Is there any other good alternative? Please provide some example also.
What psychographic characteristics define your target market : What are the demographic characteristics of your target market and why are they important? Where is your target market located geographically and why is that important?
Malicious threat sources to physical security : Identify the malicious threat sources to physical security and their corresponding countermeasures. Describe the main components of a CCTV system. What are some of the concerns with CCTV deployments?
Calculate the motor starting torque : The motor starting torque.
Which of environmental factors do you feel is most critical : Which of the environmental factors do you feel is the most critical, and why? What might someone with an opposing viewpoint think is the most important? Given this opposing argument, how would you argue your opinion?
Calculate the parameters of the equivalent circuit : Calculate the parameters of the equivalent circuit shown in Figure 13.2.5(c).
How the other variables affect the survival time in days : Read the description of the data. Then fit a suitable model to understand how the other variables affect the Survival time in days from day of diagnosis of the patients
How effective it is in attracting and retaining customers : Discuss how the company can use learning and perception theories in attracting and retaining target market members. Provide a brief description of the theory with specific examples of using it in a marketing communication strategy.
Visible analyst diagramming tool : Draw a level 0 data flow diagram for the real estate system using Visible Analyst diagramming tool.

Reviews

Write a Review

Marketing Management Questions & Answers

  Identify an organization that does direct marketing prepare

identify an organization that does direct marketing. prepare a two to three page paper describing and assessing its

  Carl has a fixed monthly cost of 257000 and delivers 33

you received an email from carl the operations manager from the california container division. they produce packaging

  Marketing strategy for a new product

Marketing Strategy for a New Product

  What the important qualities that your company should look

What are the most important qualities that your company should look for in an area sales manager? Which of the two candidates would you recommend for the job? Why

  Explain marketing mix at hallmark

Explain Marketing Mix at Hallmark and discuss how each element influences Hallmark's tactics and marketing strategy

  Be sure to include information about where statistics are

using our data set from unit 1 compose a 3-page e-mail to the head of the american intellectual union aiu which

  Common bases used by marketers for demographic segmentation

Marketers use demographic information to segment markets because it is widely available and often related to consumers' purchasing and consumption behavior. List five common bases used by marketers for demographic segmentation

  Explain important information about applying marketing

Explain Important information about Applying Marketing Principles and Describe how the company uses the direct channel of distribution

  Compute a branding strategy for your product

Write a four page paper in which you: Develop a branding strategy for your product that covers the brand name, logo, slogan, and at least one (1) brand extension

  Explain importance of marketing mix

Explain Importance of Marketing Mix and How has one marketing principle or idea affected how you view your role in your company

  Explain technology and marketing

Explain Technology and Marketing and This solution provides the learner with an understanding of the different technologies that companies are utilizing to market their various goods and services

  Explain technology trends in e-business

Understand different technology trends in e-business - would like information and references to do additional research.

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