Managing Marketing in Business

Assessment Task
You are required to research, prepare and submit a fully referenced report that analyses all important contemporary marketing planning elements in the context of this task.
In order to successfully complete this assignment you will need to identify and use as referenced justification, appropriate marketing theories and conduct thorough research into the relevant features of the chosen market.
You have been asked to provide a detailed analysis of a chosen company (excluding global multinational companies, such as Coca-Cola, BMW, etc.) and develop a marketing plan.
You are required to use the simulation SimVenture to assist you in making the right decisions for your business.
The marketing plan will be split into two parts (AE1 and AE2).
Your first report (AE1) will contain the following elements:
1. 5% Background – mission and corporate objectives
2. 25% Market audit – external and internal factors impacting the industry the organisation is operating in and information concerning its customers
3. 20% Market overview – the market size, growth and trends and major competitors
4. 10% The product audit – description and application of product models
5. 30% Marketing assumptions, objectives and strategies
6. 10% Estimation of the expected results and identification of alternative plans and mixes – the budget
Other Instructions
1. Your assignment must be in report format with appropriate headings and paragraph numbering. You must include all sources and references in a ‘References’ section. You are expected to refer to appropriate theory and models, and to reference your work correctly, using the Harvard system. If you are unsure of the Harvard system a guidance leaflet is available from the library.
2. The assignment is about the application of knowledge. Do not waste words with theoretical explanations, but do use models and theory to provide suitable frameworks. Where information is not given you should undertake additional secondary research or you should state what additional information is needed, why it is needed and where and how it could be obtained.
3. The word limit is very tight; therefore you will need to be concise, consider using bullet points. Use minimum words for clarity and do not repeat yourself. Please note the marks weighting for each of the tasks and the weighting for report structure and presentation.
4. You must NOT contact any of the companies involved in these assignments without prior permission from one of the company managers or your tutors. Much of the information you will need is available to you from secondary sources.
5. Your work will be assessed using the attached marking scheme below.

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