Business Management Combined Assignment: 3 Tasks consisting 2 papers + 1 presentation
Requirement: zero plagiarism, work contents MUST include all topics / pointers given on the right column as shown in the attachments.
Assume that you are the Entrepreneurship and Innovation Manager with responsibility for International marketing of a selected organisation. You have been asked to prepare a report to explain the role of international marketing to other managers in your organisation.
Task 1
- Explain why firms develop international marketing, and prepare a PESTEL analysis of a chosen foreign market for identified products/services.
- Generate ideas for an innovative product or service. Focus on the following key steps:
o Idea generation, opportunity evaluation with SWOT analysis
o Market research for the new idea and new product/service planning
- Devise an outline marketing plan for a foreign market. Your plan should include your objectives, the marketing mix, and consideration of relevant ethical and environmental issues.
International Marketing Management, Entrepreneurship and Innovation
Task 2
- Evaluate international marketing research techniques for a chosen market, and explain methods your choice of for entering that market. Your response should show consideration of:
o The choice of distribution channels for export of identified products/services
o Analysis of how foreign investment decisions are made.
- Identify, then evaluate a target market for the new product (see task 1) and select an appropriate market segment.
- Construct a sound business proposal for the new product/service.
- Individually, or in groups, prepare and deliver a presentation for a business pitch for the new product/service.
Task 3
- Carry out an environmental audit of a selected organisation and evaluate its strategic position, using PESTEL and 5 Forces analyses.
Entrepreneurship and Innovation
Assignment Word Count
Task 1 1500 words
Task 2 Presentation, with notes, maximum 20 slides
Task 3 1000 words.