Assignment: Situational Analysis
Length: 4 pages.
This paper will identify and describe Hershey's company, what business it is in, and set out the marketing problem that needs to be solved, and develop a marketing plan of your own to solve the problem. This is a situational analysis.
In thinking about the company what product or service needs a fresh look or can be ‘redefined' to generate interest again by the consumer - with the end goal of increasing sales volumes and subsequent revenue. Or, perhaps there is a new product or service that would bring revenue to the company.
Describe in paragraph format:
a. Describe Hershey's company and the products or services they offer.
b. What is the new or redefined product or service that you have selected?
c. State the mission and vision of the company.
d. Describe how the new or redefined product or service aligns with the mission and vision of the organization.
What you have accomplished at the end of this paper is called a Situational Analysis. The description is available in the textbook. See the description on page 246 of your textbook (Peter, J. P., & Donnelly, Jr., J. H. (2019). A preface to marketing management (15th ed.). Columbus, OH: Irwin/McGraw-Hill).
Format your assignment according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.