Question: + + GROUP + REPORT + 2 0 0 0 + words You + are + required + to + demonstrate + a + comprehensive
GROUPREPORTwords
Youarerequiredtodemonstrateacomprehensiveunderstandingoffundamentalmarketingprinciples,particularlyinthecontextofapplyingthePsmarketingstrategyProductPrice,Place,andPromotiontoarealworldbusinessscenario.Throughthisanalysis,studentsshouldshowcasetheirabilitytoapplytheoreticalconceptstopracticalmarketingchallengesfacedbytheselectedcompany.
Inyougroupreportyouareexpectedto:
SelectaCompany:
ChooseaspecificcompanytofocusonThiscouldbeawellknownbrandorasmallerbusiness,
ResearchtheCompany:Gatherinformationaboutthechosencompany'sbackground,productsorservices,targetmarket,pricingstrategies,distributionchannels,andcurrentmarketingefforts.Thisresearchmayinvolvestudyingthecompany'swebsite,annualreports,marketingmaterials,newsarticles,andotherrelevantsources.
Provideanoverviewofthecompany:Provideamoredetailedbackgroundoftheselectedcompany.Includeinformationsuchasitshistory,missionstatement,targetmarketandtheinformationyouhavefoundinthepreviousstep.
ApplythePMarketingStrategy:AnalysehowthecompanyutilisesthefourelementsofthemarketingmixProductPrice,Place,andPromotioninitsoverallmarketingstrategy.Assessthestrengthsandweaknessesofeachcomponentandhowtheycontributetothecompany'smarketpositioningandcompetitiveadvantage.
EvaluateEffectiveness:
Evaluatetheeffectivenessofthecompany'scurrentmarketingstrategiesinachievingitsbusinessobjectives.Considerfactorssuchasmarketshare,customersatisfaction,brandperception,andfinancialperformance.
IdentifyOpportunitiesandChallenges:
IdentifypotentialopportunitiesforimprovementorgrowthwithineachaspectofthePstrategy.
Thismayinvolveproposingnewproductfeaturesorlines,adjustingpricingstrategies,expandingdistributionchannels,orrefiningpromotionaltactics.
MakeRecommendations:
Basedontheanalysisconducted,provideactionablerecommendationsforenhancingthecompany'smarketingefforts.Theserecommendationsshouldbewellsupportedbyevidenceandalignedwiththecompany'sgoalsandtargetmarket.
DrawConclusions:Reflectonthekeyinsightsgainedfromtheresearchandanalysisprocess.Summarisethemainfindingsandconclusions,emphasisingtheimportanceofapplyingthePmarketingstrategyindrivingbusinesssuccess.
Yourreportmustinclude:
Awordcountofwordsmaximum
Referencesfromtextbook,supportingyourargument.
Correctwritingstructure.RefertotheAcademicLearningSkillshandoutonreportwriting.
Harvardreferencingforanysourcesyouuse.RefertotheAcademicLearningSkills
handoutonReferencing.
Aminimumofacademicreferencesincludingthetextbook
Writeareportwords
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