Marketing Homework

24 Jun Marketing Homework

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

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.

 

 

 

 

Individual Assignment: Elements of a Marketing Plan Paper

 

Purpose of Assignment

 

In today’s fast-changing business environment, marketers must understand the environmental factors which will affect their marketing actions.  Through environmental scanning, organizations can find out not only what consumers want, but also take advantage of market opportunities before their competition and react and respond quickly to market changes.

 

Resources Required

 

Marketing Chapter 2, Marketing Chapter 3, Marketing Chapter 5, Marketing Chapter 8, Geek Squad Case Study pp. 88-89

 

Grading Guide

 

Content

Met

Partially MetNot Met

Comments:

Choose a company with which you are familiar.

Explain the specific key environmental forces 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.

The paper is 1,050 words in length.

Total AvailableTotal Earned

7#/X

Writing Guidelines

Met

Partially MetNot Met

Comments:

The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements.

Intellectual property is recognized with in-text citations and a reference page (at least three references are used, at least one of which must come from the University Library).

Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper.

Sentences are complete, clear, and concise.

Rules of grammar and usage are followed including spelling and punctuation.

Total AvailableTotal Earned

3#/X

Assignment Total#10#/X

Additional comments: