Question: Signature Assignment 2 : Management Audit with Two Sub - Assignments and discussion integration The audit gives students practice in team building by reporting to

Signature Assignment 2: Management Audit with Two Sub-Assignments and discussion integration
The audit gives students practice in team building by reporting to a third party and explaining what they are trying to do, how well their plan is succeeding, and what adjustments they need to make to achieve their goals. It also provides an opportunity for the instructor to act as a consultant, asking questions and spurring students to improve performance.
Note: All assignments must include the student's name, the student's major, and the student's minor for assessment tracking purposes.
Categories of major and minor are: (1) Marketing; (2) Business - non Marketing; (3) Non Business; (4) Music
This two - part assignment has the following required components
Marketing Concepts: Discuss and illustrate the interrelationships of marketing concepts that incorporates, at a minimum, the following:
a. An overview of the strategic plan elements and marketing insights that supported the team's simulation inputs to date.
b. A detailed assessment of the team's performance to date in relation to its' competitors. Include a chart in this section.
c. Discussion of those previously-made decisions that were effective and those decisions that were ineffective.
External Environment: Create an analysis of the impact of external environmental factors and their impact to the objectives of the company
a. Explain any competitive and other environmental changes that have impacted results of your company.
b. What input changes does the team anticipate to accommodate changes in the environment. A specific answer is required for this question with supporting discussion.
c. Do plan goals need to be revised for the company? If so, be specific in your response and justification. If not, clearly explain why.
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