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

Keep examples from this case study in mind as you complete this assignment. 

Write a 700 to 1,000-word report using your company or one with which you are familiar (if you prefer, your facilitator can assign one to you). Include the following:

  • Think critically and do an Environmental Scan of your chosen company's marketplace to identify key trends in their Market.  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 offerings in the future.

  • Discuss opportunities for success afforded by environmental forces at play in the company's Market.

  • Discuss changes in the purchasing patterns of your organization's Target Market in recent years that provide challenges and opportunities.

  • Explain what Differentiation Strategy your company could use to encourage theirTarget Market to choose them over other competitors.

  • Discuss lessons you might have used from the Geek Squad case study.

Include at least three references, at least one of which must come from the University Library.

Format your paper consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

 

Grading 

Content: Paper demonstrates solid understanding and insights related to the topic. Critical thinking was demonstrated and appropriate quotes and graphics were used to support positions taken and ideas discussed. 6 Points; Organization: Paper began with an introductory comment and, using Section Headings as a sort of outline to highlight assignment content, flowed to logical conclusions. 2 Points; Mechanics: Grammar and spelling are at University level, APA guidelines are adhered to and Reference Page was provided. 2 Points; Paper met length expectations. Paper was submitted on time.

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 Met

Not 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 Available

Total Earned

#/X

Writing Guidelines

Met

Partially Met

Not 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 Available

Total Earned

 

#/X

Assignment Total

#

10

#/X

Additional comments: